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- Banks in Illinois (IL)
- Farmers State Bank of Ferris
Farmers State Bank of Ferris in Carthage, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of November 08, 1997
- Farmers State Bank of Ferris in Carthage, Illinois (IL)
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Farmers State Bank of Ferris - Overview
- General
- FDIC Certificate #: 10787
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Bank/West (#12116)
Federal Reserve ID: 864435
Date Established: January 01, 1905
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 10129
FDIC's unique #: 6897
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 08, 1997
Last Structure Change Process Date: December 29, 1997
Last Data Update: December 29, 1997
Data Source Date: April 05, 2012 - Location
- Address: 1395 Buchanan Street, Carthage, IL 62321
County: Hancock
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central - Financial Summary
- Total assets: $45.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1996)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $12Total assets
- $47,569Cash and due from depository institutions
- $2,441Interest-bearing balances
- $50Securities
- $28,879Federal funds sold & reverse repurchase agreements
- $0Net loans & leases
- $14,328Loan loss allowance
- $127Trading account assets
- $0Bank premises and fixed assets
- $424Other real estate owned
- $0Goodwill and other intangibles
- $534Life insurance assets
- $963All other assets
- $0Total liabilities and capital
- $47,569Total liabilities
- $43,546Total deposits
- $40,500Interest-bearing deposits
- $36,373Deposits held in domestic offices
- 40500.00%% insured (estimated)
- $96Federal funds purchased & repurchase agreements
- $2,144Trading liabilities
- $0Other borrowed funds
- $600Subordinated debt
- $0All other liabilities
- $302Total equity capital
- $302Total bank equity capital
- $4,023Perpetual preferred stock
- $0Common stock
- $267Surplus
- $3,601Undivided profits
- Memoranda
- $155Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $40Income earned, not collected on loans
- $265Earning assets
- $43,257Long-term assets (5+ years)
- $2,069Average Assets, year-to-date
- $48,956Average Assets, quarterly
- $47,362Volatile liabilities
- $8,414Insider loans
- $77FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $0Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $3,009Total risk weighted assets
- $18,575Total unused commitments
- $0Restructured Loans and leases
- $0Derivatives
Income and Expense (December 31, 1996)
- Dollar figures in thousands
- $0Total interest income
- $1,299Total interest expense
- $794Net interest income
- $505Provision for loan and lease losses
- $60Total noninterest income
- $34Fiduciary activities
- $0Service charges on deposit accounts
- $23Trading account gains & fees
- $0Additional noninterest income
- $11Total noninterest expense
- $314Salaries and employee benefits
- $145Premises and equipment expense
- $47Additional noninterest expense
- $122Pre-tax net operating income
- $165Securities gains (losses)
- -$11Applicable income taxes
- $50Income before extraordinary items
- $104Extraordinary gains - net
- $0Net income attributable to bank
- $104Net charge-offs
- $40Cash dividends
- $0Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 1996)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 2.85%Cost of funding earning assets
- 1.74%Net interest margin
- 1.11%Noninterest income to earning assets
- 0.07%Noninterest expense to earning assets
- 0.69%Net operating income to assets
- 0.23%Return on assets (ROA)
- 0.21%Pretax return on assets
- 0.31%Return on equity (ROE)
- 2.94%Retained earnings to average equity (YTD only)
- 2.94%Net charge-offs to loans
- 0.30%Credit loss provision to net charge-offs
- 150.00%Efficiency ratio
- 55,288Assets per employee
- 3.96%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 0.88%Loss allowance to noncurrent loans
- 317.50%Noncurrent assets plus other real estate owned to assets
- 0.08%Noncurrent loans to loans
- 0.28%Net loans and leases to deposits
- 35.38%Net loans and leases to core deposits
- 41.86%Equity capital to assets
- 8.46%Core capital (leverage) ratio
- 6.55%Tier 1 risk-based capital ratio
- 16.20%Total risk-based capital ratio
- Memoranda
- $17Average assets
- $48,956Average earning assets
- $3,536Average equity
- $45,596Average loans
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- Banks in Illinois (IL)
- Farmers State Bank of Ferris
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