The Farmers and Merchants National Bank of Hatton in Hatton, North Dakota (ND)
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| The Farmers and Merchants National Bank of Hatton | |
|---|---|
| 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) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 9 |
| Total assets | $27,312 |
| Cash and due from depository institutions | $1,387 |
| Interest-bearing balances | $0 |
| Securities | $2,845 |
| Federal funds sold & reverse repurchase agreements | $4,500 |
| Net loans & leases | $17,051 |
| Loan loss allowance | $458 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $278 |
| Other real estate owned | $142 |
| Goodwill and other intangibles | $658 |
| All other assets | $451 |
| Life insurance assets | $27,312 |
| Total liabilities and capital | $24,234 |
| Total liabilities | $24,140 |
| Total deposits | $20,220 |
| Interest-bearing deposits | $24,140 |
| Deposits held in domestic offices | $94 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $94 |
| All other liabilities | $3,078 |
| Total equity capital | $3,078 |
| Total bank equity capital | $3,078 |
| Perpetual preferred stock | $0 |
| Common stock | $720 |
| Surplus | $2,770 |
| Undivided profits | $-412 |
| 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 | $461 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $218 |
| Average Assets, year-to-date | $24,396 |
| Average Assets, quarterly | $3,326 |
| Volatile liabilities | $29,005 |
| Insider loans | $27,504 |
| FHLB advances | $16,939 |
| Loans and leases held for sale | $26,874 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $2,406 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $2,892 |
| Derivatives | $0 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $1,365 |
| Total interest expense | $413 |
| Net interest income | $952 |
| Provision for loan and lease losses | $100 |
| Total noninterest income | $71 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $13 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $58 |
| Total noninterest expense | $1,114 |
| Salaries and employee benefits | $562 |
| Premises and equipment expense | $165 |
| Additional noninterest expense | $387 |
| Pre-tax net operating income | -$191 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $0 |
| Income before extraordinary items | -$191 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$191 |
| Net charge-offs | $0 |
| Cash dividends | -$191 |
| Sale, conversion, retirement of capital stock, net | $149 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.38% |
| Cost of funding earning assets | 1.63% |
| Net interest margin | 3.75% |
| Noninterest income to earning assets | 0.28% |
| Noninterest expense to earning assets | 4.39% |
| Net operating income to assets | -0.66% |
| Return on assets (ROA) | -0.66% |
| Pretax return on assets | -0.66% |
| Return on equity (ROE) | -6.03% |
| Retained earnings to average equity (YTD only) | -6.03% |
| Net charge-offs to loans | 0.77% |
| Credit loss provision to net charge-offs | 67.11% |
| Efficiency ratio | -0.61% |
| Assets per employee | $108,895 |
| Cash dividends to net income (YTD only) | 3.03% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 2.62% |
| Noncurrent assets plus other real estate owned to assets | 99.35% |
| Noncurrent loans to loans | 2.21% |
| Net loans and leases to deposits | 2.63% |
| Net loans and leases to core deposits | 70.63% |
| Equity capital to assets | 86.01% |
| Core capital (leverage) ratio | 11.27% |
| Tier 1 risk-based capital ratio | 8.95% |
| Total risk-based capital ratio | 14.20% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $29,005 |
| Average equity | $3,166 |
| Average loans | $25,358 |
| 2 North Dakota Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 2565 | The Farmers And Merchants National B | 415 Seventh Street, Hatton, ND 58240 | September 19, 1905 | Full Service Brick and Mortar |  |
| 1 | 476036 | Fargo Branch | 902 28th Street South, Fargo, ND 58103 | Febuary 19, 2008 | Full Service Brick and Mortar |  |
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