PackageTrendsPeer
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Farmers and Merchants State Bank of Argonia, The

Argonia, KS · Cert 17719

FDIC · 2 branches

Q3 2017

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2017, the quarter ended September 30, 2017, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Farmers and Merchants State Bank of Argonia, The

Argonia, KS · Cert 17719

FDIC · 2 branches

Q3 2017

$33.0MAssets
$23.0MLoans
$27.5MDeposits
$-361KEquity
Loan mix
83%RE $12.9M12%C&I $1.9M5%Consumer $0.8MQ3 2016Q3 2017
Deposit mix
81%Interest-bearing $22.1M19%Noninterest $5.3MQ3 2016Q3 2017

NIM

5.27%Q3 ’155.41%Q3 ’164.41%Q3 ’17+2%-24%

Non-interest income vs. expense

4.28%Q3 ’154.72%Q3 ’165.63%Q3 ’17+6%+29%

Market Position · Wichita, KS · 2017 SOD (annual) · 0.2% share · #46 of 55 inst. · $0.0B of $15.3B

4.9% Sumner
0.0% Sedgwick

Executive Summary

  • Earnings: ROA of -10.49%, down 1,114 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 11.54% of loans (+1,154 bps YoY), with net charge-offs at 10.45%.
  • Capital: tier 1 leverage ratio of -1.27%, down 962 bps from a year ago.
  • Funding: loans stand at 83.82% of deposits as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

-10.49%-1,114 bps YoY

Net Interest Margin (YTD, annualized)

3.60%-115 bps YoY

Efficiency Ratio (YTD, annualized)

138.95%+5,246 bps YoY

Tier 1 Leverage Ratio

-1.27%-962 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets0.65%-1.06%-2.16%-7.92%-10.49%-1,114 bps
Return on Equity8.17%-13.86%-34.29%-152.33%-283%-29,097 bps
Net Interest Margin4.76%4.21%3.72%3.64%3.60%-115 bps
Efficiency Ratio86.49%99.31%126.03%134.85%138.95%+5,246 bps
Non-Interest Burden4.02%4.18%4.77%5.06%5.17%+115 bps
Growth
Asset Growth (YoY)-2.40%-4.91%-0.62%-5.93%-5.19%-280 bps
Loan Growth (YoY)1.28%-1.19%-0.49%-8.59%-22.73%-2,401 bps
Deposit Growth (YoY)-6.30%-6.98%-7.57%-5.40%-9.93%-363 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%12.65%12.72%11.54%+1,154 bps
Net Charge-Offs / Loans0.26%0.23%1.11%7.47%10.45%+1,020 bps
Allowance / Loans2.05%3.88%3.96%3.41%6.05%+400 bps
Allowance Coverage of NPLsn/an/a0.3x0.3x0.5xn/a
Capital
Tier 1 Leverage Ratio8.35%6.67%6.09%2.77%-1.27%-962 bps
Total Risk-Based Capital12.49%10.35%9.63%5.47%-0.95%-1,344 bps
Equity / Assets8.52%6.61%5.99%2.88%-1.09%-961 bps
Liquidity & Funding
Loans / Deposits97.71%103.54%100.04%95.27%83.82%-1,388 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.13%+13 bps
CRE / Total Capitaln/an/an/an/an/an/an/a