Farmers & Merchants Bank in Eatonton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Farmers & Merchants Bank in Eatonton, Georgia (GA)
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Farmers & Merchants Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Institution Withdraws from FRS (Federal Reserve System)
  • Financial Summary
  • Total 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
  • 51Total employees (full-time equivalent)
  • $215,902Total assets
  • $16,733Cash and due from depository institutions
  • $14,214Interest-bearing balances
  • $64,380Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $121,999Net loans & leases
  • $2,723Loan loss allowance
  • $0Trading account assets
  • $2,963Bank premises and fixed assets
  • $6,263Other real estate owned
  • $0Goodwill and other intangibles
  • $215,902Life insurance assets
  • $3,564All other assets
  • $191,901Total liabilities and capital
  • $174,555Total liabilities
  • $153,324Total deposits
  • $174,555Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,800Trading liabilities
  • $0Other borrowed funds
  • $546Subordinated debt
  • $24,001All other liabilities
  • $24,001Total equity capital
  • $24,001Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $20,850Surplus
  • $2,951Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22,721Income earned, not collected on loans
  • $0Earning assets
  • $827Long-term assets (5+ years)
  • $200,593Average Assets, year-to-date
  • $82,046Average Assets, quarterly
  • $214,637Volatile liabilities
  • $213,695Insider loans
  • $138,669FHLB advances
  • $213,822Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,599Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,506Restructured Loans and leases
  • $1,360Derivatives

Income and Expense (December 31, 2011)

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

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.75%Yield on earning assets
  • 1.26%Cost of funding earning assets
  • 3.50%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 2.78%Noninterest expense to earning assets
  • 0.40%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.64%Pretax return on assets
  • 4.43%Return on equity (ROE)
  • 4.43%Retained earnings to average equity (YTD only)
  • 0.94%Net charge-offs to loans
  • 63.54%Credit loss provision to net charge-offs
  • 1.54%Efficiency ratio
  • 74,197Assets per employee
  • 4.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 11.98%Noncurrent assets plus other real estate owned to assets
  • 13.42%Noncurrent loans to loans
  • 18.22%Net loans and leases to deposits
  • 69.89%Net loans and leases to core deposits
  • 78.65%Equity capital to assets
  • 11.12%Core capital (leverage) ratio
  • 11.04%Tier 1 risk-based capital ratio
  • 17.02%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $214,637Average earning assets
  • $23,115Average equity
  • $200,635Average loans

List of branches

  • 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

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