Farmers and Merchants Bank in city_name, state_name - Detailed Financial Reports, Location

Farmers and Merchants Bank in Laotto, Indiana (IN)
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Farmers and Merchants Bank routing number info

Farmers and Merchants Bank - Overview

General
FDIC Certificate #: 13801
Status: Active
Federal Reserve ID: 372640
Bank Holding Company (Regulatory Top Holder): F M Fincorp (RSSDID: 1135196, Location: Laotto, IN)
Date Established: October 29, 1914
WWW: http://www.fmfbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 8628
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 31, 1934
Last Structure Change Effective Date: July 31, 2007
Last Structure Change Process Date: June 16, 2010
Last Data Update: June 16, 2010
Data Source Date: April 05, 2012
Location
Address: 6464 Merchants Drive, Laotto, IN 46763
County: Noble
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
Combined Statistical Area (CSA): Fort Wayne-Huntington-Auburn, IN (#258)
Core Based Statistical Area (CBSA): Kendallville, IN (#28340)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $112.3 mil
Equity capital: $9.4 mil
Deposits held in domestic offices: $102.3 mil
Return on assets (ROA): 1.32% ($1.5 mil)
Quarterly return on assets: 1.40% ($1.6 mil)
Return on Equity (ROE): 16.25% ($1.5 mil)
Quarterly return on equity: 16.82% ($1.5 mil)
Net income: $1.4 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.32% ($1,482.9 mil)
Quarterly Pretax return on assets: 1.40% ($1,572.8 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
30Total employees (full-time equivalent)
$112,340Total assets
$3,122Cash and due from depository institutions
$129Interest-bearing balances
$40,531Securities
$8,536Federal funds sold & reverse repurchase agreements
$54,302Net loans & leases
$614Loan loss allowance
$0Trading account assets
$2,904Bank premises and fixed assets
$15Other real estate owned
$0Goodwill and other intangibles
$112,340Life insurance assets
$2,930All other assets
$102,923Total liabilities and capital
$102,344Total liabilities
$88,811Total deposits
$102,344Interest-bearing deposits
$78Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$579Subordinated debt
$9,417All other liabilities
$9,417Total equity capital
$9,417Total bank equity capital
$0Perpetual preferred stock
$450Common stock
$4,150Surplus
$4,817Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$511Long-term assets (5+ years)
$103,498Average Assets, year-to-date
$51,488Average Assets, quarterly
$106,419Volatile liabilities
$110,465Insider loans
$63,863FHLB advances
$111,761Loans and leases held for sale
$1,760Unused loan commitments
$1,336Tier 1 (core) risk-based capital
$8,843Tier 2 risk-based capital
$0Total risk weighted assets
$424Total unused commitments
$7,333Restructured Loans and leases
$1,155Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,364Total interest income
$503Total interest expense
$3,861Net interest income
-$128Provision for loan and lease losses
$600Total noninterest income
$0Fiduciary activities
$324Service charges on deposit accounts
$0Trading account gains & fees
$276Additional noninterest income
$3,194Total noninterest expense
$1,704Salaries and employee benefits
$638Premises and equipment expense
$852Additional noninterest expense
$1,395Pre-tax net operating income
$6Securities gains (losses)
$0Applicable income taxes
$1,401Income before extraordinary items
$0Extraordinary gains - net
$1,401Net income attributable to bank
$0Net charge-offs
$1,401Cash dividends
-$219Sale, conversion, retirement of capital stock, net
$479Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.47%Yield on earning assets
0.51%Cost of funding earning assets
3.95%Net interest margin
0.61%Noninterest income to earning assets
3.27%Noninterest expense to earning assets
1.31%Net operating income to assets
1.32%Return on assets (ROA)
1.32%Pretax return on assets
16.25%Return on equity (ROE)
10.70%Retained earnings to average equity (YTD only)
-0.40%Net charge-offs to loans
58.45%Credit loss provision to net charge-offs
0.00%Efficiency ratio
71,598Assets per employee
3.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.19%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.00%Net loans and leases to deposits
53.06%Net loans and leases to core deposits
53.20%Equity capital to assets
8.38%Core capital (leverage) ratio
7.91%Tier 1 risk-based capital ratio
13.85%Total risk-based capital ratio
Memoranda
$15Average assets
$106,419Average earning assets
$8,620Average equity
$97,682Average loans

Total Fiduciary and Related Assets (December 31, 2009)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$10Managed Assets
1Number of Accounts
$10Personal trust and agency accounts
$10Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
2Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

4 Indiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	8628	Farmers And Merchants Bank	6464 Merchants Drive, Laotto, IN 46763	October 29, 1914	Full Service Brick and Mortar
1	230277	Huntertown Branch	1615 West Gump Road, Huntertown, IN 46748	September 03, 1985	Full Service Brick and Mortar
2	230278	Churubusco Branch	4084 North U.S., Suite B, Churubusco, IN 46723	May 03, 1999	Full Service Brick and Mortar
3	492414	Farmers & Merchants Bank Branch	511 Professional Way, Kendallville, IN 46755	Febuary 17, 2009	Full Service Brick and Mortar

Farmers and Merchants Bank in Laotto, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Merchants Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2009)

List of branches

Comment about this bank, ask questions, or add new information about it:

Farmers and Merchants Bank in Laotto, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Merchants Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2009)

List of branches

Comment about this bank, ask questions, or add new information about it:

Farmers and Merchants Bank in Laotto, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches