Farmers & Merchants Bank in Duke, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmers & Merchants Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 5Total employees (full-time equivalent)
  • $17,978Total assets
  • $532Cash and due from depository institutions
  • $250Interest-bearing balances
  • $4,801Securities
  • $7,739Federal funds sold & reverse repurchase agreements
  • $4,584Net loans & leases
  • $76Loan loss allowance
  • $0Trading account assets
  • $22Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $17,978Life insurance assets
  • $300All other assets
  • $16,159Total liabilities and capital
  • $16,129Total liabilities
  • $9,098Total deposits
  • $16,129Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $30Subordinated debt
  • $1,819All other liabilities
  • $1,819Total equity capital
  • $1,819Total bank equity capital
  • $0Perpetual preferred stock
  • $150Common stock
  • $225Surplus
  • $1,444Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $71Long-term assets (5+ years)
  • $17,374Average Assets, year-to-date
  • $882Average Assets, quarterly
  • $17,416Volatile liabilities
  • $17,721Insider loans
  • $8,032FHLB advances
  • $18,143Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,819Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $398Restructured Loans and leases
  • $214Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $410Total interest income
  • $91Total interest expense
  • $319Net interest income
  • $0Provision for loan and lease losses
  • $78Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $78Additional noninterest income
  • $358Total noninterest expense
  • $191Salaries and employee benefits
  • $8Premises and equipment expense
  • $159Additional noninterest expense
  • $39Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $39Income before extraordinary items
  • $0Extraordinary gains - net
  • $39Net income attributable to bank
  • $0Net charge-offs
  • $39Cash dividends
  • -$1Sale, conversion, retirement of capital stock, net
  • $30Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.46%Yield on earning assets
  • 0.55%Cost of funding earning assets
  • 1.91%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 2.15%Noninterest expense to earning assets
  • 0.22%Net operating income to assets
  • 0.22%Return on assets (ROA)
  • 0.22%Pretax return on assets
  • 2.13%Return on equity (ROE)
  • 0.49%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 90,176Assets per employee
  • 3.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 76.92%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 28.42%Net loans and leases to core deposits
  • 29.61%Equity capital to assets
  • 10.12%Core capital (leverage) ratio
  • 10.03%Tier 1 risk-based capital ratio
  • 22.65%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $17,416Average earning assets
  • $1,830Average equity
  • $16,680Average loans

List of branches

  • 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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