Bank Safety Analysis
Is The Farmers and Merchants Bank of Craig County Safe? New Castle, Virginia
Based on its Q3 2026 call report, The Farmers and Merchants Bank of Craig County meets the community bank leverage ratio test for well capitalized, its Texas ratio is 0.21%, and its deposits are FDIC insured up to $250,000 per depositor.
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Short answer: is The Farmers and Merchants Bank of Craig County safe?
On its Q3 2026 call report, The Farmers and Merchants Bank of Craig County's Community Bank Leverage Ratio is 17.52%, above the 8% threshold that makes a community bank well capitalized.
- CET1 ratio (Q3 2026): not reported (community bank leverage ratio filer)
- Community Bank Leverage Ratio (Q3 2026): 17.52%
- Texas ratio (Q3 2026): 0.21%
- Noncurrent loans ratio (Q3 2026): 0.00%
The Farmers and Merchants Bank of Craig County is an FDIC-insured commercial bank (FDIC Certificate #9986). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Source: the FFIEC call report The Farmers and Merchants Bank of Craig County (FDIC Certificate #9986) filed for the quarter ended September 30, 2026. BankRegReports computes every ratio on this page from that filing.
Context: largest US bank failures.
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The Farmers and Merchants Bank of Craig County passes all 5 safety dimensions, with capital, asset quality, and stress buffers above the concern bands.
Net interest margin rose 0.22 percentage points from Q2 2026 to Q3 2026, ending at 4.05% against 3.83%. It was the largest change among the key lines on this page. Within Virginia, The Farmers and Merchants Bank of Craig County is 7th of 56 on leverage ratio, 17.52% as of Q3 2026. The median for banks in the < $100M asset tier is 12.88% on leverage ratio. The Farmers and Merchants Bank of Craig County sits 4.64 points higher, at 17.52% (Q3 2026).
From Q4 2023 to Q3 2026, The Farmers and Merchants Bank of Craig County's Texas ratio ranged between 0.09% (Q1 2024) and 0.49% (Q2 2024). Between Q3 2025 and Q3 2026, The Farmers and Merchants Bank of Craig County's nonperforming loan ratio (nonaccrual plus 90+ days past due) held at 0.00%, Texas ratio fell from 0.22% to 0.21% and return on assets rose from 1.09% to 1.53%.
Of the 56 banks headquartered in Virginia, The Farmers and Merchants Bank of Craig County is the 53rd largest by total assets at Q3 2026. 1-4 family residential loans are its largest loan category, $35.2M of $63.4M in total loans on its September 30, 2026 call report. Against the 567 banks with under $100M in assets for Q3 2026, The Farmers and Merchants Bank of Craig County's community bank leverage ratio of 17.52% is above the 12.88% median, nonperforming loans ratio of 0.00% is below the 0.36% median, Texas ratio of 0.21% is below the 1.89% median, and efficiency ratio of 52.02% is below the 69.32% median.
Data as of · sourced from FFIEC call reports. How we update
An exploratory screening score that ranks relative failure risk across filers. It is not a calibrated probability, not a credit rating, and not a CAMELS rating.
The Farmers and Merchants Bank of Craig County's 12-month failure risk score is <0.01 out of 100, on the model's 1-year horizon. The score covers every FDIC-insured bank in the latest run, but the model was trained on community and regional banks and its accuracy above roughly $10 billion in assets is not established, so a low score is not evidence of safety. How the failure model was trained and tested.
How does The Farmers and Merchants Bank of Craig County score on capital, credit and costs?
Peer cohort: Under $100M (568 banks) · Industry averages as of Q3 2026.
Median of the 567 banks with under $100M in assets, Q3 2026: 12.88%.
Median of the 567 banks with under $100M in assets, Q3 2026: 12.88%.
Median of the 567 banks with under $100M in assets, Q3 2026: 0.36%.
Median of the 567 banks with under $100M in assets, Q3 2026: 1.89%.
Median of the 567 banks with under $100M in assets, Q3 2026: 69.32%.
Does The Farmers and Merchants Bank of Craig County trip any risk screens?
Latest filing (Q3 2026), passing screens included.
| Screen | Value | Result |
|---|---|---|
| CET1 capital ratio supervisory threshold | — | Not reported |
| Texas ratio BankRegReports band | 0.21% | Within range |
| Nonperforming loan ratio BankRegReports band | 0.00% | Within range |
| Uninsured deposit share BankRegReports band | — | Not reported |
| Loan-to-deposit ratio BankRegReports band | 84.22% | Within range |
| Commercial real estate to capital supervisory threshold | 52.59% | Within range |
| Held-to-maturity unrealized loss to equity BankRegReports band | 3.19% | Within range |
Texas Ratio: last 12 quarters
| Quarter | Texas Ratio (%) |
|---|---|
| Q3 2026 | 0.21% |
| Q2 2026 | 0.22% |
| Q1 2026 | 0.22% |
| Q4 2025 | 0.22% |
| Q3 2025 | 0.22% |
| Q2 2025 | 0.23% |
| Q1 2025 | 0.23% |
| Q4 2024 | 0.22% |
| Q3 2024 | 0.36% |
| Q2 2024 | 0.49% |
| Q1 2024 | 0.09% |
| Q4 2023 | 0.16% |
Loans by type, Q3 2026
- 1-4 family residential loans: $35.2M
- Construction and land development loans: $5.6M
- Auto loans: $4.4M
- Commercial and industrial loans: $3.9M
- Non-owner-occupied commercial real estate loans: $3.4M
- Owner-occupied commercial real estate loans: $2.3M
- Agricultural production loans: $1.1M
- Other consumer loans: $989K
How have The Farmers and Merchants Bank of Craig County's safety ratios changed?
| Quarter end | Total assets | Leverage (CBLR) | NPL ratio | Texas ratio | Efficiency |
|---|---|---|---|---|---|
| Sep 30, 2026 | $92.3M | 17.52% | 0.00% | 0.21% | 52.02% |
| Jun 30, 2026 | $93.0M | 16.87% | 0.00% | 0.22% | 55.82% |
| Mar 31, 2026 | $93.5M | 16.68% | 0.00% | 0.22% | 57.93% |
| Dec 31, 2025 | $92.8M | 16.98% | 0.00% | 0.22% | 59.56% |
| Sep 30, 2025 | $90.7M | 16.81% | 0.00% | 0.22% | 60.07% |
| Jun 30, 2025 | $91.1M | 16.83% | 0.00% | 0.23% | 63.27% |
| Mar 31, 2025 | $89.4M | 16.83% | 0.00% | 0.23% | 66.44% |
| Dec 31, 2024 | $88.4M | 16.95% | 0.06% | 0.22% | 65.97% |
Banks with a similar risk profile
4 banks in the same asset tier with the same overall verdict.
Frequently asked
Is The Farmers and Merchants Bank of Craig County FDIC insured?
Yes. The Farmers and Merchants Bank of Craig County is an FDIC-insured commercial bank (FDIC Certificate #9986). FDIC insurance covers $250,000 per depositor, per insured bank, per ownership category.
Is The Farmers and Merchants Bank of Craig County well capitalized?
On its Q3 2026 call report, The Farmers and Merchants Bank of Craig County's Community Bank Leverage Ratio is 17.52%, above the 8% threshold that makes a community bank well capitalized. The threshold comes from Prompt Corrective Action, which its primary federal regulator, the Federal Reserve, applies.
What are The Farmers and Merchants Bank of Craig County's key safety ratios?
For Q3 2026, The Farmers and Merchants Bank of Craig County reports leverage 17.52%, Texas ratio 0.21%, noncurrent loans 0.00%. Its Texas ratio compares with the 1.89% median for the 567 banks with under $100M in assets.
What happens to my deposits if The Farmers and Merchants Bank of Craig County fails?
For Q3 2026, The Farmers and Merchants Bank of Craig County reported $75.3M in total deposits. If it failed, the FDIC would pay insured deposits up to $250,000 per depositor.
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Where does this data come from?
Not investment advice. See the full The Farmers and Merchants Bank of Craig County profile.
How we score this
The Farmers and Merchants Bank of Craig County elects the community bank leverage ratio, so it reports no risk-based capital ratios. Under Prompt Corrective Action (12 CFR 324.403) and that framework it is well capitalized above 8% from July 1, 2026 (9% before), with a grace band one point below. Banks that do not elect it are graded on the CET1 ratio and the Tier 1 and total capital ratios.
Every ratio The Farmers and Merchants Bank of Craig County is graded on is inside its pass band. Every ratio's definition, bands and risk screen.
Not a credit rating. Methodology.
Regulator records: FDIC BankFind (cert 9986) · FFIEC NIC profile (RSSD 804422)
Explore: Full The Farmers and Merchants Bank of Craig County profile · Other banks in VA · Metric glossary · How the call report works
Ratio definitions: loan to deposit ratio, net interest margin, efficiency ratio, CET1 ratio, tier 1 capital and PPNR.