FDIC Certificate #: 16355 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Farmers & Merchants Bank (#16216) Federal Reserve ID: 172840 Date Established: January 02, 1942 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 12550 FDIC's unique #: 10539 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: January 02, 1946 Last Structure Change Effective Date: June 02, 2008 Last Structure Change Process Date: June 03, 2008 Last Data Update: June 03, 2008 Data Source Date: April 05, 2012
Location
Address: Highway 9, 10 And 60 East, Perryville, AR 72126 County: Perry Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Little Rock Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Combined Statistical Area (CSA): Little Rock-North Little Rock-Pine Bluff, AR (#340) Core Based Statistical Area (CBSA): Little Rock-North Little Rock-Conway, AR (#30780) CBSA Metro Statistical Area: Little Rock-North Little Rock-Conway, AR (#30780)
Financial Summary
Total assets: $130.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2007)
Dollar figures in thousands
39Total employees (full-time equivalent)
$116,432Total assets
$2,657Cash and due from depository institutions
$9Interest-bearing balances
$30,639Securities
$2,430Federal funds sold & reverse repurchase agreements
$72,289Net loans & leases
$1,345Loan loss allowance
$0Trading account assets
$3,532Bank premises and fixed assets
$217Other real estate owned
$0Goodwill and other intangibles
$2,417Life insurance assets
$4,668All other assets
$116,432Total liabilities and capital
$102,486Total liabilities
$91,238Total deposits
$81,388Interest-bearing deposits
$91,238Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$10,580Other borrowed funds
$0Subordinated debt
$668All other liabilities
$13,946Total equity capital
$13,946Total bank equity capital
$13,946Perpetual preferred stock
$0Common stock
$400Surplus
$4,800Undivided profits
Memoranda
$8,746Noncurrent loans and leases
$10,738Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$660Earning assets
$0Long-term assets (5+ years)
$1,176Average Assets, year-to-date
$105,367Average Assets, quarterly
$31,171Volatile liabilities
$121,661Insider loans
$118,663FHLB advances
$35,113Loans and leases held for sale
$1,406Unused loan commitments
$10,580Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,738Total unused commitments
$1,282Restructured Loans and leases
$1,026Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$8,982Total interest income
$3,983Total interest expense
$4,999Net interest income
$0Provision for loan and lease losses
$609Total noninterest income
$0Fiduciary activities
$410Service charges on deposit accounts
$0Trading account gains & fees
$199Additional noninterest income
$3,564Total noninterest expense
$2,149Salaries and employee benefits
$405Premises and equipment expense
$1,010Additional noninterest expense
$2,044Pre-tax net operating income
-$673Securities gains (losses)
$0Applicable income taxes
$1,371Income before extraordinary items
$0Extraordinary gains - net
$1,371Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$39Sale, conversion, retirement of capital stock, net
$872Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.11%Yield on earning assets
3.60%Cost of funding earning assets
4.51%Net interest margin
0.55%Noninterest income to earning assets
3.22%Noninterest expense to earning assets
1.68%Net operating income to assets
1.13%Return on assets (ROA)
1.13%Pretax return on assets
10.45%Return on equity (ROE)
3.80%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
52.41%Efficiency ratio
63,552Assets per employee
2.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.60%Loss allowance to loans
1.83%Loss allowance to noncurrent loans
203.79%Noncurrent assets plus other real estate owned to assets
0.75%Noncurrent loans to loans
0.90%Net loans and leases to deposits
79.23%Net loans and leases to core deposits
121.24%Equity capital to assets
11.98%Core capital (leverage) ratio
11.73%Tier 1 risk-based capital ratio
16.90%Total risk-based capital ratio
Memoranda
$18Average assets
$121,661Average earning assets
$13,120Average equity
$110,720Average loans
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