Farmers State Bank in Hosmer, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Farmers State Bank in Hosmer, South Dakota (SD)
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Farmers State Bank - Overview

  • General
  • FDIC Certificate #: 12293
    Status: Active
    Federal Reserve ID: 407850
    Bank Holding Company (Regulatory Top Holder): H2h Bancshares, Inc. (RSSDID: 3068636, Location: Hosmer, SD)
    Date Established: October 18, 1919
    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 #: 7814
    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: 102 W Main St, Hosmer, SD 57448
    County: Edmunds
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux Falls
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Aberdeen, SD (#10100)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $17.9 mil
    Equity capital: $2.6 mil
    Deposits held in domestic offices: $12.9 mil
    Return on assets (ROA): 2.34% ($0.4 mil)
    Quarterly return on assets: 2.48% ($0.4 mil)
    Return on Equity (ROE): 15.78% ($0.5 mil)
    Quarterly return on equity: 16.57% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 2.43% ($436.0 mil)
    Quarterly Pretax return on assets: 2.60% ($466.5 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)
  • $17,941Total assets
  • $1,262Cash and due from depository institutions
  • $0Interest-bearing balances
  • $1,122Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $14,930Net loans & leases
  • $367Loan loss allowance
  • $0Trading account assets
  • $106Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $17,941Life insurance assets
  • $521All other assets
  • $15,364Total liabilities and capital
  • $12,943Total liabilities
  • $10,506Total deposits
  • $12,943Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 400.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $21Subordinated debt
  • $2,577All other liabilities
  • $2,577Total equity capital
  • $2,577Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $2,250Surplus
  • $277Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $91Income earned, not collected on loans
  • $0Earning assets
  • $269Long-term assets (5+ years)
  • $16,052Average Assets, year-to-date
  • $1,722Average Assets, quarterly
  • $17,326Volatile liabilities
  • $17,416Insider loans
  • $16,810FHLB advances
  • $17,512Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,577Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $867Restructured Loans and leases
  • $999Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,024Total interest income
  • $136Total interest expense
  • $888Net interest income
  • $1Provision for loan and lease losses
  • $107Total noninterest income
  • $0Fiduciary activities
  • $102Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5Additional noninterest income
  • $573Total noninterest expense
  • $378Salaries and employee benefits
  • $38Premises and equipment expense
  • $157Additional noninterest expense
  • $421Pre-tax net operating income
  • $0Securities gains (losses)
  • $16Applicable income taxes
  • $405Income before extraordinary items
  • $0Extraordinary gains - net
  • $405Net income attributable to bank
  • $0Net charge-offs
  • $405Cash dividends
  • -$15Sale, conversion, retirement of capital stock, net
  • $380Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.75%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 5.85%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 3.77%Noninterest expense to earning assets
  • 2.34%Net operating income to assets
  • 2.34%Return on assets (ROA)
  • 2.43%Pretax return on assets
  • 15.78%Return on equity (ROE)
  • 0.97%Retained earnings to average equity (YTD only)
  • -0.10%Net charge-offs to loans
  • -6.67%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 57,588Assets per employee
  • 2.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 93.83%Loss allowance to loans
  • 2.40%Loss allowance to noncurrent loans
  • 403.30%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.59%Net loans and leases to deposits
  • 115.35%Net loans and leases to core deposits
  • 122.28%Equity capital to assets
  • 14.36%Core capital (leverage) ratio
  • 14.72%Tier 1 risk-based capital ratio
  • 15.33%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $17,326Average earning assets
  • $2,566Average equity
  • $15,181Average loans

List of branches

  • 1 South Dakota Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07814Farmers State Bank102 W Main St, Hosmer, SD 57448October 18, 1919Full Service Brick and Mortar

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