Farmers and Drovers Bank in Council Grove, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Drovers Bank - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Changes
  • Corrections
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 24Total employees (full-time equivalent)
  • $155,023Total assets
  • $11,391Cash and due from depository institutions
  • $8,678Interest-bearing balances
  • $70,508Securities
  • $3,250Federal funds sold & reverse repurchase agreements
  • $67,448Net loans & leases
  • $1,812Loan loss allowance
  • $0Trading account assets
  • $538Bank premises and fixed assets
  • $172Other real estate owned
  • $0Goodwill and other intangibles
  • $155,023Life insurance assets
  • $1,716All other assets
  • $112,748Total liabilities and capital
  • $95,835Total liabilities
  • $87,760Total deposits
  • $95,835Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 14859.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,054Subordinated debt
  • $42,275All other liabilities
  • $42,275Total equity capital
  • $42,275Total bank equity capital
  • $0Perpetual preferred stock
  • $270Common stock
  • $1,430Surplus
  • $40,575Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $666Income earned, not collected on loans
  • $0Earning assets
  • $941Long-term assets (5+ years)
  • $149,884Average Assets, year-to-date
  • $44,403Average Assets, quarterly
  • $147,160Volatile liabilities
  • $151,222Insider loans
  • $85,975FHLB advances
  • $149,712Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $40,502Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,267Restructured Loans and leases
  • $814Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,945Total interest income
  • $717Total interest expense
  • $5,228Net interest income
  • $150Provision for loan and lease losses
  • $505Total noninterest income
  • $38Fiduciary activities
  • $258Service charges on deposit accounts
  • $0Trading account gains & fees
  • $209Additional noninterest income
  • $2,631Total noninterest expense
  • $1,761Salaries and employee benefits
  • $223Premises and equipment expense
  • $647Additional noninterest expense
  • $2,952Pre-tax net operating income
  • $2Securities gains (losses)
  • $941Applicable income taxes
  • $2,013Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,013Net income attributable to bank
  • $0Net charge-offs
  • $2,013Cash dividends
  • $21Sale, conversion, retirement of capital stock, net
  • $333Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.17%Yield on earning assets
  • 0.50%Cost of funding earning assets
  • 3.67%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 1.84%Noninterest expense to earning assets
  • 1.37%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 2.01%Pretax return on assets
  • 4.89%Return on equity (ROE)
  • 4.08%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 714.29%Credit loss provision to net charge-offs
  • 147.71%Efficiency ratio
  • 45,892Assets per employee
  • 6.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.54%Loss allowance to loans
  • 2.62%Loss allowance to noncurrent loans
  • 272.07%Noncurrent assets plus other real estate owned to assets
  • 0.54%Noncurrent loans to loans
  • 0.96%Net loans and leases to deposits
  • 70.38%Net loans and leases to core deposits
  • 85.01%Equity capital to assets
  • 27.27%Core capital (leverage) ratio
  • 27.05%Tier 1 risk-based capital ratio
  • 47.11%Total risk-based capital ratio
  • Memoranda
  • $48Average assets
  • $147,160Average earning assets
  • $41,197Average equity
  • $142,623Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $5,888Managed Assets
  • 1Number of Accounts
  • $5,813Personal trust and agency accounts
  • $1,471Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $55Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,979Other fiduciary accounts
  • $2,308Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 12Number of Accounts
  • $0Personal trust and agency accounts
  • $55Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $75Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 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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