Farmers and Merchants Bank in Cooperstown in Cooperstown, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 31, 1993

  • Farmers and Merchants Bank in Cooperstown in Cooperstown, North Dakota (ND)
  • Show street view No street view available for this location

Farmers and Merchants Bank in Cooperstown - Overview

  • General
  • FDIC Certificate #: 17330
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community First State Bank of Cooperstown (#15615)
    Federal Reserve ID: 786153
    Date Established: January 01, 1906
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 11342
    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: June 01, 1954
    Last Structure Change Effective Date: July 31, 1993
    Last Structure Change Process Date: August 05, 1993
    Last Data Update: August 05, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Cooperstown, ND 58425
    County: Griggs
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Forks
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
  • Financial Summary
  • Total assets: $25.2 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $11Total assets
  • $25,212Cash and due from depository institutions
  • $4,540Interest-bearing balances
  • $3,635Securities
  • $9,592Federal funds sold & reverse repurchase agreements
  • $4,250Net loans & leases
  • $6,401Loan loss allowance
  • $211Trading account assets
  • $0Bank premises and fixed assets
  • $36Other real estate owned
  • $0Goodwill and other intangibles
  • $393Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $25,212Total liabilities
  • $22,692Total deposits
  • $22,352Interest-bearing deposits
  • $19,917Deposits held in domestic offices
  • 22352.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $340Total equity capital
  • $340Total bank equity capital
  • $2,520Perpetual preferred stock
  • $0Common stock
  • $150Surplus
  • $650Undivided profits
  • Memoranda
  • $1,720Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4Income earned, not collected on loans
  • $209Earning assets
  • $23,878Long-term assets (5+ years)
  • $5,200Average Assets, year-to-date
  • $26,055Average Assets, quarterly
  • $24,968Volatile liabilities
  • $708Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,520Total risk weighted assets
  • $10,244Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,024Total interest expense
  • $967Net interest income
  • $1,057Provision for loan and lease losses
  • -$113Total noninterest income
  • $118Fiduciary activities
  • $0Service charges on deposit accounts
  • $85Trading account gains & fees
  • $0Additional noninterest income
  • $33Total noninterest expense
  • $603Salaries and employee benefits
  • $330Premises and equipment expense
  • $44Additional noninterest expense
  • $229Pre-tax net operating income
  • $685Securities gains (losses)
  • $68Applicable income taxes
  • $259Income before extraordinary items
  • $494Extraordinary gains - net
  • $0Net income attributable to bank
  • $494Net charge-offs
  • -$102Cash dividends
  • $370Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.28%Cost of funding earning assets
  • 3.96%Net interest margin
  • 4.33%Noninterest income to earning assets
  • 0.48%Noninterest expense to earning assets
  • 2.47%Net operating income to assets
  • 1.72%Return on assets (ROA)
  • 1.90%Pretax return on assets
  • 2.89%Return on equity (ROE)
  • 19.58%Retained earnings to average equity (YTD only)
  • 4.92%Net charge-offs to loans
  • -1.38%Credit loss provision to net charge-offs
  • 110.78%Efficiency ratio
  • 51,319Assets per employee
  • 2.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 74.90%Loss allowance to loans
  • 3.19%Loss allowance to noncurrent loans
  • 5275.00%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 28.64%Net loans and leases to core deposits
  • 29.57%Equity capital to assets
  • 10.00%Core capital (leverage) ratio
  • 10.08%Tier 1 risk-based capital ratio
  • 24.60%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $26,055Average earning assets
  • $2,522Average equity
  • $24,430Average loans

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