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

  • Farmers State Bank of Hamel in Hamel, Minnesota (MN)
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Farmers State Bank of Hamel - Overview

  • General
  • FDIC Certificate #: 8214
    Status: Active
    Federal Reserve ID: 1006157
    Date Established: January 01, 1919
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 5237
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 02, 2010
    Last Structure Change Process Date: June 03, 2010
    Last Data Update: June 03, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 145 Hamel Road, Hamel, MN 55340
    County: Hennepin
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Minneapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
    CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $90.4 mil
    Equity capital: $10.3 mil
    Deposits held in domestic offices: $79.7 mil
    Return on assets (ROA): 0.37% ($0.3 mil)
    Quarterly return on assets: 0.42% ($0.4 mil)
    Return on Equity (ROE): 3.25% ($0.3 mil)
    Quarterly return on equity: 3.70% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.37% ($334.4 mil)
    Quarterly Pretax return on assets: 0.42% ($379.6 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
  • 22Total employees (full-time equivalent)
  • $90,385Total assets
  • $19,301Cash and due from depository institutions
  • $17,245Interest-bearing balances
  • $34,500Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $31,355Net loans & leases
  • $395Loan loss allowance
  • $0Trading account assets
  • $1,724Bank premises and fixed assets
  • $1,724Other real estate owned
  • $0Goodwill and other intangibles
  • $90,385Life insurance assets
  • $1,781All other assets
  • $80,072Total liabilities and capital
  • $79,674Total liabilities
  • $63,620Total deposits
  • $79,674Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $398Subordinated debt
  • $10,313All other liabilities
  • $10,313Total equity capital
  • $10,313Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $7,400Surplus
  • $2,813Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $295Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $314Long-term assets (5+ years)
  • $83,100Average Assets, year-to-date
  • $30,074Average Assets, quarterly
  • $86,934Volatile liabilities
  • $90,092Insider loans
  • $39,858FHLB advances
  • $89,258Loans and leases held for sale
  • $1,068Unused loan commitments
  • $1,068Tier 1 (core) risk-based capital
  • $9,975Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,552Restructured Loans and leases
  • $607Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,445Total interest income
  • $726Total interest expense
  • $2,719Net interest income
  • $27Provision for loan and lease losses
  • -$50Total noninterest income
  • $0Fiduciary activities
  • $153Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$203Additional noninterest income
  • $2,316Total noninterest expense
  • $1,405Salaries and employee benefits
  • $442Premises and equipment expense
  • $469Additional noninterest expense
  • $326Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • $325Income before extraordinary items
  • $0Extraordinary gains - net
  • $325Net income attributable to bank
  • $0Net charge-offs
  • $325Cash dividends
  • -$7Sale, conversion, retirement of capital stock, net
  • $60Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.35%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 3.43%Net interest margin
  • -0.06%Noninterest income to earning assets
  • 2.92%Noninterest expense to earning assets
  • 0.37%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.37%Pretax return on assets
  • 3.25%Return on equity (ROE)
  • 2.65%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • -385.71%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 86,774Assets per employee
  • 4.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.46%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 1.91%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 39.35%Net loans and leases to core deposits
  • 41.51%Equity capital to assets
  • 11.41%Core capital (leverage) ratio
  • 11.18%Tier 1 risk-based capital ratio
  • 25.03%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $86,934Average earning assets
  • $10,007Average equity
  • $79,196Average loans

List of branches

  • 2 Minnesota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05237Farmers State Bank Of Hamel145 Hamel Road, Hamel, MN 55340January 01, 1919Full Service Brick and Mortar
    1218131Corcoran Detached FacilityCounty Road 116 And County Road 10, Corcoran, MN 55340March 31, 1982Limited Service Facility

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