Farmers And Merchants Bank
FDIC #13887
📍 Lafayette, Alabama
Farmers And Merchants Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/30/1934. With assets of $264.06 Million, it operates 3 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: November 1, 2021
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
November 1, 2021
Satisfactory
January 1, 2016
Satisfactory
February 1, 2010
Satisfactory
💰 Financial Strength
Total Assets$264.06 Million
Total Deposits$247.67 Million
Equity Capital$8.35 Million
Net Income$2.06 Million
📈 Performance
ROA1.04%
ROE25.04%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/30/1934
FDIC Cert13887
Holding CoFarmers&merchants Bancshares
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2022
Relocation
Moved HQ to: 2 1st St Ne, Lafayette, AL 36862.
1986
Relocation
Moved HQ to: Court House Square, Lafayette, AL 36862.