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The Farmers and Merchants State Bank of Argonia
Argonia, KS
This bank failed on Oct. 13, 2017. It was acquired by CONWAY BANK, Conway Springs, KS on Oct. 13, 2017. See all failed banks →
Latest Health Report
Latest Update: Sept. 30, 2017
- Assets
- $33,012,000
- Deposits
- $27,466,000
- Loans
- $21,630,000
- Loan Loss Provision
- $ 1,999,000
- Profit
- $-2,743,000
- Capital
- $-436,000
- Reserves
- $1,393,000
- Past Due 90 Days
- $ 19,000
- Nonaccrual
- $2,306,000
- Other Real Estate Owned
- $360,000
- Capital Plus Reserves
- $ 957,000
- Total Troubled Assets
- $ 2,685,000
- Troubled Asset Ratio
- 280.56
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 2016 | $36,357,000 | $29,875,000 | $30,235,000 | $119,000 | $ 3,599,000 | $ 1,305,000 | 36.26 |
| 2015 | $37,842,000 | $32,118,000 | $30,840,000 | $200,000 | $ 3,379,000 | $ 574,000 | 16.99 |
| 2014 | $36,885,000 | $31,987,000 | $29,397,000 | $217,000 | $ 3,197,000 | $ 56,000 | 1.75 |
| 2013 | $35,005,000 | $30,614,000 | $26,458,000 | $537,000 | $ 2,872,000 | $ 106,000 | 3.69 |
| 2012 | $34,392,000 | $30,091,000 | $25,664,000 | $305,000 | $ 2,650,000 | $ 41,000 | 1.55 |