The Farmers and Merchants State Bank in Macksville, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 27, 2003

The Farmers and Merchants State Bank in Macksville, Kansas (KS)
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The Farmers and Merchants State Bank - Overview

General
FDIC Certificate #: 18051
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: American State Bank & Trust Company (#57144)
Federal Reserve ID: 145255
Date Established: November 07, 1906
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 11976
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: July 16, 1959
Last Structure Change Effective Date: June 27, 2003
Last Structure Change Process Date: July 30, 2003
Last Data Update: July 30, 2003
Data Source Date: April 05, 2012
Location
Address: 234 North Main Street, Macksville, KS 67557
County: Stafford
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Hays
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $31.9 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, 2002)

Dollar figures in thousands
10Total employees (full-time equivalent)
$31,854Total assets
$993Cash and due from depository institutions
$337Interest-bearing balances
$10,326Securities
$0Federal funds sold & reverse repurchase agreements
$19,049Net loans & leases
$318Loan loss allowance
$0Trading account assets
$395Bank premises and fixed assets
$36Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,055All other assets
$31,854Total liabilities and capital
$29,015Total liabilities
$21,439Total deposits
$19,217Interest-bearing deposits
$21,439Deposits held in domestic offices
0.00%% insured (estimated)
$375Federal funds purchased & repurchase agreements
$0Trading liabilities
$7,019Other borrowed funds
$0Subordinated debt
$182All other liabilities
$2,839Total equity capital
$2,839Total bank equity capital
$2,839Perpetual preferred stock
$0Common stock
$110Surplus
$966Undivided profits
Memoranda
$1,763Noncurrent loans and leases
$3,764Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$487Average Assets, year-to-date
$29,712Average Assets, quarterly
$4,411Volatile liabilities
$30,905Insider loans
$32,170FHLB advances
$8,227Loans and leases held for sale
$324Unused loan commitments
$7,019Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,764Total unused commitments
$38Restructured Loans and leases
$290Derivatives

Income and Expense (December 31, 2002)

Dollar figures in thousands
$2,028Total interest income
$812Total interest expense
$1,216Net interest income
$10Provision for loan and lease losses
$140Total noninterest income
$0Fiduciary activities
$116Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$830Total noninterest expense
$490Salaries and employee benefits
$78Premises and equipment expense
$262Additional noninterest expense
$516Pre-tax net operating income
$0Securities gains (losses)
$30Applicable income taxes
$486Income before extraordinary items
$0Extraordinary gains - net
$486Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$75Sale, conversion, retirement of capital stock, net
$246Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.04%Yield on earning assets
2.82%Cost of funding earning assets
4.22%Net interest margin
0.49%Noninterest income to earning assets
2.88%Noninterest expense to earning assets
1.57%Net operating income to assets
1.57%Return on assets (ROA)
1.67%Pretax return on assets
17.85%Return on equity (ROE)
8.82%Retained earnings to average equity (YTD only)
0.38%Net charge-offs to loans
13.33%Credit loss provision to net charge-offs
7.01%Efficiency ratio
61,209Assets per employee
3.19%Cash dividends to net income (YTD only)
Condition Ratios (%)
50.62%Loss allowance to loans
1.64%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.00%Net loans and leases to deposits
88.85%Net loans and leases to core deposits
118.05%Equity capital to assets
8.91%Core capital (leverage) ratio
8.19%Tier 1 risk-based capital ratio
11.48%Total risk-based capital ratio
Memoranda
$13Average assets
$30,905Average earning assets
$2,722Average equity
$28,797Average loans

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