Farmers & Mechanics Bank
Galesburg, IL — State Member Bank
Active
Vitals
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Total Assets344.7M 16.0 %
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Total Deposits288.2M 12.8 %
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Total Net Loans207.3M 14.1 %
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Net Income3.5M 5.3 %
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Book Value41.4M 9.8 %
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Book Value x282.9M 9.8 %
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Book Value x3124.3M 9.8 %
Balance Sheet Highlights
Financial Highlights | Farmers & Mechanics Bank | All Insured Commercial Banks in Illinois |
Balance Sheet $(000) | ||
Total Assets | 344,748 | 290,894 |
Total Net Loans | 207,283 | 191,278 |
Total Deposits | 288,229 | 246,407 |
Total Equity | 41,441 | 31,125 |
Profitability | ||
Net Income | 3,483 | 2,670 |
Return on Average Assets | 1.071 | .919 |
Return on Average Equity | 8.896 | 8.247 |
Net Interest Margin | 3.584 | 3.499 |
Efficiency Ratio | 62.53 | 67.9 |
Noninterest Income/Revenue | 30.826 | 16.598 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 71.916 | 72.669 |
Securities/Assets | .298 | .191 |
Total Equity/Total Assets | .12 | .107 |
Tangible Equity/Tangible Assets | .081 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | 33,246 | 29,670 |
Tier 1 Capital | 33,246 | 29,720 |
Tier 2 Capital | 2,418 | 2,112 |
Total Capital | 35,664 | 31,905 |
Total Risk Weighted Assets | 222,272 | 212,461 |
Leverage Ratio | 9.8 | 10.62 |
Common Equity Tier 1 Capital Ratio | 14.96 | 16.313 |
Tier 1 Capital Ratio | 14.96 | 16.329 |
Total Capital Ratio | 16.05 | 17.341 |
Timeline for Farmers & Mechanics Bank
Brimfield Bank
Acquisition: Farmers & Mechanics Bank acquired a new subsidiary, Brimfield Bank, 7 years
View Profile Jul 01 2016Central Bancshares, Inc.
Central Bancshares, Inc. became a new parent organization for Farmers & Mechanics Bank.
View Profile Mar 30 2002Mfc, Inc.
Mfc, Inc. became a new parent organization for Farmers & Mechanics Bank.
View Profile Apr 01 2000Marquette Financial Companies
Marquette Financial Companies became a new parent organization for Farmers & Mechanics Bank.
View Profile Jan 01 1999Farmers & Mechanics Bank
Farmers & Mechanics Bank was established 155 years ago and is currently headquartered in Galesburg, IL.
Mar 31 1869Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Brimfield Bank | Seller | 43,508 | Acquisition | Discontinued | 7/1/2016 |
Relationships | Role | Relationship Start | Relationship End |
Central Bancshares, Inc. | Parent | 3/30/2002 | |
Mfc, Inc. | Parent | 4/1/2000 | 3/29/2002 |
Marquette Financial Companies | Parent | 1/1/1999 | 3/31/2000 |
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