The Farmers Bank and Savings Company in Pomeroy, Ohio (OH), WV
Overview, Financial Summary, Detailed Financial Reports, Branches

The Farmers Bank and Savings Company - Overview

  • General
  • FDIC Certificate #: 769
    Status: Active
    Federal Reserve ID: 58225
    Bank Holding Company (Regulatory Top Holder): Farmers Bancshares, Inc. (RSSDID: 1132814, Location: Pomeroy, OH)
    Date Established: December 04, 1904
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: Yes)
    OTS Docket #: 10728
    FDIC's unique #: 491
    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: All Other Specialization < 1 Billion
    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: 211 West Second Street, Pomeroy, OH 45769
    County: Meigs
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $255.0 mil
    Equity capital: $24.3 mil
    Deposits held in domestic offices: $224.7 mil
    Return on assets (ROA): 1.04% ($2.7 mil)
    Quarterly return on assets: 1.23% ($3.1 mil)
    Return on Equity (ROE): 11.48% ($2.8 mil)
    Quarterly return on equity: 13.01% ($3.1 mil)
    Net income: $2.7 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 1.39% ($3,544.0 mil)
    Quarterly Pretax return on assets: 1.69% ($4,308.9 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
  • 79Total employees (full-time equivalent)
  • $254,963Total assets
  • $7,903Cash and due from depository institutions
  • $4,044Interest-bearing balances
  • $46,821Securities
  • $1,815Federal funds sold & reverse repurchase agreements
  • $185,386Net loans & leases
  • $3,321Loan loss allowance
  • $0Trading account assets
  • $4,630Bank premises and fixed assets
  • $1,900Other real estate owned
  • $0Goodwill and other intangibles
  • $254,963Life insurance assets
  • $6,508All other assets
  • $230,652Total liabilities and capital
  • $224,677Total liabilities
  • $194,713Total deposits
  • $224,677Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 424.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $551Subordinated debt
  • $24,311All other liabilities
  • $24,311Total equity capital
  • $24,311Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $1,000Surplus
  • $22,811Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,876Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,162Income earned, not collected on loans
  • $0Earning assets
  • $977Long-term assets (5+ years)
  • $238,066Average Assets, year-to-date
  • $119,335Average Assets, quarterly
  • $255,637Volatile liabilities
  • $255,924Insider loans
  • $162,621FHLB advances
  • $256,899Loans and leases held for sale
  • $3,679Unused loan commitments
  • $1,843Tier 1 (core) risk-based capital
  • $23,175Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,836Total unused commitments
  • $9,721Restructured Loans and leases
  • $3,571Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,597Total interest income
  • $3,363Total interest expense
  • $10,234Net interest income
  • $1,275Provision for loan and lease losses
  • $1,912Total noninterest income
  • $0Fiduciary activities
  • $1,217Service charges on deposit accounts
  • $0Trading account gains & fees
  • $695Additional noninterest income
  • $7,327Total noninterest expense
  • $3,801Salaries and employee benefits
  • $804Premises and equipment expense
  • $2,722Additional noninterest expense
  • $3,544Pre-tax net operating income
  • $1Securities gains (losses)
  • $892Applicable income taxes
  • $2,653Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,653Net income attributable to bank
  • $0Net charge-offs
  • $2,653Cash dividends
  • $849Sale, conversion, retirement of capital stock, net
  • $712Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.69%Yield on earning assets
  • 1.41%Cost of funding earning assets
  • 4.28%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 3.06%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 11.48%Return on equity (ROE)
  • 8.40%Retained earnings to average equity (YTD only)
  • 0.44%Net charge-offs to loans
  • 150.18%Credit loss provision to net charge-offs
  • 5.68%Efficiency ratio
  • 60,324Assets per employee
  • 3.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 26.84%Loss allowance to loans
  • 1.76%Loss allowance to noncurrent loans
  • 105.03%Noncurrent assets plus other real estate owned to assets
  • 1.99%Noncurrent loans to loans
  • 1.68%Net loans and leases to deposits
  • 82.51%Net loans and leases to core deposits
  • 84.94%Equity capital to assets
  • 9.54%Core capital (leverage) ratio
  • 9.02%Tier 1 risk-based capital ratio
  • 14.25%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $255,637Average earning assets
  • $23,119Average equity
  • $239,100Average loans

List of branches

  • 3 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0491The Farmers Bank And Savings Company211 West Second Street, Pomeroy, OH 45769December 04, 1904Full Service Brick and Mortar
    1185436Tuppers Plains BranchU.S. Highway 7 And S.R. 681, Tuppers Plains, OH 45783May 01, 1987Full Service Brick and Mortar
    2185437Gallipolis Branch164 Upper River Rd, Gallipolis, OH 45631December 02, 1996Full Service Brick and Mortar
  • 2 West Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    3422416Mason Branch424 Second Street, Mason, WV 25260June 30, 2003Full Service Brick and Mortar
    4451490Point Pleasant Branch1716 Jefferson Boulevard, Point Pleasant, WV 25550May 16, 2006Full Service Brick and Mortar

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