Vitals
  • Total Assets
    43.7M 6.8 %
  • Total Deposits
    38.8M 7.0 %
  • Total Net Loans
    21.3M -11.3 %
  • Net Income
    -32000.0000 -142.7 %
  • Book Value
    4.7M 6.4 %
  • Book Value x2
    9.4M 6.4 %
  • Book Value x3
    14.1M 6.4 %
ROAA

-.28

ROAE

-2.701

Efficiency Ratio

107.652

Net Interest Margin

3.413

Balance Sheet Highlights
Financial Highlights Farmers State Bank All Insured Commercial Banks in South Dakota
Balance Sheet $(000)
Total Assets 43,682 365,747
Total Net Loans 21,263 231,436
Total Deposits 38,797 300,776
Total Equity 4,707 49,436
Profitability
Net Income -32 1,104
Return on Average Assets -.28 1.043
Return on Average Equity -2.701 9.26
Net Interest Margin 3.413 3.72
Efficiency Ratio 107.652 66.748
Noninterest Income/Revenue 8.159 18.145
Balance Sheet Ratios
Loan-to-Deposit 54.806 62.595
Securities/Assets .262 .167
Total Equity/Total Assets .108 .135
Tangible Equity/Tangible Assets .108 .122
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 4,422 36,462
Tier 2 Capital 333 2,916
Total Capital 4,755 39,376
Total Risk Weighted Assets 26,360 250,492
Leverage Ratio 9.68 10.261
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 16.78 16.704
Total Capital Ratio 18.04 17.856

Timeline for Farmers State Bank

First National Bank In Philip

Farmers State Bank was acquired by First National Bank In Philip 11 years

View Profile Apr 01 2013

Faith Bank Holding Company

Faith Bank Holding Company became a new parent organization for Farmers State Bank.

View Profile Dec 31 1986

South Dakota Bancshares, Inc.

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

View Profile Apr 05 1983

Farmers State Bank

Farmers State Bank was established 114 years ago and is currently headquartered in Faith, SD.

Apr 06 1910
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First National Bank In Philip Buyer 235,998 Acquisition Discontinued 4/1/2013
Relationships Role Relationship Start Relationship End
Faith Bank Holding Company Parent 12/31/2003 3/31/2013
Faith Bank Holding Company Parent 12/31/1986 12/30/2003
South Dakota Bancshares, Inc. Parent 12/31/1986 8/1/1996
South Dakota Bancshares, Inc. Parent 4/5/1983 12/30/1986
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