Farmers & Merchants Bank in Duke, Oklahoma (OK)



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Farmers & Merchants Bank routing number info

Table of contents:
Farmers & Merchants Bank
GeneralFDIC Certificate #: 12284
Status: Active
Federal Reserve ID: 273859
Date Established: May 02, 1910
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 7806
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: January 01, 1934
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: 101 East Second Street, Duke, OK 73532
County: Jackson
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Oklahoma City
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Altus, OK (#11060)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $18.0 mil
Equity capital: $1.8 mil
Deposits held in domestic offices: $16.1 mil
Return on assets (ROA): 0.22% ($0.0 mil)
Quarterly return on assets: -0.23% (-$0.0 mil)
Return on Equity (ROE): 2.13% ($0.0 mil)
Quarterly return on equity: -2.18% (-$0.0 mil)
Net income: $0.0 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.22% ($39.6 mil)
Quarterly Pretax return on assets: -0.23% (-$41.3 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)5
Total assets$17,978
Cash and due from depository institutions$532
Interest-bearing balances$250
Securities$4,801
Federal funds sold & reverse repurchase agreements$7,739
Net loans & leases$4,584
Loan loss allowance $76
Trading account assets$0
Bank premises and fixed assets$22
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$300
Life insurance assets$17,978
Total liabilities and capital$16,159
Total liabilities$16,129
Total deposits$9,098
Interest-bearing deposits$16,129
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $30
All other liabilities $1,819
Total equity capital$1,819
Total bank equity capital$1,819
Perpetual preferred stock$0
Common stock$150
Surplus$225
Undivided profits $1,444
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 $0
Earning assets $0
Long-term assets (5+ years) $71
Average Assets, year-to-date $17,374
Average Assets, quarterly $882
Volatile liabilities $17,416
Insider loans $17,721
FHLB advances $8,032
Loans and leases held for sale $18,143
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $1,819
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $398
Derivatives$214
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $410
Total interest expense $91
Net interest income $319
Provision for loan and lease losses $0
Total noninterest income $78
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $78
Total noninterest expense $358
Salaries and employee benefits $191
Premises and equipment expense $8
Additional noninterest expense $159
Pre-tax net operating income $39
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $39
Extraordinary gains - net $0
Net income attributable to bank $39
Net charge-offs $0
Cash dividends $39
Sale, conversion, retirement of capital stock, net -$1
Net operating income $30
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets2.46%
Cost of funding earning assets 0.55%
Net interest margin 1.91%
Noninterest income to earning assets 0.47%
Noninterest expense to earning assets 2.15%
Net operating income to assets 0.22%
Return on assets (ROA) 0.22%
Pretax return on assets 0.22%
Return on equity (ROE) 2.13%
Retained earnings to average equity (YTD only) 0.49%
Net charge-offs to loans -0.02%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$90,176
Cash dividends to net income (YTD only)3.60%
Condition Ratios (%)
Loss allowance to loans 76.92%
Loss allowance to noncurrent loans 1.63%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 28.42%
Equity capital to assets 29.61%
Core capital (leverage) ratio 10.12%
Tier 1 risk-based capital ratio 10.03%
Total risk-based capital ratio 22.65%
Memoranda
Average assets$24
Average earning assets$17,416
Average equity $1,830
Average loans $16,680
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1 Oklahoma Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
07806Farmers & Merchants Bank101 East Second Street, Duke, OK 73532May 02, 1910Full Service Brick and Mortar
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