Farmers State Bank in Bangor, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2005

Farmers State Bank in Bangor, Wisconsin (WI)
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Farmers State Bank - Overview

General
FDIC Certificate #: 13861
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: River Bank (#14995)
Federal Reserve ID: 382751
Date Established: July 05, 1910
WWW: http://www.fsbbangor.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Interstate: No)
FDIC's unique #: 8666
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 09, 1934
Last Structure Change Effective Date: October 01, 2005
Last Structure Change Process Date: October 27, 2005
Last Data Update: October 27, 2005
Data Source Date: April 05, 2012
Location
Address: 1606 Commercial, Bangor, WI 54614
County: La Crosse
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Madison
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): La Crosse, WI-MN (#3870)
Core Based Statistical Area (CBSA): La Crosse, WI-MN (#29100)
CBSA Metro Statistical Area: La Crosse, WI-MN (#29100)
Financial Summary
Total assets: $77.1 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, 2004)

Dollar figures in thousands
23Total employees (full-time equivalent)
$74,749Total assets
$2,234Cash and due from depository institutions
$357Interest-bearing balances
$20,059Securities
$0Federal funds sold & reverse repurchase agreements
$50,144Net loans & leases
$501Loan loss allowance
$0Trading account assets
$1,159Bank premises and fixed assets
$33Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,120All other assets
$74,749Total liabilities and capital
$65,648Total liabilities
$65,211Total deposits
$58,289Interest-bearing deposits
$65,211Deposits held in domestic offices
0.00%% insured (estimated)
$174Federal funds purchased & repurchase agreements
$0Trading liabilities
$32Other borrowed funds
$0Subordinated debt
$231All other liabilities
$9,101Total equity capital
$9,101Total bank equity capital
$9,101Perpetual preferred stock
$0Common stock
$225Surplus
$2,725Undivided profits
Memoranda
$6,151Noncurrent loans and leases
$3,782Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,773Earning assets
$199Long-term assets (5+ years)
$462Average Assets, year-to-date
$70,560Average Assets, quarterly
$9,230Volatile liabilities
$74,183Insider loans
$74,512FHLB advances
$9,211Loans and leases held for sale
$1,946Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,782Total unused commitments
$0Restructured Loans and leases
$501Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$4,205Total interest income
$1,265Total interest expense
$2,940Net interest income
$218Provision for loan and lease losses
$184Total noninterest income
$0Fiduciary activities
$111Service charges on deposit accounts
$0Trading account gains & fees
$73Additional noninterest income
$1,875Total noninterest expense
$1,041Salaries and employee benefits
$299Premises and equipment expense
$535Additional noninterest expense
$1,031Pre-tax net operating income
$0Securities gains (losses)
$271Applicable income taxes
$760Income before extraordinary items
$0Extraordinary gains - net
$760Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$280Sale, conversion, retirement of capital stock, net
$585Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.97%Yield on earning assets
1.80%Cost of funding earning assets
4.18%Net interest margin
0.26%Noninterest income to earning assets
2.66%Noninterest expense to earning assets
1.02%Net operating income to assets
1.02%Return on assets (ROA)
1.39%Pretax return on assets
8.27%Return on equity (ROE)
1.90%Retained earnings to average equity (YTD only)
0.59%Net charge-offs to loans
77.86%Credit loss provision to net charge-offs
4.46%Efficiency ratio
60,019Assets per employee
3.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.97%Loss allowance to loans
0.99%Loss allowance to noncurrent loans
28.26%Noncurrent assets plus other real estate owned to assets
2.42%Noncurrent loans to loans
3.50%Net loans and leases to deposits
76.90%Net loans and leases to core deposits
89.21%Equity capital to assets
12.18%Core capital (leverage) ratio
11.95%Tier 1 risk-based capital ratio
17.59%Total risk-based capital ratio
Memoranda
$19Average assets
$74,183Average earning assets
$9,192Average equity
$70,403Average loans

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