Farmers State Bank
New Ross, IN — Domestic Branch of a Domestic Bank
Acquired Apr 2009
Vitals
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Total Assets68.4M 7.7 %
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Total Deposits56.9M 2.7 %
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Total Net Loans40.9M 12.0 %
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Net Income180000.0000 45.2 %
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Book Value6.3M 27.7 %
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Book Value x212.6M 27.7 %
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Book Value x318.8M 27.7 %
Balance Sheet Highlights
Financial Highlights | Farmers State Bank | All Insured Commercial Banks in Indiana |
Balance Sheet $(000) | ||
Total Assets | 68,376 | 370,507 |
Total Net Loans | 40,920 | 260,889 |
Total Deposits | 56,885 | 290,589 |
Total Equity | 6,283 | 35,853 |
Profitability | ||
Net Income | 180 | 948 |
Return on Average Assets | 1.084 | .82 |
Return on Average Equity | 12.117 | 8.487 |
Net Interest Margin | 4.86 | 3.76 |
Efficiency Ratio | 77.853 | 69.771 |
Noninterest Income/Revenue | 15.607 | 15.607 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 71.935 | 84.433 |
Securities/Assets | .237 | .33 |
Total Equity/Total Assets | .092 | .097 |
Tangible Equity/Tangible Assets | .077 | .04 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 4,878 | 33,317 |
Tier 2 Capital | 387 | 3,253 |
Total Capital | 5,265 | 36,952 |
Total Risk Weighted Assets | 47,481 | 282,844 |
Leverage Ratio | 7.45 | 9.794 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.27 | 13.93 |
Total Capital Ratio | 11.09 | 15.089 |
Timeline for Farmers State Bank
Hoosier Heartland State Bank
Farmers State Bank was acquired by Hoosier Heartland State Bank 15 years
View Profile Apr 18 2009Hoosier Heartland State Bancorp
Hoosier Heartland State Bancorp became a new parent organization for Farmers State Bank.
View Profile Dec 09 2008New Ross Bancorp
New Ross Bancorp became a new parent organization for Farmers State Bank.
View Profile Sep 01 1989Farmers State Bank
Farmers State Bank was established 104 years ago and is currently headquartered in New Ross, IN.
Jan 01 1920Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Hoosier Heartland State Bank | Buyer | 165,624 | Pooling of Interests | Discontinued | 4/18/2009 |
Relationships | Role | Relationship Start | Relationship End |
Hoosier Heartland State Bancorp | Parent | 12/9/2008 | 4/17/2009 |
New Ross Bancorp | Parent | 9/1/1989 | 12/8/2008 |
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