Farmers State Bank of Alto Pass, Ill. in Alto Pass, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank of Alto Pass, Ill. - Overview

  • General
  • FDIC Certificate #: 11299
    Status: Active
    Federal Reserve ID: 856346
    Bank Holding Company (Regulatory Top Holder): Farmers State Holding Corp. (RSSDID: 2321398, Location: Harrisburg, IL)
    Date Established: January 01, 1910
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 7213
    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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 22, 2010
    Last Structure Change Process Date: June 30, 2010
    Last Data Update: June 30, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 55 N Elm St, Alto Pass, IL 62905
    County: Union
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • Financial Summary
  • Total assets: $182.8 mil
    Equity capital: $17.7 mil
    Deposits held in domestic offices: $164.7 mil
    Return on assets (ROA): 0.82% ($1.5 mil)
    Quarterly return on assets: 1.36% ($2.5 mil)
    Return on Equity (ROE): 8.88% ($1.6 mil)
    Quarterly return on equity: 14.35% ($2.6 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.83% ($1,517.1 mil)
    Quarterly Pretax return on assets: 1.35% ($2,467.6 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
  • 39Total employees (full-time equivalent)
  • $182,787Total assets
  • $3,606Cash and due from depository institutions
  • $3Interest-bearing balances
  • $18,862Securities
  • $12,016Federal funds sold & reverse repurchase agreements
  • $137,326Net loans & leases
  • $2,065Loan loss allowance
  • $0Trading account assets
  • $2,686Bank premises and fixed assets
  • $2,220Other real estate owned
  • $0Goodwill and other intangibles
  • $182,787Life insurance assets
  • $6,071All other assets
  • $165,078Total liabilities and capital
  • $164,673Total liabilities
  • $141,037Total deposits
  • $164,673Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $405Subordinated debt
  • $17,709All other liabilities
  • $17,709Total equity capital
  • $17,709Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $12,003Surplus
  • $5,656Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,300Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,495Income earned, not collected on loans
  • $79Earning assets
  • $1,050Long-term assets (5+ years)
  • $168,207Average Assets, year-to-date
  • $52,346Average Assets, quarterly
  • $186,812Volatile liabilities
  • $183,380Insider loans
  • $141,009FHLB advances
  • $182,313Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,709Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,344Restructured Loans and leases
  • $5,875Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,298Total interest income
  • $1,478Total interest expense
  • $7,820Net interest income
  • $588Provision for loan and lease losses
  • $1,115Total noninterest income
  • $0Fiduciary activities
  • $227Service charges on deposit accounts
  • $0Trading account gains & fees
  • $888Additional noninterest income
  • $6,799Total noninterest expense
  • $3,459Salaries and employee benefits
  • $517Premises and equipment expense
  • $2,823Additional noninterest expense
  • $1,548Pre-tax net operating income
  • $0Securities gains (losses)
  • $15Applicable income taxes
  • $1,533Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,533Net income attributable to bank
  • $0Net charge-offs
  • $1,533Cash dividends
  • $269Sale, conversion, retirement of capital stock, net
  • $1,015Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.41%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 4.55%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.96%Noninterest expense to earning assets
  • 0.82%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 8.88%Return on equity (ROE)
  • 3.00%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 218.59%Credit loss provision to net charge-offs
  • 7.94%Efficiency ratio
  • 76,094Assets per employee
  • 4.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 66.21%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 37.58%Noncurrent assets plus other real estate owned to assets
  • 4.22%Noncurrent loans to loans
  • 3.94%Net loans and leases to deposits
  • 83.39%Net loans and leases to core deposits
  • 85.54%Equity capital to assets
  • 9.69%Core capital (leverage) ratio
  • 9.71%Tier 1 risk-based capital ratio
  • 12.56%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $186,812Average earning assets
  • $17,257Average equity
  • $171,790Average loans

List of branches

  • 3 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07213Farmers State Bank Of Alto Pass, Ill.55 N Elm St, Alto Pass, IL 62905January 01, 1910Full Service Brick and Mortar
    1224329Commercial Street Branch555 South Commercial Street, Harrisburg, IL 62946November 22, 1995Full Service Brick and Mortar
    2224330Marion Branch1106 West Deyoung, Marion, IL 62959December 24, 1998Full Service Brick and Mortar

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