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 Farmers & Merchants Bank
Farmers & Merchants Bank
| RSSD ID 348720 | CERTIFICATE 2036 | ABA NUMBER 53103640 |
| 138 N Salisbury Gq Ave |
Quarter Ended : |
2025-03-31 |
| Granite Quarry, North Carolina, 28146 |
Updated : |
2025-04-22 |
| www.fmbnc.com |
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| Institution Profile |
| Year Opened : |
1909 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
12 |
Number of Employees : |
130 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 925,783 |
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Total Interest Income | 12,459 |
| Total Liabilities | 794,969 |
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Total NonInterest Income | 2,162 |
| Total Bank Equity Capital | 130,814 |
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Total Interest Expense | 1,422 |
| Total Deposits | 782,833 |
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Total NonInterest Expense | 6,991 |
| Net Loans & Leases | 513,869 |
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Net Income | 4,973 |
| Loan Loss Allowance | 10,506 |
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Net Charge Offs | (125) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 138,551 |
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Total loans | 525,931 |
| Total assets for the leverage ratio | 902,893 |
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Loans secured by real estate: | 507,868 |
| Tier 1 Leverage Ratio | 14.56 |
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Commercial and industrial loans | 15,279 |
| Tier 1 Capital Ratio | 23.47 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 24.73 |
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Loans to individuals - Other | 2,344 |
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:· Farmers & Merchants Bank
