Farmers and Merchants Savings Bank in city_name, state_name

Farmers and Merchants Savings Bank in Waukon, Iowa (IA)
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Farmers and Merchants Savings Bank routing number info

Farmers and Merchants Savings Bank - Overview

General
FDIC Certificate #: 255
Status: Active
Federal Reserve ID: 201647
Date Established: December 04, 1925
WWW: http://www.fmsb4me.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 12302
FDIC's unique #: 204
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: 201 West Main Street, Waukon, IA 52172
County: Allamakee
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Cedar Rapids
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $136.2 mil
Equity capital: $12.4 mil
Deposits held in domestic offices: $117.1 mil
Return on assets (ROA): 1.96% ($2.7 mil)
Quarterly return on assets: 1.92% ($2.6 mil)
Return on Equity (ROE): 21.68% ($2.6 mil)
Quarterly return on equity: 20.27% ($2.4 mil)
Net income: $2.5 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 2.06% ($2,805.0 mil)
Quarterly Pretax return on assets: 2.01% ($2,737.0 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
25Total employees (full-time equivalent)
$136,167Total assets
$12,648Cash and due from depository institutions
$9,910Interest-bearing balances
$41,546Securities
$593Federal funds sold & reverse repurchase agreements
$78,619Net loans & leases
$1,467Loan loss allowance
$0Trading account assets
$412Bank premises and fixed assets
$10Other real estate owned
$0Goodwill and other intangibles
$136,167Life insurance assets
$2,339All other assets
$123,811Total liabilities and capital
$117,099Total liabilities
$104,139Total deposits
$117,099Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,210Trading liabilities
$0Other borrowed funds
$502Subordinated debt
$12,356All other liabilities
$12,356Total equity capital
$12,356Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$2,400Surplus
$9,856Undivided profits
Memoranda
$0Noncurrent loans and leases
$25Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$415Income earned, not collected on loans
$0Earning assets
$1,036Long-term assets (5+ years)
$130,668Average Assets, year-to-date
$33,437Average Assets, quarterly
$128,017Volatile liabilities
$133,613Insider loans
$93,193FHLB advances
$134,918Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,319Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,769Restructured Loans and leases
$261Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,891Total interest income
$1,594Total interest expense
$4,297Net interest income
$24Provision for loan and lease losses
$935Total noninterest income
$0Fiduciary activities
$324Service charges on deposit accounts
$0Trading account gains & fees
$611Additional noninterest income
$2,568Total noninterest expense
$1,758Salaries and employee benefits
$243Premises and equipment expense
$567Additional noninterest expense
$2,640Pre-tax net operating income
$0Securities gains (losses)
$133Applicable income taxes
$2,507Income before extraordinary items
$0Extraordinary gains - net
$2,507Net income attributable to bank
$0Net charge-offs
$2,507Cash dividends
$119Sale, conversion, retirement of capital stock, net
$1,100Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.80%Yield on earning assets
1.30%Cost of funding earning assets
3.50%Net interest margin
0.76%Noninterest income to earning assets
2.09%Noninterest expense to earning assets
1.96%Net operating income to assets
1.96%Return on assets (ROA)
2.06%Pretax return on assets
21.68%Return on equity (ROE)
12.17%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
20.17%Credit loss provision to net charge-offs
22.39%Efficiency ratio
49,083Assets per employee
5.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.88%Loss allowance to loans
1.83%Loss allowance to noncurrent loans
353.49%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.52%Net loans and leases to deposits
67.14%Net loans and leases to core deposits
68.86%Equity capital to assets
9.07%Core capital (leverage) ratio
8.39%Tier 1 risk-based capital ratio
12.15%Total risk-based capital ratio
Memoranda
$13Average assets
$128,017Average earning assets
$11,565Average equity
$122,620Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$20Managed Assets
1Number of Accounts
$20Personal trust and agency accounts
$20Employee 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
1Number 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

2 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	204	Farmers And Merchants Savings Bank	201 West Main Street, Waukon, IA 52172	December 04, 1925	Full Service Brick and Mortar
2	429736	Wal-Mart Branch	1798 Old Stage Road, Decorah, IA 52101	January 28, 2004	Full Service Retail

Farmers and Merchants Savings Bank in Waukon, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Merchants Savings 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, 2011)

List of branches

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

Farmers and Merchants Savings Bank in Waukon, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Farmers and Merchants Savings 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, 2011)

List of branches

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

Farmers and Merchants Savings Bank in Waukon, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches