Farmers and Merchants Bank
Lafayette, AL
IDRSSD: 446130
Total Assets
$304.56M
Latest filing
Total Deposits
$275.57M
Latest filing
Net Interest Margin
3.23%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Farmers and Merchants Bank
2 1st St Ne
Lafayette, AL 36862
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/30/1934FDIC Certificate 8683
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Farmers and Merchants Bank (Main) | 2 1st St Ne | Lafayette, AL |
| CUSSETA ROADS BRANCH | 2838 S Phillips Rd | Lanett, AL |
| DADEVILLE BRANCH | 216 S Broadnax St | Dadeville, AL |
Showing 2 of 2
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 Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/30/1934 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 36862 |
| State and County Number | 01017 |
| Subchapter S Corporations | No |
| Trust Powers | Limited Trust Powers Granted |
| Federal Reserve ID Number | 06 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | LaGrange, GA-AL |
Operational Info
| Number of Employees | 36 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 02/13/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fmlafayette.com |
| Data Updated | 01/30/2026 |
| CERT | 13887 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $304.56M |
| Total Deposits | $275.57M |
| Total Liabilities | $283.75M |
| Total Equity Capital | $20.81M |
| Net Income | $786.00k |
| Net Loans and Leases | $120.61M |
| Assets Per Employee ($Millions) | $8.01M |
| Bank Premises and Fixed Assets | $2.13M |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $275.57M |
Key Performance Ratios
| Return on Assets (ROA) | 1.04% |
| Return on Equity (ROE) | 15.34% |
| Net Interest Margin | 3.23% |
| Efficiency Ratio | 57.54% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.11% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 6.833% |
| Earning Assets to total Assets | 94.52% |
Income and Expense
| Total Interest Income | $3.65M |
| Total Noninterest Income | $255.00k |
| Total Interest Expense | $1.36M |
| Total Noninterest Expense | $1.47M |
| Net Interest Income | $2.29M |
| Pre-tax Net Operating Income | $1.00M |
| Provision for Credit Losses | $80.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $6.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $22.84M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.17M |
| Total Liabilities and Capital | $304.56M |
Securities
| Securities | $136.95M |
| Available-for-sale debt securities | $136.95M |
| Equity securities with readily determinable fair values not held for trading | — |
| 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?
$304.56M as of the latest filing.
How much are Farmers and Merchants Bank's total deposits?
$275.57M in total deposits.
Where is Farmers and Merchants Bank located?
Lafayette, AL.
What is the Net Interest Margin?
3.23%.
How many domestic offices does it operate?
3.
When was it established?
01/30/1934.
What is the Return on Assets (ROA)?
1.04%.
How much are total loans and leases?
$120.61M (latest filing).
What is the total interest income (latest filing)?
$3.65M.