FDIC Certificate #: 13415 Status: Active Federal Reserve ID: 257653 Date Established: December 28, 1908 WWW:http://www.fmbankarnett.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 8448 Numeric code: 21 Regulator: FDIC 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: Yes Asset Concentration Hierarchy: Agricultural Specialization 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: 225 E. Renfrow Ave, Arnett, OK 73832 County: Ellis Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Oklahoma City Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $53.5 mil Equity capital: $5.3 mil Deposits held in domestic offices: $48.1 mil Return on assets (ROA): 0.92% ($0.5 mil) Quarterly return on assets: 0.81% ($0.4 mil) Return on Equity (ROE): 8.89% ($0.4 mil) Quarterly return on equity: 8.15% ($0.4 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.92% ($492.0 mil) Quarterly Pretax return on assets: 0.81% ($433.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
9Total employees (full-time equivalent)
$53,474Total assets
$15,870Cash and due from depository institutions
$12,811Interest-bearing balances
$14,021Securities
$1,487Federal funds sold & reverse repurchase agreements
$21,605Net loans & leases
$481Loan loss allowance
$0Trading account assets
$22Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$53,474Life insurance assets
$469All other assets
$48,154Total liabilities and capital
$48,084Total liabilities
$35,259Total deposits
$48,084Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$70Subordinated debt
$5,320All other liabilities
$5,320Total equity capital
$5,320Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$300Surplus
$4,820Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$51Income earned, not collected on loans
$0Earning assets
$370Long-term assets (5+ years)
$49,924Average Assets, year-to-date
$9,823Average Assets, quarterly
$49,623Volatile liabilities
$53,156Insider loans
$23,618FHLB advances
$53,821Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,120Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,488Restructured Loans and leases
$11Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,592Total interest income
$273Total interest expense
$1,319Net interest income
$123Provision for loan and lease losses
$180Total noninterest income
$0Fiduciary activities
$122Service charges on deposit accounts
$0Trading account gains & fees
$58Additional noninterest income
$918Total noninterest expense
$546Salaries and employee benefits
$86Premises and equipment expense
$286Additional noninterest expense
$458Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$458Income before extraordinary items
$0Extraordinary gains - net
$458Net income attributable to bank
$0Net charge-offs
$458Cash dividends
$123Sale, conversion, retirement of capital stock, net
$120Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.44%Yield on earning assets
0.59%Cost of funding earning assets
2.85%Net interest margin
0.39%Noninterest income to earning assets
1.98%Noninterest expense to earning assets
0.92%Net operating income to assets
0.92%Return on assets (ROA)
0.92%Pretax return on assets
8.89%Return on equity (ROE)
6.56%Retained earnings to average equity (YTD only)
0.56%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
4.72%Efficiency ratio
61,241Assets per employee
5.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
26.20%Loss allowance to loans
2.18%Loss allowance to noncurrent loans
943.14%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.23%Net loans and leases to deposits
44.93%Net loans and leases to core deposits
44.93%Equity capital to assets
9.95%Core capital (leverage) ratio
9.51%Tier 1 risk-based capital ratio
21.68%Total risk-based capital ratio
Memoranda
$23Average assets
$49,623Average earning assets
$5,149Average equity
$46,322Average loans
List of branches
1 Oklahoma Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8448
Farmers And Merchants Bank
225 E. Renfrow Ave, Arnett, OK 73832
December 28, 1908
Full Service Brick and Mortar
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