FDIC Certificate #: 35595 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:F & M Community Bank, National Association (#10967) Federal Reserve ID: 2917924 Date Established: October 02, 2000 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 291921 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: October 02, 2000 Last Structure Change Effective Date: July 01, 2002 Last Structure Change Process Date: August 28, 2002 Last Data Update: August 28, 2002 Data Source Date: April 05, 2012
Location
Address: 229 Main Street North, Chatfield, MN 55923 County: Olmsted Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Rochester, MN (#6820) Core Based Statistical Area (CBSA): Rochester, MN (#40340) CBSA Metro Statistical Area: Rochester, MN (#40340)
Financial Summary
Total assets: $9.0 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2001)
Dollar figures in thousands
6Total employees (full-time equivalent)
$8,217Total assets
$385Cash and due from depository institutions
$0Interest-bearing balances
$1,159Securities
$0Federal funds sold & reverse repurchase agreements
$6,141Net loans & leases
$56Loan loss allowance
$0Trading account assets
$335Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$197All other assets
$8,217Total liabilities and capital
$6,325Total liabilities
$6,233Total deposits
$5,544Interest-bearing deposits
$6,233Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$92All other liabilities
$1,892Total equity capital
$1,892Total bank equity capital
$1,892Perpetual preferred stock
$0Common stock
$500Surplus
$1,577Undivided profits
Memoranda
$-185Noncurrent loans and leases
$542Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3Earning assets
$0Long-term assets (5+ years)
$48Average Assets, year-to-date
$7,300Average Assets, quarterly
$594Volatile liabilities
$6,095Insider loans
$7,326FHLB advances
$1,754Loans and leases held for sale
$41Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$542Total unused commitments
$0Restructured Loans and leases
$56Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$572Total interest income
$151Total interest expense
$421Net interest income
$37Provision for loan and lease losses
$54Total noninterest income
$0Fiduciary activities
$42Service charges on deposit accounts
$0Trading account gains & fees
$12Additional noninterest income
$548Total noninterest expense
$236Salaries and employee benefits
$110Premises and equipment expense
$202Additional noninterest expense
-$110Pre-tax net operating income
$0Securities gains (losses)
-$69Applicable income taxes
-$41Income before extraordinary items
$0Extraordinary gains - net
-$41Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$5Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
11.01%Yield on earning assets
2.91%Cost of funding earning assets
8.10%Net interest margin
1.04%Noninterest income to earning assets
10.55%Noninterest expense to earning assets
-0.67%Net operating income to assets
-0.67%Return on assets (ROA)
-1.80%Pretax return on assets
-2.15%Return on equity (ROE)
-2.15%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
740.00%Credit loss provision to net charge-offs
-14.60%Efficiency ratio
115,368Assets per employee
1.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.90%Loss allowance to noncurrent loans
1866.67%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.05%Net loans and leases to deposits
98.52%Net loans and leases to core deposits
137.11%Equity capital to assets
23.03%Core capital (leverage) ratio
24.66%Tier 1 risk-based capital ratio
30.35%Total risk-based capital ratio
Memoranda
$31Average assets
$6,095Average earning assets
$1,910Average equity
$5,195Average loans
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