Farmers & Merchants Bank (OH) is headquartered in Miamisburg and is the 136th largest bank in the state of Ohio. It is also the 4,385th largest bank in the nation. It was established in 1923 and as of June of 2014, it had grown to 22 employees at 3 locations. Farmers & Merchants Bank (OH) has a B+ health rating.
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Farmers & Merchants Bank (OH) had $0 in non-current loans and owned real-estate with $11.75 million in equity and loan loss allowances on hand to cover it. This gives Farmers & Merchants Bank (OH) a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
In the past year, Farmers & Merchants Bank (OH) has decreased its total deposits by -$4.5 million, resulting in -4.37% 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 (OH) has shown is below average.
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 (OH) has $113.47 million in assets with $11.75 million in equity, resulting in a capitalization level of 10.36%, which is above average.
|FDIC Certificate #||9462|
|Assets and Liabilities|
|Equity Capital||$10.74 million|
|Loan Loss Allowance||$1.01 million|
|Real Estate Owned||$0|
|Historic Data - June 2013|
|Equity Capital||$9.52 million|
|Loan Loss Allowance||$1.03 million|
|Unbacked Noncurrent Loans||$0|
|Real Estate Owned||$392,000|
|Profit Margin - Quarterly|
|Return on Assets||0.92%|
|Return on Equity||10.17%|
|Interest Income||$2.20 million|
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|0.15%||$25k||-||Minor Saving Account|
|0.15%||$25k||-||Passbook Saving Account|
|0.15%||$25k||-||Statement Saving Account|
|0.15%||$25k||-||Money Market Hi-Fi Investment Account|
|0.10%||$10k||-||Freedom Checking Account|
|1.00%||$1k||-||5 Year CD|
|0.75%||$1k||-||4 Year CD|
|0.65%||$1k||-||3 Year CD|
|0.40%||$1k||-||2 Year CD|
|0.30%||$1k||-||18 Month CD|
|0.25%||$1k||-||1 Year CD|
|0.15%||$1k||-||6 Month CD|
|0.10%||$1k||-||1 Month CD|
|0.10%||$1k||-||3 Month CD|
|0.45%||$500||-||30 Month Regular IRA|
|0.40%||$500||-||24 Month Roth IRA|
|0.20%||$500||-||12 Month Variable IRA|
|Farmers & Merchants Bank (OH) Locations|
|Germantown Branch||2367 Beechwood Drive||Germantown, OH 45327|
|West Carrollton Branch||3235 W. Alexandersville-Bellbrook Rd||West Carrollton, OH 45449|
|Farmers & Merchants Bank||41 South First Street||Miamisburg, OH 45342|