Farmers Trust and Savings Bank in Buffalo Center, Iowa (IA)

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Farmers Trust and Savings Bank routing number info

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Farmers Trust and Savings Bank
GeneralFDIC Certificate #: 14195
Status: Active
Federal Reserve ID: 825847
Bank Holding Company (Regulatory Top Holder): Koss-Winn Bancshares, Inc. Employee Stock Ownership Plan With 401(K) Provisions (RSSDID: 2630773, Location: Buffalo Center, IA)
Date Established: January 01, 1914
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 15624
FDIC's unique #: 8862
Numeric code: 21
Regulator: FDIC
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: April 05, 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: 101-106 Fifth Street, Buffalo Center, IA 50424
County: Winnebago
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Des Moines
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $183.0 mil
Equity capital: $16.6 mil
Deposits held in domestic offices: $140.4 mil
Return on assets (ROA): 1.59% ($2.9 mil)
Quarterly return on assets: 1.72% ($3.1 mil)
Return on Equity (ROE): 17.29% ($2.9 mil)
Quarterly return on equity: 18.68% ($3.2 mil)
Net income: $2.8 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 1.67% ($3,056.2 mil)
Quarterly Pretax return on assets: 1.80% ($3,294.1 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)35
Total assets$183,004
Cash and due from depository institutions$8,906
Interest-bearing balances$3,980
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$160,420
Loan loss allowance $1,591
Trading account assets$0
Bank premises and fixed assets$1,155
Other real estate owned$11
Goodwill and other intangibles$608
All other assets$4,625
Life insurance assets$183,004
Total liabilities and capital$166,402
Total liabilities$140,365
Total deposits$113,290
Interest-bearing deposits$140,365
Deposits held in domestic offices$92
% insured (estimated)420.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$25,300
Other borrowed funds $0
Subordinated debt $317
All other liabilities $16,602
Total equity capital$16,602
Total bank equity capital$16,602
Perpetual preferred stock$0
Common stock$600
Undivided profits $11,602
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 $318
Earning assets $0
Long-term assets (5+ years) $2,879
Average Assets, year-to-date $171,679
Average Assets, quarterly $28,547
Volatile liabilities $175,145
Insider loans $179,980
FHLB advances $160,386
Loans and leases held for sale $183,207
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $15,896
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $22,695
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $8,185
Total interest expense $2,064
Net interest income $6,121
Provision for loan and lease losses $240
Total noninterest income $810
Fiduciary activities $20
Service charges on deposit accounts $292
Trading account gains & fees $0
Additional noninterest income $498
Total noninterest expense $3,762
Salaries and employee benefits $2,417
Premises and equipment expense $414
Additional noninterest expense $931
Pre-tax net operating income $2,929
Securities gains (losses) $0
Applicable income taxes $143
Income before extraordinary items $2,786
Extraordinary gains - net $0
Net income attributable to bank $2,786
Net charge-offs $0
Cash dividends $2,786
Sale, conversion, retirement of capital stock, net $98
Net operating income $1,950
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.97%
Cost of funding earning assets 1.25%
Net interest margin 3.71%
Noninterest income to earning assets 0.49%
Noninterest expense to earning assets 2.28%
Net operating income to assets 1.59%
Return on assets (ROA) 1.59%
Pretax return on assets 1.67%
Return on equity (ROE) 17.29%
Retained earnings to average equity (YTD only) 5.19%
Net charge-offs to loans 0.07%
Credit loss provision to net charge-offs 244.90%
Efficiency ratio32.34%
Assets per employee$53,888
Cash dividends to net income (YTD only)5.23%
Condition Ratios (%)
Loss allowance to loans 69.99%
Loss allowance to noncurrent loans 0.98%
Noncurrent assets plus other real estate owned to assets 500.31%
Noncurrent loans to loans 0.18%
Net loans and leases to deposits0.20%
Net loans and leases to core deposits 114.29%
Equity capital to assets 115.45%
Core capital (leverage) ratio 9.07%
Tier 1 risk-based capital ratio 8.68%
Total risk-based capital ratio 9.91%
Average assets$11
Average earning assets$175,145
Average equity $16,111
Average loans $164,841
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$4,639
Number of Accounts1
Personal trust and agency accounts$96
Employee benefit-defined contribution accounts$96
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts142
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$4,543
Corporate trust and agency accounts$763
Other fiduciary accounts$3,645
Fiduciary accounts held in foreign offices$135
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4 Iowa Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08862Farmers Trust And Savings Bank101-106 Fifth Street, Buffalo Center, IA 50424January 01, 1914Full Service Brick and Mortar
1231153Lakota Branch201 Third Street, Lakota, IA 50451July 05, 1935Full Service Brick and Mortar
2275701Britt Branch202 Main Avenue North, Britt, IA 50423December 01, 1935Full Service Brick and Mortar
3231154Lake Mills Branch105 North Lake Street, Lake Mills, IA 50450Febuary 01, 1999Full Service Brick and Mortar
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