Farmers & Merchants State Bank in Waterloo, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


Farmers & Merchants State Bank - Overview

  • General
  • FDIC Certificate #: 13242
    Status: Active
    Federal Reserve ID: 79145
    Bank Holding Company (Regulatory Top Holder): Maunesha Bancshares, Inc. (RSSDID: 3087039, Location: Waterloo, WI)
    Date Established: January 01, 1897
    WWW: http://www.fandmstbk.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)
    FDIC's unique #: 8377
    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 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 210 West Madison, Waterloo, WI 53594
    County: Jefferson
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Milwaukee
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Watertown-Fort Atkinson, WI (#48020)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $143.8 mil
    Equity capital: $16.7 mil
    Deposits held in domestic offices: $108.0 mil
    Return on assets (ROA): 0.42% ($0.6 mil)
    Quarterly return on assets: 0.84% ($1.2 mil)
    Return on Equity (ROE): 3.42% ($0.6 mil)
    Quarterly return on equity: 7.06% ($1.2 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.48% ($690.2 mil)
    Quarterly Pretax return on assets: 1.24% ($1,783.0 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
  • 35Total employees (full-time equivalent)
  • $143,792Total assets
  • $2,156Cash and due from depository institutions
  • $2Interest-bearing balances
  • $27,408Securities
  • $1,796Federal funds sold & reverse repurchase agreements
  • $106,044Net loans & leases
  • $1,711Loan loss allowance
  • $0Trading account assets
  • $1,691Bank premises and fixed assets
  • $1,155Other real estate owned
  • $0Goodwill and other intangibles
  • $143,792Life insurance assets
  • $3,542All other assets
  • $127,044Total liabilities and capital
  • $107,987Total liabilities
  • $91,103Total deposits
  • $107,987Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $17,869Trading liabilities
  • $0Other borrowed funds
  • $1,188Subordinated debt
  • $16,748All other liabilities
  • $16,748Total equity capital
  • $16,748Total bank equity capital
  • $0Perpetual preferred stock
  • $489Common stock
  • $7,337Surplus
  • $8,922Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $365Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,371Income earned, not collected on loans
  • $0Earning assets
  • $994Long-term assets (5+ years)
  • $135,250Average Assets, year-to-date
  • $32,566Average Assets, quarterly
  • $137,043Volatile liabilities
  • $141,478Insider loans
  • $118,166FHLB advances
  • $139,673Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,065Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $19,663Restructured Loans and leases
  • $141Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,219Total interest income
  • $1,748Total interest expense
  • $4,471Net interest income
  • $875Provision for loan and lease losses
  • $928Total noninterest income
  • $0Fiduciary activities
  • $269Service charges on deposit accounts
  • $0Trading account gains & fees
  • $659Additional noninterest income
  • $3,870Total noninterest expense
  • $1,968Salaries and employee benefits
  • $299Premises and equipment expense
  • $1,603Additional noninterest expense
  • $654Pre-tax net operating income
  • $0Securities gains (losses)
  • $80Applicable income taxes
  • $574Income before extraordinary items
  • $0Extraordinary gains - net
  • $574Net income attributable to bank
  • $0Net charge-offs
  • $574Cash dividends
  • $952Sale, conversion, retirement of capital stock, net
  • $520Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.85%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.49%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • 0.42%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.48%Pretax return on assets
  • 3.42%Return on equity (ROE)
  • 0.32%Retained earnings to average equity (YTD only)
  • 1.00%Net charge-offs to loans
  • 91.91%Credit loss provision to net charge-offs
  • 1.61%Efficiency ratio
  • 71,680Assets per employee
  • 4.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 90.59%Loss allowance to loans
  • 1.59%Loss allowance to noncurrent loans
  • 72.16%Noncurrent assets plus other real estate owned to assets
  • 2.45%Noncurrent loans to loans
  • 2.20%Net loans and leases to deposits
  • 98.20%Net loans and leases to core deposits
  • 100.48%Equity capital to assets
  • 11.65%Core capital (leverage) ratio
  • 11.50%Tier 1 risk-based capital ratio
  • 13.60%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $137,043Average earning assets
  • $16,796Average equity
  • $128,208Average loans

List of branches

  • 2 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08377Farmers & Merchants State Bank210 West Madison, Waterloo, WI 53594January 01, 1897Full Service Brick and Mortar
    1229374Marshall Branch218 West Main, Marshall, WI 53559Febuary 08, 1937Full Service Brick and Mortar

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