Farmers & Merchants Bank in Eatonton, Georgia (GA)

Show street view No street view available for this location

Farmers & Merchants Bank routing number info

Table of contents:
Farmers & Merchants Bank
GeneralFDIC Certificate #: 9069
Status: Active
Federal Reserve ID: 64730
Bank Holding Company (Regulatory Top Holder): Putnam-Greene Financial Corporation (RSSDID: 1246252, Location: Eatonton, GA)
Date Established: November 15, 1922
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 5805
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: March 14, 2007
Last Structure Change Process Date: March 23, 2007
Last Data Update: March 23, 2007
Data Source Date: April 05, 2012
LocationAddress: 100 South Madison Avenue, Eatonton, GA 31024
County: Putnam
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Atlanta
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
History of ChangesChange in Primary Regulatory Agency
Change in Supervisory Agency
Institution Withdraws from FRS (Federal Reserve System)
Financial SummaryTotal assets: $215.9 mil
Equity capital: $24.0 mil
Deposits held in domestic offices: $174.6 mil
Return on assets (ROA): 0.48% ($1.0 mil)
Quarterly return on assets: 0.24% ($0.5 mil)
Return on Equity (ROE): 4.43% ($1.1 mil)
Quarterly return on equity: 2.17% ($0.5 mil)
Net income: $1.0 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.64% ($1,381.8 mil)
Quarterly Pretax return on assets: 0.28% ($604.5 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)51
Total assets$215,902
Cash and due from depository institutions$16,733
Interest-bearing balances$14,214
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$121,999
Loan loss allowance $2,723
Trading account assets$0
Bank premises and fixed assets$2,963
Other real estate owned$6,263
Goodwill and other intangibles$0
All other assets$3,564
Life insurance assets$215,902
Total liabilities and capital$191,901
Total liabilities$174,555
Total deposits$153,324
Interest-bearing deposits$174,555
Deposits held in domestic offices$86
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$16,800
Other borrowed funds $0
Subordinated debt $546
All other liabilities $24,001
Total equity capital$24,001
Total bank equity capital$24,001
Perpetual preferred stock$0
Common stock$200
Undivided profits $2,951
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 $22,721
Earning assets $0
Long-term assets (5+ years) $827
Average Assets, year-to-date $200,593
Average Assets, quarterly $82,046
Volatile liabilities $214,637
Insider loans $213,695
FHLB advances $138,669
Loans and leases held for sale $213,822
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $23,599
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,506
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,538
Total interest expense $2,520
Net interest income $7,018
Provision for loan and lease losses $800
Total noninterest income $512
Fiduciary activities $0
Service charges on deposit accounts $283
Trading account gains & fees $0
Additional noninterest income $229
Total noninterest expense $5,587
Salaries and employee benefits $2,755
Premises and equipment expense $446
Additional noninterest expense $2,386
Pre-tax net operating income $1,143
Securities gains (losses) $229
Applicable income taxes $348
Income before extraordinary items $1,024
Extraordinary gains - net $0
Net income attributable to bank $1,024
Net charge-offs $0
Cash dividends $1,024
Sale, conversion, retirement of capital stock, net $1,259
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.75%
Cost of funding earning assets 1.26%
Net interest margin 3.50%
Noninterest income to earning assets 0.26%
Noninterest expense to earning assets 2.78%
Net operating income to assets 0.40%
Return on assets (ROA) 0.48%
Pretax return on assets 0.64%
Return on equity (ROE) 4.43%
Retained earnings to average equity (YTD only) 4.43%
Net charge-offs to loans 0.94%
Credit loss provision to net charge-offs 63.54%
Efficiency ratio1.54%
Assets per employee$74,197
Cash dividends to net income (YTD only)4.23%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.18%
Noncurrent assets plus other real estate owned to assets 11.98%
Noncurrent loans to loans 13.42%
Net loans and leases to deposits18.22%
Net loans and leases to core deposits 69.89%
Equity capital to assets 78.65%
Core capital (leverage) ratio 11.12%
Tier 1 risk-based capital ratio 11.04%
Total risk-based capital ratio 17.02%
Average assets$18
Average earning assets$214,637
Average equity $23,115
Average loans $200,635
Back to page top, Back to table top

2 Georgia Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05805Farmers & Merchants Bank100 South Madison Avenue, Eatonton, GA 31024November 15, 1922Full Service Brick and Mortar
1465554Oconee Parkway Branch1011 Lake Oconee Parkway, Eatonton, GA 31024May 23, 2005Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Farmers & Merchants Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.