FARMERS AND MERCHANTS BANK

GRANITE QUARRY, NC | Medium | Est. Jan. 1, 1909, midnight | FDIC #2036 | RSSD #348720 | FDIC
Latest Report: 2025-12-31

FARMERS AND MERCHANTS BANK is amn medium FDIC-insured commercial bank headquartered in GRANITE QUARRY, NC, established in Jan. 1, 1909, midnight. As of 2025-12-31, the bank reported total assets of $966M and total deposits of $814M. Profitability stands at 2.22% ROA and 14.93% ROE, with a net interest margin of 5.25%. The bank's CET1 capital ratio is 24.57%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.61% and a Texas Ratio of 2.90%. FDIC Certificate #2036.

Assets

$966M

Deposits

$814M

Loans

$531M

Equity

$144M

Profitability

Return on Assets (ROA) 2.22%
Return on Equity (ROE) 14.93%
Net Interest Margin (NIM) 5.25%
Yield on Assets 6.03%
Cost of Funds 0.85%

Asset Quality

NPL Ratio 0.61%
Net Charge-Off Ratio 0.01%
Texas Ratio 2.90%
NPA Ratio 0.46%
ACL / Loans 1.95%

Capital & Liquidity

CET1 Ratio 24.57%
Tier 1 Capital 24.57%
Total Capital Ratio 25.83%
Leverage Ratio 14.89%
Loan-to-Deposit 65.20%

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