The Merchants & Farmers Bank in Melville, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 29, 2011

The Merchants & Farmers Bank - Overview

  • General
  • FDIC Certificate #: 13170
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Mississippi Bank (#21083)
    Federal Reserve ID: 146533
    Date Established: August 24, 1908
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 8332
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: August 29, 2011
    Last Structure Change Process Date: September 16, 2011
    Last Data Update: September 16, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: Church And Harvard Streets, Melville, LA 71353
    County: St. Landry
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Lafayette, LA (#3880)
    Combined Statistical Area (CSA): Lafayette-Acadiana, LA (#318)
    Core Based Statistical Area (CBSA): Opelousas-Eunice, LA (#36660)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $8.2 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, 2010)

  • Dollar figures in thousands
  • 7Total employees (full-time equivalent)
  • $7,961Total assets
  • $2,575Cash and due from depository institutions
  • $1,636Interest-bearing balances
  • $773Securities
  • $1,900Federal funds sold & reverse repurchase agreements
  • $2,614Net loans & leases
  • $72Loan loss allowance
  • $0Trading account assets
  • $45Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $54All other assets
  • $7,961Total liabilities and capital
  • $7,005Total liabilities
  • $6,971Total deposits
  • $4,017Interest-bearing deposits
  • $6,971Deposits held in domestic offices
  • 100.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $34All other liabilities
  • $956Total equity capital
  • $956Total bank equity capital
  • $956Perpetual preferred stock
  • $0Common stock
  • $50Surplus
  • $300Undivided profits
  • Memoranda
  • $606Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $118Earning assets
  • $0Long-term assets (5+ years)
  • $44Average Assets, year-to-date
  • $6,923Average Assets, quarterly
  • $735Volatile liabilities
  • $8,522Insider loans
  • $8,252FHLB advances
  • $300Loans and leases held for sale
  • $16Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $31Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $332Total interest income
  • $51Total interest expense
  • $281Net interest income
  • $0Provision for loan and lease losses
  • $105Total noninterest income
  • $0Fiduciary activities
  • $80Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25Additional noninterest income
  • $472Total noninterest expense
  • $175Salaries and employee benefits
  • $74Premises and equipment expense
  • $223Additional noninterest expense
  • -$86Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$86Income before extraordinary items
  • $0Extraordinary gains - net
  • -$86Net income attributable to bank
  • $0Net charge-offs
  • -$86Cash dividends
  • $2Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.39%Yield on earning assets
  • 0.67%Cost of funding earning assets
  • 3.71%Net interest margin
  • 1.39%Noninterest income to earning assets
  • 6.24%Noninterest expense to earning assets
  • -1.01%Net operating income to assets
  • -1.01%Return on assets (ROA)
  • -1.01%Pretax return on assets
  • -8.68%Return on equity (ROE)
  • -8.68%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -43.00%Efficiency ratio
  • 122,280Assets per employee
  • 1.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.68%Loss allowance to noncurrent loans
  • 61.02%Noncurrent assets plus other real estate owned to assets
  • 1.48%Noncurrent loans to loans
  • 4.39%Net loans and leases to deposits
  • 37.50%Net loans and leases to core deposits
  • 39.18%Equity capital to assets
  • 12.01%Core capital (leverage) ratio
  • 11.27%Tier 1 risk-based capital ratio
  • 38.38%Total risk-based capital ratio
  • Memoranda
  • $40Average assets
  • $8,522Average earning assets
  • $991Average equity
  • $7,568Average loans

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