The Farmers State Bank in New Madison, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Farmers State Bank - Overview

  • General
  • FDIC Certificate #: 14991
    Status: Active
    Federal Reserve ID: 370721
    Bank Holding Company (Regulatory Top Holder): Fsb Financial Corp (RSSDID: 1071605, Location: New Madison, OH)
    Date Established: January 01, 1919
    WWW: http://www.myfsbdirect.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 #: 10240
    FDIC's unique #: 9394
    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 17, 1935
    Last Structure Change Effective Date: January 04, 2012
    Last Structure Change Process Date: January 04, 2012
    Last Data Update: January 04, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 South Main Street, New Madison, OH 45346
    County: Darke
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Cincinnati
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Dayton-Springfield-Greenville, OH (#212)
    Core Based Statistical Area (CBSA): Greenville, OH (#24820)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $125.8 mil
    Equity capital: $14.0 mil
    Deposits held in domestic offices: $109.1 mil
    Return on assets (ROA): 0.87% ($1.1 mil)
    Quarterly return on assets: 1.04% ($1.3 mil)
    Return on Equity (ROE): 7.93% ($1.1 mil)
    Quarterly return on equity: 9.29% ($1.3 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.18% ($1,484.4 mil)
    Quarterly Pretax return on assets: 1.21% ($1,522.1 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
  • 38Total employees (full-time equivalent)
  • $125,797Total assets
  • $8,018Cash and due from depository institutions
  • $7,363Interest-bearing balances
  • $25,772Securities
  • $105Federal funds sold & reverse repurchase agreements
  • $82,914Net loans & leases
  • $1,500Loan loss allowance
  • $0Trading account assets
  • $1,696Bank premises and fixed assets
  • $454Other real estate owned
  • $196Goodwill and other intangibles
  • $125,797Life insurance assets
  • $6,642All other assets
  • $111,837Total liabilities and capital
  • $109,062Total liabilities
  • $99,877Total deposits
  • $109,062Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,061Trading liabilities
  • $0Other borrowed funds
  • $1,714Subordinated debt
  • $13,960All other liabilities
  • $13,960Total equity capital
  • $13,960Total bank equity capital
  • $0Perpetual preferred stock
  • $110Common stock
  • $1,890Surplus
  • $11,960Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $344Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $507Income earned, not collected on loans
  • $0Earning assets
  • $891Long-term assets (5+ years)
  • $116,154Average Assets, year-to-date
  • $27,036Average Assets, quarterly
  • $121,854Volatile liabilities
  • $124,569Insider loans
  • $80,535FHLB advances
  • $125,244Loans and leases held for sale
  • $3,199Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,867Tier 2 risk-based capital
  • $3,199Total risk weighted assets
  • $0Total unused commitments
  • $7,857Restructured Loans and leases
  • $336Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,930Total interest income
  • $1,168Total interest expense
  • $4,762Net interest income
  • $473Provision for loan and lease losses
  • $812Total noninterest income
  • $0Fiduciary activities
  • $123Service charges on deposit accounts
  • $0Trading account gains & fees
  • $689Additional noninterest income
  • $3,690Total noninterest expense
  • $2,015Salaries and employee benefits
  • $369Premises and equipment expense
  • $1,306Additional noninterest expense
  • $1,411Pre-tax net operating income
  • $21Securities gains (losses)
  • $368Applicable income taxes
  • $1,064Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,064Net income attributable to bank
  • $0Net charge-offs
  • $1,064Cash dividends
  • $208Sale, conversion, retirement of capital stock, net
  • $176Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.28%Yield on earning assets
  • 1.04%Cost of funding earning assets
  • 4.24%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 3.28%Noninterest expense to earning assets
  • 0.86%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 7.93%Return on equity (ROE)
  • 6.62%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 227.40%Credit loss provision to net charge-offs
  • 9.06%Efficiency ratio
  • 66,200Assets per employee
  • 3.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.54%Loss allowance to loans
  • 1.78%Loss allowance to noncurrent loans
  • 295.86%Noncurrent assets plus other real estate owned to assets
  • 0.76%Noncurrent loans to loans
  • 0.60%Net loans and leases to deposits
  • 76.02%Net loans and leases to core deposits
  • 85.80%Equity capital to assets
  • 11.10%Core capital (leverage) ratio
  • 11.07%Tier 1 risk-based capital ratio
  • 17.22%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $121,854Average earning assets
  • $13,416Average equity
  • $112,362Average loans

List of branches

  • 5 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09394The Farmers State Bank101 South Main Street, New Madison, OH 45346January 01, 1919Full Service Brick and Mortar
    1232708Greenville Branch1107 Sweitzer Street, Greenville, OH 45331Febuary 22, 1980Full Service Brick and Mortar
    2232709New Paris Branch618 South Washington Street, New Paris, OH 45347August 11, 1989Full Service Brick and Mortar
    3358159Wagner Avenue Branch675 Wagner Avenue, Greenville, OH 45331September 05, 2000Full Service Brick and Mortar
    4489965Springboro Branch65 West Central Avenue, Springboro, OH 45066April 06, 2009Full Service Brick and Mortar

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