Farmers Bank & Trust Company in Magnolia, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Farmers Bank & Trust Company in Magnolia, Arkansas (AR)
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Farmers Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 1291
    Status: Active
    Federal Reserve ID: 12946
    Bank Holding Company (Regulatory Top Holder): Magnolia Banking Corporation (RSSDID: 1135413, Location: Magnolia, AR)
    Date Established: January 01, 1906
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 10472
    FDIC's unique #: 867
    Numeric code: 13
    Regulator: FED
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 05, 2008
    Last Structure Change Process Date: November 05, 2008
    Last Data Update: November 05, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 East Main, Magnolia, AR 71753
    County: Columbia
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Magnolia, AR (#31620)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Institution Becomes a Member of FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $734.1 mil
    Equity capital: $75.9 mil
    Deposits held in domestic offices: $634.1 mil
    Return on assets (ROA): 1.45% ($10.6 mil)
    Quarterly return on assets: 1.50% ($11.0 mil)
    Return on Equity (ROE): 14.27% ($10.8 mil)
    Quarterly return on equity: 14.50% ($11.0 mil)
    Net income: $10.2 mil
    Quarterly Net income: $2.7 mil
    Pretax return on assets: 1.45% ($10,644.1 mil)
    Quarterly Pretax return on assets: 1.50% ($11,011.1 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
  • 157Total employees (full-time equivalent)
  • $734,076Total assets
  • $12,849Cash and due from depository institutions
  • $2,290Interest-bearing balances
  • $168,295Securities
  • $2,724Federal funds sold & reverse repurchase agreements
  • $500,470Net loans & leases
  • $10,811Loan loss allowance
  • $0Trading account assets
  • $11,978Bank premises and fixed assets
  • $6,459Other real estate owned
  • $10,656Goodwill and other intangibles
  • $734,076Life insurance assets
  • $20,645All other assets
  • $658,212Total liabilities and capital
  • $634,089Total liabilities
  • $565,371Total deposits
  • $634,089Interest-bearing deposits
  • $76Deposits held in domestic offices
  • 1000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $17,466Trading liabilities
  • $0Other borrowed funds
  • $5,657Subordinated debt
  • $75,864All other liabilities
  • $75,864Total equity capital
  • $75,864Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $17,119Surplus
  • $58,744Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $121Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,067Income earned, not collected on loans
  • $343Earning assets
  • $3,722Long-term assets (5+ years)
  • $673,779Average Assets, year-to-date
  • $180,530Average Assets, quarterly
  • $703,717Volatile liabilities
  • $725,371Insider loans
  • $510,611FHLB advances
  • $694,555Loans and leases held for sale
  • $11,312Unused loan commitments
  • $1,085Tier 1 (core) risk-based capital
  • $64,230Tier 2 risk-based capital
  • $10,227Total risk weighted assets
  • $0Total unused commitments
  • $55,117Restructured Loans and leases
  • $2,803Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $34,546Total interest income
  • $7,198Total interest expense
  • $27,348Net interest income
  • $5,662Provision for loan and lease losses
  • $4,899Total noninterest income
  • $298Fiduciary activities
  • $2,628Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,973Additional noninterest income
  • $16,419Total noninterest expense
  • $8,406Salaries and employee benefits
  • $2,183Premises and equipment expense
  • $5,830Additional noninterest expense
  • $10,166Pre-tax net operating income
  • $8Securities gains (losses)
  • $0Applicable income taxes
  • $10,174Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,174Net income attributable to bank
  • $0Net charge-offs
  • $10,174Cash dividends
  • $3,144Sale, conversion, retirement of capital stock, net
  • $3,525Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.37%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 4.25%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 2.55%Noninterest expense to earning assets
  • 1.44%Net operating income to assets
  • 1.45%Return on assets (ROA)
  • 1.45%Pretax return on assets
  • 14.27%Return on equity (ROE)
  • 9.33%Retained earnings to average equity (YTD only)
  • 0.61%Net charge-offs to loans
  • 180.09%Credit loss provision to net charge-offs
  • 5.03%Efficiency ratio
  • 48,867Assets per employee
  • 4.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 34.65%Loss allowance to loans
  • 2.11%Loss allowance to noncurrent loans
  • 89.59%Noncurrent assets plus other real estate owned to assets
  • 2.52%Noncurrent loans to loans
  • 2.36%Net loans and leases to deposits
  • 78.93%Net loans and leases to core deposits
  • 105.00%Equity capital to assets
  • 10.33%Core capital (leverage) ratio
  • 9.25%Tier 1 risk-based capital ratio
  • 12.58%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $703,717Average earning assets
  • $71,297Average equity
  • $643,673Average 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
  • $82,804Managed Assets
  • 1Number of Accounts
  • $49,712Personal trust and agency accounts
  • $15,779Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $803Corporate trust and agency accounts
  • $11,771Investment management agency accounts
  • $4,005Other fiduciary accounts
  • $17,354Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 267Number of Accounts
  • $0Personal trust and agency accounts
  • $803Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $33,092Other retirement accounts
  • $3,372Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $21,214Fiduciary accounts held in foreign offices

List of branches

  • 13 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0867Farmers Bank & Trust Company200 East Main, Magnolia, AR 71753January 01, 1906Full Service Brick and Mortar
    1189269Drive-In Branch205 East Main, Magnolia, AR 71753April 09, 1975Limited Service Facility
    2189270Farmers Motor Branch1128 East Main, Magnolia, AR 71753October 01, 1981Limited Service Facility
    5189272University Branch2106 North Jackson, Magnolia, AR 71753October 11, 1994Limited Service Facility
    6189273Arkla Branch15064 Highway 132, Taylor, AR 71861September 19, 1994Full Service Brick and Mortar
    78880Jefferson/Camden Branch116 Jefferson Street, S.W., Camden, AR 71701January 01, 1934Full Service Brick and Mortar
    9231196West Washington Branch1140 Washington Street, N.W., Camden, AR 71701January 26, 1966Limited Service Facility
    11429942Trust Department Branch217 E. Union St., Magnolia, AR 71753May 21, 2004Limited Service Trust
    13443359Cardinal Branch1125 Fairview Road, Camden, AR 71701August 27, 2004Limited Service Facility
    14443360East Camden Branch536 Highway 274, Camden, AR 71701August 27, 2004Limited Service Facility
    1547141Malvern Branch521 East Page, Malvern, AR 72104October 09, 1959Full Service Brick and Mortar
    16289627Rockport Branch1929 Oliver Lancaster Blvd., Malvern, AR 72104September 08, 1997Full Service Brick and Mortar
    17430174Haskell Branch112 N. Hwy 229, Haskell, AR 72015July 19, 2004Full Service Brick and Mortar

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