Farmers And Merchants Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1908.
With assets of $23.34 Million, it operates 1 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: April 1, 2024
Satisfactory
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
April 1, 2024
Satisfactory
September 1, 2018
Satisfactory
September 1, 2012
Satisfactory
October 1, 2007
Satisfactory
October 1, 2002
Satisfactory
January 1, 1998
Satisfactory
January 1, 1995
Satisfactory
February 1, 1993
Satisfactory
March 1, 1991
Satisfactory
💰 Financial Strength
Total Assets$23.34 Million
Total Deposits$21.40 Million
Equity Capital$1.92 Million
Net Income$627,000
📈 Performance
ROA3.47%
ROE45.30%
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.