FDIC Certificate #: 10280 Status: Active Federal Reserve ID: 760210 Bank Holding Company (Regulatory Top Holder): Farmmerc, Inc. (RSSDID: 1249909, Location: Caldwell, OH) Date Established: January 20, 1912 WWW:http://www.farmersmerchants-bank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 6590 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: 430 North Street, Caldwell, OH 43724 County: Noble Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Columbus Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $83.4 mil Equity capital: $9.8 mil Deposits held in domestic offices: $73.0 mil Return on assets (ROA): 1.15% ($1.0 mil) Quarterly return on assets: 1.06% ($0.9 mil) Return on Equity (ROE): 9.70% ($1.0 mil) Quarterly return on equity: 8.84% ($0.9 mil) Net income: $0.9 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.62% ($1,350.4 mil) Quarterly Pretax return on assets: 1.50% ($1,250.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
28Total employees (full-time equivalent)
$83,356Total assets
$7,315Cash and due from depository institutions
$5,100Interest-bearing balances
$12,857Securities
$769Federal funds sold & reverse repurchase agreements
$60,933Net loans & leases
$1,012Loan loss allowance
$0Trading account assets
$392Bank premises and fixed assets
$256Other real estate owned
$0Goodwill and other intangibles
$83,356Life insurance assets
$834All other assets
$73,600Total liabilities and capital
$72,991Total liabilities
$59,754Total deposits
$72,991Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$609Subordinated debt
$9,756All other liabilities
$9,756Total equity capital
$9,756Total bank equity capital
$0Perpetual preferred stock
$1,220Common stock
$1,305Surplus
$7,231Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,247Income earned, not collected on loans
$0Earning assets
$283Long-term assets (5+ years)
$79,659Average Assets, year-to-date
$51,277Average Assets, quarterly
$79,091Volatile liabilities
$81,173Insider loans
$52,610FHLB advances
$81,375Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,401Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,228Restructured Loans and leases
$459Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,795Total interest income
$775Total interest expense
$4,020Net interest income
$458Provision for loan and lease losses
$231Total noninterest income
$0Fiduciary activities
$122Service charges on deposit accounts
$0Trading account gains & fees
$109Additional noninterest income
$2,515Total noninterest expense
$1,473Salaries and employee benefits
$326Premises and equipment expense
$716Additional noninterest expense
$1,278Pre-tax net operating income
$0Securities gains (losses)
$368Applicable income taxes
$910Income before extraordinary items
$0Extraordinary gains - net
$910Net income attributable to bank
$0Net charge-offs
$910Cash dividends
$154Sale, conversion, retirement of capital stock, net
$338Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.36%Yield on earning assets
1.03%Cost of funding earning assets
5.33%Net interest margin
0.31%Noninterest income to earning assets
3.34%Noninterest expense to earning assets
1.15%Net operating income to assets
1.15%Return on assets (ROA)
1.62%Pretax return on assets
9.70%Return on equity (ROE)
6.10%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
297.40%Credit loss provision to net charge-offs
11.27%Efficiency ratio
59,163Assets per employee
2.98%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.14%Loss allowance to loans
1.63%Loss allowance to noncurrent loans
45.04%Noncurrent assets plus other real estate owned to assets
3.00%Noncurrent loans to loans
3.63%Net loans and leases to deposits
83.48%Net loans and leases to core deposits
90.55%Equity capital to assets
11.70%Core capital (leverage) ratio
11.55%Tier 1 risk-based capital ratio
17.87%Total risk-based capital ratio
Memoranda
$19Average assets
$79,091Average earning assets
$9,382Average equity
$75,391Average loans
List of branches
1 Ohio Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
6590
The Farmers And Merchants Bank
430 North Street, Caldwell, OH 43724
January 20, 1912
Full Service Brick and Mortar
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