Farmers & Merchants Bank


Farmers & Merchants Bank is an FDIC insured institution headquartered at 101 East Second Street, Duke, OK 73532.
It was founded in 1910 and has approximately $0 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - May 4, 2024

SAVINGS RATES APY MIN
Savings
0.25% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.50% $10,000 Compare
6 Mo CD
0.60% $100,000 Compare
12 Mo CD
0.60% $10,000 Compare
12 Mo CD
0.70% $100,000 Compare
18 Mo CD
0.70% $10,000 Compare
18 Mo CD
0.80% $100,000 Compare
24 Mo CD
0.85% $10,000 Compare
24 Mo CD
0.95% $100,000 Compare
36 Mo CD
0.90% $10,000 Compare
36 Mo CD
0.99% $100,000 Compare
48 Mo CD
0.93% $10,000 Compare
48 Mo CD
1.03% $100,000 Compare
60 Mo CD
0.97% $10,000 Compare
60 Mo CD
1.07% $100,000 Compare

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 12284
Date Established 1910
Assets $ 17.43 million
Loans $ 6.25 million
Deposits $ 15.17 million
Capital $ 2.19 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 4.66 million
Interest-bearing balances $ 3.20 million
Total securities $ 4.86 million
Federal funds sold and reverse repurchase $ 1.25 million
Net loans and leases $ 6.25 million
Loan loss allowance $ 0.10 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.36 million
     Total Assets $ 15.24 million

LIABILITIES
Total deposits $ 15.17 million
      Interest-bearing deposits $ 8.97 million
      Deposits held in domestic offices $ 15.17 million
      % insured (estimated) 90.36%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.01 millionn
      Total Liabilities $ 15.24 million
      Shareholders’ Equity $ 2.19 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 0.92 million
Total Interest Expense $ 0.23 million
Net interest income $ 0.69 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.05 million
Total non interest expense $ 0.57 million
Pre-tax Net Operating Income $ 0.04 million

Customer Reviews for Farmers & Merchants Bank

There are currently no comments for Farmers & Merchants Bank. Be the first to share your experience. Please provide comments that will help others.


Add Your Review


Rate it here →



Branches

Click on location and enter new zip number to change.
Your current location is: Columbus, OH

Farmers & Merchants Bank Locations