Vitals
  • Total Assets
    30.4M 12.2 %
  • Total Deposits
    23.1M 6.2 %
  • Total Net Loans
    20.5M 9.3 %
  • Net Income
    439000.0000 -11.1 %
  • Book Value
    2.9M -2.0 %
  • Book Value x2
    5.7M -2.0 %
  • Book Value x3
    8.6M -2.0 %
ROAA

1.448

ROAE

15.545

Efficiency Ratio

44.308

Net Interest Margin

4.274

Balance Sheet Highlights
Financial Highlights Farmers State Bank All Insured Commercial Banks in North Dakota
Balance Sheet $(000)
Total Assets 30,441 94,880
Total Net Loans 20,501 64,306
Total Deposits 23,146 72,256
Total Equity 2,866 8,870
Profitability
Net Income 439 1,343
Return on Average Assets 1.448 1.285
Return on Average Equity 15.545 12.862
Net Interest Margin 4.274 4.338
Efficiency Ratio 44.308 61.995
Noninterest Income/Revenue 5.935 10.474
Balance Sheet Ratios
Loan-to-Deposit 88.573 77
Securities/Assets .226 .291
Total Equity/Total Assets .094 .093
Tangible Equity/Tangible Assets .094 .059
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 2,900 8,574
Tier 2 Capital 284 816
Total Capital 3,184 9,402
Total Risk Weighted Assets 22,544 71,431
Leverage Ratio 9.28 9.943
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.86 13.931
Total Capital Ratio 14.12 15.108

Timeline for Farmers State Bank

First International Bank & Trust

Farmers State Bank was acquired by First International Bank & Trust 19 years

View Profile Mar 11 2006

Elgin Bancshares, Inc.

Elgin Bancshares, Inc. became a new parent organization for Farmers State Bank.

View Profile Apr 07 1995

Farmers State Bank

Farmers State Bank was established 115 years ago and is currently headquartered in Elgin, ND.

Jun 01 1910
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First International Bank & Trust Buyer 2,228,178 Acquisition Discontinued 3/11/2006
Relationships Role Relationship Start Relationship End
Elgin Bancshares, Inc. Parent 4/7/1995 3/10/2006
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