Farmers & Merchants Bank

Timberville, VA
IDRSSD: 713926
Total Assets
$1.37B
Latest filing
Total Deposits
$1.25B
Latest filing
Net Interest Margin
3.54%
Profitability

Key People

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Locations

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Main Office
Farmers & Merchants Bank
165 New Market Rd
Timberville, VA 22853
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1908FDIC Certificate 5526

Branches (14)

Page 1 of 2
NameAddressCity / State
Farmers & Merchants Bank (Main)165 New Market RdTimberville, VA
ELKTON BRANCH127 Rockingham StreetElkton, VA
BROADWAY BRANCH126 N Timber WayBroadway, VA
BRIDGEWATER BRANCH100 Plaza DrBridgewater, VA
WOODSTOCK BRANCH161 S Main StWoodstock, VA
WAYNESBORO BRANCH2701 W Main StWaynesboro, VA
LEGACY BRANCH2030 Legacy LnHarrisonburg, VA
CROSSROADS BRANCH80 Cross Keys RdHarrisonburg, VA
Showing 7 of 14

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1908
Community BankYes
Ownership TypeNot Mutual
ZIP22853
State and County Number51165
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number05
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameHarrisonburg, VA

Operational Info

Number of Employees158
Domestic Offices15
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
WebsiteWWW.FMBANKVA.COM
Data Updated01/30/2026
CERT8668
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.37B
Total Deposits$1.25B
Total Liabilities$1.26B
Total Equity Capital$107.98M
Net Income$3.10M
Net Loans and Leases$881.63M
Assets Per Employee ($Millions)$7.93M
Bank Premises and Fixed Assets$22.46M
Cash and Balances due from Depository Institutions$20.88M
Deposits Held in Domestic Offices$1.25B

Key Performance Ratios

Return on Assets (ROA)0.91%
Return on Equity (ROE)11.77%
Net Interest Margin3.54%
Efficiency Ratio66.65%
Tier 1 Risk-Based Capital Ratio13.112%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.32%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.869%
Earning Assets to total Assets93%

Income and Expense

Total Interest Income$17.59M
Total Noninterest Income$2.40M
Total Interest Expense$6.35M
Total Noninterest Expense$9.09M
Net Interest Income$11.23M
Pre-tax Net Operating Income$3.46M
Provision for Credit Losses$1.08M
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$0
Federal Funds Sold & Reverse Repurchase Agreement$48.53M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$13.59M
Total Liabilities and Capital$1.37B

Securities

Securities$345.34M
Available-for-sale debt securities$345.34M
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 & Merchants Bank?
$1.37B as of the latest filing.
How much are Farmers & Merchants Bank's total deposits?
$1.25B in total deposits.
Where is Farmers & Merchants Bank located?
Timberville, VA.
What is the Net Interest Margin?
3.54%.
How many domestic offices does it operate?
15.
When was it established?
01/01/1908.
What is the Return on Assets (ROA)?
0.91%.
How much are total loans and leases?
$881.63M (latest filing).
What is the total interest income (latest filing)?
$17.59M.