The Farmers National Bank of Ridgeway in Bethany, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 13, 1993

The Farmers National Bank of Ridgeway in Bethany, Missouri (MO)
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The Farmers National Bank of Ridgeway - Overview

General
FDIC Certificate #: 4560
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank Northwest (#16601)
Federal Reserve ID: 243852
Date Established: April 10, 1925
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 3020
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 13, 1993
Last Structure Change Process Date: October 06, 1993
Last Data Update: October 06, 1993
Data Source Date: April 05, 2012
Location
Address: 2804 Miller, Bethany, MO 64424
County: Harrison
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Kansas City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $14.7 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$12Total assets
$14,614Cash and due from depository institutions
$1,078Interest-bearing balances
$0Securities
$3,619Federal funds sold & reverse repurchase agreements
$800Net loans & leases
$8,343Loan loss allowance
$198Trading account assets
$0Bank premises and fixed assets
$567Other real estate owned
$0Goodwill and other intangibles
$190Life insurance assets
$17All other assets
$0Total liabilities and capital
$14,614Total liabilities
$13,755Total deposits
$13,646Interest-bearing deposits
$11,515Deposits held in domestic offices
13646.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$109Total equity capital
$109Total bank equity capital
$859Perpetual preferred stock
$0Common stock
$75Surplus
$701Undivided profits
Memoranda
$83Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$132Income earned, not collected on loans
$138Earning assets
$12,762Long-term assets (5+ years)
$1,739Average Assets, year-to-date
$14,146Average Assets, quarterly
$14,286Volatile liabilities
$1,208Insider loans
$48FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$415Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$842Total risk weighted assets
$8,459Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$1,100Total interest expense
$532Net interest income
$568Provision for loan and lease losses
$103Total noninterest income
$84Fiduciary activities
$0Service charges on deposit accounts
$66Trading account gains & fees
$0Additional noninterest income
$18Total noninterest expense
$500Salaries and employee benefits
$247Premises and equipment expense
$78Additional noninterest expense
$175Pre-tax net operating income
$49Securities gains (losses)
$37Applicable income taxes
$45Income before extraordinary items
$41Extraordinary gains - net
$0Net income attributable to bank
$41Net charge-offs
$44Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.87%Cost of funding earning assets
4.29%Net interest margin
4.58%Noninterest income to earning assets
0.68%Noninterest expense to earning assets
4.03%Net operating income to assets
0.12%Return on assets (ROA)
0.29%Pretax return on assets
0.61%Return on equity (ROE)
4.75%Retained earnings to average equity (YTD only)
4.75%Net charge-offs to loans
0.51%Credit loss provision to net charge-offs
234.09%Efficiency ratio
76,687Assets per employee
1.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.32%Loss allowance to noncurrent loans
150.00%Noncurrent assets plus other real estate owned to assets
0.90%Noncurrent loans to loans
1.55%Net loans and leases to deposits
61.14%Net loans and leases to core deposits
67.08%Equity capital to assets
5.88%Core capital (leverage) ratio
6.23%Tier 1 risk-based capital ratio
9.95%Total risk-based capital ratio
Memoranda
$11Average assets
$14,146Average earning assets
$863Average equity
$12,395Average loans

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