Farmers State Bank of Dent in city_name, state_name - Detailed Financial Reports, Location

Farmers State Bank of Dent in Dent, Minnesota (MN)
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Farmers State Bank of Dent routing number info

Farmers State Bank of Dent - Overview

General
FDIC Certificate #: 1910
Status: Active
Federal Reserve ID: 122751
Bank Holding Company (Regulatory Top Holder): Dent Bancshares, Inc. (RSSDID: 2484583, Location: Dent, MN)
Date Established: March 03, 1908
WWW: http://www.fsbdent-perham.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)
OTS Docket #: 16007
FDIC's unique #: 1275
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: May 27, 2010
Last Structure Change Process Date: May 27, 2010
Last Data Update: May 27, 2010
Data Source Date: April 05, 2012
Location
Address: 101 1st Ave N, Dent, MN 56528
County: Otter Tail
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Fergus Falls, MN (#22260)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $30.8 mil
Equity capital: $2.4 mil
Deposits held in domestic offices: $28.4 mil
Return on assets (ROA): -0.36% (-$0.1 mil)
Quarterly return on assets: -0.01% (-$0.0 mil)
Return on Equity (ROE): -4.69% (-$0.1 mil)
Quarterly return on equity: -0.17% (-$0.0 mil)
Net income: -$0.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: -0.36% (-$110.9 mil)
Quarterly Pretax return on assets: -0.01% (-$3.1 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
12Total employees (full-time equivalent)
$30,810Total assets
$4,390Cash and due from depository institutions
$3,036Interest-bearing balances
$2,776Securities
$2,080Federal funds sold & reverse repurchase agreements
$19,979Net loans & leases
$414Loan loss allowance
$0Trading account assets
$738Bank premises and fixed assets
$402Other real estate owned
$0Goodwill and other intangibles
$30,810Life insurance assets
$445All other assets
$28,448Total liabilities and capital
$28,360Total liabilities
$22,732Total deposits
$28,360Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$88Subordinated debt
$2,362All other liabilities
$2,362Total equity capital
$2,362Total bank equity capital
$0Perpetual preferred stock
$71Common stock
$1,454Surplus
$837Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,216Income earned, not collected on loans
$249Earning assets
$240Long-term assets (5+ years)
$27,871Average Assets, year-to-date
$6,018Average Assets, quarterly
$30,556Volatile liabilities
$31,031Insider loans
$18,768FHLB advances
$32,133Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,248Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,653Restructured Loans and leases
$13Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,475Total interest income
$263Total interest expense
$1,212Net interest income
$190Provision for loan and lease losses
$164Total noninterest income
$0Fiduciary activities
$105Service charges on deposit accounts
$0Trading account gains & fees
$59Additional noninterest income
$1,297Total noninterest expense
$715Salaries and employee benefits
$140Premises and equipment expense
$442Additional noninterest expense
-$111Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$111Income before extraordinary items
$0Extraordinary gains - net
-$111Net income attributable to bank
$0Net charge-offs
-$111Cash dividends
$177Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.41%Yield on earning assets
0.96%Cost of funding earning assets
4.44%Net interest margin
0.60%Noninterest income to earning assets
4.76%Noninterest expense to earning assets
-0.36%Net operating income to assets
-0.36%Return on assets (ROA)
-0.36%Pretax return on assets
-4.69%Return on equity (ROE)
-4.69%Retained earnings to average equity (YTD only)
0.83%Net charge-offs to loans
107.34%Credit loss provision to net charge-offs
0.45%Efficiency ratio
94,259Assets per employee
2.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.03%Loss allowance to noncurrent loans
34.05%Noncurrent assets plus other real estate owned to assets
5.25%Noncurrent loans to loans
5.96%Net loans and leases to deposits
70.45%Net loans and leases to core deposits
71.46%Equity capital to assets
7.67%Core capital (leverage) ratio
7.00%Tier 1 risk-based capital ratio
11.98%Total risk-based capital ratio
Memoranda
$13Average assets
$30,556Average earning assets
$2,365Average equity
$27,276Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	1275	Farmers State Bank Of Dent	101 1st Ave N, Dent, MN 56528	March 03, 1908	Full Service Brick and Mortar
1	190416	Perham Branch	301 West Main, Perham, MN 56573	June 06, 1994	Full Service Brick and Mortar

Rust

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Farmers State Bank of Dent in Dent, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank of Dent - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Farmers State Bank of Dent in Dent, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers State Bank of Dent - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Farmers State Bank of Dent in Dent, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches