Farmers State Bank in Liberty, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 09, 2001

  • Farmers State Bank in Liberty, Indiana (IN)
  • Show street view No street view available for this location

Farmers State Bank - Overview

  • General
  • FDIC Certificate #: 15548
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Heritage Community Bank (#9088)
    Federal Reserve ID: 723943
    Date Established: July 01, 1895
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 9842
    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: June 03, 1937
    Last Structure Change Effective Date: November 09, 2001
    Last Structure Change Process Date: December 12, 2001
    Last Data Update: December 12, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 310 North Main Street, Liberty, IN 47353
    County: Union
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • Financial Summary
  • Total assets: $57.9 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $63,601Total assets
  • $2,051Cash and due from depository institutions
  • $0Interest-bearing balances
  • $2,902Securities
  • $4,400Federal funds sold & reverse repurchase agreements
  • $49,156Net loans & leases
  • $852Loan loss allowance
  • $0Trading account assets
  • $711Bank premises and fixed assets
  • $0Other real estate owned
  • $2,795Goodwill and other intangibles
  • $0Life insurance assets
  • $1,586All other assets
  • $63,601Total liabilities and capital
  • $55,234Total liabilities
  • $54,214Total deposits
  • $47,633Interest-bearing deposits
  • $54,214Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,020All other liabilities
  • $8,367Total equity capital
  • $8,367Total bank equity capital
  • $8,367Perpetual preferred stock
  • $0Common stock
  • $225Surplus
  • $7,022Undivided profits
  • Memoranda
  • $1,120Noncurrent loans and leases
  • $3,690Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $196Earning assets
  • $0Long-term assets (5+ years)
  • $637Average Assets, year-to-date
  • $56,458Average Assets, quarterly
  • $13,580Volatile liabilities
  • $61,135Insider loans
  • $62,669FHLB advances
  • $5,524Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,690Total unused commitments
  • $0Restructured Loans and leases
  • $546Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $4,651Total interest income
  • $2,107Total interest expense
  • $2,544Net interest income
  • $0Provision for loan and lease losses
  • $240Total noninterest income
  • $0Fiduciary activities
  • $170Service charges on deposit accounts
  • $0Trading account gains & fees
  • $70Additional noninterest income
  • $1,714Total noninterest expense
  • $870Salaries and employee benefits
  • $162Premises and equipment expense
  • $682Additional noninterest expense
  • $1,070Pre-tax net operating income
  • $0Securities gains (losses)
  • $456Applicable income taxes
  • $614Income before extraordinary items
  • $0Extraordinary gains - net
  • $614Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$1Sale, conversion, retirement of capital stock, net
  • $387Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.65%Yield on earning assets
  • 3.92%Cost of funding earning assets
  • 4.73%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 3.19%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 1.75%Pretax return on assets
  • 7.46%Return on equity (ROE)
  • 2.76%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
  • 57,220Assets per employee
  • 2.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.03%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 434.69%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.39%Net loans and leases to deposits
  • 90.67%Net loans and leases to core deposits
  • 100.96%Equity capital to assets
  • 13.16%Core capital (leverage) ratio
  • 9.24%Tier 1 risk-based capital ratio
  • 12.83%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $61,135Average earning assets
  • $8,226Average equity
  • $53,799Average loans

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