Farmers & Merchants Bank


Farmers & Merchants Bank ACH Number: 042213389

Farmers & Merchants Bank is an FDIC insured institution headquartered at 41 S 1st St, Miamisburg, OH 45342.
It was founded in 1923 and has approximately $0 billion in assets. Customers can open an account at one of its 4 branches.

Deposit Rates - April 29, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9462
Date Established 1923
Assets $ 291.52 million
Loans $ 220.18 million
Deposits $ 247.87 million
Capital $ 25.56 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 3.07 million
Interest-bearing balances $ 0.20 million
Total securities $ 55.77 million
Federal funds sold and reverse repurchase $ 0.64 million
Net loans and leases $ 220.18 million
Loan loss allowance $ 3.39 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 $ 6.73 million
     Total Assets $ 265.97 million

LIABILITIES
Total deposits $ 247.87 million
      Interest-bearing deposits $ 175.73 million
      Deposits held in domestic offices $ 247.87 million
      % insured (estimated) 78.20%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 12.00 million
Subordinated debt N.A.
All other liabilities $ 0.85 millionn
      Total Liabilities $ 265.97 million
      Shareholders’ Equity $ 25.56 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 14.29 million
Total Interest Expense $ 3.07 million
Net interest income $ 11.22 million
Provision for loan and lease losses $ 0.38 million
Total non interest income $ 1.17 million
Total non interest expense $ 6.77 million
Pre-tax Net Operating Income $ 1.81 million


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Branches

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Farmers & Merchants Bank Locations