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

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
    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
  • NoIDNameAddressEstablishedService TypeMap
    01275Farmers State Bank Of Dent101 1st Ave N, Dent, MN 56528March 03, 1908Full Service Brick and Mortar
    1190416Perham Branch301 West Main, Perham, MN 56573June 06, 1994Full Service Brick and Mortar

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