Farmer's and Merchants Bank in Trezevant, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmer's and Merchants Bank - Overview

  • General
  • FDIC Certificate #: 8439
    Status: Active
    Federal Reserve ID: 531250
    Bank Holding Company (Regulatory Top Holder): F & M Bancshares, Inc. (RSSDID: 1135806, Location: Trezevant, TN)
    Date Established: January 01, 1916
    WWW: http://www.fmb-tn.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 10838
    FDIC's unique #: 5371
    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: January 01, 1934
    Last Structure Change Effective Date: December 31, 2010
    Last Structure Change Process Date: April 12, 2011
    Last Data Update: April 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 5420 Broad Street South, Trezevant, TN 38258
    County: Carroll
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $264.1 mil
    Equity capital: $22.7 mil
    Deposits held in domestic offices: $231.2 mil
    Return on assets (ROA): 0.71% ($1.9 mil)
    Quarterly return on assets: 0.82% ($2.2 mil)
    Return on Equity (ROE): 8.53% ($2.0 mil)
    Quarterly return on equity: 9.66% ($2.2 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.12% ($2,957.8 mil)
    Quarterly Pretax return on assets: 1.51% ($3,987.8 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
  • 75Total employees (full-time equivalent)
  • $264,090Total assets
  • $16,855Cash and due from depository institutions
  • $1,177Interest-bearing balances
  • $12,537Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $216,846Net loans & leases
  • $2,374Loan loss allowance
  • $0Trading account assets
  • $8,350Bank premises and fixed assets
  • $1,623Other real estate owned
  • $1,047Goodwill and other intangibles
  • $264,090Life insurance assets
  • $6,832All other assets
  • $241,427Total liabilities and capital
  • $231,171Total liabilities
  • $198,040Total deposits
  • $231,171Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,149Trading liabilities
  • $0Other borrowed funds
  • $2,107Subordinated debt
  • $22,663All other liabilities
  • $22,663Total equity capital
  • $22,663Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $16,691Surplus
  • $5,822Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $250Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,735Income earned, not collected on loans
  • $21Earning assets
  • $1,504Long-term assets (5+ years)
  • $230,560Average Assets, year-to-date
  • $67,496Average Assets, quarterly
  • $262,891Volatile liabilities
  • $264,643Insider loans
  • $208,544FHLB advances
  • $265,152Loans and leases held for sale
  • $2,490Unused loan commitments
  • $2,049Tier 1 (core) risk-based capital
  • $21,106Tier 2 risk-based capital
  • $441Total risk weighted assets
  • $0Total unused commitments
  • $26,095Restructured Loans and leases
  • $2,369Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,276Total interest income
  • $3,375Total interest expense
  • $11,901Net interest income
  • $1,598Provision for loan and lease losses
  • $951Total noninterest income
  • $0Fiduciary activities
  • $1,024Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$73Additional noninterest income
  • $8,424Total noninterest expense
  • $4,159Salaries and employee benefits
  • $1,076Premises and equipment expense
  • $3,189Additional noninterest expense
  • $2,830Pre-tax net operating income
  • $114Securities gains (losses)
  • $1,080Applicable income taxes
  • $1,864Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,864Net income attributable to bank
  • $0Net charge-offs
  • $1,864Cash dividends
  • $1,299Sale, conversion, retirement of capital stock, net
  • $850Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.76%Yield on earning assets
  • 1.49%Cost of funding earning assets
  • 5.26%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 3.73%Noninterest expense to earning assets
  • 0.68%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 8.53%Return on equity (ROE)
  • 4.64%Retained earnings to average equity (YTD only)
  • 0.61%Net charge-offs to loans
  • 123.02%Credit loss provision to net charge-offs
  • 3.41%Efficiency ratio
  • 64,278Assets per employee
  • 3.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.60%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 86.80%Noncurrent assets plus other real estate owned to assets
  • 1.65%Noncurrent loans to loans
  • 1.25%Net loans and leases to deposits
  • 93.80%Net loans and leases to core deposits
  • 100.30%Equity capital to assets
  • 8.58%Core capital (leverage) ratio
  • 7.96%Tier 1 risk-based capital ratio
  • 10.12%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $262,891Average earning assets
  • $21,843Average equity
  • $226,067Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $181Managed Assets
  • 1Number of Accounts
  • $181Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $181Non-managed Assets
  • 23Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05371Farmer's And Merchants Bank5420 Broad Street South, Trezevant, TN 38258January 01, 1916Full Service Brick and Mortar
    1218477Bolivar Branch1315 West Market Street, Bolivar, TN 38008December 18, 1995Full Service Brick and Mortar
    2218478Rutherford Branch463 North Trenton Street, Rutherford, TN 38369September 14, 1998Full Service Brick and Mortar
    3362159Three Way Branch388 Hwy 45 W, Humboldt, TN 38343December 06, 2000Full Service Brick and Mortar
    4442287Farmers & Merchants Bank - Mckenzie16830 Highland Drive, Mc Kenzie, TN 38201January 03, 2005Full Service Brick and Mortar
    557162Citizens City & County Bank Branch100 West Armory, Trenton, TN 38382March 24, 1997Full Service Brick and Mortar
    6190012Southside Branch107 West Armory Street, Trenton, TN 38382November 01, 1971Full Service Brick and Mortar

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