Farmers And Merchants State Bank
Paynesville, MN — Domestic Branch of a Domestic Bank
Acquired Jan 2016
Vitals
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Total Assets29.0M 2.8 %
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Total Deposits26.2M 3.4 %
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Total Net Loans8.3M 1.2 %
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Net Income190000.0000 -19.1 %
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Book Value2.8M -2.6 %
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Book Value x25.6M -2.6 %
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Book Value x38.4M -2.6 %
Balance Sheet Highlights
Financial Highlights | Farmers And Merchants State Bank | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 29,026 | 139,469 |
Total Net Loans | 8,281 | 90,163 |
Total Deposits | 26,202 | 119,411 |
Total Equity | 2,798 | 14,761 |
Profitability | ||
Net Income | 190 | 1,588 |
Return on Average Assets | .667 | 1.059 |
Return on Average Equity | 6.669 | 9.966 |
Net Interest Margin | 3.377 | 3.844 |
Efficiency Ratio | 77.04 | 69.087 |
Noninterest Income/Revenue | 6.385 | 13.478 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 31.605 | 73.727 |
Securities/Assets | .457 | .179 |
Total Equity/Total Assets | .096 | .106 |
Tangible Equity/Tangible Assets | .096 | .104 |
Capital Adequacy | ||
Tier 1 Common Capital | 2,529 | 14,190 |
Tier 1 Capital | 2,529 | 14,197 |
Tier 2 Capital | 128 | 1,059 |
Total Capital | 2,657 | 15,278 |
Total Risk Weighted Assets | 10,202 | 98,331 |
Leverage Ratio | 8.89 | 10.355 |
Common Equity Tier 1 Capital Ratio | 24.79 | 15.354 |
Tier 1 Capital Ratio | 24.79 | 15.366 |
Total Capital Ratio | 26.04 | 16.46 |
Timeline for Farmers And Merchants State Bank
Perennial Bank
Farmers And Merchants State Bank was acquired by Perennial Bank 8 years
View Profile Jan 13 2016Darwin Bancshares, Inc.
Darwin Bancshares, Inc. became a new parent organization for Farmers And Merchants State Bank.
View Profile May 30 1984Farmers And Merchants State Bank
Farmers And Merchants State Bank was established 116 years ago and is currently headquartered in Paynesville, MN.
Dec 18 1907Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Perennial Bank | Buyer | 97,071 | Pooling of Interests | Discontinued | 1/13/2016 |
Relationships | Role | Relationship Start | Relationship End |
Darwin Bancshares, Inc. | Parent | 5/30/1984 | 1/12/2016 |
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