Merchants & Farmers Bank & Trust Company


Merchants & Farmers Bank & Trust Company is an FDIC insured institution headquartered at 501 S 5th St, Leesville, LA 71446.
It was founded in 1928 and has approximately $0 billion in assets. Customers can open an account at one of its 9 branches.

Deposit Rates - May 5, 2024

SAVINGS RATES APY MIN
Savings
0.15% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.53% $10,000 Compare
6 Mo CD
0.55% $100,000 Compare
12 Mo CD
0.70% $10,000 Compare
12 Mo CD
0.75% $100,000 Compare
18 Mo CD
0.81% $10,000 Compare
18 Mo CD
0.85% $100,000 Compare
24 Mo CD
0.86% $10,000 Compare
24 Mo CD
0.90% $100,000 Compare
30 Mo CD
0.86% $10,000 Compare
30 Mo CD
0.90% $100,000 Compare
36 Mo CD
0.95% $10,000 Compare
36 Mo CD
0.99% $100,000 Compare
MM RATES APY MIN
Money Market
0.20% $2,500 Compare
Money Market
0.20% $10,000 Compare
Money Market
0.20% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.10% $1
Int Ckg
0.10% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9319
Date Established 1928
Assets $ 471.50 million
Loans $ 252.82 million
Deposits $ 408.62 million
Capital $ 41.19 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 21.26 million
Interest-bearing balances $ 8.36 million
Total securities $ 165.76 million
Federal funds sold and reverse repurchase $ 0.90 million
Net loans and leases $ 252.82 million
Loan loss allowance $ 2.82 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.51 million
Goodwill and other intangibles $ 7.77 million
All other assets $ 9.42 million
     Total Assets $ 430.31 million

LIABILITIES
Total deposits $ 408.62 million
      Interest-bearing deposits $ 271.28 million
      Deposits held in domestic offices $ 408.62 million
      % insured (estimated) 65.22%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 15.00 million
Subordinated debt N.A.
All other liabilities $ 4.16 millionn
      Total Liabilities $ 430.31 million
      Shareholders’ Equity $ 41.19 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 17.52 million
Total Interest Expense $ 3.31 million
Net interest income $ 14.21 million
Provision for loan and lease losses $ 0.16 million
Total non interest income $ 2.61 million
Total non interest expense $ 13.76 million
Pre-tax Net Operating Income $ 1.70 million

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Branches

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Merchants & Farmers Bank & Trust Company Locations