First Midwest Bank of Dexter in Dexter, Missouri (MO)



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First Midwest Bank of Dexter routing number info

Table of contents:
First Midwest Bank of Dexter
GeneralFDIC Certificate #: 19001
Status: Active
Federal Reserve ID: 770853
Bank Holding Company (Regulatory Top Holder): Midwest Bancorporation, Inc. And Affiliates Esop Trust (RSSDID: 2575230, Location: Poplar Bluff, MO)
Date Established: January 15, 1964
WWW: http://www.fmbdexter.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 12464
FDIC's unique #: 12843
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 15, 1964
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: 20 West Stoddard Street, Dexter, MO 63841
County: Stoddard
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: St. Louis
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $249.5 mil
Equity capital: $22.5 mil
Deposits held in domestic offices: $223.1 mil
Return on assets (ROA): 0.84% ($2.1 mil)
Quarterly return on assets: 0.67% ($1.7 mil)
Return on Equity (ROE): 9.24% ($2.0 mil)
Quarterly return on equity: 7.23% ($1.6 mil)
Net income: $2.0 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.33% ($3,317.9 mil)
Quarterly Pretax return on assets: 1.00% ($2,494.6 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)64
Total assets$249,463
Cash and due from depository institutions$16,279
Interest-bearing balances$6,194
Securities$60,113
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$157,407
Loan loss allowance $2,349
Trading account assets$0
Bank premises and fixed assets$7,896
Other real estate owned$1,284
Goodwill and other intangibles$0
All other assets$6,484
Life insurance assets$249,463
Total liabilities and capital$226,984
Total liabilities$223,110
Total deposits$185,752
Interest-bearing deposits$223,110
Deposits held in domestic offices$85
% insured (estimated)2008.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,074
Other borrowed funds $0
Subordinated debt $792
All other liabilities $22,479
Total equity capital$22,479
Total bank equity capital$22,479
Perpetual preferred stock$0
Common stock$275
Surplus$5,220
Undivided profits $16,984
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $3,555
Income earned, not collected on loans $3,250
Earning assets $0
Long-term assets (5+ years) $1,120
Average Assets, year-to-date $223,714
Average Assets, quarterly $61,841
Volatile liabilities $240,048
Insider loans $243,557
FHLB advances $178,206
Loans and leases held for sale $243,193
Unused loan commitments $2,639
Tier 1 (core) risk-based capital $968
Tier 2 risk-based capital $22,201
Total risk weighted assets $0
Total unused commitments $1,671
Restructured Loans and leases $22,861
Derivatives$952
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $10,169
Total interest expense $2,322
Net interest income $7,847
Provision for loan and lease losses $765
Total noninterest income $1,937
Fiduciary activities $0
Service charges on deposit accounts $633
Trading account gains & fees $0
Additional noninterest income $1,304
Total noninterest expense $6,091
Salaries and employee benefits $3,106
Premises and equipment expense $692
Additional noninterest expense $2,293
Pre-tax net operating income $2,928
Securities gains (losses) $264
Applicable income taxes $1,170
Income before extraordinary items $2,022
Extraordinary gains - net $0
Net income attributable to bank $2,022
Net charge-offs $0
Cash dividends $2,022
Sale, conversion, retirement of capital stock, net $677
Net operating income $741
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.66%
Cost of funding earning assets 1.07%
Net interest margin 3.60%
Noninterest income to earning assets 0.89%
Noninterest expense to earning assets 2.79%
Net operating income to assets 0.77%
Return on assets (ROA) 0.84%
Pretax return on assets 1.33%
Return on equity (ROE) 9.24%
Retained earnings to average equity (YTD only) 5.86%
Net charge-offs to loans 0.42%
Credit loss provision to net charge-offs 113.00%
Efficiency ratio5.45%
Assets per employee$62,255
Cash dividends to net income (YTD only)3.90%
Condition Ratios (%)
Loss allowance to loans 36.65%
Loss allowance to noncurrent loans 1.47%
Noncurrent assets plus other real estate owned to assets 72.28%
Noncurrent loans to loans 1.82%
Net loans and leases to deposits2.03%
Net loans and leases to core deposits 70.55%
Equity capital to assets 78.86%
Core capital (leverage) ratio 9.01%
Tier 1 risk-based capital ratio 9.13%
Total risk-based capital ratio 12.46%
Memoranda
Average assets$14
Average earning assets$240,048
Average equity $21,876
Average loans $218,016
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5 Missouri Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
012843First Midwest Bank Of Dexter20 West Stoddard Street, Dexter, MO 63841January 15, 1964Full Service Brick and Mortar
1247035Dexter Branch819 Bus 60 West, Dexter, MO 63841December 10, 1979Limited Service Facility
2243007Detached Branch12062 Center Street, Dudley, MO 63936June 13, 1977Limited Service Facility
3247036Sikeston Branch630 North Main, Sikeston, MO 63801August 12, 1991Full Service Brick and Mortar
4425216Jackson Branch2319 East Jackson Boulevard, Jackson, MO 63755September 02, 2003Full Service Brick and Mortar
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