FDIC Certificate #: 5777 Status: Active Federal Reserve ID: 69847 Date Established: December 01, 1912 Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 3939 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 02, 2010 Last Structure Change Process Date: June 02, 2010 Last Data Update: June 02, 2010 Data Source Date: April 05, 2012
Location
Address: 3988 West Delphi Road, Sweetser, IN 46987 County: Grant Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Indianapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Marion, IN (#31980) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $19.3 mil Equity capital: $2.8 mil Deposits held in domestic offices: $16.4 mil Return on assets (ROA): 0.34% ($0.1 mil) Quarterly return on assets: 0.12% ($0.0 mil) Return on Equity (ROE): 2.28% ($0.1 mil) Quarterly return on equity: 0.86% ($0.0 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.34% ($65.5 mil) Quarterly Pretax return on assets: 0.12% ($23.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
7Total employees (full-time equivalent)
$19,263Total assets
$3,035Cash and due from depository institutions
$2,300Interest-bearing balances
$5,985Securities
$2,545Federal funds sold & reverse repurchase agreements
$7,169Net loans & leases
$159Loan loss allowance
$0Trading account assets
$93Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$19,263Life insurance assets
$436All other assets
$16,489Total liabilities and capital
$16,436Total liabilities
$13,232Total deposits
$16,436Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$53Subordinated debt
$2,774All other liabilities
$2,774Total equity capital
$2,774Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$255Surplus
$2,419Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$209Income earned, not collected on loans
$0Earning assets
$181Long-term assets (5+ years)
$17,999Average Assets, year-to-date
$4,649Average Assets, quarterly
$18,359Volatile liabilities
$19,534Insider loans
$8,199FHLB advances
$19,657Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,654Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$302Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$773Total interest income
$144Total interest expense
$629Net interest income
$20Provision for loan and lease losses
$133Total noninterest income
$6Fiduciary activities
$29Service charges on deposit accounts
$0Trading account gains & fees
$98Additional noninterest income
$679Total noninterest expense
$378Salaries and employee benefits
$74Premises and equipment expense
$227Additional noninterest expense
$63Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$63Income before extraordinary items
$0Extraordinary gains - net
$63Net income attributable to bank
$0Net charge-offs
$63Cash dividends
$0Sale, conversion, retirement of capital stock, net
$89Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.47%Yield on earning assets
0.83%Cost of funding earning assets
3.64%Net interest margin
0.77%Noninterest income to earning assets
3.92%Noninterest expense to earning assets
0.34%Net operating income to assets
0.34%Return on assets (ROA)
0.34%Pretax return on assets
2.28%Return on equity (ROE)
-0.94%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
89,108Assets per employee
2.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
141.27%Loss allowance to loans
2.17%Loss allowance to noncurrent loans
76.08%Noncurrent assets plus other real estate owned to assets
1.08%Noncurrent loans to loans
2.85%Net loans and leases to deposits
43.62%Net loans and leases to core deposits
44.31%Equity capital to assets
14.40%Core capital (leverage) ratio
13.50%Tier 1 risk-based capital ratio
32.37%Total risk-based capital ratio
Memoranda
$34Average assets
$18,359Average earning assets
$2,761Average equity
$17,302Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$1,018Managed Assets
1Number of Accounts
$1,018Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$995Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$23Non-managed Assets
4Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
List of branches
1 Indiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3939
The Farmers State Bank
3988 West Delphi Road, Sweetser, IN 46987
December 01, 1912
Full Service Brick and Mortar
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