F & M Bank and Trust Company in Manchester, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


F & M Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 16916
    Status: Active
    Federal Reserve ID: 937834
    Bank Holding Company (Regulatory Top Holder): F & M Holding Company, Inc. (RSSDID: 1129458, Location: Manchester, GA)
    Date Established: Febuary 02, 1948
    WWW: http://www.fmbankandtrust.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15988
    FDIC's unique #: 11000
    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: Commercial Lending Specialization
    Date of Deposit Insurance: June 15, 1950
    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: 142 West Main Street, Manchester, GA 31816
    County: Meriwether
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Atlanta
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Atlanta-Sandy Springs-Marietta, GA (#12060)
    CBSA Metro Statistical Area: Atlanta-Sandy Springs-Marietta, GA (#12060)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $93.2 mil
    Equity capital: $7.7 mil
    Deposits held in domestic offices: $81.3 mil
    Return on assets (ROA): -1.35% (-$1.3 mil)
    Quarterly return on assets: -1.64% (-$1.5 mil)
    Return on Equity (ROE): -15.95% (-$1.3 mil)
    Quarterly return on equity: -19.19% (-$1.5 mil)
    Net income: -$1.4 mil
    Quarterly Net income: -$0.4 mil
    Pretax return on assets: -1.34% (-$1,249.3 mil)
    Quarterly Pretax return on assets: -1.60% (-$1,491.7 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
  • 37Total employees (full-time equivalent)
  • $93,232Total assets
  • $7,279Cash and due from depository institutions
  • $2,012Interest-bearing balances
  • $6,210Securities
  • $3,100Federal funds sold & reverse repurchase agreements
  • $58,446Net loans & leases
  • $2,383Loan loss allowance
  • $0Trading account assets
  • $5,907Bank premises and fixed assets
  • $6,943Other real estate owned
  • $0Goodwill and other intangibles
  • $93,232Life insurance assets
  • $5,347All other assets
  • $85,498Total liabilities and capital
  • $81,304Total liabilities
  • $73,151Total deposits
  • $81,304Interest-bearing deposits
  • $69Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,405Trading liabilities
  • $0Other borrowed funds
  • $1,789Subordinated debt
  • $7,734All other liabilities
  • $7,734Total equity capital
  • $7,734Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $7,900Surplus
  • $-266Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,690Income earned, not collected on loans
  • $0Earning assets
  • $319Long-term assets (5+ years)
  • $69,768Average Assets, year-to-date
  • $21,701Average Assets, quarterly
  • $100,790Volatile liabilities
  • $92,728Insider loans
  • $71,247FHLB advances
  • $92,657Loans and leases held for sale
  • $4,482Unused loan commitments
  • $1,857Tier 1 (core) risk-based capital
  • $7,714Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,625Total unused commitments
  • $3,833Restructured Loans and leases
  • $1,258Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,646Total interest income
  • $1,597Total interest expense
  • $3,049Net interest income
  • $200Provision for loan and lease losses
  • $711Total noninterest income
  • $0Fiduciary activities
  • $398Service charges on deposit accounts
  • $0Trading account gains & fees
  • $313Additional noninterest income
  • $4,907Total noninterest expense
  • $2,161Salaries and employee benefits
  • $714Premises and equipment expense
  • $2,032Additional noninterest expense
  • -$1,347Pre-tax net operating income
  • $0Securities gains (losses)
  • $9Applicable income taxes
  • -$1,356Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,356Net income attributable to bank
  • $0Net charge-offs
  • -$1,356Cash dividends
  • $780Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.83%Yield on earning assets
  • 2.00%Cost of funding earning assets
  • 3.82%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 6.15%Noninterest expense to earning assets
  • -1.35%Net operating income to assets
  • -1.35%Return on assets (ROA)
  • -1.34%Pretax return on assets
  • -15.95%Return on equity (ROE)
  • -15.95%Retained earnings to average equity (YTD only)
  • 1.17%Net charge-offs to loans
  • 25.64%Credit loss provision to net charge-offs
  • -1.47%Efficiency ratio
  • 130,505Assets per employee
  • 2.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.92%Loss allowance to noncurrent loans
  • 35.62%Noncurrent assets plus other real estate owned to assets
  • 14.62%Noncurrent loans to loans
  • 11.00%Net loans and leases to deposits
  • 71.89%Net loans and leases to core deposits
  • 179.21%Equity capital to assets
  • 8.30%Core capital (leverage) ratio
  • 8.33%Tier 1 risk-based capital ratio
  • 10.83%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $100,790Average earning assets
  • $8,504Average equity
  • $79,730Average loans

List of branches

  • 2 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011000F & M Bank And Trust Company142 West Main Street, Manchester, GA 31816Febuary 02, 1948Full Service Brick and Mortar
    1239528Town And Country BranchU.S. Highway 27-A And Georgia Highway 41, Meriwether County, GA 31816August 20, 1979Limited Service Facility

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