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

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Farmers State Bank of Western Illinois routing number info

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Farmers State Bank of Western Illinois
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)50
Total assets$123,809
Cash and due from depository institutions$4,643
Interest-bearing balances$2,299
Federal funds sold & reverse repurchase agreements$2,410
Net loans & leases$71,523
Loan loss allowance $540
Trading account assets$0
Bank premises and fixed assets$1,090
Other real estate owned$75
Goodwill and other intangibles$0
All other assets$6,864
Life insurance assets$123,809
Total liabilities and capital$108,770
Total liabilities$106,728
Total deposits$87,433
Interest-bearing deposits$106,728
Deposits held in domestic offices$84
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $2,042
All other liabilities $15,039
Total equity capital$15,039
Total bank equity capital$15,039
Perpetual preferred stock$0
Common stock$240
Undivided profits $12,539
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,214
Earning assets $0
Long-term assets (5+ years) $1,119
Average Assets, year-to-date $113,436
Average Assets, quarterly $43,902
Volatile liabilities $120,773
Insider loans $124,055
FHLB advances $87,025
Loans and leases held for sale $124,965
Unused loan commitments $4,887
Tier 1 (core) risk-based capital $4,887
Tier 2 risk-based capital $14,572
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $11,364
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,280
Total interest expense $816
Net interest income $4,464
Provision for loan and lease losses $240
Total noninterest income $700
Fiduciary activities $0
Service charges on deposit accounts $425
Trading account gains & fees $0
Additional noninterest income $275
Total noninterest expense $3,374
Salaries and employee benefits $2,164
Premises and equipment expense $337
Additional noninterest expense $873
Pre-tax net operating income $1,550
Securities gains (losses) $34
Applicable income taxes $26
Income before extraordinary items $1,558
Extraordinary gains - net $0
Net income attributable to bank $1,558
Net charge-offs $0
Cash dividends $1,558
Sale, conversion, retirement of capital stock, net $176
Net operating income $875
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.82%
Cost of funding earning assets 0.74%
Net interest margin 4.07%
Noninterest income to earning assets 0.64%
Noninterest expense to earning assets 3.08%
Net operating income to assets 1.26%
Return on assets (ROA) 1.29%
Pretax return on assets 1.31%
Return on equity (ROE) 10.73%
Retained earnings to average equity (YTD only) 4.70%
Net charge-offs to loans 0.25%
Credit loss provision to net charge-offs 136.36%
Efficiency ratio10.17%
Assets per employee$65,337
Cash dividends to net income (YTD only)2.48%
Condition Ratios (%)
Loss allowance to loans 56.16%
Loss allowance to noncurrent loans 0.75%
Noncurrent assets plus other real estate owned to assets 44.48%
Noncurrent loans to loans 1.04%
Net loans and leases to deposits1.68%
Net loans and leases to core deposits 67.01%
Equity capital to assets 71.94%
Core capital (leverage) ratio 12.15%
Tier 1 risk-based capital ratio 11.66%
Total risk-based capital ratio 16.74%
Average assets$17
Average earning assets$120,773
Average equity $14,518
Average loans $109,624
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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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