Farmers and Merchants Bank of South Carolina

Farmers and Merchants Bank of South Carolina is headquartered in Holly Hill and is the 35^th largest bank in the state of South Carolina. It is also the 2,401^st largest bank in the nation. It was established in 1912 and as of March of 2012, it had grown to 81 employees at 8 locations. Farmers and Merchants Bank of South Carolina has a 4-star health rating.

Farmers and Merchants Bank of South Carolina Checking Account Rates

Farmers and Merchants Bank of South Carolina Savings Account Rates

Farmers and Merchants Bank of South Carolina Money Market Rates

Data for Q1 2012

Institution Statistics Farmers and Merchants Bank of South Carolina FDIC Certificate # 1660 BankRate Report View Year Established 1912 Employees 81 Primary Regulator FDIC Assets and Liabilities Assets $268.54 million Loans $129.69 million Deposits $226.56 million Equity Capital $40.73 million Loan Loss Allowance $2.39 million Unbacked Noncurrent Loans $3.11 million Real Estate Owned $2.29 million Historic Data - March 2011 Assets $264.14 million Equity Capital $39.02 million Loan Loss Allowance $2.35 million Unbacked Noncurrent Loans $2.54 million Real Estate Owned $1.60 million Profit Margin - Quarterly Net Interest Margin 3.5% Return on Assets 1.05% Return on Equity 7.44% Interest Income $2.48 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Farmers and Merchants Bank of South Carolina had $5.4 million in non-current loans and owned real-estate with $43.12 million in equity and loan loss allowances on hand to cover it. This gives Farmers and Merchants Bank of South Carolina a Texas Ratio of 12.52% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Farmers and Merchants Bank of South Carolina held steady from 10.01% as of March 31, 2011 to 12.52% as of March 31, 2012, resulting in a negative change of 25.17%. This indicates that the balance sheet and financial strength for Farmers and Merchants Bank of South Carolina has held steady in recent periods. Deposit Growth In the past year, Farmers and Merchants Bank of South Carolina has increased its total deposits by $2.68 million, resulting in 1.2% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Farmers and Merchants Bank of South Carolina has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Farmers and Merchants Bank of South Carolina has $268.54 million in assets with $43.12 million in equity, resulting in a capitalization level of 16.06%, which is excellent.

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