Farmers State Bank in Elmwood, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank - Overview

  • General
  • FDIC Certificate #: 12107
    Status: Active
    Federal Reserve ID: 921936
    Bank Holding Company (Regulatory Top Holder): Elmwood Bancshares, Inc. (RSSDID: 1209819, Location: Elmwood, IL)
    Date Established: December 06, 1864
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 7691
    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: 104 East Main Street, Elmwood, IL 61529
    County: Peoria
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Peoria-Pekin, IL (#6120)
    Combined Statistical Area (CSA): Peoria-Canton, IL (#426)
    Core Based Statistical Area (CBSA): Peoria, IL (#37900)
    CBSA Metro Statistical Area: Peoria, IL (#37900)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $49.7 mil
    Equity capital: $5.3 mil
    Deposits held in domestic offices: $43.6 mil
    Return on assets (ROA): 0.60% ($0.3 mil)
    Quarterly return on assets: 0.36% ($0.2 mil)
    Return on Equity (ROE): 6.01% ($0.3 mil)
    Quarterly return on equity: 3.45% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.60% ($298.2 mil)
    Quarterly Pretax return on assets: 0.36% ($178.9 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
  • 11Total employees (full-time equivalent)
  • $49,704Total assets
  • $2,065Cash and due from depository institutions
  • $250Interest-bearing balances
  • $20,117Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $25,649Net loans & leases
  • $479Loan loss allowance
  • $0Trading account assets
  • $880Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $49,704Life insurance assets
  • $993All other assets
  • $44,427Total liabilities and capital
  • $43,584Total liabilities
  • $41,591Total deposits
  • $43,584Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 787.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $56Subordinated debt
  • $5,277All other liabilities
  • $5,277Total equity capital
  • $5,277Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $1,200Surplus
  • $3,927Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $198Income earned, not collected on loans
  • $0Earning assets
  • $441Long-term assets (5+ years)
  • $46,016Average Assets, year-to-date
  • $14,812Average Assets, quarterly
  • $51,477Volatile liabilities
  • $51,155Insider loans
  • $26,924FHLB advances
  • $52,397Loans and leases held for sale
  • $156Unused loan commitments
  • $156Tier 1 (core) risk-based capital
  • $4,656Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,396Restructured Loans and leases
  • $1,121Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,287Total interest income
  • $460Total interest expense
  • $1,827Net interest income
  • $65Provision for loan and lease losses
  • $175Total noninterest income
  • $0Fiduciary activities
  • $75Service charges on deposit accounts
  • $0Trading account gains & fees
  • $100Additional noninterest income
  • $1,652Total noninterest expense
  • $785Salaries and employee benefits
  • $240Premises and equipment expense
  • $627Additional noninterest expense
  • $285Pre-tax net operating income
  • $23Securities gains (losses)
  • $0Applicable income taxes
  • $308Income before extraordinary items
  • $0Extraordinary gains - net
  • $308Net income attributable to bank
  • $0Net charge-offs
  • $308Cash dividends
  • $179Sale, conversion, retirement of capital stock, net
  • $148Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.85%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 3.88%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 3.50%Noninterest expense to earning assets
  • 0.55%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.60%Pretax return on assets
  • 6.01%Return on equity (ROE)
  • 3.12%Retained earnings to average equity (YTD only)
  • 0.69%Net charge-offs to loans
  • 36.31%Credit loss provision to net charge-offs
  • 1.96%Efficiency ratio
  • 82,517Assets per employee
  • 4.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.05%Loss allowance to loans
  • 1.83%Loss allowance to noncurrent loans
  • 241.92%Noncurrent assets plus other real estate owned to assets
  • 0.40%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 58.85%Net loans and leases to core deposits
  • 66.00%Equity capital to assets
  • 10.62%Core capital (leverage) ratio
  • 8.89%Tier 1 risk-based capital ratio
  • 17.29%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $51,477Average earning assets
  • $5,122Average equity
  • $47,134Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07691Farmers State Bank104 East Main Street, Elmwood, IL 61529December 06, 1864Full Service Brick and Mortar

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