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

This bank is inactive as of November 15, 1997

Farmers State Bank in Losantville, Indiana (IN)
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Farmers State Bank - Overview

General
FDIC Certificate #: 199
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Farmers State Bank of Union City (#10661)
Federal Reserve ID: 346641
Date Established: July 21, 1902
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 159
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: January 01, 1934
Last Structure Change Effective Date: November 15, 1997
Last Structure Change Process Date: December 31, 1997
Last Data Update: December 31, 1997
Data Source Date: April 05, 2012
Location
Address: U.S. Highway 35 And 36, Losantville, IN 47354
County: Randolph
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: $20.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$8Total assets
$20,690Cash and due from depository institutions
$956Interest-bearing balances
$0Securities
$3,547Federal funds sold & reverse repurchase agreements
$800Net loans & leases
$14,789Loan loss allowance
$343Trading account assets
$0Bank premises and fixed assets
$402Other real estate owned
$0Goodwill and other intangibles
$196Life insurance assets
$0All other assets
$0Total liabilities and capital
$20,690Total liabilities
$18,799Total deposits
$18,715Interest-bearing deposits
$17,070Deposits held in domestic offices
18715.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$84Total equity capital
$84Total bank equity capital
$1,891Perpetual preferred stock
$0Common stock
$150Surplus
$550Undivided profits
Memoranda
$1,191Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$72Income earned, not collected on loans
$116Earning assets
$19,136Long-term assets (5+ years)
$355Average Assets, year-to-date
$19,362Average Assets, quarterly
$20,207Volatile liabilities
$1,338Insider loans
$293FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,115Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,887Total risk weighted assets
$12,859Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$1,543Total interest expense
$701Net interest income
$842Provision for loan and lease losses
$35Total noninterest income
$125Fiduciary activities
$0Service charges on deposit accounts
$81Trading account gains & fees
$0Additional noninterest income
$44Total noninterest expense
$513Salaries and employee benefits
$196Premises and equipment expense
$70Additional noninterest expense
$247Pre-tax net operating income
$419Securities gains (losses)
$0Applicable income taxes
$169Income before extraordinary items
$250Extraordinary gains - net
$0Net income attributable to bank
$250Net charge-offs
$5Cash dividends
$60Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.65%Cost of funding earning assets
3.93%Net interest margin
4.72%Noninterest income to earning assets
0.70%Noninterest expense to earning assets
2.88%Net operating income to assets
1.29%Return on assets (ROA)
1.29%Pretax return on assets
2.16%Return on equity (ROE)
13.92%Retained earnings to average equity (YTD only)
10.58%Net charge-offs to loans
0.04%Credit loss provision to net charge-offs
700.00%Efficiency ratio
53,051Assets per employee
2.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.00%Loss allowance to loans
2.27%Loss allowance to noncurrent loans
476.39%Noncurrent assets plus other real estate owned to assets
0.35%Noncurrent loans to loans
0.48%Net loans and leases to deposits
79.02%Net loans and leases to core deposits
85.11%Equity capital to assets
9.14%Core capital (leverage) ratio
9.54%Tier 1 risk-based capital ratio
14.67%Total risk-based capital ratio
Memoranda
$16Average assets
$19,362Average earning assets
$1,797Average equity
$17,836Average loans

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