Farmers Bank, a Federal Savings Bank in Baltimore, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 22, 1995

  • Farmers Bank, a Federal Savings Bank in Baltimore, Maryland (MD)
  • Show street view No street view available for this location

Farmers Bank, a Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 32581
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Mariner Bank (#31286)
    Federal Reserve ID: 307772
    Date Established: May 12, 1892
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8487
    FDIC's unique #: 45415
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: May 12, 1988
    Last Structure Change Effective Date: May 22, 1995
    Last Structure Change Process Date: July 19, 1995
    Last Data Update: January 31, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 815 Scott Street, Baltimore, MD 21230
    County: Baltimore City
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Baltimore, MD (#720)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Baltimore-Towson, MD (#12580)
    CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $12.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $10Total assets
  • $12,171Cash and due from depository institutions
  • $796Interest-bearing balances
  • $164Securities
  • $161Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $10,518Loan loss allowance
  • $117Trading account assets
  • $0Bank premises and fixed assets
  • $187Other real estate owned
  • $0Goodwill and other intangibles
  • $417Life insurance assets
  • $92All other assets
  • $0Total liabilities and capital
  • $12,171Total liabilities
  • $11,397Total deposits
  • $9,319Interest-bearing deposits
  • $8,548Deposits held in domestic offices
  • 9319.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,025Subordinated debt
  • $0All other liabilities
  • $53Total equity capital
  • $53Total bank equity capital
  • $774Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $415Undivided profits
  • Memoranda
  • $358Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $388Income earned, not collected on loans
  • $74Earning assets
  • $10,843Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $12,350Average Assets, quarterly
  • $12,278Volatile liabilities
  • $2,616Insider loans
  • $0FHLB advances
  • $2,000Loans and leases held for sale
  • $0Unused loan commitments
  • $91Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $774Total risk weighted assets
  • $6,425Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $907Total interest expense
  • $400Net interest income
  • $507Provision for loan and lease losses
  • $53Total noninterest income
  • $73Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $73Total noninterest expense
  • $707Salaries and employee benefits
  • $319Premises and equipment expense
  • $179Additional noninterest expense
  • $209Pre-tax net operating income
  • -$180Securities gains (losses)
  • $0Applicable income taxes
  • -$32Income before extraordinary items
  • -$148Extraordinary gains - net
  • $0Net income attributable to bank
  • -$148Net charge-offs
  • $24Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $134Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.50%Cost of funding earning assets
  • 3.75%Net interest margin
  • 4.75%Noninterest income to earning assets
  • 0.68%Noninterest expense to earning assets
  • 6.63%Net operating income to assets
  • -1.20%Return on assets (ROA)
  • -1.20%Pretax return on assets
  • -1.46%Return on equity (ROE)
  • -19.89%Retained earnings to average equity (YTD only)
  • -19.89%Net charge-offs to loans
  • 0.23%Credit loss provision to net charge-offs
  • 220.83%Efficiency ratio
  • 118,966Assets per employee
  • 1.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 30.15%Noncurrent assets plus other real estate owned to assets
  • 3.19%Noncurrent loans to loans
  • 3.65%Net loans and leases to deposits
  • 112.87%Net loans and leases to core deposits
  • 120.51%Equity capital to assets
  • 6.36%Core capital (leverage) ratio
  • 6.36%Tier 1 risk-based capital ratio
  • 12.05%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $12,350Average earning assets
  • $744Average equity
  • $10,666Average loans

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