FDIC Certificate #: 9188 Status: Active Federal Reserve ID: 322757 Bank Holding Company (Regulatory Top Holder): Chester County Bancshares, Inc. (RSSDID: 1248582, Location: Henderson, TN) Date Established: January 01, 1909 WWW:http://www.fmbtn.net Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 14332 FDIC's unique #: 5882 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion 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: 119 Main Street, Adamsville, TN 38310 County: Mcnairy Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $31.7 mil Equity capital: $4.0 mil Deposits held in domestic offices: $25.6 mil Return on assets (ROA): -0.01% (-$0.0 mil) Quarterly return on assets: 0.83% ($0.3 mil) Return on Equity (ROE): -0.05% (-$0.0 mil) Quarterly return on equity: 6.59% ($0.3 mil) Net income: -$0.0 mil Quarterly Net income: $0.1 mil Pretax return on assets: -0.20% (-$63.4 mil) Quarterly Pretax return on assets: 0.06% ($19.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$31,714Total assets
$4,433Cash and due from depository institutions
$2,477Interest-bearing balances
$8,677Securities
$1,324Federal funds sold & reverse repurchase agreements
$15,506Net loans & leases
$297Loan loss allowance
$0Trading account assets
$933Bank premises and fixed assets
$167Other real estate owned
$0Goodwill and other intangibles
$31,714Life insurance assets
$674All other assets
$27,754Total liabilities and capital
$25,551Total liabilities
$20,592Total deposits
$25,551Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$203Subordinated debt
$3,960All other liabilities
$3,960Total equity capital
$3,960Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,738Surplus
$1,122Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$475Income earned, not collected on loans
$0Earning assets
$138Long-term assets (5+ years)
$27,984Average Assets, year-to-date
$8,622Average Assets, quarterly
$30,522Volatile liabilities
$31,325Insider loans
$17,119FHLB advances
$31,417Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,703Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,389Restructured Loans and leases
$229Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,496Total interest income
$251Total interest expense
$1,245Net interest income
$267Provision for loan and lease losses
$54Total noninterest income
$0Fiduciary activities
$108Service charges on deposit accounts
$0Trading account gains & fees
-$54Additional noninterest income
$1,094Total noninterest expense
$562Salaries and employee benefits
$102Premises and equipment expense
$430Additional noninterest expense
-$62Pre-tax net operating income
$0Securities gains (losses)
-$60Applicable income taxes
-$2Income before extraordinary items
$0Extraordinary gains - net
-$2Net income attributable to bank
$0Net charge-offs
-$2Cash dividends
$246Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.51%Yield on earning assets
0.92%Cost of funding earning assets
4.58%Net interest margin
0.20%Noninterest income to earning assets
4.03%Noninterest expense to earning assets
-0.01%Net operating income to assets
-0.01%Return on assets (ROA)
-0.20%Pretax return on assets
-0.05%Return on equity (ROE)
-0.05%Retained earnings to average equity (YTD only)
1.59%Net charge-offs to loans
108.54%Credit loss provision to net charge-offs
0.83%Efficiency ratio
84,219Assets per employee
2.64%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.88%Loss allowance to noncurrent loans
62.53%Noncurrent assets plus other real estate owned to assets
2.02%Noncurrent loans to loans
3.01%Net loans and leases to deposits
60.69%Net loans and leases to core deposits
64.66%Equity capital to assets
12.49%Core capital (leverage) ratio
11.79%Tier 1 risk-based capital ratio
21.63%Total risk-based capital ratio
Memoranda
$23Average assets
$30,522Average earning assets
$3,856Average equity
$27,164Average loans
List of branches
1 Tennessee Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
5882
Farmers & Merchants Bank
119 Main Street, Adamsville, TN 38310
January 01, 1909
Full Service Brick and Mortar
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 Farmers & Merchants Bank.
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.
Comment about this bank, ask questions, or add new information about it: