Farmers and Merchants Bank in Arnett, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Farmers and Merchants Bank in Arnett, Oklahoma (OK)
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Farmers and Merchants Bank - Overview

  • General
  • FDIC Certificate #: 13415
    Status: Active
    Federal Reserve ID: 257653
    Date Established: December 28, 1908
    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 #: 8448
    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: 225 E. Renfrow Ave, Arnett, OK 73832
    County: Ellis
    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
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $53.5 mil
    Equity capital: $5.3 mil
    Deposits held in domestic offices: $48.1 mil
    Return on assets (ROA): 0.92% ($0.5 mil)
    Quarterly return on assets: 0.81% ($0.4 mil)
    Return on Equity (ROE): 8.89% ($0.4 mil)
    Quarterly return on equity: 8.15% ($0.4 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.92% ($492.0 mil)
    Quarterly Pretax return on assets: 0.81% ($433.1 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
  • 9Total employees (full-time equivalent)
  • $53,474Total assets
  • $15,870Cash and due from depository institutions
  • $12,811Interest-bearing balances
  • $14,021Securities
  • $1,487Federal funds sold & reverse repurchase agreements
  • $21,605Net loans & leases
  • $481Loan loss allowance
  • $0Trading account assets
  • $22Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $53,474Life insurance assets
  • $469All other assets
  • $48,154Total liabilities and capital
  • $48,084Total liabilities
  • $35,259Total deposits
  • $48,084Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $70Subordinated debt
  • $5,320All other liabilities
  • $5,320Total equity capital
  • $5,320Total bank equity capital
  • $0Perpetual preferred stock
  • $200Common stock
  • $300Surplus
  • $4,820Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $51Income earned, not collected on loans
  • $0Earning assets
  • $370Long-term assets (5+ years)
  • $49,924Average Assets, year-to-date
  • $9,823Average Assets, quarterly
  • $49,623Volatile liabilities
  • $53,156Insider loans
  • $23,618FHLB advances
  • $53,821Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,120Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,488Restructured Loans and leases
  • $11Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,592Total interest income
  • $273Total interest expense
  • $1,319Net interest income
  • $123Provision for loan and lease losses
  • $180Total noninterest income
  • $0Fiduciary activities
  • $122Service charges on deposit accounts
  • $0Trading account gains & fees
  • $58Additional noninterest income
  • $918Total noninterest expense
  • $546Salaries and employee benefits
  • $86Premises and equipment expense
  • $286Additional noninterest expense
  • $458Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $458Income before extraordinary items
  • $0Extraordinary gains - net
  • $458Net income attributable to bank
  • $0Net charge-offs
  • $458Cash dividends
  • $123Sale, conversion, retirement of capital stock, net
  • $120Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.44%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 2.85%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 1.98%Noninterest expense to earning assets
  • 0.92%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 0.92%Pretax return on assets
  • 8.89%Return on equity (ROE)
  • 6.56%Retained earnings to average equity (YTD only)
  • 0.56%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 4.72%Efficiency ratio
  • 61,241Assets per employee
  • 5.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 26.20%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 943.14%Noncurrent assets plus other real estate owned to assets
  • 0.10%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 44.93%Net loans and leases to core deposits
  • 44.93%Equity capital to assets
  • 9.95%Core capital (leverage) ratio
  • 9.51%Tier 1 risk-based capital ratio
  • 21.68%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $49,623Average earning assets
  • $5,149Average equity
  • $46,322Average loans

List of branches

  • 1 Oklahoma Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08448Farmers And Merchants Bank225 E. Renfrow Ave, Arnett, OK 73832December 28, 1908Full Service Brick and Mortar

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