Farmers and Merchants State Bank of Neola, Iowa in Neola, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmers and Merchants State Bank of Neola, Iowa - Overview

  • General
  • FDIC Certificate #: 8756
    Status: Active
    Federal Reserve ID: 864248
    Bank Holding Company (Regulatory Top Holder): Fmsb Bancorp (RSSDID: 2072270, Location: Neola, IA)
    Date Established: January 01, 1886
    WWW: http://www.fmsb-iowa.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 5573
    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: 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: 300 Front Street, Neola, IA 51559
    County: Pottawattamie
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Omaha
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Omaha, NE-IA (#5920)
    Combined Statistical Area (CSA): Omaha-Council Bluffs-Fremont, NE-IA (#420)
    Core Based Statistical Area (CBSA): Omaha-Council Bluffs, NE-IA (#36540)
    CBSA Metro Statistical Area: Omaha-Council Bluffs, NE-IA (#36540)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $55.9 mil
    Equity capital: $5.3 mil
    Deposits held in domestic offices: $50.4 mil
    Return on assets (ROA): 0.57% ($0.3 mil)
    Quarterly return on assets: 0.78% ($0.4 mil)
    Return on Equity (ROE): 6.19% ($0.3 mil)
    Quarterly return on equity: 8.29% ($0.4 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.60% ($335.4 mil)
    Quarterly Pretax return on assets: 0.81% ($452.8 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
  • 14Total employees (full-time equivalent)
  • $55,905Total assets
  • $6,274Cash and due from depository institutions
  • $506Interest-bearing balances
  • $12,594Securities
  • $13,471Federal funds sold & reverse repurchase agreements
  • $22,798Net loans & leases
  • $204Loan loss allowance
  • $0Trading account assets
  • $234Bank premises and fixed assets
  • $75Other real estate owned
  • $0Goodwill and other intangibles
  • $55,905Life insurance assets
  • $459All other assets
  • $50,581Total liabilities and capital
  • $50,417Total liabilities
  • $40,709Total deposits
  • $50,417Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $164Subordinated debt
  • $5,324All other liabilities
  • $5,324Total equity capital
  • $5,324Total bank equity capital
  • $0Perpetual preferred stock
  • $300Common stock
  • $700Surplus
  • $4,324Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $76Income earned, not collected on loans
  • $0Earning assets
  • $353Long-term assets (5+ years)
  • $49,369Average Assets, year-to-date
  • $14,768Average Assets, quarterly
  • $54,953Volatile liabilities
  • $55,915Insider loans
  • $26,976FHLB advances
  • $56,857Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,029Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,645Restructured Loans and leases
  • $586Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,669Total interest income
  • $307Total interest expense
  • $1,362Net interest income
  • $0Provision for loan and lease losses
  • $203Total noninterest income
  • $4Fiduciary activities
  • $137Service charges on deposit accounts
  • $0Trading account gains & fees
  • $62Additional noninterest income
  • $1,235Total noninterest expense
  • $787Salaries and employee benefits
  • $73Premises and equipment expense
  • $375Additional noninterest expense
  • $330Pre-tax net operating income
  • $0Securities gains (losses)
  • $15Applicable income taxes
  • $315Income before extraordinary items
  • $0Extraordinary gains - net
  • $315Net income attributable to bank
  • $0Net charge-offs
  • $315Cash dividends
  • $19Sale, conversion, retirement of capital stock, net
  • $250Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.37%Yield on earning assets
  • 0.62%Cost of funding earning assets
  • 2.75%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 2.49%Noninterest expense to earning assets
  • 0.57%Net operating income to assets
  • 0.57%Return on assets (ROA)
  • 0.60%Pretax return on assets
  • 6.19%Return on equity (ROE)
  • 1.28%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 17.37%Efficiency ratio
  • 78,914Assets per employee
  • 3.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 79.37%Loss allowance to loans
  • 0.89%Loss allowance to noncurrent loans
  • 268.42%Noncurrent assets plus other real estate owned to assets
  • 0.27%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 45.22%Net loans and leases to core deposits
  • 48.88%Equity capital to assets
  • 9.52%Core capital (leverage) ratio
  • 8.84%Tier 1 risk-based capital ratio
  • 18.64%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $54,953Average earning assets
  • $5,092Average equity
  • $49,564Average 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
  • $5,180Managed Assets
  • 1Number of Accounts
  • $5,180Personal trust and agency accounts
  • $5,180Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 4Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05573Farmers And Merchants State Bank Of Neola, Iowa300 Front Street, Neola, IA 51559January 01, 1886Full Service Brick and Mortar
    1218903Minden Branch301 Broadway, Minden, IA 51553April 09, 1931Full Service Brick and Mortar

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