Farmers and Merchants Bank in Greenwood, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 25, 1994

Farmers and Merchants Bank in Greenwood, Wisconsin (WI)
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Farmers and Merchants Bank - Overview

General
FDIC Certificate #: 13059
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens Bank, National Association (#15155)
Federal Reserve ID: 739542
Date Established: October 14, 1912
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 8255
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: May 25, 1994
Last Structure Change Process Date: June 28, 1994
Last Data Update: June 28, 1994
Data Source Date: April 05, 2012
Location
Address: 218 Main Street, Greenwood, WI 54437
County: Clark
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Eau Claire
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Financial Summary
Total assets: $25.0 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$13Total assets
$25,360Cash and due from depository institutions
$1,288Interest-bearing balances
$185Securities
$6,871Federal funds sold & reverse repurchase agreements
$1,510Net loans & leases
$14,893Loan loss allowance
$246Trading account assets
$0Bank premises and fixed assets
$543Other real estate owned
$0Goodwill and other intangibles
$255Life insurance assets
$0All other assets
$0Total liabilities and capital
$25,360Total liabilities
$21,811Total deposits
$21,541Interest-bearing deposits
$19,634Deposits held in domestic offices
21541.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$152Subordinated debt
$0All other liabilities
$118Total equity capital
$118Total bank equity capital
$3,549Perpetual preferred stock
$0Common stock
$150Surplus
$1,355Undivided profits
Memoranda
$2,044Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$152Income earned, not collected on loans
$91Earning assets
$23,459Long-term assets (5+ years)
$3,138Average Assets, year-to-date
$26,429Average Assets, quarterly
$25,457Volatile liabilities
$790Insider loans
$335FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,526Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,549Total risk weighted assets
$16,928Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$1,858Total interest expense
$704Net interest income
$1,154Provision for loan and lease losses
$0Total noninterest income
$79Fiduciary activities
$0Service charges on deposit accounts
$37Trading account gains & fees
$0Additional noninterest income
$42Total noninterest expense
$854Salaries and employee benefits
$320Premises and equipment expense
$160Additional noninterest expense
$374Pre-tax net operating income
$379Securities gains (losses)
$0Applicable income taxes
$122Income before extraordinary items
$257Extraordinary gains - net
$0Net income attributable to bank
$257Net charge-offs
-$6Cash dividends
$150Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.56%Cost of funding earning assets
2.87%Net interest margin
4.70%Noninterest income to earning assets
0.32%Noninterest expense to earning assets
3.48%Net operating income to assets
0.97%Return on assets (ROA)
0.97%Pretax return on assets
1.43%Return on equity (ROE)
7.25%Retained earnings to average equity (YTD only)
3.02%Net charge-offs to loans
-0.04%Credit loss provision to net charge-offs
0.00%Efficiency ratio
69,262Assets per employee
1.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.37%Loss allowance to loans
1.62%Loss allowance to noncurrent loans
161.84%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
1.00%Net loans and leases to deposits
69.14%Net loans and leases to core deposits
71.25%Equity capital to assets
13.99%Core capital (leverage) ratio
14.00%Tier 1 risk-based capital ratio
20.96%Total risk-based capital ratio
Memoranda
$22Average assets
$26,429Average earning assets
$3,547Average equity
$24,561Average loans

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