Farmers and Merchants Bank of Carlinville in Carlinville, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 18, 1998

Farmers and Merchants Bank of Carlinville in Carlinville, Illinois (IL)
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Farmers and Merchants Bank of Carlinville - Overview

General
FDIC Certificate #: 13760
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Mercantile Bank of Illinois (#10025)
Federal Reserve ID: 815044
Date Established: Febuary 15, 1904
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 8605
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: January 25, 1934
Last Structure Change Effective Date: September 18, 1998
Last Structure Change Process Date: October 06, 1998
Last Data Update: October 06, 1998
Data Source Date: April 05, 2012
Location
Address: 240 East Main Street, Carlinville, IL 62626
County: Macoupin
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Kansas City
FDIC Field Office: Springfield Il
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
Financial Summary
Total assets: $76.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
18Total employees (full-time equivalent)
$72,635Total assets
$1,665Cash and due from depository institutions
$0Interest-bearing balances
$23,185Securities
$565Federal funds sold & reverse repurchase agreements
$45,365Net loans & leases
$702Loan loss allowance
$0Trading account assets
$296Bank premises and fixed assets
$175Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,384All other assets
$72,635Total liabilities and capital
$66,420Total liabilities
$61,067Total deposits
$54,082Interest-bearing deposits
$61,067Deposits held in domestic offices
0.00%% insured (estimated)
$4,793Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$560All other liabilities
$6,215Total equity capital
$6,215Total bank equity capital
$6,215Perpetual preferred stock
$0Common stock
$565Surplus
$2,435Undivided profits
Memoranda
$3,215Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$10Earning assets
$0Long-term assets (5+ years)
$677Average Assets, year-to-date
$69,115Average Assets, quarterly
$1,362Volatile liabilities
$70,440Insider loans
$73,736FHLB advances
$13,294Loans and leases held for sale
$21Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,979Total unused commitments
$0Restructured Loans and leases
$43,013Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$5,306Total interest income
$2,580Total interest expense
$2,726Net interest income
$24Provision for loan and lease losses
$290Total noninterest income
$0Fiduciary activities
$142Service charges on deposit accounts
$0Trading account gains & fees
$148Additional noninterest income
$1,243Total noninterest expense
$614Salaries and employee benefits
$104Premises and equipment expense
$525Additional noninterest expense
$1,749Pre-tax net operating income
$0Securities gains (losses)
$599Applicable income taxes
$1,150Income before extraordinary items
$0Extraordinary gains - net
$1,150Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$1Sale, conversion, retirement of capital stock, net
$950Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.02%Yield on earning assets
3.90%Cost of funding earning assets
4.12%Net interest margin
0.44%Noninterest income to earning assets
1.88%Noninterest expense to earning assets
1.63%Net operating income to assets
1.63%Return on assets (ROA)
2.48%Pretax return on assets
19.36%Return on equity (ROE)
3.37%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-2400.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
41,214Assets per employee
4.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
82.61%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
7020.00%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.02%Net loans and leases to deposits
74.29%Net loans and leases to core deposits
86.30%Equity capital to assets
8.56%Core capital (leverage) ratio
8.28%Tier 1 risk-based capital ratio
14.25%Total risk-based capital ratio
Memoranda
$16Average assets
$70,440Average earning assets
$5,939Average equity
$66,162Average loans

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