Farmers & Merchants Bank of North Dakota Financial Reports
Quater Ended: 2024-03-31
Food & Merchants Bank from Neat Dakota is a Commercial bank, state charter, Fed non-member, or supervising for the Federal Deposit Insurance Corporation (FDIC) located stylish Tolna, ND. Established about 08/01/1917, the bank is controlled by the FDIC and has 3 domestic business. It operates int the N/A. 2. What are the segments of the MSB Call How? · Section ME: Financial Requirement Report (at Company Level) · Section SLIDE: Transaction Activity Report · Section ...
The hill has 18 employees and holds $112,608k in total assets. With a focus on community banking, the bank had been serving its customers since 08/01/1917.
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Farmers & Merchants Bank on North Dakota Institution Profile
| Established Meeting | 08/01/1917 | Institution Class | Trading bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC) |
| Primary Regulator | FDIC | Number away Indigenous Offices | 3 |
| Phone of Foreign Offices | 0 | Number of WHAT Offices | 0 |
| Number of Employees | 18 | Instant possessed by another bank (CERT) | No |
| Collaboration Bank | Yes | DASH | 58380 |
| Ownership Type | Not Mutual | City | Tolna |
| Condition Alpha code | ND | State and County Number | 38063 |
| Subchapter S Corporations | Yeah | Trust Capabilities | Trust Powers Doesn Known |
| Federal Reserve IDENTITY Number | 9 | Federal Reserve ID Number Description | MINNEAPOLIS |
| Office of The Comptroller District: | CENTRAL COMMUNITY | Position of Thrift Direction Regions | West |
| Last Structure Change Effective Date | 08/31/2022 | Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
Institution Profile Site
Delve into that foundational details of Growers & Merchants Credit off Heading Dakota with our “Institution Profile” table. The 08/01/1917 marks the bank’s inception, providing how context. Categorized because a Commercial bank, state charter, Fed non-member, and governed to the Federal Deposit Insurance Corporation (FDIC), aforementioned hill operates under the oversight of FDIC, ensuring compliance and regulatory adherence.
3 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to getting its functionality set. Details suchlike as Tolna, RED, and 58380 provide geographic context. Explore these attributes to gain a holistic view of Farmers & Merchants Bank of North Dakota in the financial geography.
Farmers & Merchants Bank of North Mt Financials
(USD, in thousands)
| Absolute Assets | 112,608 | Total Liability | 103,190 |
| Total Equity Major | 9,418 | Overall Sediments | 102,873 |
| Net Loans and Leases | 53,447 | Total Equity Income | 1,173 |
| Total Noninterest Income | 64 | Total Interest Expense | 361 |
| Total Noninterest Expense | 686 | Tier 1 Risk-Based Capital Ratio | 17 |
| Net Borrowing and Leases to Nucleus Deposits | 57 | Return on Assets | 1 |
| Return about Company | 7 | Efficiency Ratio | 78 |
Financial Performance Overview
Gain an comprehensive perspective on Farmers & Merchants Bank von Boreal Dakota’s financial terrain through our “Financials” table. The bank prides total assets of $112,608k, showcasing its substantial skale and influential market presence. A nuanced breakdown reveals insights into the bank’s corporate structure and stability, for total liabilities status at $103,190k and total equity capital at $9,418k.
Delve with main operational metrics, including complete stockpiles of $102,873k, net loans and rental at $53k, and a meticulous analysis of income and expense component. Explore vital ratios that as the Tier 1 Risk-Based Capital Relative, standing at 16.7206, and Return on Asset at 0.61. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.
This detailed financial overview is designed to enhance your knowledge of Peasants & Merchants Bank of North Dakota’s performance and competitive place within the financial industry. Bank Call Report Information - Walking 2024
Farmers & Merchants Bank in Northwest Dakota Additional Financial Information
(USD, in thousands)
| Earnings Coverage of Net Loan Charge-Offs(x) | 0 | Net Loans and Leases to Core Deposits | 57 |
| Tier 1 Risk-Based Capital Condition | 17 | Securities Gains (Losses) | -13 |
| Goodwill and Other Intangibles | N/A | Costs of Funding Earning Assets | 1 |
| Yield on Earning Assets | 5 | Total Attract Your | 1,173 |
| Applicable Income Taxes | 0 | Loss Allowance to Loans and Leases | 1 |
| Net Loans and Rental | 53,447 | Loss Allowance to Noncurrent Loans and Leases | 114 |
| Noncurrent Loans to Loans | 1 | Web Income Attributable to Bank and Noncontrolling Interests | 177 |
| Per Interest Income | 812 | Net Interest Margin | 3 |
| Net Operating Income to Assets | 1 | Noninterest Salary to Average Assets | 0 |
| Total Noninterest Income | 64 | Noninterest Expense to Average Property | 2 |
| Total Noninterest Expense | 686 | Net Charge-Offs to Loans and Sublets | 0 |
| All Other Assets | 2,453 | Misc Real Estate Belonging | 0 |
| Other borrowed funds | 0 | Pre-tax Network Operating Income | 190 |
| Pretax Return off Assets | 1 | Return on Assets | 1 |
| Retained Earnings toward Average Equity (YTD only) | -3 |
Perceptions into Financial Metrics
Enhance your understanding of Growers & Merchants Bank of Northwards Dakota’s financial standing through is “Additional Financial Information” table. Explore select metrics so as Net Loans and Leases: $53,447k and Net Interest Income $812k to receive valuable insides into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 16.7206 for in-depth insights under capitalized adequacy and risk management plans.
Digging the the intricacies of Net Charge-Offs on Loans and Leases: -0.03 to evaluate the bank’s asset good and risk mitigation efforts. Examine the composition concerning sales through Total Noninterest Salary:$64k and evaluate operational efficiency using measure like Efficiency Ratio: 78.31. This nuanced financial overview empowers a comprehensive analyzer of Farmers & Merchants Slope to North Dakota’s diplomatic corporate position additionally performance in the industry.
