The Farmers and Merchants State Bank of Argonia

The Farmers and Merchants State Bank of Argonia is headquartered in Argonia and is the 268^th largest bank in the state of Kansas. It is also the 6,932^nd largest bank in the nation. It was established in 1901 and as of March of 2012, it had grown to 13 employees at 2 locations. The Farmers and Merchants State Bank of Argonia has a 4-star health rating.

Data for Q1 2012

Institution Statistics The Farmers and Merchants State Bank of Argonia FDIC Certificate # 17719 BankRate Report View Year Established 1901 Employees 13 Primary Regulator FDIC Assets and Liabilities Assets $30.74 million Loans $18.99 million Deposits $28.43 million Equity Capital $2.23 million Loan Loss Allowance $299,000 Unbacked Noncurrent Loans $94,000 Real Estate Owned $395,000 Historic Data - March 2011 Assets $27.01 million Equity Capital $2.00 million Loan Loss Allowance $375,000 Unbacked Noncurrent Loans $231,000 Real Estate Owned $395,000 Profit Margin - Quarterly Net Interest Margin 4.84% Return on Assets 1.31% Return on Equity 17.76% Interest Income $383,000

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 The Farmers and Merchants State Bank of Argonia had $489,000 in non-current loans and owned real-estate with $2.53 million in equity and loan loss allowances on hand to cover it. This gives The Farmers and Merchants State Bank of Argonia a Texas Ratio of 19.34% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Farmers and Merchants State Bank of Argonia decreased slightly from 26.34% as of March 31, 2011 to 19.34% as of March 31, 2012, resulting in a positive change of 26.55%.This indicates that the balance sheet and financial strength for The Farmers and Merchants State Bank of Argonia has improved slightly in recent periods. Deposit Growth In the past year, The Farmers and Merchants State Bank of Argonia has increased its total deposits by $3.51 million, resulting in 14.08% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Farmers and Merchants State Bank of Argonia has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Farmers and Merchants State Bank of Argonia has $30.74 million in assets with $2.53 million in equity, resulting in a capitalization level of 8.22%, which is average.

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