Vitals
  • Total Assets
    88.1M -3.1 %
  • Total Deposits
    72.8M -4.5 %
  • Total Net Loans
    63.9M 0.8 %
  • Net Income
    1.0M -10.7 %
  • Book Value
    14.2M 4.3 %
  • Book Value x2
    28.5M 4.3 %
  • Book Value x3
    42.7M 4.3 %
ROAA

1.52

ROAE

9.839

Efficiency Ratio

45.578

Net Interest Margin

4.062

Balance Sheet Highlights
Financial Highlights The Farwell State Savings Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 88,104 237,882
Total Net Loans 63,900 191,593
Total Deposits 72,803 193,021
Total Equity 14,239 23,817
Profitability
Net Income 1,022 12,085
Return on Average Assets 1.52 1.261
Return on Average Equity 9.839 10.873
Net Interest Margin 4.062 4.247
Efficiency Ratio 45.578 65.716
Noninterest Income/Revenue 6.326 11.707
Balance Sheet Ratios
Loan-to-Deposit 87.771 90.941
Securities/Assets .195 .929
Total Equity/Total Assets .162 .1
Tangible Equity/Tangible Assets .162 -.52
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 14,274 22,275
Tier 2 Capital 594 2,509
Total Capital 14,868 24,378
Total Risk Weighted Assets 47,402 184,280
Leverage Ratio 16.07 10.418
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 30.11 14.253
Total Capital Ratio 31.37 15.409

Timeline for The Farwell State Savings Bank

Fsb Bank

The Farwell State Savings Bank was acquired by Fsb Bank 17 years

View Profile Oct 04 2006

Midland Investment Company

Midland Investment Company became a new parent organization for The Farwell State Savings Bank.

View Profile Dec 31 1970

The Farwell State Savings Bank

The Farwell State Savings Bank was established 104 years ago and is currently headquartered in Farwell, MI.

Sep 19 1919
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Fsb Bank Buyer 260,574 Acquisition Discontinued 10/4/2006
Relationships Role Relationship Start Relationship End
Midland Investment Company Parent 12/31/1970 2/27/1972
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