Farmers and Merchants Bank of Mound City, Kansas - Overview
General
FDIC Certificate #: 14024 Status: Active Federal Reserve ID: 274052 Bank Holding Company (Regulatory Top Holder): Cunningham Agency, Inc. (RSSDID: 1051410, Location: Mound City, KS) Date Established: November 14, 1893 WWW:http://www.fmbankmc.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 8765 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: March 09, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: June 16, 2010 Last Data Update: June 16, 2010 Data Source Date: April 05, 2012
Location
Address: 103 S. 5th St., Mound City, KS 66056 County: Linn Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Kansas City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312) Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140) CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
History of Changes
Merge BIF and SAIF Funds into DIF
Corrections
Change in Location
Financial Summary
Total assets: $35.7 mil Equity capital: $2.9 mil Deposits held in domestic offices: $31.5 mil Return on assets (ROA): 1.42% ($0.5 mil) Quarterly return on assets: 1.36% ($0.5 mil) Return on Equity (ROE): 19.01% ($0.6 mil) Quarterly return on equity: 17.32% ($0.5 mil) Net income: $0.5 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.43% ($510.9 mil) Quarterly Pretax return on assets: 1.36% ($485.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$35,724Total assets
$990Cash and due from depository institutions
$138Interest-bearing balances
$10,817Securities
$4Federal funds sold & reverse repurchase agreements
$22,489Net loans & leases
$230Loan loss allowance
$0Trading account assets
$695Bank premises and fixed assets
$72Other real estate owned
$0Goodwill and other intangibles
$35,724Life insurance assets
$657All other assets
$32,874Total liabilities and capital
$31,516Total liabilities
$25,991Total deposits
$31,516Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,285Trading liabilities
$0Other borrowed funds
$73Subordinated debt
$2,850All other liabilities
$2,850Total equity capital
$2,850Total bank equity capital
$0Perpetual preferred stock
$225Common stock
$475Surplus
$2,150Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$242Income earned, not collected on loans
$0Earning assets
$266Long-term assets (5+ years)
$33,448Average Assets, year-to-date
$17,855Average Assets, quarterly
$36,818Volatile liabilities
$35,838Insider loans
$21,402FHLB advances
$35,997Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,547Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,553Restructured Loans and leases
$127Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,847Total interest income
$542Total interest expense
$1,305Net interest income
$32Provision for loan and lease losses
$207Total noninterest income
$0Fiduciary activities
$174Service charges on deposit accounts
$0Trading account gains & fees
$33Additional noninterest income
$1,060Total noninterest expense
$548Salaries and employee benefits
$131Premises and equipment expense
$381Additional noninterest expense
$420Pre-tax net operating income
$106Securities gains (losses)
$5Applicable income taxes
$521Income before extraordinary items
$0Extraordinary gains - net
$521Net income attributable to bank
$0Net charge-offs
$521Cash dividends
$33Sale, conversion, retirement of capital stock, net
$463Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.32%Yield on earning assets
1.56%Cost of funding earning assets
3.76%Net interest margin
0.60%Noninterest income to earning assets
3.06%Noninterest expense to earning assets
1.13%Net operating income to assets
1.42%Return on assets (ROA)
1.43%Pretax return on assets
19.01%Return on equity (ROE)
2.12%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
96.97%Credit loss provision to net charge-offs
13.70%Efficiency ratio
70,106Assets per employee
5.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
88.87%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
95.04%Noncurrent assets plus other real estate owned to assets
0.88%Noncurrent loans to loans
1.07%Net loans and leases to deposits
71.36%Net loans and leases to core deposits
73.70%Equity capital to assets
7.98%Core capital (leverage) ratio
7.08%Tier 1 risk-based capital ratio
11.90%Total risk-based capital ratio
Memoranda
$13Average assets
$36,818Average earning assets
$2,740Average equity
$34,687Average loans
List of branches
1 Kansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8765
Farmers And Merchants Bank Of Mound City, Kansas
103 S. 5th St., Mound City, KS 66056
November 14, 1893
Full Service Brick and Mortar
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