The Farmers State Bank of Brush in city_name, state_name - Detailed Financial Reports, Location

The Farmers State Bank of Brush in Brush, Colorado (CO)
Show street view No street view available for this location

The Farmers State Bank of Brush routing number info

The Farmers State Bank of Brush - Overview

General
FDIC Certificate #: 10407
Status: Active
Federal Reserve ID: 621151
Bank Holding Company (Regulatory Top Holder): First Pioneer Bank Corp. (RSSDID: 1062528, Location: Wray, CO)
Date Established: October 09, 1915
WWW: http://www.fsbbrushakron.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 6656
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: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 11, 2009
Last Structure Change Process Date: November 19, 2009
Last Data Update: November 19, 2009
Data Source Date: April 05, 2012
Location
Address: 200 Clayton Street, Brush, CO 80723
County: Morgan
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Denver
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Core Based Statistical Area (CBSA): Fort Morgan, CO (#22820)
CBSA Micro Statistical Area: Yes
History of Changes
Office Purchased
Financial Summary
Total assets: $93.7 mil
Equity capital: $15.8 mil
Deposits held in domestic offices: $77.0 mil
Return on assets (ROA): 1.14% ($1.1 mil)
Quarterly return on assets: 1.31% ($1.2 mil)
Return on Equity (ROE): 6.79% ($1.1 mil)
Quarterly return on equity: 7.74% ($1.2 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.46% ($1,367.3 mil)
Quarterly Pretax return on assets: 1.73% ($1,620.2 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
29Total employees (full-time equivalent)
$93,651Total assets
$7,302Cash and due from depository institutions
$5,247Interest-bearing balances
$29,294Securities
$520Federal funds sold & reverse repurchase agreements
$53,845Net loans & leases
$797Loan loss allowance
$0Trading account assets
$477Bank premises and fixed assets
$397Other real estate owned
$0Goodwill and other intangibles
$93,651Life insurance assets
$1,816All other assets
$77,866Total liabilities and capital
$77,037Total liabilities
$60,031Total deposits
$77,037Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$597Trading liabilities
$0Other borrowed funds
$232Subordinated debt
$15,785All other liabilities
$15,785Total equity capital
$15,785Total bank equity capital
$0Perpetual preferred stock
$563Common stock
$3,000Surplus
$12,222Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$16Income earned, not collected on loans
$0Earning assets
$1,296Long-term assets (5+ years)
$88,906Average Assets, year-to-date
$20,340Average Assets, quarterly
$91,537Volatile liabilities
$92,706Insider loans
$57,709FHLB advances
$92,149Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$15,195Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,632Restructured Loans and leases
$71Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,266Total interest income
$529Total interest expense
$3,737Net interest income
$70Provision for loan and lease losses
$478Total noninterest income
$220Fiduciary activities
$182Service charges on deposit accounts
$0Trading account gains & fees
$76Additional noninterest income
$2,807Total noninterest expense
$1,713Salaries and employee benefits
$346Premises and equipment expense
$748Additional noninterest expense
$1,338Pre-tax net operating income
-$1Securities gains (losses)
$297Applicable income taxes
$1,040Income before extraordinary items
$0Extraordinary gains - net
$1,040Net income attributable to bank
$0Net charge-offs
$1,040Cash dividends
-$35Sale, conversion, retirement of capital stock, net
$600Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.92%Yield on earning assets
0.61%Cost of funding earning assets
4.31%Net interest margin
0.55%Noninterest income to earning assets
3.24%Noninterest expense to earning assets
1.14%Net operating income to assets
1.14%Return on assets (ROA)
1.46%Pretax return on assets
6.79%Return on equity (ROE)
2.87%Retained earnings to average equity (YTD only)
-0.06%Net charge-offs to loans
-200.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
66,595Assets per employee
3.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.69%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
4981.25%Noncurrent assets plus other real estate owned to assets
0.44%Noncurrent loans to loans
0.03%Net loans and leases to deposits
69.89%Net loans and leases to core deposits
71.88%Equity capital to assets
16.86%Core capital (leverage) ratio
16.49%Tier 1 risk-based capital ratio
26.33%Total risk-based capital ratio
Memoranda
$28Average assets
$91,537Average earning assets
$15,327Average equity
$86,670Average 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
$97,669Managed Assets
1Number of Accounts
$97,669Personal trust and agency accounts
$70,961Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$26,708Fiduciary accounts held in foreign offices
$0Non-managed Assets
8Number 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

3 Colorado Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	6656	The Farmers State Bank Of Brush	200 Clayton Street, Brush, CO 80723	October 09, 1915	Full Service Brick and Mortar
1	222357	Drive-In Facility	205 Carson Street, Brush, CO 80723	December 23, 1974	Limited Service Facility
2	497279	Akron Branch	101 Main Avenue, Akron, CO 80720	November 11, 2009	Full Service Brick and Mortar

The Farmers State Bank of Brush in Brush, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Farmers State Bank of Brush - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

The Farmers State Bank of Brush in Brush, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

The Farmers State Bank of Brush - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

The Farmers State Bank of Brush in Brush, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches