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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Farmers and Merchants Bank in Cooperstown.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents