Merrill Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 30120 Status: Active Federal Reserve ID: 929174 Date Established: January 01, 1924 WWW:http://www.merrillfed@aol.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 4783 FDIC's unique #: 42954 Numeric code: 38 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: Febuary 10, 1941 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 907 East Main St, Merrill, WI 54452 County: Lincoln Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Appleton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Combined Statistical Area (CSA): Wausau-Merrill, WI (#554) Core Based Statistical Area (CBSA): Merrill, WI (#32980) CBSA Micro Statistical Area: Yes
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $45.7 mil Equity capital: $4.7 mil Deposits held in domestic offices: $37.7 mil Return on assets (ROA): 0.82% ($0.4 mil) Quarterly return on assets: 0.91% ($0.4 mil) Return on Equity (ROE): 7.68% ($0.4 mil) Quarterly return on equity: 8.53% ($0.4 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.35% ($616.5 mil) Quarterly Pretax return on assets: 1.50% ($685.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$45,665Total assets
$3,082Cash and due from depository institutions
$1,567Interest-bearing balances
$3Securities
$253Federal funds sold & reverse repurchase agreements
$41,301Net loans & leases
$532Loan loss allowance
$0Trading account assets
$243Bank premises and fixed assets
$69Other real estate owned
$0Goodwill and other intangibles
$45,665Life insurance assets
$714All other assets
$40,928Total liabilities and capital
$37,708Total liabilities
$33,443Total deposits
$37,708Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$3,000Trading liabilities
$0Other borrowed funds
$220Subordinated debt
$4,737All other liabilities
$4,737Total equity capital
$4,737Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$4,737Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$34Income earned, not collected on loans
$0Earning assets
$137Long-term assets (5+ years)
$43,124Average Assets, year-to-date
$0Average Assets, quarterly
$42,653Volatile liabilities
$44,134Insider loans
$27,086FHLB advances
$45,664Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,736Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$5,993Restructured Loans and leases
$815Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,120Total interest income
$382Total interest expense
$1,738Net interest income
$70Provision for loan and lease losses
$79Total noninterest income
$0Fiduciary activities
$3Service charges on deposit accounts
$0Trading account gains & fees
$76Additional noninterest income
$1,173Total noninterest expense
$675Salaries and employee benefits
$268Premises and equipment expense
$230Additional noninterest expense
$574Pre-tax net operating income
$0Securities gains (losses)
$224Applicable income taxes
$350Income before extraordinary items
$0Extraordinary gains - net
$350Net income attributable to bank
$0Net charge-offs
$350Cash dividends
$29Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.30%Yield on earning assets
0.95%Cost of funding earning assets
4.34%Net interest margin
0.20%Noninterest income to earning assets
2.93%Noninterest expense to earning assets
0.82%Net operating income to assets
0.82%Return on assets (ROA)
1.35%Pretax return on assets
7.68%Return on equity (ROE)
7.68%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
241.38%Credit loss provision to net charge-offs
22.21%Efficiency ratio
64,557Assets per employee
4.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
1564.71%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.08%Net loans and leases to deposits
109.53%Net loans and leases to core deposits
133.41%Equity capital to assets
10.37%Core capital (leverage) ratio
10.37%Tier 1 risk-based capital ratio
17.49%Total risk-based capital ratio
Memoranda
$19Average assets
$42,653Average earning assets
$4,555Average equity
$40,031Average loans
List of branches
1 Wisconsin Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42954
Merrill Federal Savings And Loan Ass
907 East Main St, Merrill, WI 54452
January 01, 1924
Full Service Brick and Mortar
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