Farmers and Merchants Bank in Upperco, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Farmers and Merchants Bank in Upperco, Maryland (MD)
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Farmers and Merchants Bank - Overview

  • General
  • FDIC Certificate #: 1895
    Status: Active
    Federal Reserve ID: 891226
    Date Established: January 01, 1919
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 13167
    FDIC's unique #: 1263
    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: October 10, 2006
    Last Structure Change Process Date: October 10, 2006
    Last Data Update: October 10, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 15226 Hanover Pike, Upperco, MD 21155
    County: Baltimore
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Baltimore, MD (#720)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Baltimore-Towson, MD (#12580)
    CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
  • History of Changes
  • Corrections
  • Financial Summary
  • Total assets: $253.9 mil
    Equity capital: $24.7 mil
    Deposits held in domestic offices: $207.3 mil
    Return on assets (ROA): 0.91% ($2.3 mil)
    Quarterly return on assets: 0.84% ($2.1 mil)
    Return on Equity (ROE): 9.52% ($2.4 mil)
    Quarterly return on equity: 8.71% ($2.2 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.38% ($3,503.8 mil)
    Quarterly Pretax return on assets: 1.27% ($3,224.6 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
  • 73Total employees (full-time equivalent)
  • $253,902Total assets
  • $13,747Cash and due from depository institutions
  • $3,879Interest-bearing balances
  • $35,776Securities
  • $668Federal funds sold & reverse repurchase agreements
  • $187,671Net loans & leases
  • $2,518Loan loss allowance
  • $0Trading account assets
  • $5,877Bank premises and fixed assets
  • $1,221Other real estate owned
  • $0Goodwill and other intangibles
  • $253,902Life insurance assets
  • $8,942All other assets
  • $229,192Total liabilities and capital
  • $207,276Total liabilities
  • $171,454Total deposits
  • $207,276Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 18188.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $728Subordinated debt
  • $24,710All other liabilities
  • $24,710Total equity capital
  • $24,710Total bank equity capital
  • $0Perpetual preferred stock
  • $7,861Common stock
  • $8,054Surplus
  • $8,795Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $586Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,568Income earned, not collected on loans
  • $0Earning assets
  • $877Long-term assets (5+ years)
  • $227,994Average Assets, year-to-date
  • $36,893Average Assets, quarterly
  • $250,356Volatile liabilities
  • $255,181Insider loans
  • $198,346FHLB advances
  • $253,701Loans and leases held for sale
  • $5,728Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $24,413Tier 2 risk-based capital
  • $4,636Total risk weighted assets
  • $1,092Total unused commitments
  • $46,292Restructured Loans and leases
  • $10,861Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,665Total interest income
  • $1,844Total interest expense
  • $10,821Net interest income
  • $1,575Provision for loan and lease losses
  • $1,729Total noninterest income
  • $0Fiduciary activities
  • $600Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,129Additional noninterest income
  • $7,613Total noninterest expense
  • $4,452Salaries and employee benefits
  • $830Premises and equipment expense
  • $2,331Additional noninterest expense
  • $3,362Pre-tax net operating income
  • $82Securities gains (losses)
  • $1,177Applicable income taxes
  • $2,267Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,267Net income attributable to bank
  • $0Net charge-offs
  • $2,267Cash dividends
  • $1,493Sale, conversion, retirement of capital stock, net
  • $707Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.57%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 4.76%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 3.35%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 9.52%Return on equity (ROE)
  • 6.55%Retained earnings to average equity (YTD only)
  • 0.80%Net charge-offs to loans
  • 105.49%Credit loss provision to net charge-offs
  • 3.31%Efficiency ratio
  • 60,661Assets per employee
  • 3.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.19%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 70.57%Noncurrent assets plus other real estate owned to assets
  • 1.89%Noncurrent loans to loans
  • 1.88%Net loans and leases to deposits
  • 90.54%Net loans and leases to core deposits
  • 96.97%Equity capital to assets
  • 9.73%Core capital (leverage) ratio
  • 9.62%Tier 1 risk-based capital ratio
  • 12.31%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $250,356Average earning assets
  • $23,804Average equity
  • $227,188Average loans

List of branches

  • 7 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    01263Farmers And Merchants Bank15226 Hanover Pike, Upperco, MD 21155January 01, 1919Full Service Brick and Mortar
    1190395Hampstead Branch735 Hanover Pike, Hampstead, MD 21074April 23, 1990Full Service Brick and Mortar
    2190396Greenmount Branch2205 Hanover Pike, Hampstead, MD 21074Febuary 28, 1995Full Service Retail
    3190397Reisterstown Branch25 Westminster Pike, P.O. Box 249, Reisterstown, MD 21136June 14, 1999Full Service Brick and Mortar
    4360842Atrium Village Branch4730 Atrium Court, Owings Mills, MD 21117August 02, 2001Full Service Brick and Mortar
    5430235Owings Mills Branch9320 Lakeside Blvd, P.O. Box 409, Owings Mills, MD 21117March 15, 2004Full Service Brick and Mortar
    7522132Westminster Branch275 Clifton Road, Westminster, MD 21157July 14, 2011Full Service Brick and Mortar

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