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Farmers and Merchants Bank

Lafayette, AL
IDRSSD: 446130
Total Assets
$297.22M
Latest filing
Total Deposits
$268.60M
Latest filing
Net Interest Margin
3.20%
Profitability
0

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

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Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/30/1934
Community BankYes
Ownership TypeNot Mutual
ZIP36862
State and County Number01017
Subchapter S CorporationsNo
Trust PowersLimited Trust Powers Granted
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameLaGrange, GA-AL

Operational Info

Number of Employees37
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance02/13/1934
Primary Insurance AgencyDIF
Websitewww.fmlafayette.com
Data Updated11/14/2025
CERT13887
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$297.22M
Total Deposits$268.60M
Total Liabilities$277.03M
Total Equity Capital$20.19M
Net Income$769.00k
Net Loans and Leases$123.35M
Assets Per Employee ($Millions)$8.26M
Bank Premises and Fixed Assets$2.17M
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$268.60M

Key Performance Ratios

Return on Assets (ROA)1.05%
Return on Equity (ROE)16.39%
Net Interest Margin3.2%
Efficiency Ratio57.99%
Tier 1 Risk-Based Capital Ratio17.408%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.12%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets6.792%
Earning Assets to total Assets94.34%

Income and Expense

Total Interest Income$3.60M
Total Noninterest Income$258.00k
Total Interest Expense$1.40M
Total Noninterest Expense$1.43M
Net Interest Income$2.21M
Pre-tax Net Operating Income$946.00k
Provision for Credit Losses$90.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$6.00M
Federal Funds Sold & Reverse Repurchase Agreement$19.93M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.43M
Total Liabilities and Capital$297.22M

Securities

Securities$132.65M
Available-for-sale debt securities$132.65M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Farmers and Merchants Bank?
$297.22M as of the latest filing.
How much are Farmers and Merchants Bank's total deposits?
$268.60M in total deposits.
Where is Farmers and Merchants Bank located?
Lafayette, AL.
What is the Net Interest Margin?
3.20%.
How many domestic offices does it operate?
3.
When was it established?
01/30/1934.
What is the Return on Assets (ROA)?
1.05%.
How much are total loans and leases?
$123.35M (latest filing).
What is the total interest income (latest filing)?
$3.60M.