Farmers State Bank of Crosby, N. D. in Crosby, North Dakota (ND)



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Farmers State Bank of Crosby, N. D. routing number info

Table of contents:
Farmers State Bank of Crosby, N. D.
GeneralFDIC Certificate #: 14353
Status: Active
Federal Reserve ID: 924656
Bank Holding Company (Regulatory Top Holder): Hanisch Bankshares, Ltd. (RSSDID: 1127865, Location: Crosby, ND)
Date Established: June 07, 1919
WWW: http://www.fsbcrosby.com
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 #: 8969
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
LocationAddress: 111 E Central Ave, Crosby, ND 58730
County: Divide
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $69.2 mil
Equity capital: $6.6 mil
Deposits held in domestic offices: $62.5 mil
Return on assets (ROA): 0.64% ($0.4 mil)
Quarterly return on assets: 0.60% ($0.4 mil)
Return on Equity (ROE): 5.79% ($0.4 mil)
Quarterly return on equity: 5.85% ($0.4 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.68% ($470.8 mil)
Quarterly Pretax return on assets: 0.64% ($443.1 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)
Total employees (full-time equivalent)10
Total assets$69,236
Cash and due from depository institutions$13,730
Interest-bearing balances$11,498
Securities$43,208
Federal funds sold & reverse repurchase agreements$6,300
Net loans & leases$5,464
Loan loss allowance $401
Trading account assets$0
Bank premises and fixed assets$159
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$375
Life insurance assets$69,236
Total liabilities and capital$62,660
Total liabilities$62,533
Total deposits$40,174
Interest-bearing deposits$62,533
Deposits held in domestic offices$93
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $127
All other liabilities $6,576
Total equity capital$6,576
Total bank equity capital$6,576
Perpetual preferred stock$0
Common stock$300
Surplus$1,700
Undivided profits $4,576
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $268
Average Assets, year-to-date $66,470
Average Assets, quarterly $34,736
Volatile liabilities $59,082
Insider loans $64,779
FHLB advances $29,978
Loans and leases held for sale $64,575
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,701
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $629
Derivatives$57
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,500
Total interest expense $154
Net interest income $1,346
Provision for loan and lease losses $0
Total noninterest income $69
Fiduciary activities $0
Service charges on deposit accounts $20
Trading account gains & fees $0
Additional noninterest income $49
Total noninterest expense $1,011
Salaries and employee benefits $584
Premises and equipment expense $108
Additional noninterest expense $319
Pre-tax net operating income $404
Securities gains (losses) $0
Applicable income taxes $26
Income before extraordinary items $378
Extraordinary gains - net $0
Net income attributable to bank $378
Net charge-offs $0
Cash dividends $378
Sale, conversion, retirement of capital stock, net $0
Net operating income $700
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets2.64%
Cost of funding earning assets 0.27%
Net interest margin 2.37%
Noninterest income to earning assets 0.12%
Noninterest expense to earning assets 1.78%
Net operating income to assets 0.64%
Return on assets (ROA) 0.64%
Pretax return on assets 0.68%
Return on equity (ROE) 5.79%
Retained earnings to average equity (YTD only) -4.93%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$71,449
Cash dividends to net income (YTD only)6.92%
Condition Ratios (%)
Loss allowance to loans 185.19%
Loss allowance to noncurrent loans 6.84%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 8.74%
Equity capital to assets 8.74%
Core capital (leverage) ratio 9.50%
Tier 1 risk-based capital ratio 8.83%
Total risk-based capital ratio 19.02%
Memoranda
Average assets$20
Average earning assets$59,082
Average equity $6,531
Average loans $56,773
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2 North Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08969Farmers State Bank Of Crosby, N. D.111 E Central Ave, Crosby, ND 58730June 07, 1919Full Service Brick and Mortar
1231357Noonan Community Center Branch603 Main Street South And Heuer Parkway, Noonan, ND 58765September 12, 1966Full Service Brick and Mortar
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