Vitals
  • Total Assets
    49.4M 3.2 %
  • Total Deposits
    44.3M 3.3 %
  • Total Net Loans
    35.5M 7.5 %
  • Net Income
    404000.0000 30.3 %
  • Book Value
    5.1M 1.9 %
  • Book Value x2
    10.2M 1.9 %
  • Book Value x3
    15.3M 1.9 %
ROAA

.838

ROAE

8.008

Efficiency Ratio

75.167

Net Interest Margin

4.521

Balance Sheet Highlights
Financial Highlights Farmers State Bank Of West Concord All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 49,398 147,703
Total Net Loans 35,526 97,223
Total Deposits 44,281 126,600
Total Equity 5,111 15,565
Profitability
Net Income 404 1,683
Return on Average Assets .838 1.08
Return on Average Equity 8.008 9.905
Net Interest Margin 4.521 3.845
Efficiency Ratio 75.167 68.21
Noninterest Income/Revenue 6.853 13.68
Balance Sheet Ratios
Loan-to-Deposit 80.229 75.205
Securities/Assets .19 .174
Total Equity/Total Assets .103 .105
Tangible Equity/Tangible Assets .103 .103
Capital Adequacy
Tier 1 Common Capital 5,165 15,225
Tier 1 Capital 5,165 15,232
Tier 2 Capital 396 1,135
Total Capital 5,561 16,386
Total Risk Weighted Assets 31,582 105,251
Leverage Ratio 10.5 10.475
Common Equity Tier 1 Capital Ratio 16.35 15.3
Tier 1 Capital Ratio 16.35 15.308
Total Capital Ratio 17.61 16.398

Timeline for Farmers State Bank Of West Concord

First National Bank In West Concord

Acquisition: Farmers State Bank Of West Concord acquired a new subsidiary, First National Bank In West Concord, 37 years

View Profile Mar 06 1987

West Concord Bancshares, Inc.

West Concord Bancshares, Inc. became a new parent organization for Farmers State Bank Of West Concord.

View Profile Sep 23 1985

Farmers State Bank Of West Concord

Farmers State Bank Of West Concord was established 93 years ago and is currently headquartered in West Concord, MN.

Jun 02 1930
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First National Bank In West Concord Seller 9,068 Failure 3/6/1987
Relationships Role Relationship Start Relationship End
West Concord Bancshares, Inc. Parent 12/31/1996
West Concord Bancshares, Inc. Parent 9/23/1985 12/30/1996
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