Farmers State Bank, Allen, Oklahoma in Allen, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank, Allen, Oklahoma - Overview

  • General
  • FDIC Certificate #: 12758
    Status: Active
    Federal Reserve ID: 37659
    Date Established: September 08, 1922
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 8083
    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: 101 East Broadway, Allen, OK 74825
    County: Pontotoc
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Tulsa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Ada, OK (#10220)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $40.8 mil
    Equity capital: $4.3 mil
    Deposits held in domestic offices: $36.1 mil
    Return on assets (ROA): 1.55% ($0.6 mil)
    Quarterly return on assets: 1.47% ($0.6 mil)
    Return on Equity (ROE): 14.86% ($0.6 mil)
    Quarterly return on equity: 14.02% ($0.6 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.55% ($632.9 mil)
    Quarterly Pretax return on assets: 1.47% ($600.3 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
  • 12Total employees (full-time equivalent)
  • $40,834Total assets
  • $1,990Cash and due from depository institutions
  • $250Interest-bearing balances
  • $4,898Securities
  • $3,000Federal funds sold & reverse repurchase agreements
  • $28,605Net loans & leases
  • $404Loan loss allowance
  • $0Trading account assets
  • $1,093Bank premises and fixed assets
  • $26Other real estate owned
  • $0Goodwill and other intangibles
  • $40,834Life insurance assets
  • $1,222All other assets
  • $36,576Total liabilities and capital
  • $36,071Total liabilities
  • $27,361Total deposits
  • $36,071Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $505Subordinated debt
  • $4,258All other liabilities
  • $4,258Total equity capital
  • $4,258Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $600Surplus
  • $3,258Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,206Income earned, not collected on loans
  • $0Earning assets
  • $526Long-term assets (5+ years)
  • $36,753Average Assets, year-to-date
  • $12,656Average Assets, quarterly
  • $39,846Volatile liabilities
  • $40,418Insider loans
  • $31,538FHLB advances
  • $40,329Loans and leases held for sale
  • $520Unused loan commitments
  • $520Tier 1 (core) risk-based capital
  • $4,213Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $435Restructured Loans and leases
  • $1,170Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,146Total interest income
  • $269Total interest expense
  • $1,877Net interest income
  • $145Provision for loan and lease losses
  • $250Total noninterest income
  • $0Fiduciary activities
  • $223Service charges on deposit accounts
  • $0Trading account gains & fees
  • $27Additional noninterest income
  • $1,363Total noninterest expense
  • $761Salaries and employee benefits
  • $135Premises and equipment expense
  • $467Additional noninterest expense
  • $619Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $619Income before extraordinary items
  • $0Extraordinary gains - net
  • $619Net income attributable to bank
  • $0Net charge-offs
  • $619Cash dividends
  • $124Sale, conversion, retirement of capital stock, net
  • $445Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.92%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 5.18%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 3.76%Noninterest expense to earning assets
  • 1.55%Net operating income to assets
  • 1.55%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 14.86%Return on equity (ROE)
  • 4.18%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 116.94%Credit loss provision to net charge-offs
  • 6.16%Efficiency ratio
  • 64,081Assets per employee
  • 3.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 71.89%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 33.50%Noncurrent assets plus other real estate owned to assets
  • 3.02%Noncurrent loans to loans
  • 4.16%Net loans and leases to deposits
  • 79.30%Net loans and leases to core deposits
  • 83.44%Equity capital to assets
  • 10.43%Core capital (leverage) ratio
  • 10.45%Tier 1 risk-based capital ratio
  • 13.36%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $39,846Average earning assets
  • $4,166Average equity
  • $36,227Average loans

List of branches

  • 2 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08083Farmers State Bank, Allen, Oklahoma101 East Broadway, Allen, OK 74825September 08, 1922Full Service Brick and Mortar
    1227855East Broadway Branch209 East Broadway, Allen, OK 74825September 09, 1995Full Service Brick and Mortar

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