Farmers Savings Bank in Boyden, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 06, 2001

  • Farmers Savings Bank in Boyden, Iowa (IA)
  • Show street view No street view available for this location

Farmers Savings Bank - Overview

  • General
  • FDIC Certificate #: 13885
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens State Bank (#18356)
    Federal Reserve ID: 794747
    Date Established: April 16, 1903
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 8681
    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: Febuary 12, 1934
    Last Structure Change Effective Date: September 06, 2001
    Last Structure Change Process Date: September 25, 2001
    Last Data Update: September 25, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Boyden, IA 51234
    County: Sioux
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $17.0 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 11Total employees (full-time equivalent)
  • $18,060Total assets
  • $562Cash and due from depository institutions
  • $0Interest-bearing balances
  • $5,339Securities
  • $1,375Federal funds sold & reverse repurchase agreements
  • $10,171Net loans & leases
  • $270Loan loss allowance
  • $0Trading account assets
  • $254Bank premises and fixed assets
  • $30Other real estate owned
  • $5Goodwill and other intangibles
  • $0Life insurance assets
  • $324All other assets
  • $18,060Total liabilities and capital
  • $16,005Total liabilities
  • $15,807Total deposits
  • $13,764Interest-bearing deposits
  • $15,807Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $198All other liabilities
  • $2,055Total equity capital
  • $2,055Total bank equity capital
  • $2,055Perpetual preferred stock
  • $0Common stock
  • $400Surplus
  • $800Undivided profits
  • Memoranda
  • $855Noncurrent loans and leases
  • $3,140Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $87Earning assets
  • $0Long-term assets (5+ years)
  • $217Average Assets, year-to-date
  • $16,885Average Assets, quarterly
  • $1,065Volatile liabilities
  • $17,360Insider loans
  • $17,425FHLB advances
  • $1,246Loans and leases held for sale
  • $168Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,140Total unused commitments
  • $88Restructured Loans and leases
  • $153Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $1,282Total interest income
  • $633Total interest expense
  • $649Net interest income
  • $16Provision for loan and lease losses
  • $104Total noninterest income
  • $0Fiduciary activities
  • $33Service charges on deposit accounts
  • $0Trading account gains & fees
  • $71Additional noninterest income
  • $575Total noninterest expense
  • $345Salaries and employee benefits
  • $77Premises and equipment expense
  • $153Additional noninterest expense
  • $162Pre-tax net operating income
  • -$4Securities gains (losses)
  • $45Applicable income taxes
  • $113Income before extraordinary items
  • $0Extraordinary gains - net
  • $113Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $34Sale, conversion, retirement of capital stock, net
  • $63Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.98%Yield on earning assets
  • 3.94%Cost of funding earning assets
  • 4.04%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.58%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.65%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 5.59%Return on equity (ROE)
  • 2.47%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 47.06%Credit loss provision to net charge-offs
  • 5.24%Efficiency ratio
  • 76,361Assets per employee
  • 1.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 55.75%Loss allowance to loans
  • 2.59%Loss allowance to noncurrent loans
  • 310.34%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.83%Net loans and leases to deposits
  • 64.34%Net loans and leases to core deposits
  • 69.85%Equity capital to assets
  • 11.38%Core capital (leverage) ratio
  • 11.77%Tier 1 risk-based capital ratio
  • 17.10%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $17,360Average earning assets
  • $2,021Average equity
  • $16,070Average loans

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