F&M Bank-Algoma in Algoma, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 03, 2000

F&M Bank-Algoma in Algoma, Wisconsin (WI)
Show street view No street view available for this location

F&M Bank-Algoma - Overview

General
FDIC Certificate #: 15224
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: F & M Bank-Wisconsin (#5305)
Federal Reserve ID: 565246
Date Established: October 16, 1911
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 2 (Interstate: No)
OTS Docket #: 14538
FDIC's unique #: 9578
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 31, 1934
Last Structure Change Effective Date: January 03, 2000
Last Structure Change Process Date: March 29, 2000
Last Data Update: March 29, 2000
Data Source Date: April 05, 2012
Location
Address: 208 Steele Street, Algoma, WI 54201
County: Kewaunee
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Appleton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Green Bay, WI (#24580)
CBSA Metro Statistical Area: Green Bay, WI (#24580)
Financial Summary
Total assets: $101.0 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
28Total employees (full-time equivalent)
$100,963Total assets
$3,053Cash and due from depository institutions
$82Interest-bearing balances
$23,527Securities
$0Federal funds sold & reverse repurchase agreements
$69,269Net loans & leases
$980Loan loss allowance
$0Trading account assets
$3,846Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,268All other assets
$100,963Total liabilities and capital
$93,612Total liabilities
$63,979Total deposits
$55,599Interest-bearing deposits
$63,979Deposits held in domestic offices
0.00%% insured (estimated)
$6,429Federal funds purchased & repurchase agreements
$0Trading liabilities
$22,800Other borrowed funds
$0Subordinated debt
$404All other liabilities
$7,351Total equity capital
$7,351Total bank equity capital
$7,351Perpetual preferred stock
$0Common stock
$460Surplus
$3,250Undivided profits
Memoranda
$3,641Noncurrent loans and leases
$9,882Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$490Earning assets
$0Long-term assets (5+ years)
$457Average Assets, year-to-date
$92,878Average Assets, quarterly
$16,573Volatile liabilities
$85,053Insider loans
$97,490FHLB advances
$13,373Loans and leases held for sale
$1,751Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,882Total unused commitments
$0Restructured Loans and leases
$785Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$6,310Total interest income
$3,246Total interest expense
$3,064Net interest income
$500Provision for loan and lease losses
$358Total noninterest income
$0Fiduciary activities
$163Service charges on deposit accounts
$0Trading account gains & fees
$195Additional noninterest income
$2,133Total noninterest expense
$1,093Salaries and employee benefits
$261Premises and equipment expense
$779Additional noninterest expense
$789Pre-tax net operating income
-$18Securities gains (losses)
$77Applicable income taxes
$694Income before extraordinary items
$0Extraordinary gains - net
$694Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$52Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.00%Yield on earning assets
4.12%Cost of funding earning assets
3.89%Net interest margin
0.45%Noninterest income to earning assets
2.71%Noninterest expense to earning assets
0.84%Net operating income to assets
0.82%Return on assets (ROA)
0.91%Pretax return on assets
11.34%Return on equity (ROE)
11.34%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
961.54%Credit loss provision to net charge-offs
24.79%Efficiency ratio
62,332Assets per employee
3.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
200.00%Noncurrent assets plus other real estate owned to assets
0.49%Noncurrent loans to loans
0.70%Net loans and leases to deposits
108.27%Net loans and leases to core deposits
121.45%Equity capital to assets
7.28%Core capital (leverage) ratio
7.75%Tier 1 risk-based capital ratio
12.23%Total risk-based capital ratio
Memoranda
$13Average assets
$85,053Average earning assets
$6,121Average equity
$78,844Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with F&M Bank-Algoma.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.