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

This bank is inactive as of January 01, 1995

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

Farmers Savings Bank - Overview

  • General
  • FDIC Certificate #: 5794
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Valley Bank & Trust (#251)
    Federal Reserve ID: 808747
    Date Established: July 06, 1931
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 3955
    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: January 01, 1995
    Last Structure Change Process Date: January 10, 1995
    Last Data Update: Febuary 02, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 123 Main Street, Danbury, IA 51019
    County: Woodbury
    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
    Metropolitan Statistical Area (MSA): Sioux City, IA-NE (#7720)
    Combined Statistical Area (CSA): Sioux City-Vermillion, IA-NE-SD (#512)
    Core Based Statistical Area (CBSA): Sioux City, IA-NE-SD (#43580)
    CBSA Metro Statistical Area: Sioux City, IA-NE-SD (#43580)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $12.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $7Total assets
  • $12,272Cash and due from depository institutions
  • $385Interest-bearing balances
  • $0Securities
  • $1,735Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $9,703Loan loss allowance
  • $126Trading account assets
  • $0Bank premises and fixed assets
  • $116Other real estate owned
  • $0Goodwill and other intangibles
  • $327Life insurance assets
  • $6All other assets
  • $0Total liabilities and capital
  • $12,272Total liabilities
  • $10,881Total deposits
  • $10,350Interest-bearing deposits
  • $9,379Deposits held in domestic offices
  • 10350.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $450Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $81Total equity capital
  • $81Total bank equity capital
  • $1,391Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $600Undivided profits
  • Memoranda
  • $641Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $63Income earned, not collected on loans
  • $273Earning assets
  • $11,438Long-term assets (5+ years)
  • $328Average Assets, year-to-date
  • $11,504Average Assets, quarterly
  • $11,768Volatile liabilities
  • $2,094Insider loans
  • $117FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $397Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,385Total risk weighted assets
  • $10,709Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $877Total interest expense
  • $332Net interest income
  • $545Provision for loan and lease losses
  • $42Total noninterest income
  • $90Fiduciary activities
  • $0Service charges on deposit accounts
  • $65Trading account gains & fees
  • $0Additional noninterest income
  • $25Total noninterest expense
  • $404Salaries and employee benefits
  • $229Premises and equipment expense
  • $44Additional noninterest expense
  • $131Pre-tax net operating income
  • $189Securities gains (losses)
  • $0Applicable income taxes
  • $69Income before extraordinary items
  • $120Extraordinary gains - net
  • $0Net income attributable to bank
  • $120Net charge-offs
  • $6Cash dividends
  • $54Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.13%Cost of funding earning assets
  • 3.08%Net interest margin
  • 5.05%Noninterest income to earning assets
  • 0.83%Noninterest expense to earning assets
  • 3.74%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 1.64%Return on equity (ROE)
  • 8.93%Retained earnings to average equity (YTD only)
  • 4.91%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 700.00%Efficiency ratio
  • 62,992Assets per employee
  • 1.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.00%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 200.00%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 93.75%Net loans and leases to core deposits
  • 111.45%Equity capital to assets
  • 11.33%Core capital (leverage) ratio
  • 11.81%Tier 1 risk-based capital ratio
  • 12.93%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $11,504Average earning assets
  • $1,344Average equity
  • $10,792Average loans

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