The Farmers and Merchants National Bank of Oakland - Overview
General
FDIC Certificate #: 5451 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank Northeast (#5432) Federal Reserve ID: 121352 Date Established: January 07, 1892 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 3691 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: April 30, 1999 Last Structure Change Process Date: June 04, 1999 Last Data Update: June 04, 1999 Data Source Date: April 05, 2012
Location
Address: 212 North Oakland Avenue, Oakland, NE 68045 County: Burt Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Omaha Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
Financial Summary
Total assets: $23.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
10Total employees (full-time equivalent)
$23,720Total assets
$1,281Cash and due from depository institutions
$288Interest-bearing balances
$9,798Securities
$1,400Federal funds sold & reverse repurchase agreements
$10,530Net loans & leases
$161Loan loss allowance
$0Trading account assets
$217Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$494All other assets
$23,720Total liabilities and capital
$21,868Total liabilities
$21,593Total deposits
$18,294Interest-bearing deposits
$21,593Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$42Other borrowed funds
$0Subordinated debt
$233All other liabilities
$1,852Total equity capital
$1,852Total bank equity capital
$1,852Perpetual preferred stock
$0Common stock
$500Surplus
$500Undivided profits
Memoranda
$852Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$52Earning assets
$0Long-term assets (5+ years)
$261Average Assets, year-to-date
$22,016Average Assets, quarterly
$3,663Volatile liabilities
$22,770Insider loans
$22,918FHLB advances
$1,661Loans and leases held for sale
$915Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,349Total unused commitments
$0Restructured Loans and leases
$12,294Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,688Total interest income
$724Total interest expense
$964Net interest income
$0Provision for loan and lease losses
$83Total noninterest income
$0Fiduciary activities
$65Service charges on deposit accounts
$0Trading account gains & fees
$18Additional noninterest income
$709Total noninterest expense
$412Salaries and employee benefits
$99Premises and equipment expense
$198Additional noninterest expense
$338Pre-tax net operating income
$0Securities gains (losses)
$107Applicable income taxes
$231Income before extraordinary items
$0Extraordinary gains - net
$231Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$4Sale, conversion, retirement of capital stock, net
$170Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.08%Yield on earning assets
3.47%Cost of funding earning assets
4.62%Net interest margin
0.40%Noninterest income to earning assets
3.40%Noninterest expense to earning assets
1.01%Net operating income to assets
1.01%Return on assets (ROA)
1.48%Pretax return on assets
12.90%Return on equity (ROE)
3.41%Retained earnings to average equity (YTD only)
-0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
67,144Assets per employee
2.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
73.59%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
309.62%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.49%Net loans and leases to deposits
48.77%Net loans and leases to core deposits
52.72%Equity capital to assets
7.81%Core capital (leverage) ratio
7.65%Tier 1 risk-based capital ratio
14.36%Total risk-based capital ratio
Memoranda
$16Average assets
$22,770Average earning assets
$1,791Average equity
$20,881Average loans
Comment about this bank, ask questions, or add new information about it:
The Farmers and Merchants National Bank of Oakland
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Farmers and Merchants National Bank of Oakland.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: