FDIC Certificate #: 14224 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Farmers & Merchants Bank (#16216) Federal Reserve ID: 911740 Date Established: April 09, 1934 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 8881 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: April 10, 1934 Last Structure Change Effective Date: June 18, 2009 Last Structure Change Process Date: June 18, 2009 Last Data Update: June 18, 2009 Data Source Date: April 05, 2012
Location
Address: 33 West Main Street, Marianna, AR 72360 County: Lee Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Memphis Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western
Financial Summary
Total assets: $56.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
24Total employees (full-time equivalent)
$57,357Total assets
$18,226Cash and due from depository institutions
$13,134Interest-bearing balances
$21,384Securities
$3,650Federal funds sold & reverse repurchase agreements
$13,069Net loans & leases
$95Loan loss allowance
$0Trading account assets
$483Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$545All other assets
$57,357Total liabilities and capital
$49,884Total liabilities
$49,543Total deposits
$33,654Interest-bearing deposits
$49,543Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$341All other liabilities
$7,473Total equity capital
$7,473Total bank equity capital
$7,473Perpetual preferred stock
$0Common stock
$525Surplus
$500Undivided profits
Memoranda
$6,448Noncurrent loans and leases
$2,588Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$44Earning assets
$0Long-term assets (5+ years)
$326Average Assets, year-to-date
$51,237Average Assets, quarterly
$7,215Volatile liabilities
$54,923Insider loans
$54,577FHLB advances
$5,141Loans and leases held for sale
$1,825Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,588Total unused commitments
$0Restructured Loans and leases
$95Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$2,605Total interest income
$568Total interest expense
$2,037Net interest income
-$301Provision for loan and lease losses
$277Total noninterest income
$0Fiduciary activities
$228Service charges on deposit accounts
$0Trading account gains & fees
$49Additional noninterest income
$1,904Total noninterest expense
$1,198Salaries and employee benefits
$320Premises and equipment expense
$386Additional noninterest expense
$711Pre-tax net operating income
$0Securities gains (losses)
$100Applicable income taxes
$611Income before extraordinary items
$0Extraordinary gains - net
$611Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$301Sale, conversion, retirement of capital stock, net
$105Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.13%Yield on earning assets
1.12%Cost of funding earning assets
4.01%Net interest margin
0.54%Noninterest income to earning assets
3.75%Noninterest expense to earning assets
1.11%Net operating income to assets
1.11%Return on assets (ROA)
1.29%Pretax return on assets
8.39%Return on equity (ROE)
6.94%Retained earnings to average equity (YTD only)
-1.93%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
82,282Assets per employee
2.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.18%Loss allowance to loans
0.72%Loss allowance to noncurrent loans
215.91%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.33%Net loans and leases to deposits
26.38%Net loans and leases to core deposits
29.43%Equity capital to assets
13.03%Core capital (leverage) ratio
13.14%Tier 1 risk-based capital ratio
34.13%Total risk-based capital ratio
Memoranda
$35Average assets
$54,923Average earning assets
$7,286Average equity
$50,826Average loans
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