Farmers & Merchants Bank (16673)

Farmers & Merchants Bank (16673) is headquartered in Statesboro and is the 87^th largest bank in the state of Georgia. It is also the 2,994^th largest bank in the nation. It was established in 1948 and as of March of 2012, it had grown to 57 employees at 4 locations. Farmers & Merchants Bank (16673) has a 1-star health rating.

Data for Q1 2012

Institution Statistics Farmers & Merchants Bank FDIC Certificate # 16673 BankRate Report View Year Established 1948 Employees 57 Primary Regulator FDIC Assets and Liabilities Assets $210.78 million Loans $137.80 million Deposits $198.53 million Equity Capital $9.96 million Loan Loss Allowance $5.90 million Unbacked Noncurrent Loans $7.45 million Real Estate Owned $16.99 million Historic Data - March 2011 Assets $270.80 million Equity Capital $19.03 million Loan Loss Allowance $6.73 million Unbacked Noncurrent Loans $24.46 million Real Estate Owned $7.94 million Profit Margin - Quarterly Net Interest Margin 3.91% Return on Assets 0.33% Return on Equity 7.26% Interest Income $2.40 million

Institution Health Overall Score: 1 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 & Merchants Bank (16673) had $24.44 million in non-current loans and owned real-estate with $15.86 million in equity and loan loss allowances on hand to cover it. This gives Farmers & Merchants Bank (16673) a Texas Ratio of 154.13% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Farmers & Merchants Bank (16673) increased slightly from 125.76% as of March 31, 2011 to 154.13% as of March 31, 2012, resulting in a negative change of 22.56%. This indicates that the balance sheet and financial strength for Farmers & Merchants Bank (16673) has declined slightly in recent periods. Deposit Growth In the past year, Farmers & Merchants Bank (16673) has decreased its total deposits by -$48.69 million, resulting in -19.7% 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 & Merchants Bank (16673) has shown is poor. 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 & Merchants Bank (16673) has $210.78 million in assets with $15.86 million in equity, resulting in a capitalization level of 7.52%, which is below average.

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