The Farmers and Merchants National Bank of Hatton in Hatton, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Farmers and Merchants National Bank of Hatton - Overview

  • General
  • FDIC Certificate #: 3934
    Status: Active
    Federal Reserve ID: 668053
    Bank Holding Company (Regulatory Top Holder): Hatton Bancshares, Inc. (RSSDID: 3435957, Location: Fargo, ND)
    Date Established: September 19, 1905
    WWW: http://www.fmnb.net
    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: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 2565
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 17, 2011
    Last Structure Change Process Date: Febuary 17, 2011
    Last Data Update: Febuary 17, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 415 Seventh Street, Hatton, ND 58240
    County: Traill
    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
  • Financial Summary
  • Total assets: $27.3 mil
    Equity capital: $3.1 mil
    Deposits held in domestic offices: $24.1 mil
    Return on assets (ROA): -0.66% (-$0.2 mil)
    Quarterly return on assets: -2.37% (-$0.6 mil)
    Return on Equity (ROE): -6.03% (-$0.2 mil)
    Quarterly return on equity: -20.61% (-$0.6 mil)
    Net income: -$0.2 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -0.66% (-$180.3 mil)
    Quarterly Pretax return on assets: -2.37% (-$647.3 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
  • 9Total employees (full-time equivalent)
  • $27,312Total assets
  • $1,387Cash and due from depository institutions
  • $0Interest-bearing balances
  • $2,845Securities
  • $4,500Federal funds sold & reverse repurchase agreements
  • $17,051Net loans & leases
  • $458Loan loss allowance
  • $0Trading account assets
  • $278Bank premises and fixed assets
  • $142Other real estate owned
  • $658Goodwill and other intangibles
  • $27,312Life insurance assets
  • $451All other assets
  • $24,234Total liabilities and capital
  • $24,140Total liabilities
  • $20,220Total deposits
  • $24,140Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $94Subordinated debt
  • $3,078All other liabilities
  • $3,078Total equity capital
  • $3,078Total bank equity capital
  • $0Perpetual preferred stock
  • $720Common stock
  • $2,770Surplus
  • $-412Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $461Income earned, not collected on loans
  • $0Earning assets
  • $218Long-term assets (5+ years)
  • $24,396Average Assets, year-to-date
  • $3,326Average Assets, quarterly
  • $29,005Volatile liabilities
  • $27,504Insider loans
  • $16,939FHLB advances
  • $26,874Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,406Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,892Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,365Total interest income
  • $413Total interest expense
  • $952Net interest income
  • $100Provision for loan and lease losses
  • $71Total noninterest income
  • $0Fiduciary activities
  • $13Service charges on deposit accounts
  • $0Trading account gains & fees
  • $58Additional noninterest income
  • $1,114Total noninterest expense
  • $562Salaries and employee benefits
  • $165Premises and equipment expense
  • $387Additional noninterest expense
  • -$191Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$191Income before extraordinary items
  • $0Extraordinary gains - net
  • -$191Net income attributable to bank
  • $0Net charge-offs
  • -$191Cash dividends
  • $149Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.38%Yield on earning assets
  • 1.63%Cost of funding earning assets
  • 3.75%Net interest margin
  • 0.28%Noninterest income to earning assets
  • 4.39%Noninterest expense to earning assets
  • -0.66%Net operating income to assets
  • -0.66%Return on assets (ROA)
  • -0.66%Pretax return on assets
  • -6.03%Return on equity (ROE)
  • -6.03%Retained earnings to average equity (YTD only)
  • 0.77%Net charge-offs to loans
  • 67.11%Credit loss provision to net charge-offs
  • -0.61%Efficiency ratio
  • 108,895Assets per employee
  • 3.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.62%Loss allowance to noncurrent loans
  • 99.35%Noncurrent assets plus other real estate owned to assets
  • 2.21%Noncurrent loans to loans
  • 2.63%Net loans and leases to deposits
  • 70.63%Net loans and leases to core deposits
  • 86.01%Equity capital to assets
  • 11.27%Core capital (leverage) ratio
  • 8.95%Tier 1 risk-based capital ratio
  • 14.20%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $29,005Average earning assets
  • $3,166Average equity
  • $25,358Average loans

List of branches

  • 2 North Dakota Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02565The Farmers And Merchants National B415 Seventh Street, Hatton, ND 58240September 19, 1905Full Service Brick and Mortar
    1476036Fargo Branch902 28th Street South, Fargo, ND 58103Febuary 19, 2008Full Service Brick and Mortar

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