Farmers and Mechanics Federal Savings and Loan Association in Bloomfield, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Farmers and Mechanics Federal Savings and Loan Association in Bloomfield, Indiana (IN)
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Farmers and Mechanics Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28478
    Status: Active
    Federal Reserve ID: 412872
    Date Established: January 01, 1892
    WWW: http://www.farmersandmechanicsfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 1669
    FDIC's unique #: 41312
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: August 15, 1936
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 225 East Main Street, Bloomfield, IN 47424
    County: Greene
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Bloomington, IN (#14020)
    CBSA Metro Statistical Area: Bloomington, IN (#14020)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $69.3 mil
    Equity capital: $11.8 mil
    Deposits held in domestic offices: $55.5 mil
    Return on assets (ROA): 0.26% ($0.2 mil)
    Quarterly return on assets: 0.09% ($0.1 mil)
    Return on Equity (ROE): 1.51% ($0.2 mil)
    Quarterly return on equity: 0.54% ($0.1 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.34% ($235.8 mil)
    Quarterly Pretax return on assets: 0.10% ($69.3 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
  • 14Total employees (full-time equivalent)
  • $69,341Total assets
  • $11,319Cash and due from depository institutions
  • $10,844Interest-bearing balances
  • $19,371Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $35,868Net loans & leases
  • $111Loan loss allowance
  • $0Trading account assets
  • $868Bank premises and fixed assets
  • $548Other real estate owned
  • $0Goodwill and other intangibles
  • $69,343Life insurance assets
  • $1,367All other assets
  • $57,581Total liabilities and capital
  • $55,482Total liabilities
  • $55,008Total deposits
  • $55,482Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $99Subordinated debt
  • $11,762All other liabilities
  • $11,762Total equity capital
  • $11,762Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $11,762Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $76Income earned, not collected on loans
  • $0Earning assets
  • $207Long-term assets (5+ years)
  • $66,083Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $69,424Volatile liabilities
  • $69,905Insider loans
  • $30,294FHLB advances
  • $69,593Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,914Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,609Restructured Loans and leases
  • $428Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,788Total interest income
  • $952Total interest expense
  • $1,836Net interest income
  • $4Provision for loan and lease losses
  • $83Total noninterest income
  • $0Fiduciary activities
  • $14Service charges on deposit accounts
  • $0Trading account gains & fees
  • $69Additional noninterest income
  • $1,811Total noninterest expense
  • $1,134Salaries and employee benefits
  • $300Premises and equipment expense
  • $377Additional noninterest expense
  • $104Pre-tax net operating income
  • $135Securities gains (losses)
  • $60Applicable income taxes
  • $179Income before extraordinary items
  • $0Extraordinary gains - net
  • $179Net income attributable to bank
  • $0Net charge-offs
  • $179Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.22%Yield on earning assets
  • 1.44%Cost of funding earning assets
  • 2.78%Net interest margin
  • 0.13%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 0.11%Net operating income to assets
  • 0.26%Return on assets (ROA)
  • 0.34%Pretax return on assets
  • 1.51%Return on equity (ROE)
  • 1.51%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 94,372Assets per employee
  • 4.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.31%Loss allowance to noncurrent loans
  • 146.05%Noncurrent assets plus other real estate owned to assets
  • 0.78%Noncurrent loans to loans
  • 0.21%Net loans and leases to deposits
  • 64.65%Net loans and leases to core deposits
  • 66.91%Equity capital to assets
  • 16.96%Core capital (leverage) ratio
  • 17.12%Tier 1 risk-based capital ratio
  • 39.33%Total risk-based capital ratio
  • Memoranda
  • $39Average assets
  • $69,424Average earning assets
  • $11,885Average equity
  • $66,067Average loans

List of branches

  • 2 Indiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041312Farmers And Mechanics Federal Saving225 East Main Street, Bloomfield, IN 47424January 01, 1892Full Service Brick and Mortar
    1002677943535 W Third St Branch3535 West Third Street, Bloomington, IN 47404January 01, 1892Full Service Brick and Mortar

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