Farmers State Bank of Dows in Dows, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 1993

Farmers State Bank of Dows in Dows, Iowa (IA)
Show street view No street view available for this location

Farmers State Bank of Dows - Overview

General
FDIC Certificate #: 10115
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: United Bank and Trust Company (#14247)
Federal Reserve ID: 595243
Date Established: Febuary 20, 1912
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 6469
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 01, 1993
Last Structure Change Process Date: November 08, 1993
Last Data Update: November 08, 1993
Data Source Date: April 05, 2012
Location
Address: Main Street, Dows, IA 50071
County: Wright
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Des Moines
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $17.7 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$8Total assets
$18,337Cash and due from depository institutions
$885Interest-bearing balances
$0Securities
$7,414Federal funds sold & reverse repurchase agreements
$775Net loans & leases
$8,637Loan loss allowance
$168Trading account assets
$0Bank premises and fixed assets
$64Other real estate owned
$60Goodwill and other intangibles
$502Life insurance assets
$0All other assets
$0Total liabilities and capital
$18,337Total liabilities
$16,634Total deposits
$16,538Interest-bearing deposits
$15,387Deposits held in domestic offices
16538.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$96Total equity capital
$96Total bank equity capital
$1,703Perpetual preferred stock
$0Common stock
$120Surplus
$680Undivided profits
Memoranda
$903Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$90Income earned, not collected on loans
$396Earning assets
$16,826Long-term assets (5+ years)
$1,258Average Assets, year-to-date
$17,355Average Assets, quarterly
$17,845Volatile liabilities
$202Insider loans
$98FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,268Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,703Total risk weighted assets
$9,794Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$1,374Total interest expense
$676Net interest income
$698Provision for loan and lease losses
$150Total noninterest income
$190Fiduciary activities
$0Service charges on deposit accounts
$58Trading account gains & fees
$0Additional noninterest income
$132Total noninterest expense
$480Salaries and employee benefits
$260Premises and equipment expense
$35Additional noninterest expense
$185Pre-tax net operating income
$258Securities gains (losses)
$0Applicable income taxes
$76Income before extraordinary items
$182Extraordinary gains - net
$76Net income attributable to bank
$258Net charge-offs
$100Cash dividends
$6Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.45%Cost of funding earning assets
4.16%Net interest margin
4.29%Noninterest income to earning assets
1.17%Noninterest expense to earning assets
2.95%Net operating income to assets
1.05%Return on assets (ROA)
1.49%Pretax return on assets
1.92%Return on equity (ROE)
16.35%Retained earnings to average equity (YTD only)
15.97%Net charge-offs to loans
1.19%Credit loss provision to net charge-offs
150.00%Efficiency ratio
54,054Assets per employee
2.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
2.33%Loss allowance to loans
1.91%Loss allowance to noncurrent loans
186.67%Noncurrent assets plus other real estate owned to assets
0.82%Noncurrent loans to loans
1.02%Net loans and leases to deposits
52.23%Net loans and leases to core deposits
52.87%Equity capital to assets
9.29%Core capital (leverage) ratio
9.48%Tier 1 risk-based capital ratio
17.39%Total risk-based capital ratio
Memoranda
$19Average assets
$17,355Average earning assets
$1,578Average equity
$16,255Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Farmers State Bank of Dows.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.