Farmers State Bank in Losantville, Indiana (IN)
Table of contents:
| Farmers State Bank | |
|---|---|
| General | FDIC Certificate #: 199 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: The Farmers State Bank of Union City (#10661) Federal Reserve ID: 346641 Date Established: July 21, 1902 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 159 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: November 15, 1997 Last Structure Change Process Date: December 31, 1997 Last Data Update: December 31, 1997 Data Source Date: April 05, 2012 |
| Location | Address: U.S. Highway 35 And 36, Losantville, IN 47354 County: Randolph 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 |
| Financial Summary | Total assets: $20.4 mil |
| Assets and Liabilities (December 31, 1996) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $8 |
| Cash and due from depository institutions | $20,690 |
| Interest-bearing balances | $956 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $3,547 |
| Net loans & leases | $800 |
| Loan loss allowance | $14,789 |
| Trading account assets | $343 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $402 |
| Goodwill and other intangibles | $0 |
| All other assets | $0 |
| Life insurance assets | $196 |
| Total liabilities and capital | $0 |
| Total liabilities | $20,690 |
| Total deposits | $18,799 |
| Interest-bearing deposits | $18,715 |
| Deposits held in domestic offices | $17,070 |
| % insured (estimated) | 18715.00% |
| Federal funds purchased & repurchase agreements | $93 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $84 |
| Total bank equity capital | $84 |
| Perpetual preferred stock | $1,891 |
| Common stock | $0 |
| Surplus | $150 |
| Undivided profits | $550 |
| Memoranda | |
| Noncurrent loans and leases | $1,191 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $72 |
| Earning assets | $116 |
| Long-term assets (5+ years) | $19,136 |
| Average Assets, year-to-date | $355 |
| Average Assets, quarterly | $19,362 |
| Volatile liabilities | $20,207 |
| Insider loans | $1,338 |
| FHLB advances | $293 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $1,115 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $1,887 |
| Total unused commitments | $12,859 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1996) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $1,543 |
| Net interest income | $701 |
| Provision for loan and lease losses | $842 |
| Total noninterest income | $35 |
| Fiduciary activities | $125 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $81 |
| Additional noninterest income | $0 |
| Total noninterest expense | $44 |
| Salaries and employee benefits | $513 |
| Premises and equipment expense | $196 |
| Additional noninterest expense | $70 |
| Pre-tax net operating income | $247 |
| Securities gains (losses) | $419 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $169 |
| Extraordinary gains - net | $250 |
| Net income attributable to bank | $0 |
| Net charge-offs | $250 |
| Cash dividends | $5 |
| Sale, conversion, retirement of capital stock, net | $60 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1996) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 8.65% |
| Net interest margin | 3.93% |
| Noninterest income to earning assets | 4.72% |
| Noninterest expense to earning assets | 0.70% |
| Net operating income to assets | 2.88% |
| Return on assets (ROA) | 1.29% |
| Pretax return on assets | 1.29% |
| Return on equity (ROE) | 2.16% |
| Retained earnings to average equity (YTD only) | 13.92% |
| Net charge-offs to loans | 10.58% |
| Credit loss provision to net charge-offs | 0.04% |
| Efficiency ratio | 700.00% |
| Assets per employee | $53,051 |
| Cash dividends to net income (YTD only) | 2.59% |
| Condition Ratios (%) | |
| Loss allowance to loans | 24.00% |
| Loss allowance to noncurrent loans | 2.27% |
| Noncurrent assets plus other real estate owned to assets | 476.39% |
| Noncurrent loans to loans | 0.35% |
| Net loans and leases to deposits | 0.48% |
| Net loans and leases to core deposits | 79.02% |
| Equity capital to assets | 85.11% |
| Core capital (leverage) ratio | 9.14% |
| Tier 1 risk-based capital ratio | 9.54% |
| Total risk-based capital ratio | 14.67% |
| Memoranda | |
| Average assets | $16 |
| Average earning assets | $19,362 |
| Average equity | $1,797 |
| Average loans | $17,836 |
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