Merchants & Farmers Bank & Trust Company in Leesville, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Merchants & Farmers Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 9319
    Status: Active
    Federal Reserve ID: 136338
    Bank Holding Company (Regulatory Top Holder): Merchants & Farmers Bancshares, Inc. (RSSDID: 1084203, Location: Leesville, LA)
    Date Established: January 01, 1928
    WWW: http://www.merchantsandfarmers.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 5973
    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: September 24, 2010
    Last Structure Change Process Date: October 05, 2010
    Last Data Update: October 05, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 South Fifth Street, Leesville, LA 71446
    County: Vernon
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Fort Polk South-DeRidder, LA (#256)
    Core Based Statistical Area (CBSA): Fort Polk South, LA (#22860)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Trust Powers
  • Financial Summary
  • Total assets: $276.5 mil
    Equity capital: $38.0 mil
    Deposits held in domestic offices: $220.3 mil
    Return on assets (ROA): 0.83% ($2.3 mil)
    Quarterly return on assets: 0.84% ($2.3 mil)
    Return on Equity (ROE): 6.18% ($2.3 mil)
    Quarterly return on equity: 6.00% ($2.3 mil)
    Net income: $2.2 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.02% ($2,820.1 mil)
    Quarterly Pretax return on assets: 1.04% ($2,875.4 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
  • 78Total employees (full-time equivalent)
  • $276,476Total assets
  • $8,060Cash and due from depository institutions
  • $3,028Interest-bearing balances
  • $124,504Securities
  • $7,800Federal funds sold & reverse repurchase agreements
  • $124,505Net loans & leases
  • $1,075Loan loss allowance
  • $0Trading account assets
  • $7,059Bank premises and fixed assets
  • $571Other real estate owned
  • $0Goodwill and other intangibles
  • $276,476Life insurance assets
  • $3,977All other assets
  • $238,506Total liabilities and capital
  • $220,303Total liabilities
  • $163,618Total deposits
  • $220,303Interest-bearing deposits
  • $66Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,000Trading liabilities
  • $0Other borrowed funds
  • $3,203Subordinated debt
  • $37,970All other liabilities
  • $37,970Total equity capital
  • $37,970Total bank equity capital
  • $0Perpetual preferred stock
  • $600Common stock
  • $12,400Surplus
  • $24,970Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $709Income earned, not collected on loans
  • $0Earning assets
  • $1,283Long-term assets (5+ years)
  • $259,837Average Assets, year-to-date
  • $129,403Average Assets, quarterly
  • $265,146Volatile liabilities
  • $269,772Insider loans
  • $144,781FHLB advances
  • $267,591Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $37,036Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,999Restructured Loans and leases
  • $3,586Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,893Total interest income
  • $1,596Total interest expense
  • $9,297Net interest income
  • $249Provision for loan and lease losses
  • $2,078Total noninterest income
  • $0Fiduciary activities
  • $1,381Service charges on deposit accounts
  • $0Trading account gains & fees
  • $697Additional noninterest income
  • $8,607Total noninterest expense
  • $4,661Salaries and employee benefits
  • $1,378Premises and equipment expense
  • $2,568Additional noninterest expense
  • $2,519Pre-tax net operating income
  • $186Securities gains (losses)
  • $500Applicable income taxes
  • $2,205Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,205Net income attributable to bank
  • $0Net charge-offs
  • $2,205Cash dividends
  • $124Sale, conversion, retirement of capital stock, net
  • $654Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.39%Yield on earning assets
  • 0.64%Cost of funding earning assets
  • 3.75%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 3.47%Noninterest expense to earning assets
  • 0.77%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 6.18%Return on equity (ROE)
  • 4.35%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 200.81%Credit loss provision to net charge-offs
  • 22.32%Efficiency ratio
  • 75,666Assets per employee
  • 3.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 29.66%Loss allowance to loans
  • 0.86%Loss allowance to noncurrent loans
  • 151.62%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.56%Net loans and leases to deposits
  • 56.52%Net loans and leases to core deposits
  • 65.68%Equity capital to assets
  • 13.73%Core capital (leverage) ratio
  • 13.84%Tier 1 risk-based capital ratio
  • 25.58%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $265,146Average earning assets
  • $35,659Average equity
  • $247,862Average loans

Total Fiduciary and Related Assets (December 31, 2009)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $989Managed Assets
  • 1Number of Accounts
  • $989Personal trust and agency accounts
  • $989Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05973Merchants & Farmers Bank & Trust Com501 South Fifth Street, Leesville, LA 71446January 01, 1928Full Service Brick and Mortar
    2219896North City Branch1000 North Fifth Street, Leesville, LA 71446October 25, 1976Full Service Brick and Mortar
    3219897Fort Polk Branch1425 Entrance Road, Leesville, LA 71446March 19, 1979Full Service Brick and Mortar
    4219898Rosepine Branch18625 Johnny B Hall Memorial Highway, Rosepine, LA 70659May 26, 1992Full Service Brick and Mortar
    5219899Lee Hills Branch1340 Boone Street, Leesville, LA 71446August 03, 1992Full Service Brick and Mortar
    8219902Anacoco Branch4743 Main Street, Anacoco, LA 71403July 13, 1999Full Service Brick and Mortar
    10482164Lake Charles Branch4091 Nelson Road, Lake Charles, LA 70605October 06, 2008Full Service Brick and Mortar

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