Farmers & Merchants Bank of Central California
Farmers & Merchants Bank of Central California is an FDIC-insured commercial bank headquartered in Lodi, CA, supervised by the FDIC, with $5.70B in total assets at Q3 2026, up 1.2% from Q3 2025, the 19th largest of 113 banks headquartered in California. It was established in 1916 and holds FDIC certificate 1331. Its CET1 capital ratio was 15.08% 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
- 1331
- Headquarters
- Lodi, CA
- Established
- 1916
- Total assets, Q3 2026
- $5.70B
- Assets vs Q3 2025
- +1.2%
- CET1 ratio, Q3 2026
- 15.08%
- Domestic offices
- 34 branches
- Routing number
- 121108441
- Safety and soundness
- Is Farmers & Merchants Bank of Central California safe?
- Latest call report
- Q3 2026, FFIEC 041 · Farmers & Merchants Bank of Central California call report
- Holding company
- FARMERS & MERCHANTS BANCORP
- Asset rank in state
- 19th of 113 in California
Farmers & Merchants Bank of Central California, based in Lodi, California, reported $5.7 billion in assets at September 30, 2026, up 1.2% from a year earlier. It pays an average of 0.97% on its deposits and borrowings, about half the median of 2.05% for the 887 banks with $1 billion to $10 billion in assets. It also carries problem assets equal to 0.6% of the capital and reserves that would absorb them, a small fraction of the median of 3.9% for banks its size.
Unrealized losses on its securities total $218 million, equal to 32% of Tier 1 capital, against 22% a year earlier. Its $910 million non-owner-occupied commercial real estate book is now fully current, after 0.85% of it was past due or on nonaccrual a year earlier.
As of September 30, 2026, Farmers & Merchants Bank of Central California reported a CET1 capital ratio of 15.08%, a return on assets of 1.84%, a nonperforming-loan ratio of 0.12% and a Texas ratio of 0.63%. The figures come from its call report filed with the FFIEC.
By total assets at Q3 2026, Farmers & Merchants Bank of Central California is the 19th largest of the 113 banks headquartered in California. From Q2 2026 to Q3 2026, its total assets fell 2.3% to $5.70B, loans rose 1.1% and deposits fell 2.4%. The largest part of its loan book on September 30, 2026 was non-owner-occupied commercial real estate loans, at 24.3% of total loans, ahead of farmland and other real estate loans at 18.2%. The FDIC Summary of Deposits lists 31 offices for it, in 20 cities in CA; its Lodi 6 offices book 24% of its branch deposits. By the capital ratios in its Q3 2026 call report, Farmers & Merchants Bank of Central California meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 121 W Pine St, Lodi, CA 95240
- County
- San Joaquin
- Metro Area
- Stockton-Lodi, CA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- May 24, 1916
- Domestic offices
- 34 branches
- Employees (FTE)
- 382
- Domestic deposits
- $4.97B
- Allowance for credit losses
- $77.3M
- Net charge-offs (YTD)
- $1.6M
- Average total assets
- $5.76B
- Average total loans
- $3.53B
- Average interest-bearing deposits
- $4.67B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1331
- Fed RSSD
- 808260
- SEC CIK
- 1085913 → filed by FARMERS & MERCHANTS BANCORP
- Website
- https://www.fmbonline.com/ →
- Parent Holding Company
- FARMERS & MERCHANTS BANCORP (RSSD 2781910) · FMCB
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Kent A Steinwert | CEO | President/CEO |
| Bart R Olson | CFO | Executive Vice President, CFO |
| John W Weubbe | CCO | EVP, Chief Credit Officer |
Profitability
Q3 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
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
From Q4 2023 to Q3 2026, Farmers & Merchants Bank of Central California's total assets ranged from $5.27B (Q2 2024) to $5.84B (Q1 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
$5.70B total assets against $5.63B; $5.03B total liabilities against $5.00B.
$3.67B net loans and leases against $3.53B; $4.97B total deposits against $4.91B.
$1.55B securities against $1.60B; $175.9M cash and balances due against $177.9M.
$73.3M total interest income against $70.3M; $15.1M total interest expense against $14.8M.
$58.2M net interest income against $55.4M.
$6.3M total noninterest income against $7.0M; $33.9M total noninterest expense against $28.2M.
$1.5M provision for credit losses against $700K.
$26.4M net income against $24.4M.
1.84% return on assets against 1.74%; 4.27% net interest margin against 4.20%.
15.08% CET1 capital ratio against 13.98%; 12.02% tier 1 leverage ratio against 11.21%.
Inside the full Farmers & Merchants Bank of Central California 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.
More than half of deposits are uninsured (above the $250K FDIC threshold). Worth understanding the depositor concentration in stressed scenarios. BankRegReports early-warning band.
Held-to-maturity securities carry unrealized losses worth 10–25% of book equity. Carried at amortized cost, they do not reduce reported capital, but they shrink the bank's true mark-to-market cushion if the securities ever have to be sold. BankRegReports analysis, HTM marks aren't a reported regulatory metric.
Farmers & Merchants Bank of Central California rankings
Its closest position to the top of a national ranking is 258 of 4,193, for total assets; its furthest is 2,902 of 3,644, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q3 2026, its return on assets ran from 1.68% (Q2 2025) to 1.84% (Q3 2026) and its net interest margin ran from 4.07% (Q2 2025) to 4.27% (Q3 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2026 | 15.08% | 1.84% | 0.12% | 0.63% | 4.27% |
| Q2 2026 | 14.74% | 1.77% | 0.13% | 0.79% | 4.17% |
| Q1 2026 | 14.40% | 1.71% | 0.11% | 0.55% | 4.18% |
| Q4 2025 | 13.99% | 1.71% | 0.02% | 0.10% | 4.19% |
| Q3 2025 | 13.98% | 1.74% | 0.03% | 0.28% | 4.20% |
| Q2 2025 | 14.13% | 1.68% | 0.00% | 0.17% | 4.07% |
| Q1 2025 | 14.01% | 1.74% | 0.01% | 0.16% | 4.16% |
| Q4 2024 | 13.30% | 1.70% | 0.03% | 0.28% | 4.12% |
Swipe the table sideways to see every column.
Branch Network
View all 31 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 & Merchants Bank of Central California (main office) | Lodi , CA | 95240 | $946.8M |
| Modesto Main Branch | Modesto , CA | 95350 | $414.6M |
| Stockton Main Branch | Stockton , CA | 95207 | $382.1M |
| Linden Branch | Linden , CA | 95236 | $379.7M |
| Walnut Creek Branch | Walnut Creek , CA | 94596 | $377.8M |
| Turlock Main Branch | Turlock , CA | 95380 | $252.4M |
| Capitol Branch | Sacramento , CA | 95814 | $240.4M |
| Hilmar Branch | Hilmar , CA | 95324 | $213.0M |
| Geer Road Branch | Turlock , CA | 95382 | $167.7M |
| Galt Branch | Galt , CA | 95632 | $163.3M |
| Rio Vista Br | Rio Vista , CA | 94571 | $162.3M |
| Manteca Branch | Manteca , CA | 95336 | $160.2M |
| Merced Branch | Merced , CA | 95340 | $116.4M |
| Modesto Carpenter Road Branch | Modesto , CA | 95351 | $114.0M |
| Vineyard Branch | Lodi , CA | 95240 | $112.7M |
| Walnut Grove Office | Walnut Grove , CA | 95690 | $112.5M |
| Elk Grove Branch | Elk Grove , CA | 95624 | $107.6M |
| Galt Village Office Branch | Galt , CA | 95632 | $92.3M |
| Woodlake Plaza Office Branch | Lodi , CA | 95242 | $89.3M |
| Riverbank Branch | Riverbank , CA | 95367 | $78.5M |
| Southgate Branch | Sacramento , CA | 95823 | $62.8M |
| Vintner Square Branch | Lodi , CA | 95242 | $60.8M |
| Napa Branch | Napa , CA | 94558 | $57.7M |
| Lincoln Center Branch | Stockton , CA | 95207 | $57.0M |
| Modesto Vintage Faire Branch | Modesto , CA | 95356 | $47.2M |
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 11, 2018 | M&A | Acquired Bank of Rio Vista merger for the acquired bank | SEC |
| October 11, 2018 | Structure Change | Acquired Bank of Rio Vista Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 10, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 19, 2016 | M&A | Acquired Delta Bank, National Association merger for the acquired bank | SEC |
| November 19, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 19, 2016 | Structure Change | Acquired Delta Bank, National Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 23, 1985 | M&A | Acquired Golden Valley Bank failure_government_assistance_provided for the acquired bank | SEC |
| March 23, 1985 | Structure Change | Acquired Golden Valley Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| March 22, 1985 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 9 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in CA, rank 34 of 164 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 216 applications, 132 loans originated, $44.8M originated, across 1 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 3 loans, $345K approved, $115K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2017 (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 & Merchants Bank of Central California
What are Farmers & Merchants Bank of Central California's total assets?
As of the Q3 2026 filing, Farmers & Merchants Bank of Central California reported total assets of $5.70 billion in its FFIEC call report.
Where is Farmers & Merchants Bank of Central California headquartered?
It is headquartered in Lodi, CA, United States.
When was Farmers & Merchants Bank of Central California founded?
It was established in 1916, per the FDIC institution directory.
Is Farmers & Merchants Bank of Central California FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1331). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Farmers & Merchants Bank of Central California?
Farmers & Merchants Bank of Central California's primary federal regulator is the FDIC.
What is Farmers & Merchants Bank of Central California's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 15.08% in its Q3 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Farmers & Merchants Bank of Central California operate?
It operates 34 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Farmers & Merchants Bank of Central California's Texas Ratio?
Its Texas Ratio is 0.63% 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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