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

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

CAPTCHA

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