Farmers & Merchants State Bank in Burleson, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1996

  • Farmers & Merchants State Bank in Burleson, Texas (TX)
  • Show street view No street view available for this location

Farmers & Merchants State Bank - Overview

  • General
  • FDIC Certificate #: 11898
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Community Bank (#20202)
    Federal Reserve ID: 56753
    Date Established: November 22, 1913
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 7598
    Numeric code: 21
    Regulator: FDIC
    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 01, 1934
    Last Structure Change Effective Date: January 01, 1996
    Last Structure Change Process Date: Febuary 27, 1996
    Last Data Update: Febuary 28, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 West Ellison Street, Burleson, TX 76028
    County: Johnson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Fort Worth-Arlington, TX (#2800)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Fort Worth-Arlington, TX (#23104)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $63.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $20Total assets
  • $63,921Cash and due from depository institutions
  • $1,635Interest-bearing balances
  • $0Securities
  • $26,385Federal funds sold & reverse repurchase agreements
  • $3,548Net loans & leases
  • $30,440Loan loss allowance
  • $413Trading account assets
  • $0Bank premises and fixed assets
  • $1,143Other real estate owned
  • $256Goodwill and other intangibles
  • $514Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $63,921Total liabilities
  • $58,053Total deposits
  • $57,516Interest-bearing deposits
  • $47,254Deposits held in domestic offices
  • 57516.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $537Total equity capital
  • $537Total bank equity capital
  • $5,868Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $2,000Undivided profits
  • Memoranda
  • $2,868Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $37Income earned, not collected on loans
  • $210Earning assets
  • $60,373Long-term assets (5+ years)
  • $1,793Average Assets, year-to-date
  • $63,751Average Assets, quarterly
  • $64,380Volatile liabilities
  • $2,303Insider loans
  • $275FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,876Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,845Total risk weighted assets
  • $35,307Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,760Total interest expense
  • $1,778Net interest income
  • $2,982Provision for loan and lease losses
  • -$20Total noninterest income
  • $634Fiduciary activities
  • $0Service charges on deposit accounts
  • $523Trading account gains & fees
  • $0Additional noninterest income
  • $111Total noninterest expense
  • $2,082Salaries and employee benefits
  • $954Premises and equipment expense
  • $196Additional noninterest expense
  • $932Pre-tax net operating income
  • $1,554Securities gains (losses)
  • $7Applicable income taxes
  • $532Income before extraordinary items
  • $1,029Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,029Net charge-offs
  • $13Cash dividends
  • $500Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.05%Cost of funding earning assets
  • 3.01%Net interest margin
  • 5.04%Noninterest income to earning assets
  • 1.07%Noninterest expense to earning assets
  • 3.52%Net operating income to assets
  • 1.61%Return on assets (ROA)
  • 1.61%Pretax return on assets
  • 2.45%Return on equity (ROE)
  • 18.55%Retained earnings to average equity (YTD only)
  • 9.53%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • -153.85%Efficiency ratio
  • 57,577Assets per employee
  • 3.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.59%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 1116.22%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.12%Net loans and leases to deposits
  • 52.92%Net loans and leases to core deposits
  • 55.13%Equity capital to assets
  • 9.18%Core capital (leverage) ratio
  • 8.98%Tier 1 risk-based capital ratio
  • 16.55%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $63,751Average earning assets
  • $5,549Average equity
  • $59,127Average loans

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