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Farmers and Merchants Bank (IN)


Overview / Commentary
www.fmfbank.com
260-637-5546
6464 Merchants Drive
Laotto, IN 46763

Farmers and Merchants Bank (IN) is headquartered in Laotto and is the 74th largest bank in the state of Indiana. It is also the 3,206th largest bank in the nation. It was established in 1914 and as of December of 2019, it had grown to 29 employees at 4 locations. Farmers and Merchants Bank (IN) has an A health rating.

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Health
A

Data as of Q4 2019

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Health Grade Components

Overall
FDIC Certificate #13801
Year Established1914
Employees29
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.45%
Return on Equity - YTD13.67%
Annual Interest Income$6.2MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$162.6MM$158.6MM
LoansQ4 2019vs Q4 2018$107.9MM$101.0MM
DepositsQ4 2019vs Q4 2018$143.9MM$142.0MM
Equity CapitalQ4 2019vs Q4 2018$17.7MM$15.6MM
Loan Loss AllowanceQ4 2019vs Q4 2018$761.00K$732.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$269.00K$0
Real Estate OwnedQ4 2019vs Q4 2018$21.00K$24.00K
Rates

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Locations


Farmers and Merchants Bank (IN) Locations
Huntertown Branch1615 West Gump RoadHuntertown, IN 46748
Churubusco Branch4084 North U.s., Suite BChurubusco, IN 46723
Farmers & Merchants Bank Branch511 Professional WayKendallville, IN 46755
Farmers and Merchants Bank6464 Merchants DriveLaotto, IN 46763

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