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
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