BanksFARMERS AND MERCHANTS BANK

FARMERS AND MERCHANTS BANK

GRANITE QUARRY, NCMediumEst. Jan. 1, 1909, midnightFDIC #2036RSSD #348720FDIC
Latest · 2025-12-31

FARMERS AND MERCHANTS BANK is an 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%. CET1 capital ratio: 24.57%, well above regulatory minimums. NPL ratio: 0.61% · Texas Ratio: 2.90%. Operates 12 domestic branches.

Assets
$966M
Deposits
$814M
Loans
$531M
Equity
$144M

Profitability

Return on Assets (ROA)2.22%
Return on Equity (ROE)14.93%
Net Interest Margin5.25%
Yield on Assets6.03%
Cost of Funds0.85%

Asset Quality

NPL Ratio0.61%
Net Charge-Off Ratio0.01%
Texas Ratio2.90%
NPA Ratio0.46%
ACL / Loans1.95%

Capital & Liquidity

CET1 Ratio24.57%
Tier 1 Capital24.57%
Total Capital Ratio25.83%
Leverage Ratio14.89%
Loan-to-Deposit65.20%

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