Farmers and Merchants Bank in Milford, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Farmers and Merchants Bank in Milford, Nebraska (NE)
  • Show street view No street view available for this location
Farmers and Merchants Bank routing number info

Farmers and Merchants Bank - Overview

  • General
  • FDIC Certificate #: 16810
    Status: Active
    Federal Reserve ID: 455552
    Bank Holding Company (Regulatory Top Holder): Country Bank Shares, Inc. (RSSDID: 1416831, Location: Milford, NE)
    Date Established: July 05, 1949
    WWW: http://www.bankfmb.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 11 (Domestic: 11, Interstate: No)
    OTS Docket #: 9353
    FDIC's unique #: 10915
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: July 05, 1949
    Last Structure Change Effective Date: Febuary 19, 2008
    Last Structure Change Process Date: Febuary 28, 2008
    Last Data Update: Febuary 28, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 617 First Street, Milford, NE 68405
    County: Seward
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Omaha
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Lincoln, NE (#30700)
    CBSA Metro Statistical Area: Lincoln, NE (#30700)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $480.8 mil
    Equity capital: $50.3 mil
    Deposits held in domestic offices: $339.8 mil
    Return on assets (ROA): 0.99% ($4.8 mil)
    Quarterly return on assets: 0.75% ($3.6 mil)
    Return on Equity (ROE): 8.72% ($4.4 mil)
    Quarterly return on equity: 6.97% ($3.5 mil)
    Net income: $4.5 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.05% ($5,048.6 mil)
    Quarterly Pretax return on assets: 0.67% ($3,221.5 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
  • 95Total employees (full-time equivalent)
  • $480,823Total assets
  • $27,495Cash and due from depository institutions
  • $24,884Interest-bearing balances
  • $145,434Securities
  • $5Federal funds sold & reverse repurchase agreements
  • $270,862Net loans & leases
  • $2,057Loan loss allowance
  • $0Trading account assets
  • $3,048Bank premises and fixed assets
  • $209Other real estate owned
  • $13,668Goodwill and other intangibles
  • $480,823Life insurance assets
  • $20,102All other assets
  • $430,553Total liabilities and capital
  • $339,785Total liabilities
  • $330,416Total deposits
  • $339,785Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 456.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $83,500Trading liabilities
  • $0Other borrowed funds
  • $6,812Subordinated debt
  • $50,270All other liabilities
  • $50,270Total equity capital
  • $50,270Total bank equity capital
  • $0Perpetual preferred stock
  • $230Common stock
  • $43,592Surplus
  • $6,448Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,263Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,934Income earned, not collected on loans
  • $0Earning assets
  • $3,743Long-term assets (5+ years)
  • $441,185Average Assets, year-to-date
  • $147,926Average Assets, quarterly
  • $458,368Volatile liabilities
  • $469,274Insider loans
  • $337,521FHLB advances
  • $457,972Loans and leases held for sale
  • $3,193Unused loan commitments
  • $3,193Tier 1 (core) risk-based capital
  • $41,109Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $39,319Restructured Loans and leases
  • $4,317Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $22,047Total interest income
  • $6,336Total interest expense
  • $15,711Net interest income
  • $480Provision for loan and lease losses
  • $1,586Total noninterest income
  • $0Fiduciary activities
  • $803Service charges on deposit accounts
  • $0Trading account gains & fees
  • $783Additional noninterest income
  • $10,609Total noninterest expense
  • $5,619Salaries and employee benefits
  • $586Premises and equipment expense
  • $4,404Additional noninterest expense
  • $6,208Pre-tax net operating income
  • -$1,406Securities gains (losses)
  • $279Applicable income taxes
  • $4,523Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,523Net income attributable to bank
  • $0Net charge-offs
  • $4,523Cash dividends
  • $423Sale, conversion, retirement of capital stock, net
  • $5,200Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.27%Yield on earning assets
  • 1.51%Cost of funding earning assets
  • 3.76%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 2.54%Noninterest expense to earning assets
  • 1.28%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.05%Pretax return on assets
  • 8.72%Return on equity (ROE)
  • -1.30%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 113.48%Credit loss provision to net charge-offs
  • 15.81%Efficiency ratio
  • 58,854Assets per employee
  • 5.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 114.97%Loss allowance to loans
  • 0.75%Loss allowance to noncurrent loans
  • 70.11%Noncurrent assets plus other real estate owned to assets
  • 4.26%Noncurrent loans to loans
  • 1.08%Net loans and leases to deposits
  • 79.72%Net loans and leases to core deposits
  • 125.06%Equity capital to assets
  • 10.45%Core capital (leverage) ratio
  • 8.98%Tier 1 risk-based capital ratio
  • 12.18%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $458,368Average earning assets
  • $51,892Average equity
  • $418,288Average loans

List of branches

  • 11 Nebraska Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    010915Farmers And Merchants Bank617 First Street, Milford, NE 68405July 05, 1949Full Service Brick and Mortar
    210993Beaver Crossing BranchMain Street, Beaver Crossing, NE 68313March 15, 1950Full Service Brick and Mortar
    413416Firth Branch301 Nemaha Street, Firth, NE 68358July 01, 1966Full Service Brick and Mortar
    512594Panama Branch21830 Locust, Panama, NE 68419January 01, 1891Full Service Brick and Mortar
    611611Palmyra Branch347 C Street, Palmyra, NE 68418June 16, 1956Full Service Brick and Mortar
    75334Weeping Water Branch201 Eldora Avenue, Weeping Water, NE 68463November 24, 1915Full Service Brick and Mortar
    88320Wilber Branch321 South Main, Wilber, NE 68465Febuary 20, 1902Full Service Brick and Mortar
    1010705Jansen BranchBroad And Elm Streets, Jansen, NE 68377August 10, 1901Full Service Brick and Mortar
    1111830Lawrence BranchMain Street, Lawrence, NE 68957July 01, 1958Full Service Brick and Mortar
    12238865Superior Branch355 North Central, Superior, NE 68978January 08, 1998Full Service Brick and Mortar
    1315420Kearney Branch3015 2nd Avenue, Kearney, NE 68847January 05, 1976Full Service Brick and Mortar

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Farmers and Merchants Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents