Farmers and Drovers Bank in Council Grove, Kansas (KS)



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Farmers and Drovers Bank routing number info

Table of contents:
Farmers and Drovers Bank
GeneralFDIC Certificate #: 12602
Status: Active
Federal Reserve ID: 788559
Bank Holding Company (Regulatory Top Holder): Farmers And Drovers Financial Corp (RSSDID: 3566749, Location: Council Grove, KS)
Date Established: March 16, 1882
WWW: http://www.farmersanddrovers.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 8001
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: No
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: 201 West Main Street, Council Grove, KS 66846
County: Morris
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Hays
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of ChangesCorrections
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $155.0 mil
Equity capital: $42.3 mil
Deposits held in domestic offices: $95.8 mil
Return on assets (ROA): 1.37% ($2.1 mil)
Quarterly return on assets: 0.99% ($1.5 mil)
Return on Equity (ROE): 4.89% ($2.1 mil)
Quarterly return on equity: 3.54% ($1.5 mil)
Net income: $2.0 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 2.01% ($3,116.0 mil)
Quarterly Pretax return on assets: 1.28% ($1,984.3 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)24
Total assets$155,023
Cash and due from depository institutions$11,391
Interest-bearing balances$8,678
Securities$70,508
Federal funds sold & reverse repurchase agreements$3,250
Net loans & leases$67,448
Loan loss allowance $1,812
Trading account assets$0
Bank premises and fixed assets$538
Other real estate owned$172
Goodwill and other intangibles$0
All other assets$1,716
Life insurance assets$155,023
Total liabilities and capital$112,748
Total liabilities$95,835
Total deposits$87,760
Interest-bearing deposits$95,835
Deposits held in domestic offices$75
% insured (estimated)14859.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $2,054
All other liabilities $42,275
Total equity capital$42,275
Total bank equity capital$42,275
Perpetual preferred stock$0
Common stock$270
Surplus$1,430
Undivided profits $40,575
Memoranda
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 $666
Earning assets $0
Long-term assets (5+ years) $941
Average Assets, year-to-date $149,884
Average Assets, quarterly $44,403
Volatile liabilities $147,160
Insider loans $151,222
FHLB advances $85,975
Loans and leases held for sale $149,712
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $40,502
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $9,267
Derivatives$814
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,945
Total interest expense $717
Net interest income $5,228
Provision for loan and lease losses $150
Total noninterest income $505
Fiduciary activities $38
Service charges on deposit accounts $258
Trading account gains & fees $0
Additional noninterest income $209
Total noninterest expense $2,631
Salaries and employee benefits $1,761
Premises and equipment expense $223
Additional noninterest expense $647
Pre-tax net operating income $2,952
Securities gains (losses) $2
Applicable income taxes $941
Income before extraordinary items $2,013
Extraordinary gains - net $0
Net income attributable to bank $2,013
Net charge-offs $0
Cash dividends $2,013
Sale, conversion, retirement of capital stock, net $21
Net operating income $333
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.17%
Cost of funding earning assets 0.50%
Net interest margin 3.67%
Noninterest income to earning assets 0.35%
Noninterest expense to earning assets 1.84%
Net operating income to assets 1.37%
Return on assets (ROA) 1.37%
Pretax return on assets 2.01%
Return on equity (ROE) 4.89%
Retained earnings to average equity (YTD only) 4.08%
Net charge-offs to loans 0.03%
Credit loss provision to net charge-offs 714.29%
Efficiency ratio147.71%
Assets per employee$45,892
Cash dividends to net income (YTD only)6.46%
Condition Ratios (%)
Loss allowance to loans 16.54%
Loss allowance to noncurrent loans 2.62%
Noncurrent assets plus other real estate owned to assets 272.07%
Noncurrent loans to loans 0.54%
Net loans and leases to deposits0.96%
Net loans and leases to core deposits 70.38%
Equity capital to assets 85.01%
Core capital (leverage) ratio 27.27%
Tier 1 risk-based capital ratio 27.05%
Total risk-based capital ratio 47.11%
Memoranda
Average assets$48
Average earning assets$147,160
Average equity $41,197
Average loans $142,623
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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$5,888
Number of Accounts1
Personal trust and agency accounts$5,813
Employee benefit-defined contribution accounts$1,471
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$55
Investment management agency accounts$0
Other fiduciary accounts$1,979
Fiduciary accounts held in foreign offices$2,308
Non-managed Assets$0
Number of Accounts12
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$55
Employee benefit-defined benefit accounts$0
Other retirement accounts$75
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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3 Kansas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08001Farmers And Drovers Bank201 West Main Street, Council Grove, KS 66846March 16, 1882Full Service Brick and Mortar
1227518Drive-In Facility426 East Main Street, Council Grove, KS 66846November 04, 1974Limited Service Facility
2263734West Main Branch123 West Main, Council Grove, KS 66846January 01, 1924Limited Service Facility
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