Farmers & Merchants Bank of Central California is headquartered in LODI and is the 23rd largest bank in the state of California. It is also the 265th largest bank in the nation. It was established in 1916 and as of June of 2023, it had grown to 370 employees at 33 locations. Farmers & Merchants Bank of Central California has an A health rating.
F&M bank is a small, local bank mainly centralized in Modesto, California, 95358. I have been banking with them for a little over four years now and I would not change a thing. The customer service, rewards, incentives and online banking options that they offer are exceptionally phenomenal. Large scale banks definitely need to take a look at this bank and follow in F&M banks footsteps.
I would definitely recommend this company to any of my friends, as a matter of a fact, I already have done so in the past and they are all extremely happy with this bank. Although they are exceptional in almost every possible category, they could always improve on one thing, and that is, the use of ATM's. The ATM machines that are currently available for this bank are very slow and often times feel out dated.
|FDIC Certificate #||1331|
|Return on Assets - YTD||1.75%|
|Return on Equity - YTD||17.91%|
|Annual Interest Income||$120.3MM|
|Assets and Liabilities|
|Assets||Q2 2023vs Q2 2022||$5.25B$5.33B|
|Loans||Q2 2023vs Q2 2022||$3.42B$3.19B|
|Deposits||Q2 2023vs Q2 2022||$4.64B$4.77B|
|Equity Capital||Q2 2023vs Q2 2022||$525.3MM$468.0MM|
|Loan Loss Allowance||Q2 2023vs Q2 2022||$71.1MM$62.1MM|
|Unbacked Noncurrent Loans||Q2 2023vs Q2 2022||$375.00K$3.0MM|
|Real Estate Owned||Q2 2023vs Q2 2022||$873.00K$873.00K|
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.15%*||$5k*||$50k||Sky Blue Checking|
|OTHER TIERS: 0.05% → Any amount|