The Farmers & Merchants Bank

Waterloo, AL
IDRSSD: 291732
Total Assets
$98.76M
Latest filing
Total Deposits
$87.04M
Latest filing
Net Interest Margin
1.44%
Profitability

Locations

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Main Office
The Farmers & Merchants Bank
320 Main St
Waterloo, AL 35677
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/01/1914FDIC Certificate 1157

Branches (1)

Page 1 of 1
NameAddressCity / State
The Farmers & Merchants Bank (Main)320 Main StWaterloo, AL
FLORENCE BRANCH11345 State Highway 20Florence, AL
Showing 1 of 1

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 non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date07/01/1914
Community BankYes
Ownership TypeNot Mutual
ZIP35677
State and County Number01077
Subchapter S CorporationsNo
Trust PowersN/A
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 NameFlorence-Muscle Shoals, AL

Operational Info

Number of Employees8
Domestic Offices2
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.fmbal.com
Data Updated11/14/2025
CERT1745
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$98.76M
Total Deposits$87.04M
Total Liabilities$87.52M
Total Equity Capital$11.24M
Net Income$113.00k
Net Loans and Leases$5.56M
Assets Per Employee ($Millions)$12.34M
Bank Premises and Fixed Assets$134.00k
Cash and Balances due from Depository Institutions$3.12M
Deposits Held in Domestic Offices$87.04M

Key Performance Ratios

Return on Assets (ROA)0.46%
Return on Equity (ROE)4.25%
Net Interest Margin1.44%
Efficiency Ratio64.54%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.379%
Earning Assets to total Assets95.94%

Income and Expense

Total Interest Income$835.00k
Total Noninterest Income$28.00k
Total Interest Expense$502.00k
Total Noninterest Expense$233.00k
Net Interest Income$333.00k
Pre-tax Net Operating Income$128.00k
Provision for Credit Losses$0
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$0
Federal Funds Sold & Reverse Repurchase Agreement$5.97M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$483.00k
Total Liabilities and Capital$98.76M

Securities

Securities$81.22M
Available-for-sale debt securities$80.60M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$612.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The Farmers & Merchants Bank?
$98.76M as of the latest filing.
How much are The Farmers & Merchants Bank's total deposits?
$87.04M in total deposits.
Where is The Farmers & Merchants Bank located?
Waterloo, AL.
What is the Net Interest Margin?
1.44%.
How many domestic offices does it operate?
2.
When was it established?
07/01/1914.
What is the Return on Assets (ROA)?
0.46%.
How much are total loans and leases?
$5.56M (latest filing).
What is the total interest income (latest filing)?
$835.00k.