Farmers State Bank of Madelia, Incorporated in city_name, state_name

Farmers State Bank of Madelia, Incorporated in Madelia, Minnesota (MN)
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Farmers State Bank of Madelia, Incorporated routing number info

Farmers State Bank of Madelia, Incorporated - Overview

General
FDIC Certificate #: 10566
Status: Active
Federal Reserve ID: 988658
Bank Holding Company (Regulatory Top Holder): Madelia Bancshares, Inc. (RSSDID: 1124211, Location: Madelia, MN)
Date Established: July 25, 1916
WWW: http://www.madelia.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 14193
FDIC's unique #: 6767
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 34 Main Street, Madelia, MN 56062
County: Watonwan
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Mankato
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $61.3 mil
Equity capital: $6.5 mil
Deposits held in domestic offices: $52.8 mil
Return on assets (ROA): 0.82% ($0.5 mil)
Quarterly return on assets: 0.88% ($0.5 mil)
Return on Equity (ROE): 8.01% ($0.5 mil)
Quarterly return on equity: 8.40% ($0.5 mil)
Net income: $0.5 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.82% ($502.9 mil)
Quarterly Pretax return on assets: 0.88% ($539.7 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
19Total employees (full-time equivalent)
$61,331Total assets
$13,363Cash and due from depository institutions
$11,488Interest-bearing balances
$9,158Securities
$1,785Federal funds sold & reverse repurchase agreements
$34,822Net loans & leases
$624Loan loss allowance
$0Trading account assets
$640Bank premises and fixed assets
$266Other real estate owned
$290Goodwill and other intangibles
$61,331Life insurance assets
$1,007All other assets
$54,858Total liabilities and capital
$52,782Total liabilities
$42,365Total deposits
$52,782Interest-bearing deposits
$85Deposits held in domestic offices
422.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,600Trading liabilities
$0Other borrowed funds
$54Subordinated debt
$6,473All other liabilities
$6,473Total equity capital
$6,473Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,900Surplus
$3,473Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$87Income earned, not collected on loans
$0Earning assets
$416Long-term assets (5+ years)
$57,253Average Assets, year-to-date
$4,594Average Assets, quarterly
$62,424Volatile liabilities
$61,405Insider loans
$35,559FHLB advances
$61,547Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,183Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,110Restructured Loans and leases
$92Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,538Total interest income
$426Total interest expense
$2,112Net interest income
$105Provision for loan and lease losses
$138Total noninterest income
$0Fiduciary activities
$59Service charges on deposit accounts
$0Trading account gains & fees
$79Additional noninterest income
$1,635Total noninterest expense
$1,045Salaries and employee benefits
$232Premises and equipment expense
$358Additional noninterest expense
$510Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$510Income before extraordinary items
$0Extraordinary gains - net
$510Net income attributable to bank
$0Net charge-offs
$510Cash dividends
$106Sale, conversion, retirement of capital stock, net
$415Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.36%Yield on earning assets
0.73%Cost of funding earning assets
3.63%Net interest margin
0.24%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
0.82%Net operating income to assets
0.82%Return on assets (ROA)
0.82%Pretax return on assets
8.01%Return on equity (ROE)
1.49%Retained earnings to average equity (YTD only)
0.31%Net charge-offs to loans
99.06%Credit loss provision to net charge-offs
5.80%Efficiency ratio
72,667Assets per employee
3.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
81.37%Loss allowance to loans
1.76%Loss allowance to noncurrent loans
717.24%Noncurrent assets plus other real estate owned to assets
0.58%Noncurrent loans to loans
0.25%Net loans and leases to deposits
65.97%Net loans and leases to core deposits
71.08%Equity capital to assets
10.55%Core capital (leverage) ratio
10.05%Tier 1 risk-based capital ratio
17.39%Total risk-based capital ratio
Memoranda
$19Average assets
$62,424Average earning assets
$6,363Average equity
$58,208Average loans

List of branches

2 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	6767	Farmers State Bank Of Madelia, Incorporated	34 Main Street, Madelia, MN 56062	July 25, 1916	Full Service Brick and Mortar
1	5215	Lewisville Branch	Main Street, Lewisville, MN 56060	January 22, 1902	Full Service Brick and Mortar

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

Farmers State Bank of Madelia, Incorporated - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

Farmers State Bank of Madelia, Incorporated - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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