Farmers Exchange Bank in Neshkoro, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmers Exchange Bank - Overview

  • General
  • FDIC Certificate #: 15189
    Status: Active
    Federal Reserve ID: 229940
    Bank Holding Company (Regulatory Top Holder): Feb Bancshares, Inc. (RSSDID: 3153215, Location: Neshkoro, WI)
    Date Established: May 04, 1908
    WWW: http://www.febanker.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 11986
    FDIC's unique #: 9553
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    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: 846 North Main Street, Neshkoro, WI 54960
    County: Marquette
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Madison
    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: $54.3 mil
    Equity capital: $6.8 mil
    Deposits held in domestic offices: $47.1 mil
    Return on assets (ROA): 1.21% ($0.7 mil)
    Quarterly return on assets: 1.06% ($0.6 mil)
    Return on Equity (ROE): 9.46% ($0.7 mil)
    Quarterly return on equity: 8.38% ($0.6 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.79% ($972.6 mil)
    Quarterly Pretax return on assets: 1.53% ($831.3 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
  • 21Total employees (full-time equivalent)
  • $54,335Total assets
  • $8,495Cash and due from depository institutions
  • $6,141Interest-bearing balances
  • $11,672Securities
  • $84Federal funds sold & reverse repurchase agreements
  • $29,732Net loans & leases
  • $512Loan loss allowance
  • $0Trading account assets
  • $980Bank premises and fixed assets
  • $313Other real estate owned
  • $1,447Goodwill and other intangibles
  • $54,335Life insurance assets
  • $1,612All other assets
  • $47,503Total liabilities and capital
  • $47,108Total liabilities
  • $38,197Total deposits
  • $47,108Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $395Subordinated debt
  • $6,832All other liabilities
  • $6,832Total equity capital
  • $6,832Total bank equity capital
  • $0Perpetual preferred stock
  • $160Common stock
  • $3,368Surplus
  • $3,304Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $203Income earned, not collected on loans
  • $0Earning assets
  • $204Long-term assets (5+ years)
  • $47,629Average Assets, year-to-date
  • $6,095Average Assets, quarterly
  • $53,167Volatile liabilities
  • $54,227Insider loans
  • $41,347FHLB advances
  • $51,602Loans and leases held for sale
  • $1,055Unused loan commitments
  • $1,055Tier 1 (core) risk-based capital
  • $5,254Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,664Restructured Loans and leases
  • $1,297Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,498Total interest income
  • $294Total interest expense
  • $2,204Net interest income
  • $72Provision for loan and lease losses
  • $396Total noninterest income
  • $0Fiduciary activities
  • $152Service charges on deposit accounts
  • $0Trading account gains & fees
  • $244Additional noninterest income
  • $1,574Total noninterest expense
  • $963Salaries and employee benefits
  • $240Premises and equipment expense
  • $371Additional noninterest expense
  • $954Pre-tax net operating income
  • $0Securities gains (losses)
  • $312Applicable income taxes
  • $642Income before extraordinary items
  • $0Extraordinary gains - net
  • $642Net income attributable to bank
  • $0Net charge-offs
  • $642Cash dividends
  • $5Sale, conversion, retirement of capital stock, net
  • $560Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.30%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 4.68%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 3.34%Noninterest expense to earning assets
  • 1.21%Net operating income to assets
  • 1.21%Return on assets (ROA)
  • 1.79%Pretax return on assets
  • 9.46%Return on equity (ROE)
  • 1.21%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 1440.00%Credit loss provision to net charge-offs
  • 205.20%Efficiency ratio
  • 60,154Assets per employee
  • 2.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.23%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 252.22%Noncurrent assets plus other real estate owned to assets
  • 0.95%Noncurrent loans to loans
  • 0.67%Net loans and leases to deposits
  • 63.11%Net loans and leases to core deposits
  • 63.61%Equity capital to assets
  • 12.57%Core capital (leverage) ratio
  • 10.18%Tier 1 risk-based capital ratio
  • 12.71%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $53,167Average earning assets
  • $6,790Average equity
  • $47,115Average loans

List of branches

  • 3 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09553Farmers Exchange Bank846 North Main Street, Neshkoro, WI 54960May 04, 1908Full Service Brick and Mortar
    1340730Redgranite Branch300 East Bannerman Avenue, Redgranite, WI 54970April 03, 2000Full Service Brick and Mortar
    2419157Wautoma BranchW742 State Road 21 & 73, Wautoma, WI 54982May 27, 2003Full Service Brick and Mortar

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