Farmers & Merchants Bank
FDIC #8668
📍 Timberville, Virginia
Farmers & Merchants Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 01/01/1908. With assets of $1.28 Billion, it operates 15 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: April 4, 2022
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 4, 2022
Satisfactory
October 22, 2018
Satisfactory
July 20, 2015
Satisfactory
💰 Financial Strength
Total Assets$1.28 Billion
Total Deposits$1.14 Billion
Equity Capital$68.22 Million
Net Income$2.62 Million
📈 Performance
ROA0.28%
ROE4.95%
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
Established01/01/1908
FDIC Cert8668
Holding CoF&m Bank Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 6:30 PM
Tuesday8:30 AM - 6:30 PM
Wednesday8:30 AM - 6:30 PM
Thursday8:30 AM - 6:30 PM
Friday8:30 AM - 6:30 PM
Saturday10:00 AM - 2:00 PM
SundayClosed
📜 Institutional History
2021
Relocation
Moved HQ to: 165 New Market, Timberville, VA 22853.
2018
Relocation
Moved HQ to: 205 S. Main St., Timberville, VA 22853.
1992
Relocation
Moved HQ to: Main Street, Timberville, VA 22853.
1990
Name Change
Name became: Changed Institution Name To Farmers & Merchants Bank.
1975
Name Change
Name became: Changed Institution Name To Farmers And Merchants Bank Of Rockingham.