Farmers State Bank & Trust Co. in Mount Sterling, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Farmers State Bank & Trust Co. in Mount Sterling, Illinois (IL)
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Farmers State Bank & Trust Co. - Overview

  • General
  • FDIC Certificate #: 10458
    Status: Active
    Federal Reserve ID: 510947
    Bank Holding Company (Regulatory Top Holder): Mount Sterling Bancorp, Inc (RSSDID: 2735931, Location: Mount Sterling, IL)
    Date Established: June 01, 1914
    WWW: http://www.fsb-tc.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 16152
    FDIC's unique #: 6688
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 02, 2010
    Last Structure Change Process Date: April 06, 2010
    Last Data Update: April 06, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 129 West Main, Mount Sterling, IL 62353
    County: Brown
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Springfield Il
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $78.3 mil
    Equity capital: $6.4 mil
    Deposits held in domestic offices: $70.5 mil
    Return on assets (ROA): 0.97% ($0.8 mil)
    Quarterly return on assets: 0.63% ($0.5 mil)
    Return on Equity (ROE): 11.86% ($0.7 mil)
    Quarterly return on equity: 7.50% ($0.5 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.44% ($1,127.2 mil)
    Quarterly Pretax return on assets: 0.90% ($704.5 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
  • 20Total employees (full-time equivalent)
  • $78,276Total assets
  • $2,921Cash and due from depository institutions
  • $1,262Interest-bearing balances
  • $10,779Securities
  • $5,678Federal funds sold & reverse repurchase agreements
  • $53,742Net loans & leases
  • $317Loan loss allowance
  • $0Trading account assets
  • $1,383Bank premises and fixed assets
  • $470Other real estate owned
  • $153Goodwill and other intangibles
  • $78,276Life insurance assets
  • $3,150All other assets
  • $71,865Total liabilities and capital
  • $70,459Total liabilities
  • $59,814Total deposits
  • $70,459Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,406Subordinated debt
  • $6,411All other liabilities
  • $6,411Total equity capital
  • $6,411Total bank equity capital
  • $750Perpetual preferred stock
  • $600Common stock
  • $1,398Surplus
  • $3,663Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $855Income earned, not collected on loans
  • $0Earning assets
  • $894Long-term assets (5+ years)
  • $71,461Average Assets, year-to-date
  • $37,155Average Assets, quarterly
  • $76,960Volatile liabilities
  • $77,375Insider loans
  • $57,610FHLB advances
  • $78,449Loans and leases held for sale
  • $1,820Unused loan commitments
  • $1,625Tier 1 (core) risk-based capital
  • $6,020Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $195Total unused commitments
  • $6,286Restructured Loans and leases
  • $2,444Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,700Total interest income
  • $764Total interest expense
  • $2,936Net interest income
  • $60Provision for loan and lease losses
  • $324Total noninterest income
  • $23Fiduciary activities
  • $152Service charges on deposit accounts
  • $0Trading account gains & fees
  • $149Additional noninterest income
  • $2,091Total noninterest expense
  • $1,176Salaries and employee benefits
  • $263Premises and equipment expense
  • $652Additional noninterest expense
  • $1,109Pre-tax net operating income
  • $0Securities gains (losses)
  • $366Applicable income taxes
  • $743Income before extraordinary items
  • $0Extraordinary gains - net
  • $743Net income attributable to bank
  • $0Net charge-offs
  • $743Cash dividends
  • $20Sale, conversion, retirement of capital stock, net
  • $492Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.26%Yield on earning assets
  • 1.09%Cost of funding earning assets
  • 4.17%Net interest margin
  • 0.46%Noninterest income to earning assets
  • 2.97%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 1.44%Pretax return on assets
  • 11.86%Return on equity (ROE)
  • 4.01%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 300.00%Credit loss provision to net charge-offs
  • 58.45%Efficiency ratio
  • 64,141Assets per employee
  • 3.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 66.22%Loss allowance to loans
  • 0.59%Loss allowance to noncurrent loans
  • 37.08%Noncurrent assets plus other real estate owned to assets
  • 1.69%Noncurrent loans to loans
  • 1.58%Net loans and leases to deposits
  • 76.27%Net loans and leases to core deposits
  • 80.46%Equity capital to assets
  • 8.19%Core capital (leverage) ratio
  • 7.67%Tier 1 risk-based capital ratio
  • 10.45%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $76,960Average earning assets
  • $6,266Average equity
  • $70,367Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $46,897Managed Assets
  • 1Number of Accounts
  • $4,838Personal trust and agency accounts
  • $1,725Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $10Investment management agency accounts
  • $3,103Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 63Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $42,059Other retirement accounts
  • $40,496Corporate trust and agency accounts
  • $1,224Other fiduciary accounts
  • $339Fiduciary accounts held in foreign offices

List of branches

  • 4 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06688Farmers State Bank & Trust Co.129 West Main, Mount Sterling, IL 62353June 01, 1914Full Service Brick and Mortar
    1222421Versailles Facility113 South Main, Versailles, IL 62378August 09, 1982Full Service Brick and Mortar
    2492680Iga Branch200 S Pittsfield Rd, Mount Sterling, IL 62353December 01, 2008Full Service Brick and Mortar
    37237Timewell BranchMain Street, Timewell, IL 62375January 01, 1910Full Service Brick and Mortar

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