Farmers and Merchants Bank (Upperco, MD)
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 Upperco, MD, established in 1919 (FDIC certificate 1895), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $874.5M, up 3.9% from Q2 2025, the 11th largest of 27 banks headquartered in Maryland. Its CET1 capital ratio was 12.09% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 1895
- Headquarters
- Upperco, MD
- Established
- 1919
- Total assets, Q2 2026
- $874.5M
- Assets vs Q2 2025
- +3.9%
- CET1 ratio, Q2 2026
- 12.09%
- Domestic offices
- 9 FDIC institution directory, current count
- Routing number
- 055002723
- Latest call report
- Q2 2026, FFIEC 051 · Farmers and Merchants Bank call report
- Holding company
- FARMERS AND MERCHANTS BANCSHARES, INC.
- Asset rank in state
- 11th of 27 in Maryland
Farmers and Merchants Bank leans heavily on commercial real estate. Its balance sheet stood at $874 million at June 30, 2026, up 3.9% from a year earlier; it is based in Upperco, Maryland. It holds commercial real estate loans worth 3.8 times its capital, about triple the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. It also lost 3.3% of its deposits over the year, lower than about 9 in 10 banks its size (median 4.0%).
Earnings jumped: net income for the quarter was $2.1 million, 65% above the same quarter a year earlier. Over the same year, loans grew 3.5% and deposits shrank 3.3%. Where it has less room is capital: it holds common equity equal to 12.09% of its risk-weighted assets, lower than about three-quarters of banks its size (median 15.12%).
As of June 30, 2026, Farmers and Merchants Bank reported a CET1 capital ratio of 12.09%, a return on assets of 1.00%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 2.17%. The figures come from its call report filed with the FFIEC.
Of the 27 banks headquartered in Maryland, Farmers and Merchants Bank is the 11th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 1.3% to $874.5M, loans rose 1.4% and deposits rose 1.9%. Non-owner-occupied commercial real estate loans made up 43.8% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 24.9%. Its 9 offices in the FDIC Summary of Deposits are in 7 cities in MD; its Upperco office books 22% of its branch deposits. On its Q2 2026 call report, Farmers and Merchants Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 15226 Hanover Pike, Upperco, MD 21155
- County
- Baltimore
- Metro Area
- Baltimore-Columbia-Towson, MD
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1919
- Domestic offices
- 9 FDIC institution directory, current count
- Employees (FTE)
- 97
- Domestic deposits
- $725.7M
- Allowance for credit losses
- $4.5M
- Net charge-offs (YTD)
- -$60K
- Average total assets
- $862.7M
- Average total loans
- $638.3M
- Average interest-bearing deposits
- $590.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1895
- Fed RSSD
- 891226
- SEC CIK
- 1698022 → filed by FARMERS AND MERCHANTS BANCSHARES, INC.
- Website
- www.fmb1919.bank →
- Parent Holding Company
- FARMERS AND MERCHANTS BANCSHARES, INC. (RSSD 5041521) · FMFG
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Gary A Harris | CEO | President & CEO |
| Paul B. Susie | CFO | Chief Financial Officer |
| Mark C. Krebs | TREAS | Treasurer & CFO |
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
Farmers and Merchants Bank's total assets moved between a low of $757.0M (Q3 2023) and a high of $874.5M (Q2 2026) from Q3 2023 to Q2 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
$874.5M total assets against $841.7M; $795.0M total liabilities against $772.4M.
$637.2M net loans and leases against $616.1M; $725.7M total deposits against $750.2M.
$130.6M securities against $143.4M; $56.9M cash and balances due against $33.0M.
$11.0M total interest income against $10.3M; $4.0M total interest expense against $4.2M.
$7.0M net interest income against $6.1M.
$529K total noninterest income against $470K; $4.7M total noninterest expense against $4.7M.
$0 provision for credit losses against $238K.
$2.1M net income against $1.3M.
1.00% return on assets against 0.63%; 3.40% net interest margin against 3.09%.
12.09% CET1 capital ratio against 11.23%; 9.98% tier 1 leverage ratio against 9.43%.
Inside the full Farmers and Merchants Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Farmers and Merchants Bank rankings
Its closest position to the top of a national ranking is 1,157 of 4,196, for total assets; its furthest is 1,676 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.48% (Q4 2024) to 1.00% (Q2 2026) and its net interest margin ran from 2.68% (Q3 2024) to 3.40% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.09% | 1.00% | 0.00% | 2.17% | 3.40% |
| Q1 2026 | 11.98% | 0.95% | 0.01% | 2.34% | 3.39% |
| Q4 2025 | 11.65% | 0.89% | 0.00% | 2.29% | 3.26% |
| Q3 2025 | 11.25% | 0.87% | 0.20% | 5.81% | 3.15% |
| Q2 2025 | 11.23% | 0.63% | 0.09% | 5.02% | 3.09% |
| Q1 2025 | 11.54% | 0.60% | 0.43% | 5.74% | 2.85% |
| Q4 2024 | 11.67% | 0.48% | 0.07% | 2.46% | 2.79% |
| Q3 2024 | 11.81% | 0.61% | 0.07% | 2.41% | 2.68% |
Swipe the table sideways to see every column.
Branch Network
View all 9 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) | Upperco , MD | 21155 | $163.2M |
| Eldersburg Branch | Sykesville , MD | 21784 | $124.6M |
| Westminster Branch | Westminster , MD | 21157 | $121.0M |
| Hampstead Branch | Hampstead , MD | 21074 | $88.2M |
| Reisterstown Branch | Reisterstown , MD | 21136 | $74.9M |
| Owings Mills Branch | Owings Mills , MD | 21117 | $66.5M |
| Towson Commercial Banking Office Branch | Towson , MD | 21204 | $44.5M |
| Greenmount Branch | Hampstead , MD | 21074 | $32.5M |
| Carroll Lutheran Village Branch | Westminster , MD | 21158 | $10.4M |
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 |
|---|---|---|---|
| October 1, 2020 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2020 | Structure Change | Acquired Carroll Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (SEC Form 8-K)
- July 19, 2023, SEC Form 8-K: 8-K Item 5.02: written agreement
- Period: Most recent institution action July 19, 2023. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.4% of deposits in MD, rank 25 of 69 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 59 applications, 46 loans originated, $27.2M originated, across 3 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 2 loans, $1.5M approved, $755K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- 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 $874.5 million in its FFIEC call report.
Where is Farmers and Merchants Bank headquartered?
It is headquartered in Upperco, MD, United States.
When was Farmers and Merchants Bank founded?
It was established in 1919, per the FDIC institution directory.
Is Farmers and Merchants Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1895). 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 FDIC.
What is Farmers and Merchants Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.09% in its Q2 2026 call report, above regulatory requirements.
How many branches does Farmers and Merchants Bank operate?
It operates 9 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 2.17% 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