Farmers State Bank of Western Illinois in Alpha, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Farmers State Bank of Western Illinois in Alpha, Illinois (IL)
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Farmers State Bank of Western Illinois - Overview

  • General
  • FDIC Certificate #: 11680
    Status: Active
    Federal Reserve ID: 653433
    Bank Holding Company (Regulatory Top Holder): Alpha Banco, Inc. (RSSDID: 1205192, Location: Alpha, IL)
    Date Established: December 01, 1910
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 15539
    FDIC's unique #: 7465
    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: 124 West D Street, Alpha, IL 61413
    County: Henry
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $123.8 mil
    Equity capital: $15.0 mil
    Deposits held in domestic offices: $106.7 mil
    Return on assets (ROA): 1.29% ($1.6 mil)
    Quarterly return on assets: 0.89% ($1.1 mil)
    Return on Equity (ROE): 10.73% ($1.6 mil)
    Quarterly return on equity: 7.41% ($1.1 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.31% ($1,621.9 mil)
    Quarterly Pretax return on assets: 0.95% ($1,176.2 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
  • 50Total employees (full-time equivalent)
  • $123,809Total assets
  • $4,643Cash and due from depository institutions
  • $2,299Interest-bearing balances
  • $37,204Securities
  • $2,410Federal funds sold & reverse repurchase agreements
  • $71,523Net loans & leases
  • $540Loan loss allowance
  • $0Trading account assets
  • $1,090Bank premises and fixed assets
  • $75Other real estate owned
  • $0Goodwill and other intangibles
  • $123,809Life insurance assets
  • $6,864All other assets
  • $108,770Total liabilities and capital
  • $106,728Total liabilities
  • $87,433Total deposits
  • $106,728Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,042Subordinated debt
  • $15,039All other liabilities
  • $15,039Total equity capital
  • $15,039Total bank equity capital
  • $0Perpetual preferred stock
  • $240Common stock
  • $2,260Surplus
  • $12,539Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,214Income earned, not collected on loans
  • $0Earning assets
  • $1,119Long-term assets (5+ years)
  • $113,436Average Assets, year-to-date
  • $43,902Average Assets, quarterly
  • $120,773Volatile liabilities
  • $124,055Insider loans
  • $87,025FHLB advances
  • $124,965Loans and leases held for sale
  • $4,887Unused loan commitments
  • $4,887Tier 1 (core) risk-based capital
  • $14,572Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,364Restructured Loans and leases
  • $1,865Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,280Total interest income
  • $816Total interest expense
  • $4,464Net interest income
  • $240Provision for loan and lease losses
  • $700Total noninterest income
  • $0Fiduciary activities
  • $425Service charges on deposit accounts
  • $0Trading account gains & fees
  • $275Additional noninterest income
  • $3,374Total noninterest expense
  • $2,164Salaries and employee benefits
  • $337Premises and equipment expense
  • $873Additional noninterest expense
  • $1,550Pre-tax net operating income
  • $34Securities gains (losses)
  • $26Applicable income taxes
  • $1,558Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,558Net income attributable to bank
  • $0Net charge-offs
  • $1,558Cash dividends
  • $176Sale, conversion, retirement of capital stock, net
  • $875Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.82%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 4.07%Net interest margin
  • 0.64%Noninterest income to earning assets
  • 3.08%Noninterest expense to earning assets
  • 1.26%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 10.73%Return on equity (ROE)
  • 4.70%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 136.36%Credit loss provision to net charge-offs
  • 10.17%Efficiency ratio
  • 65,337Assets per employee
  • 2.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.16%Loss allowance to loans
  • 0.75%Loss allowance to noncurrent loans
  • 44.48%Noncurrent assets plus other real estate owned to assets
  • 1.04%Noncurrent loans to loans
  • 1.68%Net loans and leases to deposits
  • 67.01%Net loans and leases to core deposits
  • 71.94%Equity capital to assets
  • 12.15%Core capital (leverage) ratio
  • 11.66%Tier 1 risk-based capital ratio
  • 16.74%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $120,773Average earning assets
  • $14,518Average equity
  • $109,624Average loans

List of branches

  • 6 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07465Farmers State Bank Of Western Illino124 West D Street, Alpha, IL 61413December 01, 1910Full Service Brick and Mortar
    210942Viola Facility1803 13th St, Viola, IL 61486October 01, 1949Full Service Brick and Mortar
    3225460New Windsor Branch600 Main Street, New Windsor, IL 61465May 14, 1988Full Service Brick and Mortar
    47238Alexis Branch205 East Broadway, Alexis, IL 61412October 16, 1887Full Service Brick and Mortar
    5225461Woodhull Branch320 North Division, Woodhull, IL 61490October 15, 1992Full Service Brick and Mortar
    6225462Aledo Branch201 South College Avenue, Aledo, IL 61231March 30, 1995Full Service Brick and Mortar

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