Farmers & Merchants Bank of Colby in Colby, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmers & Merchants Bank of Colby - Overview

  • General
  • FDIC Certificate #: 34719
    Status: Active
    Federal Reserve ID: 2667939
    Bank Holding Company (Regulatory Top Holder): Security Bancshares, Inc. (RSSDID: 1248836, Location: Scott City, KS)
    Date Established: March 13, 1998
    WWW: http://www.fmbcolby.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15958
    FDIC's unique #: 61323
    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: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: March 13, 1998
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: October 07, 2010
    Last Data Update: October 07, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 240 West Fourth Street, Colby, KS 67701
    County: Thomas
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Hays
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
    Corrections
  • Financial Summary
  • Total assets: $138.1 mil
    Equity capital: $14.9 mil
    Deposits held in domestic offices: $95.3 mil
    Return on assets (ROA): 1.37% ($1.9 mil)
    Quarterly return on assets: 1.06% ($1.5 mil)
    Return on Equity (ROE): 12.38% ($1.9 mil)
    Quarterly return on equity: 9.44% ($1.4 mil)
    Net income: $1.7 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.98% ($2,734.0 mil)
    Quarterly Pretax return on assets: 1.52% ($2,098.8 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
  • 20Total employees (full-time equivalent)
  • $138,079Total assets
  • $18,157Cash and due from depository institutions
  • $14,645Interest-bearing balances
  • $46,206Securities
  • $455Federal funds sold & reverse repurchase agreements
  • $68,001Net loans & leases
  • $781Loan loss allowance
  • $0Trading account assets
  • $537Bank premises and fixed assets
  • $640Other real estate owned
  • $472Goodwill and other intangibles
  • $138,079Life insurance assets
  • $3,611All other assets
  • $123,219Total liabilities and capital
  • $95,275Total liabilities
  • $85,319Total deposits
  • $95,275Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 6948.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $20,194Trading liabilities
  • $0Other borrowed funds
  • $802Subordinated debt
  • $14,860All other liabilities
  • $14,860Total equity capital
  • $14,860Total bank equity capital
  • $0Perpetual preferred stock
  • $3,000Common stock
  • $3,000Surplus
  • $8,860Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $161Income earned, not collected on loans
  • $28Earning assets
  • $1,293Long-term assets (5+ years)
  • $129,307Average Assets, year-to-date
  • $65,951Average Assets, quarterly
  • $124,776Volatile liabilities
  • $131,151Insider loans
  • $85,302FHLB advances
  • $125,963Loans and leases held for sale
  • $242Unused loan commitments
  • $242Tier 1 (core) risk-based capital
  • $13,154Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,473Restructured Loans and leases
  • $1,926Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,515Total interest income
  • $1,232Total interest expense
  • $4,283Net interest income
  • $0Provision for loan and lease losses
  • $303Total noninterest income
  • $0Fiduciary activities
  • $76Service charges on deposit accounts
  • $0Trading account gains & fees
  • $227Additional noninterest income
  • $2,033Total noninterest expense
  • $1,048Salaries and employee benefits
  • $229Premises and equipment expense
  • $756Additional noninterest expense
  • $2,553Pre-tax net operating income
  • -$83Securities gains (losses)
  • $766Applicable income taxes
  • $1,704Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,704Net income attributable to bank
  • $0Net charge-offs
  • $1,704Cash dividends
  • $36Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.70%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 3.65%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 1.73%Noninterest expense to earning assets
  • 1.41%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 1.98%Pretax return on assets
  • 12.38%Return on equity (ROE)
  • 12.38%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 70.92%Efficiency ratio
  • 44,331Assets per employee
  • 6.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 485.09%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 71.37%Net loans and leases to core deposits
  • 85.58%Equity capital to assets
  • 10.76%Core capital (leverage) ratio
  • 10.44%Tier 1 risk-based capital ratio
  • 15.42%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $124,776Average earning assets
  • $13,763Average equity
  • $117,443Average loans

List of branches

  • 2 Kansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061323Farmers & Merchants Bank Of Colby240 West Fourth Street, Colby, KS 67701March 13, 1998Full Service Brick and Mortar
    2290792Dillons Branch1605 South Range, Colby, KS 67701January 13, 2000Full Service Retail

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