FDIC Certificate #: 14275 Status: Active Federal Reserve ID: 516154 Bank Holding Company (Regulatory Top Holder): F M Co. (RSSDID: 1056488, Location: Milligan, NE) Date Established: June 10, 1903 WWW:http://www.fmbmilligan.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) OTS Docket #: 14396 FDIC's unique #: 8918 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: April 24, 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: 501 Main St, Milligan, NE 68406 County: Fillmore Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Grand Island Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $50.3 mil Equity capital: $4.9 mil Deposits held in domestic offices: $36.8 mil Return on assets (ROA): 1.69% ($0.8 mil) Quarterly return on assets: 0.90% ($0.5 mil) Return on Equity (ROE): 17.41% ($0.9 mil) Quarterly return on equity: 9.28% ($0.5 mil) Net income: $0.8 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.96% ($984.9 mil) Quarterly Pretax return on assets: 1.91% ($959.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$50,250Total assets
$2,732Cash and due from depository institutions
$118Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$44,972Net loans & leases
$287Loan loss allowance
$0Trading account assets
$344Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$50,250Life insurance assets
$2,202All other assets
$45,317Total liabilities and capital
$36,758Total liabilities
$33,398Total deposits
$36,758Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,987Trading liabilities
$0Other borrowed funds
$572Subordinated debt
$4,933All other liabilities
$4,933Total equity capital
$4,933Total bank equity capital
$0Perpetual preferred stock
$125Common stock
$1,675Surplus
$3,133Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3Income earned, not collected on loans
$0Earning assets
$1,065Long-term assets (5+ years)
$45,090Average Assets, year-to-date
$12,449Average Assets, quarterly
$49,714Volatile liabilities
$51,573Insider loans
$43,327FHLB advances
$50,976Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,933Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,535Restructured Loans and leases
$1,060Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,988Total interest income
$857Total interest expense
$2,131Net interest income
$0Provision for loan and lease losses
$106Total noninterest income
$0Fiduciary activities
$71Service charges on deposit accounts
$0Trading account gains & fees
$35Additional noninterest income
$1,265Total noninterest expense
$869Salaries and employee benefits
$75Premises and equipment expense
$321Additional noninterest expense
$972Pre-tax net operating income
$0Securities gains (losses)
$130Applicable income taxes
$842Income before extraordinary items
$0Extraordinary gains - net
$842Net income attributable to bank
$0Net charge-offs
$842Cash dividends
-$9Sale, conversion, retirement of capital stock, net
$400Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.57%Yield on earning assets
1.89%Cost of funding earning assets
4.69%Net interest margin
0.23%Noninterest income to earning assets
2.78%Noninterest expense to earning assets
1.69%Net operating income to assets
1.69%Return on assets (ROA)
1.96%Pretax return on assets
17.41%Return on equity (ROE)
9.14%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
56,549Assets per employee
5.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.51%Loss allowance to loans
0.63%Loss allowance to noncurrent loans
9566.67%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
122.35%Net loans and leases to core deposits
146.15%Equity capital to assets
9.82%Core capital (leverage) ratio
9.68%Tier 1 risk-based capital ratio
11.39%Total risk-based capital ratio
Memoranda
$12Average assets
$49,714Average earning assets
$4,836Average equity
$45,455Average loans
List of branches
1 Nebraska Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8918
Farmers And Merchants Bank
501 Main St, Milligan, NE 68406
June 10, 1903
Full Service Brick and Mortar
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