Farmers Bank in city_name, state_name - Detailed Financial Reports, Location

Farmers Bank in Ault, Colorado (CO)
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Farmers Bank routing number info

Farmers Bank - Overview

General
FDIC Certificate #: 57335
Status: Active
Federal Reserve ID: 3020447
Bank Holding Company (Regulatory Top Holder): Farmers Bank Holding Company (RSSDID: 3020438, Location: Ault, CO)
Date Established: December 28, 2001
WWW: http://www.farmersbank-weld.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 362098
Numeric code: 13
Regulator: FED
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: December 28, 2001
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: 119 First Street, Ault, CO 80610
County: Weld
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
Metropolitan Statistical Area (MSA): Greeley, CO (#3060)
Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
Core Based Statistical Area (CBSA): Greeley, CO (#24540)
CBSA Metro Statistical Area: Greeley, CO (#24540)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $233.5 mil
Equity capital: $24.5 mil
Deposits held in domestic offices: $203.7 mil
Return on assets (ROA): 0.93% ($2.2 mil)
Quarterly return on assets: 1.33% ($3.1 mil)
Return on Equity (ROE): 9.95% ($2.4 mil)
Quarterly return on equity: 13.10% ($3.1 mil)
Net income: $2.3 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 0.93% ($2,171.8 mil)
Quarterly Pretax return on assets: 1.33% ($3,106.0 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
30Total employees (full-time equivalent)
$233,531Total assets
$16,646Cash and due from depository institutions
$13,394Interest-bearing balances
$12,752Securities
$3,845Federal funds sold & reverse repurchase agreements
$175,372Net loans & leases
$4,352Loan loss allowance
$0Trading account assets
$1,205Bank premises and fixed assets
$18,944Other real estate owned
$0Goodwill and other intangibles
$233,531Life insurance assets
$4,767All other assets
$209,048Total liabilities and capital
$203,715Total liabilities
$183,550Total deposits
$203,715Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$333Subordinated debt
$24,483All other liabilities
$24,483Total equity capital
$24,483Total bank equity capital
$0Perpetual preferred stock
$1,949Common stock
$16,250Surplus
$6,284Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$10,407Income earned, not collected on loans
$0Earning assets
$1,384Long-term assets (5+ years)
$205,363Average Assets, year-to-date
$5,392Average Assets, quarterly
$244,524Volatile liabilities
$237,193Insider loans
$196,433FHLB advances
$239,763Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$24,379Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$29,420Restructured Loans and leases
$5,299Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,527Total interest income
$2,576Total interest expense
$8,951Net interest income
$1,385Provision for loan and lease losses
$317Total noninterest income
$0Fiduciary activities
$225Service charges on deposit accounts
$0Trading account gains & fees
$92Additional noninterest income
$5,599Total noninterest expense
$2,494Salaries and employee benefits
$369Premises and equipment expense
$2,736Additional noninterest expense
$2,284Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$2,284Income before extraordinary items
$0Extraordinary gains - net
$2,284Net income attributable to bank
$0Net charge-offs
$2,284Cash dividends
$1,606Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.29%Yield on earning assets
1.18%Cost of funding earning assets
4.11%Net interest margin
0.15%Noninterest income to earning assets
2.57%Noninterest expense to earning assets
0.93%Net operating income to assets
0.93%Return on assets (ROA)
0.93%Pretax return on assets
9.95%Return on equity (ROE)
9.95%Retained earnings to average equity (YTD only)
0.86%Net charge-offs to loans
86.24%Credit loss provision to net charge-offs
2.28%Efficiency ratio
59,549Assets per employee
7.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.42%Loss allowance to noncurrent loans
41.82%Noncurrent assets plus other real estate owned to assets
12.57%Noncurrent loans to loans
5.79%Net loans and leases to deposits
86.09%Net loans and leases to core deposits
139.50%Equity capital to assets
10.48%Core capital (leverage) ratio
10.17%Tier 1 risk-based capital ratio
12.41%Total risk-based capital ratio
Memoranda
$14Average assets
$244,524Average earning assets
$22,959Average equity
$217,837Average loans

List of branches

2 Colorado Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	362098	Farmers Bank	119 First Street, Ault, CO 80610	December 28, 2001	Full Service Brick and Mortar
2	463125	713 South Lemay Branch	713 South Lemay, Fort Collins, CO 80524	May 01, 2007	Full Service Brick and Mortar

Farmers Bank in Ault, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Farmers Bank in Ault, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Farmers Bank in Ault, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches