PackageTrendsPeer
Letter portraitLegal landscape

Farmers State Bank of Danforth

Danforth, IL · Cert 10802

FDIC · 2 branches

Q3 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2019, the quarter ended September 30, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Farmers State Bank of Danforth

Danforth, IL · Cert 10802

FDIC · 2 branches

Q3 2019

$59.6MAssets
$33.1MLoans
$51.3MDeposits
$7.8MEquity
Loan mix
81%RE $19.9M17%C&I $4.1M2%Consumer $0.6MQ3 2018Q3 2019
Deposit mix
77%Interest-bearing $39.3M23%Noninterest $12.0MQ3 2018Q3 2019

NIM

3.29%Q3 ’173.59%Q3 ’183.74%Q3 ’19+7%+2%

Non-interest income vs. expense

2.59%Q3 ’172.85%Q3 ’182.80%Q3 ’19+15%-15%

Market Position · Kankakee, IL · 2019 SOD (annual) · 1.1% share · #13 of 16 inst. · $0.0B of $1.9B

3.1% Iroquois
1.1% Kankakee

Executive Summary

  • Earnings: ROA of 1.16%, up 19 bps year over year; NIM at 3.39%.
  • Asset quality: problem loans at 0.76% of loans (+59 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 13.32%, up 23 bps from a year ago.
  • Funding: loans stand at 64.40% of deposits as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

1.16%+19 bps YoY

Net Interest Margin (YTD, annualized)

3.39%+5 bps YoY

Efficiency Ratio (YTD, annualized)

63.68%-647 bps YoY

Tier 1 Leverage Ratio

13.32%+23 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets0.98%0.99%0.81%1.05%1.16%+19 bps
Return on Equity8.21%8.28%6.55%8.30%9.09%+88 bps
Net Interest Margin3.34%3.29%3.30%3.35%3.39%+5 bps
Efficiency Ratio70.15%69.30%68.56%65.47%63.68%-647 bps
Non-Interest Burden2.12%2.06%2.02%1.87%1.79%-33 bps
Growth
Asset Growth (YoY)-5.62%-1.35%-0.01%-0.98%1.89%+751 bps
Loan Growth (YoY)1.53%2.56%1.77%-0.07%3.49%+196 bps
Deposit Growth (YoY)-5.22%-0.05%-0.80%-2.22%0.52%+574 bps
Asset Quality
Nonperforming Loans / Loans0.16%0.69%0.22%0.23%0.76%+59 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.03%+2 bps
Allowance / Loans0.74%0.72%0.86%0.85%0.82%+7 bps
Allowance Coverage of NPLs4.6x1.0x3.8x3.8x1.1x-3.5x
Capital
Tier 1 Leverage Ratio13.09%12.68%12.97%13.13%13.32%+23 bps
Total Risk-Based Capital21.17%20.49%20.95%21.47%20.81%-36 bps
Equity / Assets12.32%12.30%12.49%13.31%13.07%+76 bps
Liquidity & Funding
Loans / Deposits62.56%64.80%62.77%65.66%64.40%+185 bps
Liquid Assets / Assets0.03%0.00%0.42%0.48%0.48%+45 bps
CRE / Total Capitaln/an/an/an/an/an/an/a