The Farmers & Merchants State Bank in Archbold, Ohio (OH), IN
Overview, Financial Summary, Detailed Financial Reports, Branches


The Farmers & Merchants State Bank - Overview

  • General
  • FDIC Certificate #: 5969
    Status: Active
    Federal Reserve ID: 214414
    Bank Holding Company (Regulatory Top Holder): Farmers & Merchants Bancorp, Inc. (RSSDID: 1134630, Location: Archbold, OH)
    Date Established: April 01, 1897
    WWW: http://www.fm-bank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 20 (Domestic: 20, Interstate: Yes)
    OTS Docket #: 9553
    FDIC's unique #: 4050
    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: July 09, 2010
    Last Structure Change Process Date: July 16, 2010
    Last Data Update: July 16, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 307-11 Defiance Street, Archbold, OH 43502
    County: Fulton
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Toledo, OH (#8400)
    Combined Statistical Area (CSA): Toledo-Fremont, OH (#534)
    Core Based Statistical Area (CBSA): Toledo, OH (#45780)
    CBSA Metro Statistical Area: Toledo, OH (#45780)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $923.0 mil
    Equity capital: $89.2 mil
    Deposits held in domestic offices: $740.4 mil
    Return on assets (ROA): 0.92% ($8.5 mil)
    Quarterly return on assets: 1.24% ($11.4 mil)
    Return on Equity (ROE): 9.97% ($8.9 mil)
    Quarterly return on equity: 12.79% ($11.4 mil)
    Net income: $8.4 mil
    Quarterly Net income: $2.8 mil
    Pretax return on assets: 1.23% ($11,352.6 mil)
    Quarterly Pretax return on assets: 1.71% ($15,782.9 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
  • 261Total employees (full-time equivalent)
  • $922,979Total assets
  • $31,609Cash and due from depository institutions
  • $14,046Interest-bearing balances
  • $327,519Securities
  • $11,534Federal funds sold & reverse repurchase agreements
  • $501,124Net loans & leases
  • $5,091Loan loss allowance
  • $0Trading account assets
  • $16,984Bank premises and fixed assets
  • $3,572Other real estate owned
  • $7,471Goodwill and other intangibles
  • $922,979Life insurance assets
  • $23,166All other assets
  • $833,801Total liabilities and capital
  • $740,366Total liabilities
  • $654,815Total deposits
  • $740,366Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 52440.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,662Trading liabilities
  • $15,000Other borrowed funds
  • $9,333Subordinated debt
  • $89,178All other liabilities
  • $89,178Total equity capital
  • $89,178Total bank equity capital
  • $0Perpetual preferred stock
  • $1,300Common stock
  • $4,700Surplus
  • $83,178Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $988Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,131Income earned, not collected on loans
  • $0Earning assets
  • $3,218Long-term assets (5+ years)
  • $854,223Average Assets, year-to-date
  • $245,187Average Assets, quarterly
  • $912,770Volatile liabilities
  • $915,343Insider loans
  • $595,699FHLB advances
  • $912,719Loans and leases held for sale
  • $12,429Unused loan commitments
  • $6,165Tier 1 (core) risk-based capital
  • $77,397Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,264Total unused commitments
  • $160,750Restructured Loans and leases
  • $11,939Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $36,658Total interest income
  • $8,867Total interest expense
  • $27,791Net interest income
  • $1,715Provision for loan and lease losses
  • $6,337Total noninterest income
  • $0Fiduciary activities
  • $3,385Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,952Additional noninterest income
  • $21,724Total noninterest expense
  • $11,838Salaries and employee benefits
  • $2,880Premises and equipment expense
  • $7,006Additional noninterest expense
  • $10,689Pre-tax net operating income
  • $504Securities gains (losses)
  • $2,821Applicable income taxes
  • $8,372Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,372Net income attributable to bank
  • $0Net charge-offs
  • $8,372Cash dividends
  • $2,330Sale, conversion, retirement of capital stock, net
  • $4,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.34%Yield on earning assets
  • 1.05%Cost of funding earning assets
  • 3.29%Net interest margin
  • 0.75%Noninterest income to earning assets
  • 2.57%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 9.97%Return on equity (ROE)
  • 5.20%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 73.61%Credit loss provision to net charge-offs
  • 5.32%Efficiency ratio
  • 62,740Assets per employee
  • 3.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.78%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 238.90%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 67.69%Net loans and leases to core deposits
  • 74.78%Equity capital to assets
  • 9.66%Core capital (leverage) ratio
  • 8.48%Tier 1 risk-based capital ratio
  • 12.99%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $912,770Average earning assets
  • $84,009Average equity
  • $845,078Average loans

List of branches

  • 4 Indiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    159131Butler Branch200 South Broadway, Butler, IN 46721July 18, 1934Full Service Brick and Mortar
    16231798St. Joe BranchWidney And Washington Streets, St. Joe, IN 46785June 23, 1975Full Service Brick and Mortar
    17231799Auburn Branch403 Erie Pass, Auburn, IN 46706August 20, 1996Full Service Brick and Mortar
    19480078Angola Branch2310 North Wayne Street, Angola, IN 46703August 07, 2008Full Service Brick and Mortar
  • 16 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04050The Farmers & Merchants State Bank307-11 Defiance Street, Archbold, OH 43502April 01, 1897Full Service Brick and Mortar
    1208564Wauseon Branch1130 North Shoop Avenue, Wauseon, OH 43567November 16, 1973Full Service Brick and Mortar
    2208565Wauseon Downtown Branch119 North Fulton Street, Wauseon, OH 43567August 18, 1978Full Service Brick and Mortar
    3208566Woodland Branch1313 S Defiance Street, Archbold, OH 43502April 15, 1980Full Service Brick and Mortar
    4208567Stryker Branch300 South Defiance Street, Stryker, OH 43557March 20, 1981Full Service Brick and Mortar
    5208568West Unity Branch200 West Jackson Street, West Unity, OH 43570October 13, 1981Full Service Brick and Mortar
    6208569Delta Branch101 Main Street, Delta, OH 43515June 28, 1985Full Service Brick and Mortar
    7208570Bryan Branch929 East High Street, Bryan, OH 43506December 30, 1985Full Service Brick and Mortar
    8208571South Main Branch1000 South Main Street, Bryan, OH 43506June 01, 1992Full Service Brick and Mortar
    10208573Napoleon Branch2255 North Scott Street, Napoleon, OH 43545Febuary 10, 1995Full Service Brick and Mortar
    11208574Eastside Branch1150 E Main St, Montpelier, OH 43543June 22, 1998Full Service Brick and Mortar
    12358409Swanton Branch7 Turtle Creek Circle, Swanton, OH 43558November 01, 1999Full Service Brick and Mortar
    13360938Defiance Branch1175 Hotel Drive, Defiance, OH 43512July 30, 2001Full Service Brick and Mortar
    14418878Operations Center Branch620 S Clydes Way, Archbold, OH 43502March 03, 2003Full Service Brick and Mortar
    18470131Perrysburg Branch7001 Lighthouse Way, Perrysburg, OH 43551November 21, 2007Full Service Brick and Mortar
    20469973Hicksville Branch100 North Main Street, Hicksville, OH 43526January 15, 1960Full Service Brick and Mortar

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