Farmers and Merchants Bank and Trust in Mount Pleasant, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 06, 2005

  • Farmers and Merchants Bank and Trust in Mount Pleasant, Iowa (IA)
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Farmers and Merchants Bank and Trust - Overview

  • General
  • FDIC Certificate #: 35334
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Farmers & Merchants Bank & Trust (#13737)
    Federal Reserve ID: 2828794
    Date Established: December 01, 1999
    WWW: http://www.fmbanktrust.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 78240
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 01, 1999
    Last Structure Change Effective Date: August 06, 2005
    Last Structure Change Process Date: August 17, 2005
    Last Data Update: August 17, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 105 West Monroe Street, Mount Pleasant, IA 52641
    County: Henry
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $13.1 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, 2004)

  • Dollar figures in thousands
  • 5Total employees (full-time equivalent)
  • $11,700Total assets
  • $1,520Cash and due from depository institutions
  • $1,287Interest-bearing balances
  • $1,857Securities
  • $1,260Federal funds sold & reverse repurchase agreements
  • $6,899Net loans & leases
  • $19Loan loss allowance
  • $0Trading account assets
  • $33Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $131All other assets
  • $11,700Total liabilities and capital
  • $9,373Total liabilities
  • $9,334Total deposits
  • $8,988Interest-bearing deposits
  • $9,334Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $39All other liabilities
  • $2,327Total equity capital
  • $2,327Total bank equity capital
  • $2,327Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $2,000Undivided profits
  • Memoranda
  • $-173Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $53Average Assets, year-to-date
  • $11,303Average Assets, quarterly
  • $2,454Volatile liabilities
  • $11,474Insider loans
  • $10,779FHLB advances
  • $1,095Loans and leases held for sale
  • $395Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $19Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $506Total interest income
  • $175Total interest expense
  • $331Net interest income
  • $3Provision for loan and lease losses
  • $35Total noninterest income
  • $12Fiduciary activities
  • $18Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5Additional noninterest income
  • $313Total noninterest expense
  • $147Salaries and employee benefits
  • $31Premises and equipment expense
  • $135Additional noninterest expense
  • $50Pre-tax net operating income
  • $8Securities gains (losses)
  • $13Applicable income taxes
  • $45Income before extraordinary items
  • $0Extraordinary gains - net
  • $45Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.68%Yield on earning assets
  • 1.62%Cost of funding earning assets
  • 3.06%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 2.89%Noninterest expense to earning assets
  • 0.34%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 1.93%Return on equity (ROE)
  • 1.93%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 85,519Assets per employee
  • 2.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.27%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 73.91%Net loans and leases to core deposits
  • 83.74%Equity capital to assets
  • 19.89%Core capital (leverage) ratio
  • 21.07%Tier 1 risk-based capital ratio
  • 31.69%Total risk-based capital ratio
  • Memoranda
  • $32Average assets
  • $11,474Average earning assets
  • $2,328Average equity
  • $10,817Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,137Managed Assets
  • 1Number of Accounts
  • $843Personal trust and agency accounts
  • $843Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 4Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $294Other retirement accounts
  • $294Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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