The Farmers and Merchants National Bank of Hamilton in Hamilton, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 18, 1993

  • The Farmers and Merchants National Bank of Hamilton in Hamilton, Virginia (VA)
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The Farmers and Merchants National Bank of Hamilton - Overview

  • General
  • FDIC Certificate #: 6853
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: F&M Bank-Winchester (#6927)
    Federal Reserve ID: 792127
    Date Established: October 02, 1910
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 4606
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 18, 1993
    Last Structure Change Process Date: October 04, 1993
    Last Data Update: October 04, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: Route 7 East End Of Hamilton, Hamilton, VA 22068
    County: Loudoun
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • Financial Summary
  • Total assets: $184.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $116Total assets
  • $219,184Cash and due from depository institutions
  • $8,400Interest-bearing balances
  • $505Securities
  • $43,520Federal funds sold & reverse repurchase agreements
  • $3,150Net loans & leases
  • $146,522Loan loss allowance
  • $8,422Trading account assets
  • $0Bank premises and fixed assets
  • $7,007Other real estate owned
  • $6,675Goodwill and other intangibles
  • $3,910Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $219,184Total liabilities
  • $212,588Total deposits
  • $211,137Interest-bearing deposits
  • $181,977Deposits held in domestic offices
  • 211137.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $243Subordinated debt
  • $0All other liabilities
  • $1,208Total equity capital
  • $1,208Total bank equity capital
  • $6,596Perpetual preferred stock
  • $0Common stock
  • $409Surplus
  • $9,770Undivided profits
  • Memoranda
  • $-3,583Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,004Income earned, not collected on loans
  • $1,077Earning assets
  • $193,697Long-term assets (5+ years)
  • $26,934Average Assets, year-to-date
  • $225,583Average Assets, quarterly
  • $227,423Volatile liabilities
  • $17,988Insider loans
  • $698FHLB advances
  • $0Loans and leases held for sale
  • $1,036Unused loan commitments
  • $11,265Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,596Total risk weighted assets
  • $168,667Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $18,210Total interest expense
  • $9,060Net interest income
  • $9,150Provision for loan and lease losses
  • $11,371Total noninterest income
  • $1,226Fiduciary activities
  • $0Service charges on deposit accounts
  • $991Trading account gains & fees
  • $18Additional noninterest income
  • $217Total noninterest expense
  • $10,072Salaries and employee benefits
  • $3,949Premises and equipment expense
  • $1,422Additional noninterest expense
  • $4,701Pre-tax net operating income
  • -$11,067Securities gains (losses)
  • $162Applicable income taxes
  • -$951Income before extraordinary items
  • -$9,954Extraordinary gains - net
  • $0Net income attributable to bank
  • -$9,954Net charge-offs
  • $4,617Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.09%Cost of funding earning assets
  • 4.52%Net interest margin
  • 4.57%Noninterest income to earning assets
  • 0.61%Noninterest expense to earning assets
  • 5.03%Net operating income to assets
  • -4.48%Return on assets (ROA)
  • -4.41%Pretax return on assets
  • -4.83%Return on equity (ROE)
  • -84.06%Retained earnings to average equity (YTD only)
  • -84.06%Net charge-offs to loans
  • 2.94%Credit loss provision to net charge-offs
  • 246.29%Efficiency ratio
  • 97,070Assets per employee
  • 1.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.44%Loss allowance to noncurrent loans
  • 30.07%Noncurrent assets plus other real estate owned to assets
  • 15.82%Noncurrent loans to loans
  • 18.07%Net loans and leases to deposits
  • 69.40%Net loans and leases to core deposits
  • 75.86%Equity capital to assets
  • 3.01%Core capital (leverage) ratio
  • 2.92%Tier 1 risk-based capital ratio
  • 3.91%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $225,583Average earning assets
  • $11,841Average equity
  • $200,295Average loans

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