Farmers and Merchants Bank of South Carolina
Farmers and Merchants Bank of South Carolina is an FDIC-insured commercial bank headquartered in Holly Hill, SC, supervised by the FDIC, with $441.8M in total assets at Q3 2026, up 13.2% from Q3 2025, the 25th largest of 43 banks headquartered in South Carolina. It was established in 1912 and holds FDIC certificate 1660. Its CET1 capital ratio was 42.74% at Q3 2026, comfortably above the 7% level required once the capital conservation buffer is included.
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Data as of · sourced from FFIEC call reports. How we update
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 1660
- Headquarters
- Holly Hill, SC
- Established
- 1912
- Total assets, Q3 2026
- $441.8M
- Assets vs Q3 2025
- +13.2%
- CET1 ratio, Q3 2026
- 42.74%
- Domestic offices
- 8 branches
- Routing number
- 053204280
- Safety and soundness
- Is Farmers and Merchants Bank of South Carolina safe?
- Latest call report
- Q3 2026, FFIEC 051 · Farmers and Merchants Bank of South Carolina call report
- Holding company
- FMB OF S.C. BANCSHARES, INC.
- Asset rank in state
- 25th of 43 in South Carolina
Farmers and Merchants Bank of South Carolina, based in Holly Hill, South Carolina, reported $442 million in assets at September 30, 2026, up 13.2% from a year earlier. It pays an average of 0.31% on its deposits and borrowings, a small fraction of the median of 1.83% for the 2,624 banks with $100 million to $1 billion in assets. It also holds common equity equal to 42.74% of its risk-weighted assets, about triple the median of 15.38% for banks its size.
Loans and deposits moved in opposite directions: over the year loans fell 2.9% and deposits rose 15.1%. Unrealized losses on its securities total $19 million, equal to 26% of Tier 1 capital, against 21% a year earlier.
As of September 30, 2026, Farmers and Merchants Bank of South Carolina reported a CET1 capital ratio of 42.74%, a return on assets of 1.26%, a nonperforming-loan ratio of 0.62% and a Texas ratio of 1.27%. The figures come from its call report filed with the FFIEC.
By total assets at Q3 2026, Farmers and Merchants Bank of South Carolina is the 25th largest of the 43 banks headquartered in South Carolina. From Q2 2026 to Q3 2026, its total assets rose 6.8% to $441.8M, loans rose 0.6% and deposits rose 8.5%. Its loan book on September 30, 2026 was led by construction and land development loans, at 31.1% of total loans, followed by 1-4 family residential loans at 21.9%. Its 8 offices in the FDIC Summary of Deposits are in 7 cities in SC; its Moncks Corner 2 offices book 56% of its branch deposits. On its Q3 2026 call report, Farmers and Merchants Bank of South Carolina meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 8624 Old State Rd, Holly Hill, SC 29059
- County
- Orangeburg
- Metro Area
- Orangeburg, SC
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- Trust powers not granted
- Call Report form
- FFIEC 051
- Established
- January 3, 1912
- Domestic offices
- 8 branches
- Employees (FTE)
- 67
- Domestic deposits
- $380.8M
- Allowance for credit losses
- $1.2M
- Net charge-offs (YTD)
- $115K
- Average total assets
- $416.8M
- Average total loans
- $122.8M
- Average interest-bearing deposits
- $224.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1660
- Fed RSSD
- 282226
- Website
- www.fmbsc.com →
- Parent Holding Company
- FMB OF S.C. BANCSHARES, INC. (RSSD 1137426)
Profitability
Q3 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
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Ratios tagged annualized use the Q3 income alone. The UBPR and FDIC annualize the year to date instead. How we compute these figures
Quarterly trends
Farmers and Merchants Bank of South Carolina's total assets moved between a low of $376.9M (Q1 2024) and a high of $540.6M (Q4 2024) from Q4 2023 to Q3 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q3 2026 with Q3 2025. How these charts are built
$441.8M total assets against $390.2M; $382.2M total liabilities against $332.4M.
$122.5M net loans and leases against $126.1M; $380.8M total deposits against $330.9M.
$187.4M securities against $184.1M; $118.8M cash and balances due against $68.2M.
$4.0M total interest income against $4.1M; $279K total interest expense against $282K.
$3.7M net interest income against $3.8M.
$547K total noninterest income against $550K; $2.6M total noninterest expense against $2.6M.
$1K provision for credit losses against $56K.
$1.3M net income against $1.4M.
1.26% return on assets against 1.32%; 3.83% net interest margin against 3.94%.
42.74% CET1 capital ratio against 39.54%; 17.78% tier 1 leverage ratio against 16.69%.
Inside the full Farmers and Merchants Bank of South Carolina terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFarmers and Merchants Bank of South Carolina rankings
Its closest position to the top of a national ranking is 13 of 2,021, for CET1 ratio; its furthest is 2,596 of 3,644, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q4 2024 to Q3 2026, its return on assets ran from 1.26% (Q3 2026) to 1.69% (Q1 2026) and its net interest margin ran from 3.62% (Q1 2026) to 4.01% (Q2 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2026 | 42.74% | 1.26% | 0.62% | 1.27% | 3.83% |
| Q2 2026 | 42.67% | 1.55% | 0.74% | 1.46% | 3.90% |
| Q1 2026 | 41.84% | 1.69% | 0.69% | 1.38% | 3.62% |
| Q4 2025 | 40.41% | 1.38% | 0.71% | 1.47% | 3.80% |
| Q3 2025 | 39.54% | 1.32% | 0.61% | 1.31% | 3.94% |
| Q2 2025 | 39.20% | 1.57% | 0.63% | 1.43% | 4.01% |
| Q1 2025 | 38.11% | 1.66% | 0.84% | 1.94% | 3.84% |
| Q4 2024 | 37.27% | 1.37% | 0.85% | 2.15% | 3.81% |
Swipe the table sideways to see every column.
Branch Network
View all 8 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 |
|---|---|---|---|
| Moncks Corner Branch | Moncks Corner , SC | 29461 | $176.6M |
| Farmers and Merchants Bank of South Carolina (main office) | Holly Hill , SC | 29059 | $59.1M |
| St. Stephen Branch | St. Stephen , SC | 29479 | $23.9M |
| Bowman Branch | Bowman , SC | 29018 | $20.9M |
| Carnes Crossroads Branch | Moncks Corner , SC | 29461 | $19.7M |
| Cameron Branch | Cameron , SC | 29030 | $18.7M |
| Eutawville Branch | Eutawville , SC | 29048 | $17.4M |
| Branchville Branch | Branchville , SC | 29432 | $14.4M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in SC, rank 45 of 73 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 25 applications, 22 loans originated, $2.5M originated, across 1 states
- Period: Calendar year 2024. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $1.1M approved, $1.1M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2001 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Farmers and Merchants Bank of South Carolina
What are Farmers and Merchants Bank of South Carolina's total assets?
As of the Q3 2026 filing, Farmers and Merchants Bank of South Carolina reported total assets of $441.8 million in its FFIEC call report.
Where is Farmers and Merchants Bank of South Carolina headquartered?
It is headquartered in Holly Hill, SC, United States.
When was Farmers and Merchants Bank of South Carolina founded?
It was established in 1912, per the FDIC institution directory.
Is Farmers and Merchants Bank of South Carolina FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1660). 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 of South Carolina?
Farmers and Merchants Bank of South Carolina's primary federal regulator is the FDIC.
What is Farmers and Merchants Bank of South Carolina's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 42.74% in its Q3 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Farmers and Merchants Bank of South Carolina operate?
It operates 8 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 of South Carolina's Texas Ratio?
Its Texas Ratio is 1.27% in its Q3 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 nonperforming assets against the bank's capital and reserves.
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