Farmer City State Bank in Farmer City, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmer City State Bank - Overview

  • General
  • FDIC Certificate #: 15855
    Status: Active
    Federal Reserve ID: 977036
    Bank Holding Company (Regulatory Top Holder): Premier Bancorp Of Illinois, Inc. (RSSDID: 1200188, Location: Farmer City, IL)
    Date Established: November 01, 1941
    WWW: http://www.netteller.comfarmercitybank/login.cfm/
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15855
    FDIC's unique #: 10095
    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: November 01, 1941
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 333 South Main Street, Farmer City, IL 61842
    County: De Witt
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Champaign
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $71.8 mil
    Equity capital: $8.3 mil
    Deposits held in domestic offices: $63.1 mil
    Return on assets (ROA): 1.23% ($0.9 mil)
    Quarterly return on assets: 2.18% ($1.6 mil)
    Return on Equity (ROE): 10.71% ($0.9 mil)
    Quarterly return on equity: 18.67% ($1.5 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.23% ($882.9 mil)
    Quarterly Pretax return on assets: 2.18% ($1,564.8 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
  • 23Total employees (full-time equivalent)
  • $71,781Total assets
  • $4,072Cash and due from depository institutions
  • $324Interest-bearing balances
  • $46,925Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $18,866Net loans & leases
  • $431Loan loss allowance
  • $0Trading account assets
  • $906Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $71,781Life insurance assets
  • $1,012All other assets
  • $63,450Total liabilities and capital
  • $63,081Total liabilities
  • $54,286Total deposits
  • $63,081Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $369Subordinated debt
  • $8,331All other liabilities
  • $8,331Total equity capital
  • $8,331Total bank equity capital
  • $0Perpetual preferred stock
  • $800Common stock
  • $3,500Surplus
  • $4,031Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $575Income earned, not collected on loans
  • $54Earning assets
  • $650Long-term assets (5+ years)
  • $66,115Average Assets, year-to-date
  • $38,560Average Assets, quarterly
  • $67,733Volatile liabilities
  • $70,563Insider loans
  • $27,948FHLB advances
  • $72,069Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,115Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,190Restructured Loans and leases
  • $14Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,626Total interest income
  • $431Total interest expense
  • $2,195Net interest income
  • $286Provision for loan and lease losses
  • $869Total noninterest income
  • $427Fiduciary activities
  • $236Service charges on deposit accounts
  • $0Trading account gains & fees
  • $206Additional noninterest income
  • $2,084Total noninterest expense
  • $1,288Salaries and employee benefits
  • $201Premises and equipment expense
  • $595Additional noninterest expense
  • $694Pre-tax net operating income
  • $136Securities gains (losses)
  • $0Applicable income taxes
  • $830Income before extraordinary items
  • $0Extraordinary gains - net
  • $830Net income attributable to bank
  • $0Net charge-offs
  • $830Cash dividends
  • $419Sale, conversion, retirement of capital stock, net
  • $313Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.29%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 3.59%Net interest margin
  • 1.42%Noninterest income to earning assets
  • 3.41%Noninterest expense to earning assets
  • 1.02%Net operating income to assets
  • 1.23%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 10.71%Return on equity (ROE)
  • 6.67%Retained earnings to average equity (YTD only)
  • 2.05%Net charge-offs to loans
  • 68.26%Credit loss provision to net charge-offs
  • 2.34%Efficiency ratio
  • 68,016Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.71%Loss allowance to loans
  • 2.23%Loss allowance to noncurrent loans
  • 74.96%Noncurrent assets plus other real estate owned to assets
  • 0.80%Noncurrent loans to loans
  • 2.98%Net loans and leases to deposits
  • 29.91%Net loans and leases to core deposits
  • 30.69%Equity capital to assets
  • 11.61%Core capital (leverage) ratio
  • 9.87%Tier 1 risk-based capital ratio
  • 25.46%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $67,733Average earning assets
  • $7,751Average equity
  • $61,172Average 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
  • $123,621Managed Assets
  • 1Number of Accounts
  • $92,345Personal trust and agency accounts
  • $78,960Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $13,385Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 192Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $31,276Other retirement accounts
  • $30,788Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010095Farmer City State Bank333 South Main Street, Farmer City, IL 61842November 01, 1941Full Service Brick and Mortar
    1235648Bellflower FacilityMain Street At Route 54, Bellflower, IL 61724July 11, 1983Full Service Brick and Mortar

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