Farmers State Bank
Mentone, IN — Domestic Branch of a Domestic Bank
Acquired Jun 2016
Vitals
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Total Assets147.1M 9.2 %
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Total Deposits121.4M 11.0 %
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Total Net Loans100.1M 2.6 %
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Net Income399000.0000 66.3 %
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Book Value15.5M 5.5 %
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Book Value x231.0M 5.5 %
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Book Value x346.5M 5.5 %
Balance Sheet Highlights
Financial Highlights | Farmers State Bank | All Insured Commercial Banks in Indiana |
Balance Sheet $(000) | ||
Total Assets | 147,076 | 550,577 |
Total Net Loans | 100,123 | 365,787 |
Total Deposits | 121,421 | 449,053 |
Total Equity | 15,484 | 58,186 |
Profitability | ||
Net Income | 399 | 1,322 |
Return on Average Assets | 1.09 | .919 |
Return on Average Equity | 10.385 | 8.559 |
Net Interest Margin | 3.647 | 3.69 |
Efficiency Ratio | 72.445 | 67.086 |
Noninterest Income/Revenue | 14.153 | 18.739 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 82.459 | 78.304 |
Securities/Assets | .128 | .195 |
Total Equity/Total Assets | .105 | .106 |
Tangible Equity/Tangible Assets | .105 | .1 |
Capital Adequacy | ||
Tier 1 Common Capital | 15,420 | 53,499 |
Tier 1 Capital | 15,420 | 53,503 |
Tier 2 Capital | 1,366 | 4,250 |
Total Capital | 16,786 | 57,746 |
Total Risk Weighted Assets | 108,702 | 396,444 |
Leverage Ratio | 10.53 | 10.595 |
Common Equity Tier 1 Capital Ratio | 14.19 | 15.721 |
Tier 1 Capital Ratio | 14.19 | 15.722 |
Total Capital Ratio | 15.44 | 16.901 |
Timeline for Farmers State Bank
Horizon Bank, National Association
Farmers State Bank was acquired by Horizon Bank, National Association 7 years
View Profile Jun 01 2016Kosciusko Financial, Inc.
Kosciusko Financial, Inc. became a new parent organization for Farmers State Bank.
View Profile Dec 21 1982Farmers State Bank
Farmers State Bank was established 132 years ago and is currently headquartered in Mentone, IN.
Jan 01 1892Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Horizon Bank, National Association | Buyer | 3,308,763 | Acquisition | Discontinued | 6/1/2016 |
Relationships | Role | Relationship Start | Relationship End |
Kosciusko Financial, Inc. | Parent | 12/31/1983 | 5/31/2016 |
Kosciusko Financial, Inc. | Parent | 12/21/1982 | 12/30/1983 |
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