FDIC Certificate #: 12284 Status: Active Federal Reserve ID: 273859 Date Established: May 02, 1910 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 7806 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 101 East Second Street, Duke, OK 73532 County: Jackson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Oklahoma City Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Altus, OK (#11060) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $18.0 mil Equity capital: $1.8 mil Deposits held in domestic offices: $16.1 mil Return on assets (ROA): 0.22% ($0.0 mil) Quarterly return on assets: -0.23% (-$0.0 mil) Return on Equity (ROE): 2.13% ($0.0 mil) Quarterly return on equity: -2.18% (-$0.0 mil) Net income: $0.0 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.22% ($39.6 mil) Quarterly Pretax return on assets: -0.23% (-$41.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
5Total employees (full-time equivalent)
$17,978Total assets
$532Cash and due from depository institutions
$250Interest-bearing balances
$4,801Securities
$7,739Federal funds sold & reverse repurchase agreements
$4,584Net loans & leases
$76Loan loss allowance
$0Trading account assets
$22Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$17,978Life insurance assets
$300All other assets
$16,159Total liabilities and capital
$16,129Total liabilities
$9,098Total deposits
$16,129Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$30Subordinated debt
$1,819All other liabilities
$1,819Total equity capital
$1,819Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$225Surplus
$1,444Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$71Long-term assets (5+ years)
$17,374Average Assets, year-to-date
$882Average Assets, quarterly
$17,416Volatile liabilities
$17,721Insider loans
$8,032FHLB advances
$18,143Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,819Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$398Restructured Loans and leases
$214Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$410Total interest income
$91Total interest expense
$319Net interest income
$0Provision for loan and lease losses
$78Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$78Additional noninterest income
$358Total noninterest expense
$191Salaries and employee benefits
$8Premises and equipment expense
$159Additional noninterest expense
$39Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$39Income before extraordinary items
$0Extraordinary gains - net
$39Net income attributable to bank
$0Net charge-offs
$39Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$30Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.46%Yield on earning assets
0.55%Cost of funding earning assets
1.91%Net interest margin
0.47%Noninterest income to earning assets
2.15%Noninterest expense to earning assets
0.22%Net operating income to assets
0.22%Return on assets (ROA)
0.22%Pretax return on assets
2.13%Return on equity (ROE)
0.49%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
90,176Assets per employee
3.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
76.92%Loss allowance to loans
1.63%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
28.42%Net loans and leases to core deposits
29.61%Equity capital to assets
10.12%Core capital (leverage) ratio
10.03%Tier 1 risk-based capital ratio
22.65%Total risk-based capital ratio
Memoranda
$24Average assets
$17,416Average earning assets
$1,830Average equity
$16,680Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
7806
Farmers & Merchants Bank
101 East Second Street, Duke, OK 73532
May 02, 1910
Full Service Brick and Mortar
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