Farmers and Merchants State Bank of Bushnell

Farmers and Merchants State Bank of Bushnell


Overview / Commentary
309-772-2171
484 East Main Street
Bushnell, IL 61422

Farmers and Merchants State Bank of Bushnell is headquartered in Bushnell and is the 322nd largest bank in the state of Illinois. It is also the 4,380th largest bank in the nation. It was established in 1914 and as of December of 2019, it had grown to 21 employees at 2 locations. Farmers and Merchants State Bank of Bushnell has a B+ health rating.

Reviews (1)

Beware IRA Buyers

Posted by: |

This Farmers and Merchant States Bank of Bushnell has hidden fees but they may not tell you or give you a fees listing at the time of purchasing IRAs.

Even your IRA is due, they will charge you $100 closing fees (as of April 2017). I think associates of this bank who responsible at IRA department are not sincere enough.



Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Farmers and Merchants State Bank of Bushnell has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #11324
Year Established1914
Employees21
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.95%
Return on Equity - YTD10.56%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$74.0MM$70.5MM
LoansQ4 2019vs Q4 2018$36.2MM$36.7MM
DepositsQ4 2019vs Q4 2018$67.4MM$64.4MM
Equity CapitalQ4 2019vs Q4 2018$6.4MM$6.0MM
Loan Loss AllowanceQ4 2019vs Q4 2018$288.00K$302.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$0$25.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates

Sorry, we do not have rate data for Farmers and Merchants State Bank of Bushnell.

Locations


Farmers and Merchants State Bank of Bushnell Locations
Cole Street Branch429 Cole StreetBushnell, IL 61422
Farmers and Merchants State Bank Of Bushnell484 East Main StreetBushnell, IL 61422

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