Farmers & Merchants Bank & Trust (IA)

Farmers & Merchants Bank & Trust (IA) is headquartered in Burlington and is the 89^th largest bank in the state of Iowa. It is also the 3,179^th largest bank in the nation. It was established in 1916 and as of March of 2012, it had grown to 70 employees at 5 locations. Farmers & Merchants Bank & Trust (IA) has a 3-star health rating.

Farmers & Merchants Bank & Trust (IA) Checking Account Rates

Farmers & Merchants Bank & Trust (IA) Savings Account Rates

Farmers & Merchants Bank & Trust (IA) Money Market Rates

Farmers & Merchants Bank & Trust (IA) CD Rates

Farmers & Merchants Bank & Trust (IA) IRA Rates

Data for Q1 2012

Institution Statistics Farmers & Merchants Bank & Trust FDIC Certificate # 13737 BankRate Report View Year Established 1916 Employees 70 Primary Regulator FDIC Assets and Liabilities Assets $195.94 million Loans $124.53 million Deposits $166.77 million Equity Capital $18.08 million Loan Loss Allowance $3.43 million Unbacked Noncurrent Loans $3.68 million Real Estate Owned $1.06 million Historic Data - March 2011 Assets $201.81 million Equity Capital $17.30 million Loan Loss Allowance $3.40 million Unbacked Noncurrent Loans $5.42 million Real Estate Owned $1.82 million Profit Margin - Quarterly Net Interest Margin 3.82% Return on Assets 0.43% Return on Equity 4.59% Interest Income $1.93 million

Institution Health Overall Score: 3 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 & Trust (IA) had $4.74 million in non-current loans and owned real-estate with $21.51 million in equity and loan loss allowances on hand to cover it. This gives Farmers & Merchants Bank & Trust (IA) a Texas Ratio of 22.06% which is average. 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 & Trust (IA) decreased slightly from 34.95% as of March 31, 2011 to 22.06% as of March 31, 2012, resulting in a positive change of 36.89%.This indicates that the balance sheet and financial strength for Farmers & Merchants Bank & Trust (IA) has improved slightly in recent periods. Deposit Growth In the past year, Farmers & Merchants Bank & Trust (IA) has decreased its total deposits by -$6.86 million, resulting in -3.95% 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 & Trust (IA) has shown is below 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 & Merchants Bank & Trust (IA) has $195.94 million in assets with $21.51 million in equity, resulting in a capitalization level of 10.98%, which is above average.

No reviews have been left for this bank yet. Be the first to review.