The Farmers & Merchants State Bank of Tolna in Tolna, North Dakota (ND)

Show street view No street view available for this location

The Farmers & Merchants State Bank of Tolna routing number info

Table of contents:
The Farmers & Merchants State Bank of Tolna
GeneralFDIC Certificate #: 8640
Status: Active
Federal Reserve ID: 954158
Bank Holding Company (Regulatory Top Holder): Tolna Bancorp, Inc. (RSSDID: 1135039, Location: Tolna, ND)
Date Established: August 01, 1917
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 5511
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: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: June 03, 2010
Last Data Update: June 03, 2010
Data Source Date: April 05, 2012
LocationAddress: 101 N. Main Street, Tolna, ND 58380
County: Nelson
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Grand Forks
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of ChangesChange in Location
Merge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $54.7 mil
Equity capital: $6.0 mil
Deposits held in domestic offices: $48.5 mil
Return on assets (ROA): 0.72% ($0.4 mil)
Quarterly return on assets: 0.49% ($0.3 mil)
Return on Equity (ROE): 6.45% ($0.4 mil)
Quarterly return on equity: 4.35% ($0.3 mil)
Net income: $0.4 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.76% ($415.8 mil)
Quarterly Pretax return on assets: 0.49% ($268.1 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)
Total employees (full-time equivalent)14
Total assets$54,710
Cash and due from depository institutions$8,770
Interest-bearing balances$0
Federal funds sold & reverse repurchase agreements$1,700
Net loans & leases$31,118
Loan loss allowance $222
Trading account assets$0
Bank premises and fixed assets$256
Other real estate owned$35
Goodwill and other intangibles$0
All other assets$681
Life insurance assets$54,710
Total liabilities and capital$48,686
Total liabilities$48,466
Total deposits$39,579
Interest-bearing deposits$48,466
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $220
All other liabilities $6,024
Total equity capital$6,024
Total bank equity capital$6,024
Perpetual preferred stock$0
Common stock$150
Undivided profits $4,474
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $322
Earning assets $0
Long-term assets (5+ years) $576
Average Assets, year-to-date $44,968
Average Assets, quarterly $12,872
Volatile liabilities $53,818
Insider loans $54,119
FHLB advances $35,374
Loans and leases held for sale $54,513
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,541
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,214
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,265
Total interest expense $487
Net interest income $1,778
Provision for loan and lease losses $0
Total noninterest income $152
Fiduciary activities $0
Service charges on deposit accounts $101
Trading account gains & fees $0
Additional noninterest income $51
Total noninterest expense $1,477
Salaries and employee benefits $963
Premises and equipment expense $121
Additional noninterest expense $393
Pre-tax net operating income $453
Securities gains (losses) -$42
Applicable income taxes $23
Income before extraordinary items $388
Extraordinary gains - net $0
Net income attributable to bank $388
Net charge-offs $0
Cash dividends $388
Sale, conversion, retirement of capital stock, net $34
Net operating income $200
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.89%
Cost of funding earning assets 1.05%
Net interest margin 3.84%
Noninterest income to earning assets 0.33%
Noninterest expense to earning assets 3.19%
Net operating income to assets 0.79%
Return on assets (ROA) 0.72%
Pretax return on assets 0.76%
Return on equity (ROE) 6.45%
Retained earnings to average equity (YTD only) 3.13%
Net charge-offs to loans 0.11%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio13.32%
Assets per employee$76,528
Cash dividends to net income (YTD only)3.91%
Condition Ratios (%)
Loss allowance to loans 51.55%
Loss allowance to noncurrent loans 0.71%
Noncurrent assets plus other real estate owned to assets 68.94%
Noncurrent loans to loans 0.65%
Net loans and leases to deposits1.03%
Net loans and leases to core deposits 64.21%
Equity capital to assets 66.34%
Core capital (leverage) ratio 11.01%
Tier 1 risk-based capital ratio 10.16%
Total risk-based capital ratio 15.66%
Average assets$16
Average earning assets$53,818
Average equity $6,012
Average loans $46,355
Back to page top, Back to table top

2 North Dakota Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05511The Farmers & Merchants State Bank O101 N. Main Street, Tolna, ND 58380August 01, 1917Full Service Brick and Mortar
2362600Binford Branch307 Whinery Street, Binford, ND 58416December 03, 2001Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Farmers & Merchants State Bank of Tolna.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.