Farmers and Merchants Bank (Baldwyn, MS)
BankRegReports is independent of Farmers and Merchants Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Farmers and Merchants Bank is an FDIC-insured commercial bank headquartered in Baldwyn, MS, established in 1941 (FDIC certificate 15801), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $565.8M, up 7.1% from Q2 2025, the 23rd largest of 57 banks headquartered in Mississippi. It reports no CET1 ratio; its Tier 1 leverage ratio was 14.19% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 15801
- Headquarters
- Baldwyn, MS
- Established
- 1941
- Total assets, Q2 2026
- $565.8M
- Assets vs Q2 2025
- +7.1%
- Tier 1 leverage ratio, Q2 2026
- 14.19%
- Domestic offices
- 12 FDIC institution directory, current count
- Routing number
- 084205737
- Latest call report
- Q2 2026, FFIEC 051 · Farmers and Merchants Bank Q3 2026 call report, filed October 23, 2026 (preliminary)
- Holding company
- FMB BANCSHARES, INC.
- Asset rank in state
- 23rd of 57 in Mississippi
Problem loans are rising at Farmers and Merchants Bank. Based in Baldwyn, Mississippi, it had $566 million in assets at June 30, 2026, up 7.1% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.69% of loans from 1.26% a year earlier. It keeps 4.79 cents of net interest income on every dollar of earning assets, higher than about three-quarters of the 2,627 banks with $100 million to $1 billion in assets (median 3.96 cents). It also funds 14.19% of its assets with Tier 1 capital, higher than about three-quarters of banks its size (median 10.99%).
The non-owner-occupied commercial real estate book ($48 million) is worsening: 5.65% of it is past due or on nonaccrual, up from 1.21% a year earlier. Net income for the quarter slipped 13% from a year earlier, to $2.5 million.
As of June 30, 2026, Farmers and Merchants Bank reported a return on assets of 1.74%, a nonperforming-loan ratio of 1.69% and a Texas ratio of 7.28%. The figures come from its call report filed with the FFIEC.
Of the 57 banks headquartered in Mississippi, Farmers and Merchants Bank is the 23rd largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 0.2% to $565.8M, loans rose 3.2% and deposits fell 1.1%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 36.1% of total loans, ahead of construction and land development loans at 15.4%. The FDIC Summary of Deposits lists 11 offices for it, in 8 cities in MS; its Baldwyn office books 28% of its branch deposits. By the capital ratios in its Q2 2026 call report, Farmers and Merchants Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 111 W Clayton St, Baldwyn, MS 38824
- County
- Prentiss
- Metro Area
- Tupelo, MS
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 8, St. Louis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- March 10, 1941
- Domestic offices
- 12 FDIC institution directory, current count
- Employees (FTE)
- 126
- Domestic deposits
- $481.2M
- Allowance for credit losses
- $7.7M
- Net charge-offs (YTD)
- $302K
- Average total assets
- $574.1M
- Average total loans
- $352.2M
- Average interest-bearing deposits
- $359.0M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- March 10, 1941
- FDIC Cert
- 15801
- Fed RSSD
- 205243
- Website
- www.fmbms.com →
- Parent Holding Company
- FMB BANCSHARES, INC. (RSSD 5725821)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Farmers and Merchants Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Farmers and Merchants Bank's total assets ran between $499.9M (Q4 2023) and $567.1M (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$565.8M total assets against $528.1M; $489.7M total liabilities against $459.6M.
$345.5M net loans and leases against $319.7M; $481.2M total deposits against $451.7M.
$135.0M securities against $144.4M; $48.1M cash and balances due against $26.9M.
$8.6M total interest income against $8.3M; $2.3M total interest expense against $2.4M.
$6.3M net interest income against $5.9M.
$1.6M total noninterest income against $2.2M; $4.5M total noninterest expense against $4.3M.
$100K provision for credit losses against $0.
$2.5M net income against $2.9M.
1.74% return on assets against 2.03%; 4.79% net interest margin against 4.62%.
14.19% tier 1 leverage ratio against 13.57%.
Inside the full Farmers and Merchants Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFarmers and Merchants Bank rankings
Its closest position to the top of a national ranking is 831 of 3,611, for ROA; its furthest is 1,623 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.01% (Q4 2025) to 2.15% (Q1 2025) and its net interest margin ran from 4.41% (Q1 2025) to 5.07% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.19% | 1.74% | 1.69% | 7.28% | 4.79% |
| Q1 2026 | 14.07% | 1.72% | 1.52% | 6.61% | 4.73% |
| Q4 2025 | 14.38% | 0.01% | 1.58% | 6.96% | 5.07% |
| Q3 2025 | 14.69% | 2.02% | 0.98% | 4.20% | 4.75% |
| Q2 2025 | 13.57% | 2.03% | 1.26% | 5.74% | 4.62% |
| Q1 2025 | 13.06% | 2.15% | 1.31% | 8.97% | 4.41% |
| Q4 2024 | 13.07% | 0.47% | 1.98% | 9.33% | 4.57% |
| Q3 2024 | 13.31% | 1.68% | 1.85% | 8.21% | 4.50% |
Swipe the table sideways to see every column.
Branch Network
View all 11 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Farmers and Merchants Bank (main office) | Baldwyn , MS | 38824 | $135.3M |
| Fulton Branch | Fulton , MS | 38843 | $68.9M |
| Booneville North Branch | Booneville , MS | 38829 | $66.1M |
| Corinth Branch | Corinth , MS | 38834 | $44.0M |
| Mantachie Branch | Mantachie , MS | 38855 | $41.2M |
| Booneville Branch | Booneville , MS | 38829 | $36.2M |
| Mooreville Branch | Mooreville , MS | 38857 | $26.9M |
| Marietta Branch | Marietta , MS | 38856 | $24.0M |
| Tupelo West | Tupelo , MS | 38801 | $16.5M |
| Harper Road Branch | Corinth , MS | 38834 | $12.3M |
| Farmington Branch | Corinth , MS | 38834 | $9.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| April 16, 1994 | Structure Change | Acquired Security Federal Savings and Loan Association Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 1 event.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.6% of deposits in MS, rank 27 of 80 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $25K approved, $25K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1997 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Farmers and Merchants Bank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Farmers and Merchants Bank
What are Farmers and Merchants Bank's total assets?
As of the Q2 2026 filing, Farmers and Merchants Bank reported total assets of $565.8 million in its FFIEC call report.
Where is Farmers and Merchants Bank headquartered?
It is headquartered in Baldwyn, MS, United States.
When was Farmers and Merchants Bank founded?
It was established in 1941, per the FDIC institution directory.
Is Farmers and Merchants Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #15801). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Farmers and Merchants Bank?
Farmers and Merchants Bank's primary federal regulator is the Federal Reserve.
How many branches does Farmers and Merchants Bank operate?
It operates 12 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Farmers and Merchants Bank's Texas Ratio?
Its Texas Ratio is 7.28% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
Go deeper on Farmers and Merchants Bank.
Get an email when Farmers and Merchants Bank files its next call report, and benchmark it against any peer you choose.
Unlock Farmers and Merchants Bank, freeFree account