Merchants Bank in city_name, state_name - Detailed Financial Reports, Location

Merchants Bank in Rugby, North Dakota (ND), MT
Show street view No street view available for this location

Merchants Bank routing number info

Merchants Bank - Overview

General
FDIC Certificate #: 8943
Status: Active
Federal Reserve ID: 700458
Bank Holding Company (Regulatory Top Holder): Merchants Holding Company (RSSDID: 1142206, Location: Sioux Falls, SD)
Date Established: August 04, 1897
WWW: http://www.merchantsbankrugby.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: Yes)
FDIC's unique #: 5710
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: January 01, 1934
Last Structure Change Effective Date: October 15, 2011
Last Structure Change Process Date: October 26, 2011
Last Data Update: October 26, 2011
Data Source Date: April 05, 2012
Location
Address: 210 Main Avenue S., Rugby, ND 58368
County: Pierce
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of Changes
Office Purchased
Financial Summary
Total assets: $82.9 mil
Equity capital: $7.1 mil
Deposits held in domestic offices: $75.1 mil
Return on assets (ROA): 0.88% ($0.7 mil)
Quarterly return on assets: -0.07% (-$0.1 mil)
Return on Equity (ROE): 10.34% ($0.7 mil)
Quarterly return on equity: -0.76% (-$0.1 mil)
Net income: $0.5 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 1.26% ($1,044.9 mil)
Quarterly Pretax return on assets: -0.15% (-$124.4 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
15Total employees (full-time equivalent)
$82,930Total assets
$6,825Cash and due from depository institutions
$1,475Interest-bearing balances
$31,319Securities
$0Federal funds sold & reverse repurchase agreements
$42,266Net loans & leases
$436Loan loss allowance
$0Trading account assets
$637Bank premises and fixed assets
$0Other real estate owned
$770Goodwill and other intangibles
$82,930Life insurance assets
$1,113All other assets
$75,782Total liabilities and capital
$75,059Total liabilities
$50,789Total deposits
$75,059Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$723Subordinated debt
$7,148All other liabilities
$7,148Total equity capital
$7,148Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$3,900Surplus
$2,248Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$828Long-term assets (5+ years)
$75,060Average Assets, year-to-date
$10,009Average Assets, quarterly
$57,405Volatile liabilities
$67,588Insider loans
$63,093FHLB advances
$76,041Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,076Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,059Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,551Total interest income
$295Total interest expense
$2,256Net interest income
$0Provision for loan and lease losses
$103Total noninterest income
$0Fiduciary activities
$68Service charges on deposit accounts
$0Trading account gains & fees
$35Additional noninterest income
$1,654Total noninterest expense
$825Salaries and employee benefits
$109Premises and equipment expense
$720Additional noninterest expense
$705Pre-tax net operating income
$21Securities gains (losses)
$220Applicable income taxes
$506Income before extraordinary items
$0Extraordinary gains - net
$506Net income attributable to bank
$0Net charge-offs
$506Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$400Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.83%Yield on earning assets
0.56%Cost of funding earning assets
4.27%Net interest margin
0.20%Noninterest income to earning assets
3.13%Noninterest expense to earning assets
0.86%Net operating income to assets
0.88%Return on assets (ROA)
1.26%Pretax return on assets
10.34%Return on equity (ROE)
2.17%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
70,114Assets per employee
5.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
79.05%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
56.31%Net loans and leases to core deposits
57.55%Equity capital to assets
8.62%Core capital (leverage) ratio
7.99%Tier 1 risk-based capital ratio
9.63%Total risk-based capital ratio
Memoranda
$10Average assets
$57,405Average earning assets
$4,895Average equity
$52,779Average loans

List of branches

1 Montana Branch as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
3	10101	Fairview Bank Branch	216 South Ellery Avenue, Fairview, MT 59221	December 06, 1941	Full Service Brick and Mortar

1 North Dakota Branch as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	5710	Merchants Bank	210 Main Avenue S., Rugby, ND 58368	August 04, 1897	Full Service Brick and Mortar

Merchants Bank in Rugby, North Dakota (ND), MT
Overview, Financial Summary, Detailed Financial Reports, Branches

Merchants Bank - 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:

Merchants Bank in Rugby, North Dakota (ND), MTOverview, Financial Summary, Detailed Financial Reports, Branches

Merchants Bank - 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:

Merchants Bank in Rugby, North Dakota (ND), MT
Overview, Financial Summary, Detailed Financial Reports, Branches