F & M Bank and Trust Company in Manchester, Georgia (GA)



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F & M Bank and Trust Company routing number info

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F & M Bank and Trust Company
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)37
Total assets$93,232
Cash and due from depository institutions$7,279
Interest-bearing balances$2,012
Securities$6,210
Federal funds sold & reverse repurchase agreements$3,100
Net loans & leases$58,446
Loan loss allowance $2,383
Trading account assets$0
Bank premises and fixed assets$5,907
Other real estate owned$6,943
Goodwill and other intangibles$0
All other assets$5,347
Life insurance assets$93,232
Total liabilities and capital$85,498
Total liabilities$81,304
Total deposits$73,151
Interest-bearing deposits$81,304
Deposits held in domestic offices$69
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,405
Other borrowed funds $0
Subordinated debt $1,789
All other liabilities $7,734
Total equity capital$7,734
Total bank equity capital$7,734
Perpetual preferred stock$0
Common stock$100
Surplus$7,900
Undivided profits $-266
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $6,690
Earning assets $0
Long-term assets (5+ years) $319
Average Assets, year-to-date $69,768
Average Assets, quarterly $21,701
Volatile liabilities $100,790
Insider loans $92,728
FHLB advances $71,247
Loans and leases held for sale $92,657
Unused loan commitments $4,482
Tier 1 (core) risk-based capital $1,857
Tier 2 risk-based capital $7,714
Total risk weighted assets $0
Total unused commitments $2,625
Restructured Loans and leases $3,833
Derivatives$1,258
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,646
Total interest expense $1,597
Net interest income $3,049
Provision for loan and lease losses $200
Total noninterest income $711
Fiduciary activities $0
Service charges on deposit accounts $398
Trading account gains & fees $0
Additional noninterest income $313
Total noninterest expense $4,907
Salaries and employee benefits $2,161
Premises and equipment expense $714
Additional noninterest expense $2,032
Pre-tax net operating income -$1,347
Securities gains (losses) $0
Applicable income taxes $9
Income before extraordinary items -$1,356
Extraordinary gains - net $0
Net income attributable to bank -$1,356
Net charge-offs $0
Cash dividends -$1,356
Sale, conversion, retirement of capital stock, net $780
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.83%
Cost of funding earning assets 2.00%
Net interest margin 3.82%
Noninterest income to earning assets 0.89%
Noninterest expense to earning assets 6.15%
Net operating income to assets -1.35%
Return on assets (ROA) -1.35%
Pretax return on assets -1.34%
Return on equity (ROE) -15.95%
Retained earnings to average equity (YTD only) -15.95%
Net charge-offs to loans 1.17%
Credit loss provision to net charge-offs 25.64%
Efficiency ratio-1.47%
Assets per employee$130,505
Cash dividends to net income (YTD only)2.52%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.92%
Noncurrent assets plus other real estate owned to assets 35.62%
Noncurrent loans to loans 14.62%
Net loans and leases to deposits11.00%
Net loans and leases to core deposits 71.89%
Equity capital to assets 179.21%
Core capital (leverage) ratio 8.30%
Tier 1 risk-based capital ratio 8.33%
Total risk-based capital ratio 10.83%
Memoranda
Average assets$12
Average earning assets$100,790
Average equity $8,504
Average loans $79,730
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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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