Farmers State Bank of Hamel in Hamel, Minnesota (MN)



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Farmers State Bank of Hamel routing number info

Table of contents:
Farmers State Bank of Hamel
GeneralFDIC Certificate #: 8214
Status: Active
Federal Reserve ID: 1006157
Date Established: January 01, 1919
WWW: http://www.fsboh.com
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
LocationAddress: 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 ChangesChange in Location
Financial SummaryTotal 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)
Total employees (full-time equivalent)22
Total assets$90,385
Cash and due from depository institutions$19,301
Interest-bearing balances$17,245
Securities$34,500
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$31,355
Loan loss allowance $395
Trading account assets$0
Bank premises and fixed assets$1,724
Other real estate owned$1,724
Goodwill and other intangibles$0
All other assets$1,781
Life insurance assets$90,385
Total liabilities and capital$80,072
Total liabilities$79,674
Total deposits$63,620
Interest-bearing deposits$79,674
Deposits held in domestic offices$91
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $398
All other liabilities $10,313
Total equity capital$10,313
Total bank equity capital$10,313
Perpetual preferred stock$0
Common stock$100
Surplus$7,400
Undivided profits $2,813
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $295
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $314
Average Assets, year-to-date $83,100
Average Assets, quarterly $30,074
Volatile liabilities $86,934
Insider loans $90,092
FHLB advances $39,858
Loans and leases held for sale $89,258
Unused loan commitments $1,068
Tier 1 (core) risk-based capital $1,068
Tier 2 risk-based capital $9,975
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,552
Derivatives$607
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,445
Total interest expense $726
Net interest income $2,719
Provision for loan and lease losses $27
Total noninterest income -$50
Fiduciary activities $0
Service charges on deposit accounts $153
Trading account gains & fees $0
Additional noninterest income -$203
Total noninterest expense $2,316
Salaries and employee benefits $1,405
Premises and equipment expense $442
Additional noninterest expense $469
Pre-tax net operating income $326
Securities gains (losses) $0
Applicable income taxes $1
Income before extraordinary items $325
Extraordinary gains - net $0
Net income attributable to bank $325
Net charge-offs $0
Cash dividends $325
Sale, conversion, retirement of capital stock, net -$7
Net operating income $60
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.35%
Cost of funding earning assets 0.92%
Net interest margin 3.43%
Noninterest income to earning assets -0.06%
Noninterest expense to earning assets 2.92%
Net operating income to assets 0.37%
Return on assets (ROA) 0.37%
Pretax return on assets 0.37%
Return on equity (ROE) 3.25%
Retained earnings to average equity (YTD only) 2.65%
Net charge-offs to loans -0.02%
Credit loss provision to net charge-offs -385.71%
Efficiency ratio0.00%
Assets per employee$86,774
Cash dividends to net income (YTD only)4.11%
Condition Ratios (%)
Loss allowance to loans 18.46%
Loss allowance to noncurrent loans 1.24%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 1.91%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 39.35%
Equity capital to assets 41.51%
Core capital (leverage) ratio 11.41%
Tier 1 risk-based capital ratio 11.18%
Total risk-based capital ratio 25.03%
Memoranda
Average assets$26
Average earning assets$86,934
Average equity $10,007
Average loans $79,196
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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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