Farmers and Merchants Bank of Kendall in Kendall, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Farmers and Merchants Bank of Kendall in Kendall, Wisconsin (WI)
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Farmers and Merchants Bank of Kendall - Overview

  • General
  • FDIC Certificate #: 12355
    Status: Active
    Federal Reserve ID: 472643
    Date Established: September 11, 1913
    WWW: http://www.fmbkendall.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 7860
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 102 E S Railroad St, Kendall, WI 54638
    County: Monroe
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Madison
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $54.3 mil
    Equity capital: $6.8 mil
    Deposits held in domestic offices: $44.3 mil
    Return on assets (ROA): 2.83% ($1.5 mil)
    Quarterly return on assets: 2.27% ($1.2 mil)
    Return on Equity (ROE): 23.29% ($1.6 mil)
    Quarterly return on equity: 18.44% ($1.3 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 2.84% ($1,543.1 mil)
    Quarterly Pretax return on assets: 2.28% ($1,238.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)

  • Dollar figures in thousands
  • 11Total employees (full-time equivalent)
  • $54,336Total assets
  • $1,948Cash and due from depository institutions
  • $1,138Interest-bearing balances
  • $131Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $50,416Net loans & leases
  • $1,000Loan loss allowance
  • $0Trading account assets
  • $470Bank premises and fixed assets
  • $365Other real estate owned
  • $0Goodwill and other intangibles
  • $54,336Life insurance assets
  • $1,006All other assets
  • $47,534Total liabilities and capital
  • $44,273Total liabilities
  • $39,297Total deposits
  • $44,273Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $261Subordinated debt
  • $6,802All other liabilities
  • $6,802Total equity capital
  • $6,802Total bank equity capital
  • $0Perpetual preferred stock
  • $50Common stock
  • $1,950Surplus
  • $4,802Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,076Income earned, not collected on loans
  • $488Earning assets
  • $338Long-term assets (5+ years)
  • $51,685Average Assets, year-to-date
  • $4,769Average Assets, quarterly
  • $55,465Volatile liabilities
  • $55,188Insider loans
  • $46,183FHLB advances
  • $55,515Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,797Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,036Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,676Total interest income
  • $707Total interest expense
  • $2,969Net interest income
  • $467Provision for loan and lease losses
  • $493Total noninterest income
  • $0Fiduciary activities
  • $143Service charges on deposit accounts
  • $0Trading account gains & fees
  • $350Additional noninterest income
  • $1,421Total noninterest expense
  • $877Salaries and employee benefits
  • $129Premises and equipment expense
  • $415Additional noninterest expense
  • $1,574Pre-tax net operating income
  • $0Securities gains (losses)
  • $5Applicable income taxes
  • $1,569Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,569Net income attributable to bank
  • $0Net charge-offs
  • $1,569Cash dividends
  • $668Sale, conversion, retirement of capital stock, net
  • $1,252Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.97%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 5.63%Net interest margin
  • 0.94%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 2.83%Net operating income to assets
  • 2.83%Return on assets (ROA)
  • 2.84%Pretax return on assets
  • 23.29%Return on equity (ROE)
  • 4.71%Retained earnings to average equity (YTD only)
  • 1.26%Net charge-offs to loans
  • 69.91%Credit loss provision to net charge-offs
  • 3.06%Efficiency ratio
  • 41,046Assets per employee
  • 4.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 79.80%Loss allowance to loans
  • 1.94%Loss allowance to noncurrent loans
  • 32.51%Noncurrent assets plus other real estate owned to assets
  • 6.33%Noncurrent loans to loans
  • 5.98%Net loans and leases to deposits
  • 113.88%Net loans and leases to core deposits
  • 145.02%Equity capital to assets
  • 12.52%Core capital (leverage) ratio
  • 12.24%Tier 1 risk-based capital ratio
  • 14.72%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $55,465Average earning assets
  • $6,736Average equity
  • $52,706Average loans

List of branches

  • 2 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07860Farmers And Merchants Bank Of Kendal102 E S Railroad St, Kendall, WI 54638September 11, 1913Full Service Brick and Mortar
    1226871Hustler BranchMain Street - P.O. Box 36, Hustler, WI 54637Febuary 22, 1988Full Service Brick and Mortar

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