The Farmers and Merchants State Bank, Effingham, Kansas - Overview
General
FDIC Certificate #: 15385 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Exchange National Bank & Trust Co. (#4619) Federal Reserve ID: 977456 Date Established: June 05, 1905 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 9707 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: May 14, 1936 Last Structure Change Effective Date: September 10, 1999 Last Structure Change Process Date: September 27, 1999 Last Data Update: September 27, 1999 Data Source Date: April 05, 2012
Location
Address: Main Street, Effingham, KS 66023 County: Atchison Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Kansas City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312) Core Based Statistical Area (CBSA): Atchison, KS (#11860) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $24.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$24,214Total assets
$982Cash and due from depository institutions
$0Interest-bearing balances
$6,507Securities
$3,665Federal funds sold & reverse repurchase agreements
$12,287Net loans & leases
$270Loan loss allowance
$0Trading account assets
$47Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$726All other assets
$24,214Total liabilities and capital
$21,728Total liabilities
$21,379Total deposits
$19,025Interest-bearing deposits
$21,379Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$349All other liabilities
$2,486Total equity capital
$2,486Total bank equity capital
$2,486Perpetual preferred stock
$0Common stock
$200Surplus
$2,000Undivided profits
Memoranda
$286Noncurrent loans and leases
$0Noncurrent 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)
$194Average Assets, year-to-date
$22,459Average Assets, quarterly
$1,598Volatile liabilities
$23,356Insider loans
$23,597FHLB advances
$1,863Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,751Total unused commitments
$0Restructured Loans and leases
$13,520Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,632Total interest income
$771Total interest expense
$861Net interest income
$0Provision for loan and lease losses
$109Total noninterest income
$0Fiduciary activities
$72Service charges on deposit accounts
$0Trading account gains & fees
$37Additional noninterest income
$504Total noninterest expense
$331Salaries and employee benefits
$35Premises and equipment expense
$138Additional noninterest expense
$466Pre-tax net operating income
$0Securities gains (losses)
$161Applicable income taxes
$305Income before extraordinary items
$0Extraordinary gains - net
$305Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$4Sale, conversion, retirement of capital stock, net
$240Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.39%Yield on earning assets
3.49%Cost of funding earning assets
3.90%Net interest margin
0.49%Noninterest income to earning assets
2.28%Noninterest expense to earning assets
1.31%Net operating income to assets
1.31%Return on assets (ROA)
2.00%Pretax return on assets
12.39%Return on equity (ROE)
2.64%Retained earnings to average equity (YTD only)
-0.03%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
51,959Assets per employee
3.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
78.69%Loss allowance to loans
2.15%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
57.47%Net loans and leases to core deposits
62.96%Equity capital to assets
10.27%Core capital (leverage) ratio
10.02%Tier 1 risk-based capital ratio
18.02%Total risk-based capital ratio
Memoranda
$19Average assets
$23,356Average earning assets
$2,461Average equity
$22,096Average loans
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The Farmers and Merchants State Bank, Effingham, Kansas
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