Farmers and Merchants Trust Company of Chambersburg in Chambersburg, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Farmers and Merchants Trust Company of Chambersburg in Chambersburg, Pennsylvania (PA)
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Farmers and Merchants Trust Company of Chambersburg - Overview

  • General
  • FDIC Certificate #: 8405
    Status: Active
    Federal Reserve ID: 289515
    Bank Holding Company (Regulatory Top Holder): Franklin Financial Services Corporation (RSSDID: 1118238, Location: Chambersburg, PA)
    Date Established: January 10, 1906
    WWW: http://www.fmtrustonline.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 28 (Domestic: 28, Interstate: No)
    OTS Docket #: 9850
    FDIC's unique #: 5354
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 29, 2008
    Last Structure Change Process Date: January 14, 2009
    Last Data Update: January 14, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 20 South Main Street, Chambersburg, PA 17201
    County: Franklin
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Harrisburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Core Based Statistical Area (CBSA): Chambersburg, PA (#16540)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $986.3 mil
    Equity capital: $82.8 mil
    Deposits held in domestic offices: $789.0 mil
    Return on assets (ROA): 0.72% ($7.1 mil)
    Quarterly return on assets: 0.82% ($8.1 mil)
    Return on Equity (ROE): 8.72% ($7.2 mil)
    Quarterly return on equity: 9.90% ($8.2 mil)
    Net income: $7.0 mil
    Quarterly Net income: $2.0 mil
    Pretax return on assets: 0.78% ($7,693.3 mil)
    Quarterly Pretax return on assets: 1.05% ($10,356.4 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
  • 274Total employees (full-time equivalent)
  • $986,320Total assets
  • $34,144Cash and due from depository institutions
  • $18,999Interest-bearing balances
  • $124,682Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $756,687Net loans & leases
  • $9,723Loan loss allowance
  • $0Trading account assets
  • $14,648Bank premises and fixed assets
  • $3,224Other real estate owned
  • $10,943Goodwill and other intangibles
  • $986,320Life insurance assets
  • $41,992All other assets
  • $903,508Total liabilities and capital
  • $788,956Total liabilities
  • $683,741Total deposits
  • $788,956Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 53103.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $48,336Trading liabilities
  • $0Other borrowed funds
  • $13,113Subordinated debt
  • $82,812All other liabilities
  • $82,812Total equity capital
  • $82,812Total bank equity capital
  • $0Perpetual preferred stock
  • $1,376Common stock
  • $25,059Surplus
  • $56,377Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22,528Income earned, not collected on loans
  • $0Earning assets
  • $3,379Long-term assets (5+ years)
  • $900,368Average Assets, year-to-date
  • $305,043Average Assets, quarterly
  • $980,897Volatile liabilities
  • $990,562Insider loans
  • $756,619FHLB advances
  • $983,895Loans and leases held for sale
  • $20,273Unused loan commitments
  • $15,090Tier 1 (core) risk-based capital
  • $77,656Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,183Total unused commitments
  • $221,559Restructured Loans and leases
  • $10,415Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $43,833Total interest income
  • $9,155Total interest expense
  • $34,678Net interest income
  • $7,524Provision for loan and lease losses
  • $8,990Total noninterest income
  • $3,455Fiduciary activities
  • $1,615Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,920Additional noninterest income
  • $28,409Total noninterest expense
  • $15,353Salaries and employee benefits
  • $3,008Premises and equipment expense
  • $10,048Additional noninterest expense
  • $7,735Pre-tax net operating income
  • -$42Securities gains (losses)
  • $646Applicable income taxes
  • $7,047Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,047Net income attributable to bank
  • $0Net charge-offs
  • $7,047Cash dividends
  • $6,602Sale, conversion, retirement of capital stock, net
  • $3,231Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.90%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 3.88%Net interest margin
  • 1.00%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 0.78%Pretax return on assets
  • 8.72%Return on equity (ROE)
  • 4.72%Retained earnings to average equity (YTD only)
  • 0.86%Net charge-offs to loans
  • 113.97%Credit loss provision to net charge-offs
  • 2.31%Efficiency ratio
  • 64,035Assets per employee
  • 3.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.85%Loss allowance to loans
  • 1.27%Loss allowance to noncurrent loans
  • 43.16%Noncurrent assets plus other real estate owned to assets
  • 2.61%Noncurrent loans to loans
  • 2.94%Net loans and leases to deposits
  • 95.91%Net loans and leases to core deposits
  • 105.57%Equity capital to assets
  • 8.40%Core capital (leverage) ratio
  • 7.89%Tier 1 risk-based capital ratio
  • 10.26%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $980,897Average earning assets
  • $80,831Average equity
  • $894,822Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $472,433Managed Assets
  • 1Number of Accounts
  • $407,781Personal trust and agency accounts
  • $220,962Employee benefit-defined contribution accounts
  • $20,338Employee benefit-defined benefit accounts
  • $13,736Other retirement accounts
  • $61,605Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $91,140Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1669Number of Accounts
  • $0Personal trust and agency accounts
  • $61,605Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $64,652Other retirement accounts
  • $16,454Corporate trust and agency accounts
  • $37,193Other fiduciary accounts
  • $10,795Fiduciary accounts held in foreign offices

List of branches

  • 28 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05354Farmers And Merchants Trust Company20 South Main Street, Chambersburg, PA 17201January 10, 1906Full Service Brick and Mortar
    1218382Drive-In Branch150 Lincoln Way, Chambersburg, PA 17201May 14, 1955Limited Service Facility
    2218383Guilford Township Branch1712 Lincoln Way East, Chambersburg, PA 17201November 06, 1964Full Service Brick and Mortar
    3218384Marion BranchColorado Street, Marion, PA 17235Febuary 24, 1959Full Service Brick and Mortar
    4218385West Side Branch1100 Lincoln Way West, Hamilton Township, PA 17201June 25, 1968Full Service Brick and Mortar
    5218386Coldbrook Plaza Branch841 Wayne Avenue, Chambersburg, PA 17201Febuary 05, 1973Full Service Brick and Mortar
    6218387Presidential Heights Branch2405 Philadelphia Avenue Extended, Chambersburg, PA 17201May 20, 1974Full Service Brick and Mortar
    744324Waynesboro Branch200 East Main Street, Waynesboro, PA 17268January 01, 1910Full Service Brick and Mortar
    86334Park Street Branch2 Park Street, Mont Alto, PA 17237January 01, 1916Full Service Brick and Mortar
    9221535South Mountain BranchSouth Mountain Restoration Center, South Mountain, PA 17261November 23, 1976Limited Service Facility
    10218388Menno Haven Penn Hall Branch1625 Philadelphia Avenue, Chambersburg, PA 17201June 24, 1996Full Service Brick and Mortar
    11218389Boiling Springs Branch3 East First Street, Boiling Springs, PA 17007September 23, 1996Full Service Brick and Mortar
    12218390Newville Branch9 West Big Spring Avenue, Newville, PA 17241October 28, 1996Full Service Brick and Mortar
    13218391Shippensburg Branch13 Shippensburg Shopping Center, Shippensburg, PA 17257October 28, 1996Full Service Brick and Mortar
    143596341901 Ritner Highway Branch1901 Ritner Highway, Carlisle, PA 17013November 06, 2000Full Service Brick and Mortar
    15418540Menno-Haven Retirement Community Bra2075 Scotland Avenue, Chambersburg, PA 17201Febuary 05, 2003Full Service Brick and Mortar
    1642314614-20 North Hanover Street Branch14-20 North Hanover Street, Carlisle, PA 17013July 17, 2003Full Service Brick and Mortar
    17427725East High Street Carlisle Branch800 East High Street, Carlisle, PA 17013March 15, 2004Full Service Brick and Mortar
    184931The Fulton County Natl Bk And Tr Co100 Lincoln Way East, Mcconnellsburg, PA 17233Febuary 24, 1887Full Service Brick and Mortar
    19216096Penn's Village BranchPenn's Village Shopping Center, Mc Connellsburg, PA 17233May 11, 1981Full Service Brick and Mortar
    20216097Warfordsburg Branch560 Great Cove Road, Warfordsburg, PA 17267April 04, 1983Full Service Brick and Mortar
    21216098Hustontown Branch7781 Waterfall Road, Hustontown, PA 17229April 04, 1983Full Service Brick and Mortar
    22216099St. Thomas Branch6962 Lincoln Way West, St. Thomas, PA 17252November 15, 1999Full Service Brick and Mortar
    23357194Orbisonia Branch18810 Sandy Ridge Station, Orbisonia, PA 17243July 15, 1999Full Service Brick and Mortar
    24455804Greencastle Branch518 N. Antrim Way, Greencastle, PA 17225September 25, 2006Full Service Brick and Mortar
    25463997Carlisle Crossings BranchCarlisle Crossing Branch, Carlisle, PA 17013April 02, 2007Full Service Brick and Mortar
    26480343Norland Avenue Branch870 Norland Avenue, Chambersburg, PA 17201August 14, 2008Full Service Brick and Mortar
    2774366Community Trust Company Branch3907 Market Street, Camp Hill, PA 17011October 05, 1998Full Service Brick and Mortar

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