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

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

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