Farmers State Bank in Yale, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmers State Bank - Overview

  • General
  • FDIC Certificate #: 9106
    Status: Active
    Federal Reserve ID: 507349
    Bank Holding Company (Regulatory Top Holder): Yale Bancorporation (RSSDID: 1491810, Location: Yale, IA)
    Date Established: March 21, 1921
    WWW: http://www.yalebankiowa.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 5832
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 Main Street, Yale, IA 50277
    County: Guthrie
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Des Moines
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
    Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
    CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $44.5 mil
    Equity capital: $4.0 mil
    Deposits held in domestic offices: $40.0 mil
    Return on assets (ROA): 1.03% ($0.5 mil)
    Quarterly return on assets: 1.35% ($0.6 mil)
    Return on Equity (ROE): 11.47% ($0.5 mil)
    Quarterly return on equity: 14.60% ($0.6 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.07% ($475.7 mil)
    Quarterly Pretax return on assets: 1.40% ($622.5 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
  • 8Total employees (full-time equivalent)
  • $44,462Total assets
  • $3,062Cash and due from depository institutions
  • $1,418Interest-bearing balances
  • $15,697Securities
  • $684Federal funds sold & reverse repurchase agreements
  • $23,076Net loans & leases
  • $251Loan loss allowance
  • $0Trading account assets
  • $354Bank premises and fixed assets
  • $347Other real estate owned
  • $0Goodwill and other intangibles
  • $44,462Life insurance assets
  • $1,242All other assets
  • $40,472Total liabilities and capital
  • $40,000Total liabilities
  • $32,596Total deposits
  • $40,000Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $472Subordinated debt
  • $3,990All other liabilities
  • $3,990Total equity capital
  • $3,990Total bank equity capital
  • $0Perpetual preferred stock
  • $240Common stock
  • $380Surplus
  • $3,370Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $42Income earned, not collected on loans
  • $0Earning assets
  • $429Long-term assets (5+ years)
  • $40,875Average Assets, year-to-date
  • $10,655Average Assets, quarterly
  • $42,568Volatile liabilities
  • $42,829Insider loans
  • $27,388FHLB advances
  • $43,233Loans and leases held for sale
  • $207Unused loan commitments
  • $207Tier 1 (core) risk-based capital
  • $3,545Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,138Restructured Loans and leases
  • $60Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,829Total interest income
  • $387Total interest expense
  • $1,442Net interest income
  • $10Provision for loan and lease losses
  • $63Total noninterest income
  • $0Fiduciary activities
  • $49Service charges on deposit accounts
  • $0Trading account gains & fees
  • $14Additional noninterest income
  • $1,055Total noninterest expense
  • $564Salaries and employee benefits
  • $69Premises and equipment expense
  • $422Additional noninterest expense
  • $440Pre-tax net operating income
  • $16Securities gains (losses)
  • $18Applicable income taxes
  • $438Income before extraordinary items
  • $0Extraordinary gains - net
  • $438Net income attributable to bank
  • $0Net charge-offs
  • $438Cash dividends
  • -$4Sale, conversion, retirement of capital stock, net
  • $200Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.64%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 3.66%Net interest margin
  • 0.16%Noninterest income to earning assets
  • 2.68%Noninterest expense to earning assets
  • 0.99%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.07%Pretax return on assets
  • 11.47%Return on equity (ROE)
  • 6.23%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • -250.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 70,100Assets per employee
  • 5.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.66%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 597.62%Noncurrent assets plus other real estate owned to assets
  • 0.87%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 57.69%Net loans and leases to core deposits
  • 59.03%Equity capital to assets
  • 8.97%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 12.94%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $42,568Average earning assets
  • $3,819Average equity
  • $39,397Average loans

List of branches

  • 1 Iowa Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05832Farmers State Bank201 Main Street, Yale, IA 50277March 21, 1921Full Service Brick and Mortar

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