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

First Farmers and Merchants Bank in Kaufman, Texas (TX)
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First Farmers and Merchants Bank - Overview

General
FDIC Certificate #: 16722
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First State Bank of Texas (#10348)
Federal Reserve ID: 354664
Date Established: August 21, 1948
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 10844
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: August 21, 1948
Last Structure Change Effective Date: June 19, 1997
Last Structure Change Process Date: July 28, 1997
Last Data Update: July 28, 1997
Data Source Date: April 05, 2012
Location
Address: 100 North Washington Street, Kaufman, TX 75142
County: Kaufman
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Kansas City
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
Financial Summary
Total assets: $101.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$52Total assets
$102,559Cash and due from depository institutions
$4,874Interest-bearing balances
$0Securities
$41,070Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$50,901Loan loss allowance
$724Trading account assets
$0Bank premises and fixed assets
$3,660Other real estate owned
$0Goodwill and other intangibles
$1,116Life insurance assets
$938All other assets
$0Total liabilities and capital
$102,559Total liabilities
$94,010Total deposits
$91,062Interest-bearing deposits
$72,681Deposits held in domestic offices
91062.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$948Total equity capital
$948Total bank equity capital
$8,549Perpetual preferred stock
$0Common stock
$1,150Surplus
$5,000Undivided profits
Memoranda
$2,399Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$207Income earned, not collected on loans
$303Earning assets
$91,971Long-term assets (5+ years)
$26,907Average Assets, year-to-date
$102,564Average Assets, quarterly
$102,139Volatile liabilities
$9,289Insider loans
$1,012FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,316Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,491Total risk weighted assets
$58,068Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$7,429Total interest expense
$2,976Net interest income
$4,453Provision for loan and lease losses
$0Total noninterest income
$1,346Fiduciary activities
$0Service charges on deposit accounts
$854Trading account gains & fees
$0Additional noninterest income
$492Total noninterest expense
$3,712Salaries and employee benefits
$1,756Premises and equipment expense
$609Additional noninterest expense
$1,347Pre-tax net operating income
$2,087Securities gains (losses)
$35Applicable income taxes
$564Income before extraordinary items
$1,558Extraordinary gains - net
$0Net income attributable to bank
$1,558Net charge-offs
$37Cash dividends
$1,179Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.15%Cost of funding earning assets
3.26%Net interest margin
4.88%Noninterest income to earning assets
1.48%Noninterest expense to earning assets
4.07%Net operating income to assets
1.49%Return on assets (ROA)
1.52%Pretax return on assets
2.07%Return on equity (ROE)
18.24%Retained earnings to average equity (YTD only)
4.44%Net charge-offs to loans
0.09%Credit loss provision to net charge-offs
0.00%Efficiency ratio
62,045Assets per employee
1.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
75.67%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
349.76%Noncurrent assets plus other real estate owned to assets
0.20%Noncurrent loans to loans
0.40%Net loans and leases to deposits
55.90%Net loans and leases to core deposits
60.76%Equity capital to assets
8.34%Core capital (leverage) ratio
7.39%Tier 1 risk-based capital ratio
12.90%Total risk-based capital ratio
Memoranda
$14Average assets
$102,564Average earning assets
$8,542Average equity
$91,205Average loans

First Farmers and Merchants Bank in Kaufman, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Farmers and Merchants Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Farmers and Merchants Bank in Kaufman, Texas (TX)Overview, Financial Summary, Detailed Financial Reports, Branches

First Farmers and Merchants Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

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

First Farmers and Merchants Bank in Kaufman, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches