The Farmers and Merchants National Bank of Fairview in Fairview, Oklahoma (OK)



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The Farmers and Merchants National Bank of Fairview routing number info

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The Farmers and Merchants National Bank of Fairview
GeneralFDIC Certificate #: 4097
Status: Active
Federal Reserve ID: 73152
Bank Holding Company (Regulatory Top Holder): Fairview Bancshares, Inc. (RSSDID: 1065211, Location: Fairview, OK)
Date Established: January 01, 1907
WWW: http://www.fairviewbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 12114
FDIC's unique #: 2669
Numeric code: 3
Regulator: OCC
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: No
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: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 312 North Main, Fairview, OK 73737
County: Major
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Oklahoma City
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $92.2 mil
Equity capital: $11.2 mil
Deposits held in domestic offices: $78.4 mil
Return on assets (ROA): 2.63% ($2.4 mil)
Quarterly return on assets: 2.25% ($2.1 mil)
Return on Equity (ROE): 20.98% ($2.3 mil)
Quarterly return on equity: 17.37% ($1.9 mil)
Net income: $2.2 mil
Quarterly Net income: $0.5 mil
Pretax return on assets: 2.63% ($2,425.8 mil)
Quarterly Pretax return on assets: 2.25% ($2,075.3 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)19
Total assets$92,237
Cash and due from depository institutions$3,917
Interest-bearing balances$498
Securities$45,798
Federal funds sold & reverse repurchase agreements$4,904
Net loans & leases$33,426
Loan loss allowance $896
Trading account assets$0
Bank premises and fixed assets$676
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$3,516
Life insurance assets$92,237
Total liabilities and capital$81,086
Total liabilities$78,367
Total deposits$59,918
Interest-bearing deposits$78,367
Deposits held in domestic offices$84
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,000
Other borrowed funds $0
Subordinated debt $719
All other liabilities $11,151
Total equity capital$11,151
Total bank equity capital$11,151
Perpetual preferred stock$0
Common stock$120
Surplus$894
Undivided profits $10,137
Memoranda
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 $0
Earning assets $0
Long-term assets (5+ years) $763
Average Assets, year-to-date $84,626
Average Assets, quarterly $30,905
Volatile liabilities $85,291
Insider loans $89,644
FHLB advances $47,248
Loans and leases held for sale $89,250
Unused loan commitments $2,241
Tier 1 (core) risk-based capital $1,674
Tier 2 risk-based capital $9,496
Total risk weighted assets $0
Total unused commitments $567
Restructured Loans and leases $3,083
Derivatives$747
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $4,175
Total interest expense $512
Net interest income $3,663
Provision for loan and lease losses $20
Total noninterest income $689
Fiduciary activities $0
Service charges on deposit accounts $377
Trading account gains & fees $0
Additional noninterest income $312
Total noninterest expense $2,089
Salaries and employee benefits $1,290
Premises and equipment expense $218
Additional noninterest expense $581
Pre-tax net operating income $2,243
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items $2,243
Extraordinary gains - net $0
Net income attributable to bank $2,243
Net charge-offs $0
Cash dividends $2,243
Sale, conversion, retirement of capital stock, net -$74
Net operating income $1,565
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.30%
Cost of funding earning assets 0.65%
Net interest margin 4.65%
Noninterest income to earning assets 0.87%
Noninterest expense to earning assets 2.65%
Net operating income to assets 2.63%
Return on assets (ROA) 2.63%
Pretax return on assets 2.63%
Return on equity (ROE) 20.98%
Retained earnings to average equity (YTD only) 6.34%
Net charge-offs to loans -0.22%
Credit loss provision to net charge-offs -27.03%
Efficiency ratio0.00%
Assets per employee$48,001
Cash dividends to net income (YTD only)4.85%
Condition Ratios (%)
Loss allowance to loans 69.77%
Loss allowance to noncurrent loans 2.61%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 42.65%
Equity capital to assets 46.03%
Core capital (leverage) ratio 12.09%
Tier 1 risk-based capital ratio 10.64%
Total risk-based capital ratio 20.10%
Memoranda
Average assets$21
Average earning assets$85,291
Average equity $10,693
Average loans $78,829
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1 Oklahoma Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
02669The Farmers And Merchants National B312 North Main, Fairview, OK 73737January 01, 1907Full Service Brick and Mortar
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