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)
  • Show street view No street view available for this location

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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