Farmers State Bank of Calhan in Calhan, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank of Calhan - Overview

  • General
  • FDIC Certificate #: 1780
    Status: Active
    Federal Reserve ID: 956956
    Bank Holding Company (Regulatory Top Holder): Pieper Bancorp, Inc. (RSSDID: 1055119, Location: Calhan, CO)
    Date Established: August 16, 1916
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15527
    FDIC's unique #: 1178
    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: No
    Asset Concentration Hierarchy: Mortgage Lending 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: 458 Colorado Avenue, Calhan, CO 80808
    County: El Paso
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Colorado Springs, CO (#1720)
    Core Based Statistical Area (CBSA): Colorado Springs, CO (#17820)
    CBSA Metro Statistical Area: Colorado Springs, CO (#17820)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $190.4 mil
    Equity capital: $19.9 mil
    Deposits held in domestic offices: $159.0 mil
    Return on assets (ROA): 0.83% ($1.6 mil)
    Quarterly return on assets: 0.88% ($1.7 mil)
    Return on Equity (ROE): 8.06% ($1.6 mil)
    Quarterly return on equity: 8.48% ($1.7 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.18% ($2,246.5 mil)
    Quarterly Pretax return on assets: 1.30% ($2,475.0 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
  • 49Total employees (full-time equivalent)
  • $190,383Total assets
  • $3,728Cash and due from depository institutions
  • $2,144Interest-bearing balances
  • $80,977Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $94,009Net loans & leases
  • $1,914Loan loss allowance
  • $0Trading account assets
  • $3,552Bank premises and fixed assets
  • $1,707Other real estate owned
  • $0Goodwill and other intangibles
  • $190,383Life insurance assets
  • $6,410All other assets
  • $170,450Total liabilities and capital
  • $159,042Total liabilities
  • $124,554Total deposits
  • $159,042Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,050Trading liabilities
  • $0Other borrowed funds
  • $358Subordinated debt
  • $19,933All other liabilities
  • $19,933Total equity capital
  • $19,933Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $575Surplus
  • $19,158Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,428Income earned, not collected on loans
  • $372Earning assets
  • $1,185Long-term assets (5+ years)
  • $177,130Average Assets, year-to-date
  • $111,830Average Assets, quarterly
  • $182,574Volatile liabilities
  • $189,883Insider loans
  • $111,147FHLB advances
  • $189,361Loans and leases held for sale
  • $2,585Unused loan commitments
  • $1,226Tier 1 (core) risk-based capital
  • $20,999Tier 2 risk-based capital
  • $1,359Total risk weighted assets
  • $0Total unused commitments
  • $10,631Restructured Loans and leases
  • $346Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,252Total interest income
  • $2,082Total interest expense
  • $8,170Net interest income
  • $889Provision for loan and lease losses
  • $1,250Total noninterest income
  • $0Fiduciary activities
  • $1,155Service charges on deposit accounts
  • $0Trading account gains & fees
  • $95Additional noninterest income
  • $6,038Total noninterest expense
  • $3,312Salaries and employee benefits
  • $861Premises and equipment expense
  • $1,865Additional noninterest expense
  • $2,493Pre-tax net operating income
  • -$338Securities gains (losses)
  • $647Applicable income taxes
  • $1,508Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,508Net income attributable to bank
  • $0Net charge-offs
  • $1,508Cash dividends
  • $836Sale, conversion, retirement of capital stock, net
  • $50Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.04%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 4.81%Net interest margin
  • 0.74%Noninterest income to earning assets
  • 3.56%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 8.06%Return on equity (ROE)
  • 7.80%Retained earnings to average equity (YTD only)
  • 0.85%Net charge-offs to loans
  • 106.34%Credit loss provision to net charge-offs
  • 4.05%Efficiency ratio
  • 64,098Assets per employee
  • 3.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 3.32%Loss allowance to loans
  • 2.00%Loss allowance to noncurrent loans
  • 134.03%Noncurrent assets plus other real estate owned to assets
  • 1.65%Noncurrent loans to loans
  • 1.49%Net loans and leases to deposits
  • 59.11%Net loans and leases to core deposits
  • 70.98%Equity capital to assets
  • 10.47%Core capital (leverage) ratio
  • 11.09%Tier 1 risk-based capital ratio
  • 18.89%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $182,574Average earning assets
  • $18,700Average equity
  • $169,725Average loans

List of branches

  • 3 Colorado Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01178Farmers State Bank Of Calhan458 Colorado Avenue, Calhan, CO 80808August 16, 1916Full Service Brick and Mortar
    1190136Falcon BranchMeridian Road & Sthy 24, Peyton, CO 80831July 01, 1999Full Service Brick and Mortar
    2419922Ellicott Branch334 North Ellicott Highway, Calhan, CO 80808June 12, 2003Full Service Brick and Mortar

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