Merchants & Farmers Bank of Greene County, Alabama


Merchants & Farmers Bank of Greene County, Alabama is an FDIC insured institution headquartered at 302 Prairie Ave, Eutaw, AL 35462.
It was founded in 1900 and has approximately $0 billion in assets. Customers can open an account at one of its 2 branches.

Deposit Rates - July 31, 2025

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 855
Date Established 1900
Assets $ 123.25 million
Loans $ 71.33 million
Deposits $ 110.00 million
Capital $ 12.50 million

Summary Balance Sheet as of March 31, 2025

ASSETS
Cash & Balances due from depository institutions $ 4.64 million
Interest-bearing balances $ 1.96 million
Total securities $ 31.60 million
Federal funds sold and reverse repurchase $ 11.97 million
Net loans and leases $ 71.33 million
Loan loss allowance $ 1.07 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 $ 2.82 million
     Total Assets $ 110.74 million

LIABILITIES
Total deposits $ 110.00 million
      Interest-bearing deposits $ 77.61 million
      Deposits held in domestic offices $ 110.00 million
      % insured (estimated)" 65.16%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.35 millionn
      Total Liabilities $ 110.74 million
      Shareholders’ Equity $ 12.50 million

Summary Income Statement as of March 31, 2025

INCOME AND EXPENSES
Total Interest Income $ 1.61 million
Total Interest Expense $ 0.55 million
Net interest income $ 1.06 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.14 million
Total non interest expense $ 0.83 million
Pre-tax Net Operating Income $ 0.29 million

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Merchants & Farmers Bank of Greene County, Alabama Locations