Home > The Farmers and Merchants State Bank > Performance and Condition Ratios
The Farmers and Merchants State Bank, Performance and Condition Ratios
| 2010-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.2833% | 3,544 |
| Cost of funding earning assets | 1.3588% | 4,134 |
| Net interest margin | 3.9244% | 3,338 |
| Noninterest income to average assets | 0.6688% | 2,905 |
| Noninterest expense to average assets | 2.9040% | 4,058 |
| Loan and lease loss provision to assets | 0.4400% | 3,116 |
| Net operating income to assets | 0.7304% | 3,272 |
| Return on assets (ROA) | 0.7304% | 3,426 |
| Pretax return on assets | 0.7304% | 4,138 |
| Return on Equity (ROE) | 7.7910% | 2,970 |
| Retained earnings to average equity (ytd only) | -1.4080% | 6,047 |
| Net charge-offs to loans | 1.1012% | 1,717 |
| Credit loss provision to net charge-offs | 98.0392% | 4,180 |
| Earnings coverage of net charge-offs (x) | 2.6078% | 3,695 |
| Efficiency ratio | 71.2743% | 3,946 |
| Assets per employee ($millions) | 3.1770% | 5,726 |
| Cash dividends to net income (ytd only)* | 118.0723% | 299 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.7409% | 2,933 |
| Loan loss allowance to noncurrent loans | 428.9474% | 726 |
| Noncurrent assets plus other real estate owned to assets | 1.3445% | 4,472 |
| Noncurrent loans to loans | 0.4059% | 6,434 |
| Net loans and leases to total assets | 41.3688% | 7,075 |
| Net loans and leases to deposits | 53.9052% | 6,868 |
| Net loans and leases to core deposits | 61.0606% | 6,636 |
| Total domestic deposits to total assets | 76.7436% | 6,557 |
| Equity capital to assets | 9.6452% | 4,475 |
| Core capital (leverage) ratio | 8.5934% | 5,246 |
| Tier 1 risk-based capital ratio | 15.3672% | 2,971 |
| Total risk-based capital ratio | 16.6208% | 2,931 |
| Memoranda: | ||
| Average total assets | $22,727,330 | 7,561 |
| Average earning assets | $19,722,670 | 7,563 |
| Average equity | $2,130,670 | 7,642 |
| Average total loans | $9,262,670 | 7,582 |
| 2010-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.2483% | 3,790 |
| Cost of funding earning assets | 1.2971% | 4,833 |
| Net interest margin | 3.9512% | 3,095 |
| Noninterest income to average assets | 0.6617% | 2,872 |
| Noninterest expense to average assets | 2.8209% | 4,404 |
| Loan and lease loss provision to assets | 0.8706% | 1,467 |
| Net operating income to assets | 0.4179% | 4,761 |
| Return on assets (ROA) | 0.4179% | 4,904 |
| Pretax return on assets | 0.4179% | 5,238 |
| Return on Equity (ROE) | 4.5208% | 4,645 |
| Retained earnings to average equity (ytd only) | 3.5790% | 4,006 |
| Net charge-offs to loans | 0.0000% | 5,609 |
| Credit loss provision to net charge-offs | NA | NA |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 68.6441% | 4,592 |
| Assets per employee ($millions) | 3.1233% | 5,942 |
| Cash dividends to net income (ytd only)* | 20.8333% | 2,220 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.4137% | 1,407 |
| Loan loss allowance to noncurrent loans | 243.1818% | 1,192 |
| Noncurrent assets plus other real estate owned to assets | 1.5963% | 4,100 |
| Noncurrent loans to loans | 0.9926% | 5,338 |
| Net loans and leases to total assets | 39.5737% | 7,275 |
| Net loans and leases to deposits | 51.8146% | 7,056 |
| Net loans and leases to core deposits | 60.0917% | 6,739 |
| Total domestic deposits to total assets | 76.3756% | 6,690 |
| Equity capital to assets | 9.8019% | 4,106 |
| Core capital (leverage) ratio | 8.4167% | 5,532 |
| Tier 1 risk-based capital ratio | 15.8114% | 2,725 |
| Total risk-based capital ratio | 17.0698% | 2,660 |
| Memoranda: | ||
| Average total assets | $22,971,500 | 7,653 |
| Average earning assets | $20,044,500 | 7,647 |
| Average equity | $2,123,500 | 7,724 |
| Average total loans | $9,212,500 | 7,681 |
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.5248% | 4,016 |
| Cost of funding earning assets | 1.5251% | 5,403 |
| Net interest margin | 3.9997% | 2,867 |
| Noninterest income to average assets | 0.6422% | 3,340 |
| Noninterest expense to average assets | 2.9705% | 4,261 |
| Loan and lease loss provision to assets | 1.5857% | 1,446 |
| Net operating income to assets | -0.3102% | 5,985 |
| Return on assets (ROA) | -0.3102% | 5,982 |
| Pretax return on assets | -0.2708% | 5,801 |
| Return on Equity (ROE) | -3.3051% | 6,026 |
| Retained earnings to average equity (ytd only) | -10.5204% | 6,552 |
| Net charge-offs to loans | 3.1797% | 647 |
| Credit loss provision to net charge-offs | 108.6826% | 5,091 |
| Earnings coverage of net charge-offs (x) | 0.9012% | 5,213 |
| Efficiency ratio | 69.3170% | 4,766 |
| Assets per employee ($millions) | 3.4400% | 5,156 |
| Cash dividends to net income (ytd only)* | -218.3099% | 7,959 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.7261% | 2,805 |
| Loan loss allowance to noncurrent loans | 187.5000% | 1,574 |
| Noncurrent assets plus other real estate owned to assets | 1.4493% | 4,242 |
| Noncurrent loans to loans | 0.9206% | 5,472 |
| Net loans and leases to total assets | 39.0116% | 7,404 |
| Net loans and leases to deposits | 52.2906% | 7,142 |
| Net loans and leases to core deposits | 70.5626% | 6,732 |
| Total domestic deposits to total assets | 74.6055% | 6,931 |
| Equity capital to assets | 8.7375% | 5,537 |
| Core capital (leverage) ratio | 8.0174% | 6,154 |
| Tier 1 risk-based capital ratio | 13.4730% | 3,841 |
| Total risk-based capital ratio | 14.6333% | 3,833 |
| Memoranda: | ||
| Average total assets | $22,891,800 | 7,708 |
| Average earning assets | $20,851,600 | 7,683 |
| Average equity | $2,148,200 | 7,813 |
| Average total loans | $10,504,200 | 7,682 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.5368% | 4,235 |
| Cost of funding earning assets | 1.5281% | 5,723 |
| Net interest margin | 4.0087% | 2,774 |
| Noninterest income to average assets | 0.6314% | 3,484 |
| Noninterest expense to average assets | 2.8974% | 4,466 |
| Loan and lease loss provision to assets | 1.6109% | 1,172 |
| Net operating income to assets | -0.2420% | 6,130 |
| Return on assets (ROA) | -0.2420% | 6,134 |
| Pretax return on assets | -0.1770% | 5,944 |
| Return on Equity (ROE) | -2.5319% | 6,168 |
| Retained earnings to average equity (ytd only) | -11.3618% | 6,904 |
| Net charge-offs to loans | 0.8566% | 2,254 |
| Credit loss provision to net charge-offs | 395.6522% | 1,008 |
| Earnings coverage of net charge-offs (x) | 3.5216% | 3,498 |
| Efficiency ratio | 66.8937% | 5,211 |
| Assets per employee ($millions) | 3.4114% | 5,139 |
| Cash dividends to net income (ytd only)* | -348.7470% | 8,063 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 3.2932% | 510 |
| Loan loss allowance to noncurrent loans | 95.7627% | 2,881 |
| Noncurrent assets plus other real estate owned to assets | 2.5754% | 2,696 |
| Noncurrent loans to loans | 3.4389% | 2,177 |
| Net loans and leases to total assets | 41.6876% | 7,384 |
| Net loans and leases to deposits | 58.3358% | 6,946 |
| Net loans and leases to core deposits | 81.3184% | 6,249 |
| Total domestic deposits to total assets | 71.4615% | 7,285 |
| Equity capital to assets | 8.9322% | 5,592 |
| Core capital (leverage) ratio | 8.3711% | 5,713 |
| Tier 1 risk-based capital ratio | 12.7740% | 4,335 |
| Total risk-based capital ratio | 14.0266% | 4,277 |
| Memoranda: | ||
| Average total assets | $22,594,750 | 7,783 |
| Average earning assets | $20,854,000 | 7,758 |
| Average equity | $2,159,250 | 7,889 |
| Average total loans | $10,740,500 | 7,743 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.5892% | 4,129 |
| Cost of funding earning assets | 1.5997% | 5,745 |
| Net interest margin | 3.9895% | 2,742 |
| Noninterest income to average assets | 0.6406% | 3,414 |
| Noninterest expense to average assets | 2.9053% | 4,482 |
| Loan and lease loss provision to assets | 0.2707% | 4,416 |
| Net operating income to assets | 1.0827% | 1,833 |
| Return on assets (ROA) | 1.0827% | 1,905 |
| Pretax return on assets | 1.1549% | 2,445 |
| Return on Equity (ROE) | 11.0701% | 1,685 |
| Retained earnings to average equity (ytd only) | 0.1845% | 5,137 |
| Net charge-offs to loans | -0.0551% | 7,862 |
| Credit loss provision to net charge-offs | -1,000.0000% | 7,114 |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 67.0833% | 5,348 |
| Assets per employee ($millions) | 3.1427% | 5,736 |
| Cash dividends to net income (ytd only)* | 98.3333% | 744 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.5959% | 2,764 |
| Loan loss allowance to noncurrent loans | 24.4898% | 6,874 |
| Noncurrent assets plus other real estate owned to assets | 3.1183% | 2,015 |
| Noncurrent loans to loans | 6.5166% | 806 |
| Net loans and leases to total assets | 47.0885% | 7,116 |
| Net loans and leases to deposits | 64.1782% | 6,546 |
| Net loans and leases to core deposits | 83.4192% | 6,130 |
| Total domestic deposits to total assets | 73.3715% | 7,054 |
| Equity capital to assets | 10.2414% | 3,679 |
| Core capital (leverage) ratio | 9.5429% | 3,820 |
| Tier 1 risk-based capital ratio | 14.3440% | 3,332 |
| Total risk-based capital ratio | 15.4680% | 3,328 |
| Memoranda: | ||
| Average total assets | $22,166,330 | 7,877 |
| Average earning assets | $20,504,000 | 7,846 |
| Average equity | $2,168,000 | 7,969 |
| Average total loans | $10,889,330 | 7,822 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.6818% | 3,892 |
| Cost of funding earning assets | 1.6539% | 5,799 |
| Net interest margin | 4.0278% | 2,543 |
| Noninterest income to average assets | 0.6472% | 3,215 |
| Noninterest expense to average assets | 2.8225% | 4,460 |
| Loan and lease loss provision to assets | 0.4135% | 2,853 |
| Net operating income to assets | 1.0427% | 2,155 |
| Return on assets (ROA) | 1.0427% | 2,286 |
| Pretax return on assets | 1.1326% | 2,866 |
| Return on Equity (ROE) | 10.9151% | 1,994 |
| Retained earnings to average equity (ytd only) | -1.6937% | 6,037 |
| Net charge-offs to loans | -0.1084% | 7,902 |
| Credit loss provision to net charge-offs | -766.6667% | 6,488 |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | 64.6091% | 5,575 |
| Assets per employee ($millions) | 3.1846% | 5,638 |
| Cash dividends to net income (ytd only)* | 115.5172% | 626 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.5282% | 2,824 |
| Loan loss allowance to noncurrent loans | 48.4940% | 5,285 |
| Noncurrent assets plus other real estate owned to assets | 1.4893% | 3,697 |
| Noncurrent loans to loans | 3.1514% | 2,049 |
| Net loans and leases to total assets | 46.5369% | 7,154 |
| Net loans and leases to deposits | 62.6374% | 6,683 |
| Net loans and leases to core deposits | 83.7761% | 6,076 |
| Total domestic deposits to total assets | 74.2957% | 6,836 |
| Equity capital to assets | 9.9139% | 4,100 |
| Core capital (leverage) ratio | 9.4322% | 4,064 |
| Tier 1 risk-based capital ratio | 14.1565% | 3,497 |
| Total risk-based capital ratio | 15.2275% | 3,524 |
| Memoranda: | ||
| Average total assets | $22,250,000 | 7,921 |
| Average earning assets | $20,557,000 | 7,890 |
| Average equity | $2,125,500 | 8,030 |
| Average total loans | $11,070,500 | 7,856 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.2519% | 4,228 |
| Cost of funding earning assets | 2.2400% | 5,421 |
| Net interest margin | 4.0119% | 3,060 |
| Noninterest income to average assets | 0.7072% | 3,081 |
| Noninterest expense to average assets | 3.1205% | 3,614 |
| Loan and lease loss provision to assets | 0.5127% | 2,756 |
| Net operating income to assets | 0.7293% | 3,759 |
| Return on assets (ROA) | 0.7293% | 3,594 |
| Pretax return on assets | 0.7867% | 4,121 |
| Return on Equity (ROE) | 7.5439% | 3,263 |
| Retained earnings to average equity (ytd only) | -6.1723% | 6,683 |
| Net charge-offs to loans | 0.7972% | 1,565 |
| Credit loss provision to net charge-offs | 127.4725% | 4,182 |
| Earnings coverage of net charge-offs (x) | 3.2308% | 4,471 |
| Efficiency ratio | 70.6000% | 4,229 |
| Assets per employee ($millions) | 3.1726% | 5,556 |
| Cash dividends to net income (ytd only)* | 181.8182% | 355 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.1632% | 4,827 |
| Loan loss allowance to noncurrent loans | 40.2985% | 6,042 |
| Noncurrent assets plus other real estate owned to assets | 1.5085% | 3,202 |
| Noncurrent loans to loans | 2.8864% | 1,867 |
| Net loans and leases to total assets | 51.6526% | 6,877 |
| Net loans and leases to deposits | 72.8734% | 5,961 |
| Net loans and leases to core deposits | 99.5747% | 4,863 |
| Total domestic deposits to total assets | 70.8799% | 7,173 |
| Equity capital to assets | 9.1904% | 5,095 |
| Core capital (leverage) ratio | 9.4088% | 4,144 |
| Tier 1 risk-based capital ratio | 13.5595% | 3,782 |
| Total risk-based capital ratio | 14.4141% | 3,929 |
| Memoranda: | ||
| Average total assets | $22,624,800 | 7,925 |
| Average earning assets | $20,937,800 | 7,896 |
| Average equity | $2,187,200 | 8,080 |
| Average total loans | $11,415,600 | 7,868 |