Farmers & Merchants Bank, of Orfordville - Overview
General
FDIC Certificate #: 15173 Status: Active Federal Reserve ID: 41245 Date Established: Febuary 25, 1901 WWW:http://www.orfordbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 9538 Numeric code: 13 Regulator: FED 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: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: July 01, 1935 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: 303 Spring Street, Orfordville, WI 53576 County: Rock Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Madison Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Janesville-Beloit, WI (#3620) Core Based Statistical Area (CBSA): Janesville, WI (#27500) CBSA Metro Statistical Area: Janesville, WI (#27500)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $42.3 mil Equity capital: $4.5 mil Deposits held in domestic offices: $37.2 mil Return on assets (ROA): 0.98% ($0.4 mil) Quarterly return on assets: 1.04% ($0.4 mil) Return on Equity (ROE): 9.70% ($0.4 mil) Quarterly return on equity: 10.12% ($0.4 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.37% ($579.9 mil) Quarterly Pretax return on assets: 1.47% ($622.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$42,332Total assets
$4,065Cash and due from depository institutions
$3,060Interest-bearing balances
$11,302Securities
$0Federal funds sold & reverse repurchase agreements
$25,347Net loans & leases
$573Loan loss allowance
$0Trading account assets
$200Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$42,332Life insurance assets
$1,418All other assets
$37,881Total liabilities and capital
$37,192Total liabilities
$31,102Total deposits
$37,192Interest-bearing deposits
$97Deposits held in domestic offices
437.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$252Subordinated debt
$4,451All other liabilities
$4,451Total equity capital
$4,451Total bank equity capital
$0Perpetual preferred stock
$150Common stock
$1,200Surplus
$3,101Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$619Income earned, not collected on loans
$0Earning assets
$190Long-term assets (5+ years)
$39,709Average Assets, year-to-date
$1,862Average Assets, quarterly
$41,345Volatile liabilities
$42,580Insider loans
$23,988FHLB advances
$42,372Loans and leases held for sale
$853Unused loan commitments
$853Tier 1 (core) risk-based capital
$4,363Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,336Restructured Loans and leases
$678Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,790Total interest income
$372Total interest expense
$1,418Net interest income
$50Provision for loan and lease losses
$178Total noninterest income
$0Fiduciary activities
$109Service charges on deposit accounts
$0Trading account gains & fees
$69Additional noninterest income
$983Total noninterest expense
$534Salaries and employee benefits
$54Premises and equipment expense
$395Additional noninterest expense
$563Pre-tax net operating income
$2Securities gains (losses)
$158Applicable income taxes
$407Income before extraordinary items
$0Extraordinary gains - net
$407Net income attributable to bank
$0Net charge-offs
$407Cash dividends
$18Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.61%Yield on earning assets
0.96%Cost of funding earning assets
3.65%Net interest margin
0.46%Noninterest income to earning assets
2.53%Noninterest expense to earning assets
0.98%Net operating income to assets
0.98%Return on assets (ROA)
1.37%Pretax return on assets
9.70%Return on equity (ROE)
9.70%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
277.78%Credit loss provision to net charge-offs
34.06%Efficiency ratio
61,591Assets per employee
4.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.21%Loss allowance to noncurrent loans
92.57%Noncurrent assets plus other real estate owned to assets
1.46%Noncurrent loans to loans
2.39%Net loans and leases to deposits
68.15%Net loans and leases to core deposits
69.56%Equity capital to assets
10.51%Core capital (leverage) ratio
10.30%Tier 1 risk-based capital ratio
18.19%Total risk-based capital ratio
Memoranda
$19Average assets
$41,345Average earning assets
$4,194Average equity
$38,868Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
9538
Farmers & Merchants Bank, Of Orfordville
303 Spring Street, Orfordville, WI 53576
Febuary 25, 1901
Full Service Brick and Mortar
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