The Farmers Bank Of Willards
FDIC #5885
📍 Willards, Maryland
The Farmers Bank Of Willards is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/03/1925. With assets of $548.19 Million, it operates 8 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: October 1, 2023
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
October 1, 2023
Satisfactory
October 1, 2020
Satisfactory
August 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$548.19 Million
Total Deposits$449.40 Million
Equity Capital$50.77 Million
Net Income$3.91 Million
📈 Performance
ROA0.97%
ROE10.62%
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
Established01/03/1925
FDIC Cert5885
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 4:00 PM
Tuesday9:00 AM - 4:00 PM
Wednesday9:00 AM - 4:00 PM
Thursday9:00 AM - 4:00 PM
Friday9:00 AM - 4:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2006
Relocation
Moved HQ to: 7484 Market Street, Willards, MD 21874.
2002
Relocation
Moved HQ to: Main Street, Willards, MD 21874.