Farmers State Bank in city_name, state_name - Detailed Financial Reports, Location

Farmers State Bank in Lincolnton, Georgia (GA)
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Farmers State Bank routing number info

Farmers State Bank - Overview

General
FDIC Certificate #: 879
Status: Active
Federal Reserve ID: 773032
Bank Holding Company (Regulatory Top Holder): Lincoln Bancshares, Inc. (RSSDID: 2645937, Location: Lincolnton, GA)
Date Established: December 02, 1911
WWW: http://www.fsblccom
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 14287
FDIC's unique #: 561
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: August 12, 2011
Last Data Update: August 12, 2011
Data Source Date: April 05, 2012
Location
Address: U.S. Highway 378 And Ward Avenue, Lincolnton, GA 30817
County: Lincoln
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Atlanta
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $125.1 mil
Equity capital: $15.1 mil
Deposits held in domestic offices: $96.7 mil
Return on assets (ROA): 0.69% ($0.9 mil)
Quarterly return on assets: 0.78% ($1.0 mil)
Return on Equity (ROE): 5.80% ($0.9 mil)
Quarterly return on equity: 6.43% ($1.0 mil)
Net income: $0.8 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.69% ($863.0 mil)
Quarterly Pretax return on assets: 0.78% ($975.5 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
29Total employees (full-time equivalent)
$125,069Total assets
$18,178Cash and due from depository institutions
$15,833Interest-bearing balances
$43,042Securities
$0Federal funds sold & reverse repurchase agreements
$57,132Net loans & leases
$1,030Loan loss allowance
$0Trading account assets
$911Bank premises and fixed assets
$1,087Other real estate owned
$0Goodwill and other intangibles
$125,069Life insurance assets
$4,719All other assets
$109,940Total liabilities and capital
$96,659Total liabilities
$81,012Total deposits
$96,659Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$13,000Trading liabilities
$0Other borrowed funds
$281Subordinated debt
$15,129All other liabilities
$15,129Total equity capital
$15,129Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$7,000Surplus
$7,929Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,640Income earned, not collected on loans
$0Earning assets
$673Long-term assets (5+ years)
$116,007Average Assets, year-to-date
$47,993Average Assets, quarterly
$122,539Volatile liabilities
$125,853Insider loans
$67,730FHLB advances
$124,212Loans and leases held for sale
$2,227Unused loan commitments
$2,227Tier 1 (core) risk-based capital
$13,881Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,174Restructured Loans and leases
$979Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,761Total interest income
$1,720Total interest expense
$4,041Net interest income
$450Provision for loan and lease losses
$441Total noninterest income
$0Fiduciary activities
$617Service charges on deposit accounts
$0Trading account gains & fees
-$176Additional noninterest income
$3,253Total noninterest expense
$1,786Salaries and employee benefits
$269Premises and equipment expense
$1,198Additional noninterest expense
$779Pre-tax net operating income
$61Securities gains (losses)
$0Applicable income taxes
$840Income before extraordinary items
$0Extraordinary gains - net
$840Net income attributable to bank
$0Net charge-offs
$840Cash dividends
$405Sale, conversion, retirement of capital stock, net
$613Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.67%Yield on earning assets
1.69%Cost of funding earning assets
3.98%Net interest margin
0.43%Noninterest income to earning assets
3.20%Noninterest expense to earning assets
0.64%Net operating income to assets
0.69%Return on assets (ROA)
0.69%Pretax return on assets
5.80%Return on equity (ROE)
1.57%Retained earnings to average equity (YTD only)
0.68%Net charge-offs to loans
111.11%Credit loss provision to net charge-offs
3.03%Efficiency ratio
72,579Assets per employee
4.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
72.98%Loss allowance to loans
1.77%Loss allowance to noncurrent loans
28.30%Noncurrent assets plus other real estate owned to assets
3.78%Noncurrent loans to loans
6.26%Net loans and leases to deposits
59.11%Net loans and leases to core deposits
71.34%Equity capital to assets
12.10%Core capital (leverage) ratio
11.18%Tier 1 risk-based capital ratio
20.49%Total risk-based capital ratio
Memoranda
$22Average assets
$122,539Average earning assets
$14,476Average equity
$101,650Average loans

List of branches

2 Georgia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	561	Farmers State Bank	U.S. Highway 378 And Ward Avenue, Lincolnton, GA 30817	December 02, 1911	Full Service Brick and Mortar
1	186492	Washington Branch	209 East Court Street, Washington, GA 30673	June 23, 1997	Full Service Brick and Mortar

Farmers State Bank in Lincolnton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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Farmers State Bank in Lincolnton, Georgia (GA)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Farmers State Bank in Lincolnton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches