F&M Bank (Washington, GA)
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Data as of · sourced from FFIEC call reports. How we update
F&M Bank is an FDIC-insured commercial bank headquartered in Washington, GA, established in 1950 (FDIC certificate 16897), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $419.9M, up 6.4% from Q2 2025, the 49th largest of 121 banks headquartered in Georgia. It reports no CET1 ratio; its Tier 1 leverage ratio was 14.93% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 16897
- Headquarters
- Washington, GA
- Established
- 1950
- Total assets, Q2 2026
- $419.9M
- Assets vs Q2 2025
- +6.4%
- Tier 1 leverage ratio, Q2 2026
- 14.93%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 061112830
- Holding company
- WASHINGTON/WILKES HOLDING COMPANY
- Asset rank in state
- 49th of 121 in Georgia
F&M Bank earns an unusually wide margin on its lending. Based in Washington, Georgia, it had $420 million in assets at June 30, 2026, up 6.4% from a year earlier. It keeps 4.86 cents of net interest income on every dollar of earning assets, higher than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). It also funds 14.93% of its assets with Tier 1 capital, higher than about three-quarters of banks its size (median 10.99%).
Loans are outrunning deposits: over the year loans rose 8.9% and deposits rose 5.9%. Paper losses on its bond portfolio are shrinking: unrealized losses of $13 million equal 21% of Tier 1 capital, down from 28% a year earlier.
As of June 30, 2026, F&M Bank reported a return on assets of 1.35%, a nonperforming-loan ratio of 0.38% and a Texas ratio of 1.83%. The figures come from its call report filed with the FFIEC.
F&M Bank ranks as the 49th largest of the 121 banks based in Georgia, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 1.0% to $419.9M, loans rose 1.9% and deposits fell 1.5%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 32.1% of total loans, ahead of construction and land development loans at 24.0%. The FDIC Summary of Deposits lists 5 offices for it, in 4 cities in GA; its Washington 2 offices book 63% of its branch deposits. Judged on its Q2 2026 call report, F&M Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 911 E Robert Toombs Ave, Washington, GA 30673
- County
- Wilkes
- 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 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- March 14, 1950
- Former names
- Farmers and Merchants Bank (1977-2009)
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 73
- Domestic deposits
- $356.8M
- Allowance for credit losses
- $5.4M
- Net charge-offs (YTD)
- $0
- Average total assets
- $426.8M
- Average total loans
- $276.6M
- Average interest-bearing deposits
- $267.9M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- March 14, 1950
- FDIC Cert
- 16897
- Fed RSSD
- 510330
- Website
- http://www.fmbanknow.com →
- Parent Holding Company
- WASHINGTON/WILKES HOLDING COMPANY (RSSD 1137015)
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, F&M Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, F&M Bank's total assets ranged from $353.9M (Q3 2023) to $424.1M (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
$419.9M total assets against $394.7M; $365.5M total liabilities against $346.6M.
$275.6M net loans and leases against $253.4M; $356.8M total deposits against $336.9M.
$95.2M securities against $97.5M; $19.3M cash and balances due against $15.8M.
$6.3M total interest income against $5.9M; $1.6M total interest expense against $1.5M.
$4.7M net interest income against $4.4M.
$412K total noninterest income against $629K; $3.2M total noninterest expense against $2.9M.
$105K provision for credit losses against $130K.
$1.4M net income against $1.6M.
1.35% return on assets against 1.57%; 4.86% net interest margin against 4.78%.
14.93% tier 1 leverage ratio against 14.67%.
Inside the full F&M Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeF&M Bank rankings
Its closest position to the top of a national ranking is 1,621 of 3,611, for ROA; its furthest is 2,329 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.20% (Q3 2024) to 1.57% (Q2 2025) and its net interest margin ran from 4.64% (Q3 2024) to 4.99% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.93% | 1.35% | 0.38% | 1.83% | 4.86% |
| Q1 2026 | 14.40% | 1.40% | 0.07% | 0.35% | 4.75% |
| Q4 2025 | 15.08% | 1.48% | 0.09% | 0.42% | 4.88% |
| Q3 2025 | 15.10% | 1.41% | 0.13% | 1.17% | 4.99% |
| Q2 2025 | 14.67% | 1.57% | 0.48% | 2.34% | 4.78% |
| Q1 2025 | 14.51% | 1.27% | 0.26% | 2.25% | 4.70% |
| Q4 2024 | 14.45% | 1.34% | 0.16% | 2.46% | 4.85% |
| Q3 2024 | 14.80% | 1.20% | 0.11% | 2.14% | 4.64% |
Swipe the table sideways to see every column.
Branch Network
View all 5 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 |
|---|---|---|---|
| F&M Bank (main office) | Washington , GA | 30673 | $184.8M |
| Martinez Branch | Martinez , GA | 30907 | $56.3M |
| Lincolnton Branch | Lincolnton , GA | 30817 | $45.5M |
| Downtown Branch | Washington , GA | 30673 | $39.1M |
| Crawfordville Branch | Crawfordville , GA | 30631 | $31.1M |
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 |
|---|---|---|---|
| September 23, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 23, 1994 | Structure Change | Acquired The Peoples 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.
- Deposit market share
- <0.1% of deposits in GA, rank 72 of 177 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, 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 F&M Bank
What are F&M Bank's total assets?
As of the Q2 2026 filing, F&M Bank reported total assets of $419.9 million in its FFIEC call report.
Where is F&M Bank headquartered?
It is headquartered in Washington, GA, United States.
When was F&M Bank founded?
It was established in 1950, per the FDIC institution directory.
Is F&M Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #16897). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates F&M Bank?
F&M Bank's primary federal regulator is the FDIC.
How many branches does F&M Bank operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is F&M Bank's Texas Ratio?
Its Texas Ratio is 1.83% 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.
What was F&M Bank previously called?
The charter now named F&M Bank has also operated as Farmers and Merchants Bank (1977-2009), per FDIC structure-change records.
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