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

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

Farmers Savings Bank - Overview

  • General
  • FDIC Certificate #: 8097
    Status: Active
    Federal Reserve ID: 431846
    Bank Holding Company (Regulatory Top Holder): Fsb Of Victor, Inc. (RSSDID: 1404753, Location: Victor, IA)
    Date Established: January 29, 1891
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 5150
    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: 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: 606 Third Street, Victor, IA 52347
    County: Iowa
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $35.1 mil
    Equity capital: $5.9 mil
    Deposits held in domestic offices: $29.2 mil
    Return on assets (ROA): 1.51% ($0.5 mil)
    Quarterly return on assets: 1.33% ($0.5 mil)
    Return on Equity (ROE): 8.99% ($0.5 mil)
    Quarterly return on equity: 8.10% ($0.5 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.59% ($558.9 mil)
    Quarterly Pretax return on assets: 1.39% ($488.6 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
  • 7Total employees (full-time equivalent)
  • $35,148Total assets
  • $4,596Cash and due from depository institutions
  • $3,000Interest-bearing balances
  • $3,109Securities
  • $4,184Federal funds sold & reverse repurchase agreements
  • $23,014Net loans & leases
  • $124Loan loss allowance
  • $0Trading account assets
  • $8Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $35,148Life insurance assets
  • $237All other assets
  • $29,261Total liabilities and capital
  • $29,217Total liabilities
  • $24,718Total deposits
  • $29,217Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $44Subordinated debt
  • $5,887All other liabilities
  • $5,887Total equity capital
  • $5,887Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $1,000Surplus
  • $4,587Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $179Long-term assets (5+ years)
  • $33,307Average Assets, year-to-date
  • $3,640Average Assets, quarterly
  • $34,628Volatile liabilities
  • $35,732Insider loans
  • $28,486FHLB advances
  • $36,202Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,887Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,002Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,480Total interest income
  • $221Total interest expense
  • $1,259Net interest income
  • $0Provision for loan and lease losses
  • $18Total noninterest income
  • $0Fiduciary activities
  • $10Service charges on deposit accounts
  • $0Trading account gains & fees
  • $8Additional noninterest income
  • $726Total noninterest expense
  • $588Salaries and employee benefits
  • $41Premises and equipment expense
  • $97Additional noninterest expense
  • $551Pre-tax net operating income
  • $0Securities gains (losses)
  • $27Applicable income taxes
  • $524Income before extraordinary items
  • $0Extraordinary gains - net
  • $524Net income attributable to bank
  • $0Net charge-offs
  • $524Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.54%Yield on earning assets
  • 0.68%Cost of funding earning assets
  • 3.86%Net interest margin
  • 0.06%Noninterest income to earning assets
  • 2.23%Noninterest expense to earning assets
  • 1.51%Net operating income to assets
  • 1.51%Return on assets (ROA)
  • 1.59%Pretax return on assets
  • 8.99%Return on equity (ROE)
  • 2.13%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 56,852Assets per employee
  • 5.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 76.34%Loss allowance to loans
  • 0.54%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 78.77%Net loans and leases to core deposits
  • 82.67%Equity capital to assets
  • 16.75%Core capital (leverage) ratio
  • 16.26%Tier 1 risk-based capital ratio
  • 20.67%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $34,628Average earning assets
  • $5,828Average equity
  • $32,607Average loans

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05150Farmers Savings Bank606 Third Street, Victor, IA 52347January 29, 1891Full Service Brick and Mortar

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Farmers Savings Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents