Farmers and Merchants Bank of South Carolina in city_name, state_name

Farmers and Merchants Bank of South Carolina in Holly Hill, South Carolina (SC)
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Farmers and Merchants Bank of South Carolina routing number info

Farmers and Merchants Bank of South Carolina - Overview

General
FDIC Certificate #: 1660
Status: Active
Federal Reserve ID: 282226
Bank Holding Company (Regulatory Top Holder): Fmb Of S.C. Bancshares, Inc. (RSSDID: 1137426, Location: Holly Hill, SC)
Date Established: January 03, 1912
WWW: http://www.fmbsc.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
OTS Docket #: 13857
FDIC's unique #: 1094
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: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
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: 8624 Old State Street, Holly Hill, SC 29059
County: Orangeburg
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Columbia Sc
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Orangeburg, SC (#36700)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $303.7 mil
Equity capital: $40.3 mil
Deposits held in domestic offices: $262.3 mil
Return on assets (ROA): 0.72% ($2.2 mil)
Quarterly return on assets: 0.07% ($0.2 mil)
Return on Equity (ROE): 4.94% ($2.0 mil)
Quarterly return on equity: 0.49% ($0.2 mil)
Net income: $2.0 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.11% ($3,370.6 mil)
Quarterly Pretax return on assets: 0.14% ($425.1 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
86Total employees (full-time equivalent)
$303,662Total assets
$106,534Cash and due from depository institutions
$91,099Interest-bearing balances
$52,324Securities
$3,057Federal funds sold & reverse repurchase agreements
$130,417Net loans & leases
$2,410Loan loss allowance
$0Trading account assets
$4,657Bank premises and fixed assets
$2,243Other real estate owned
$307Goodwill and other intangibles
$303,662Life insurance assets
$4,123All other assets
$263,394Total liabilities and capital
$262,305Total liabilities
$218,312Total deposits
$262,305Interest-bearing deposits
$63Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,089Subordinated debt
$40,268All other liabilities
$40,268Total equity capital
$40,268Total bank equity capital
$0Perpetual preferred stock
$1,250Common stock
$4,750Surplus
$34,268Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,914Income earned, not collected on loans
$0Earning assets
$1,377Long-term assets (5+ years)
$276,897Average Assets, year-to-date
$51,277Average Assets, quarterly
$273,237Volatile liabilities
$275,246Insider loans
$135,398FHLB advances
$263,195Loans and leases held for sale
$632Unused loan commitments
$632Tier 1 (core) risk-based capital
$39,828Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,566Restructured Loans and leases
$1,882Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$9,961Total interest income
$946Total interest expense
$9,015Net interest income
$650Provision for loan and lease losses
$2,646Total noninterest income
$0Fiduciary activities
$1,742Service charges on deposit accounts
$0Trading account gains & fees
$904Additional noninterest income
$7,974Total noninterest expense
$4,383Salaries and employee benefits
$1,185Premises and equipment expense
$2,406Additional noninterest expense
$3,037Pre-tax net operating income
$0Securities gains (losses)
$1,075Applicable income taxes
$1,962Income before extraordinary items
$0Extraordinary gains - net
$1,962Net income attributable to bank
$0Net charge-offs
$1,962Cash dividends
$655Sale, conversion, retirement of capital stock, net
$938Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.00%Yield on earning assets
0.38%Cost of funding earning assets
3.62%Net interest margin
1.06%Noninterest income to earning assets
3.20%Noninterest expense to earning assets
0.72%Net operating income to assets
0.72%Return on assets (ROA)
1.11%Pretax return on assets
4.94%Return on equity (ROE)
2.58%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
99.24%Credit loss provision to net charge-offs
5.63%Efficiency ratio
68,013Assets per employee
3.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.81%Loss allowance to loans
1.81%Loss allowance to noncurrent loans
82.70%Noncurrent assets plus other real estate owned to assets
1.70%Noncurrent loans to loans
2.19%Net loans and leases to deposits
49.72%Net loans and leases to core deposits
55.53%Equity capital to assets
13.26%Core capital (leverage) ratio
15.13%Tier 1 risk-based capital ratio
29.42%Total risk-based capital ratio
Memoranda
$31Average assets
$273,237Average earning assets
$39,756Average equity
$249,004Average loans

List of branches

8 South Carolina Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1094	Farmers And Merchants Bank Of South	8624 Old State Street, Holly Hill, SC 29059	January 03, 1912	Full Service Brick and Mortar
1	189973	Bowman Branch	7002 Charleston Hwy, Bowman, SC 29018	August 01, 1956	Full Service Brick and Mortar
2	189974	Moncks Corner Branch	221 East Main Street, Moncks Corner, SC 29461	June 02, 1966	Full Service Brick and Mortar
3	189975	Eutawville Branch	12064 Old Highway 6, Eutawville, SC 29048	March 07, 1985	Full Service Brick and Mortar
4	189976	Branchville Branch	7633 Freedom Road, Branchville, SC 29432	October 19, 1987	Full Service Brick and Mortar
5	238867	St. Stephen Branch	117 Church Street, St. Stephen, SC 29479	October 01, 1968	Full Service Brick and Mortar
6	357068	Carnes Crossroads Branch	3751 South Live Oak Drive, Moncks Corner, SC 29461	May 08, 2000	Full Service Brick and Mortar
7	229618	Cameron Branch	216 N Boyce Lawton Drive, Cameron, SC 29030	December 31, 1955	Full Service Brick and Mortar

Farmers and Merchants Bank of South Carolina in Holly Hill, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Merchants Bank of South Carolina - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Farmers and Merchants Bank of South Carolina in Holly Hill, South Carolina (SC)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Merchants Bank of South Carolina - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Farmers and Merchants Bank of South Carolina in Holly Hill, South Carolina (SC)
Overview, Financial Summary, Detailed Financial Reports, Branches