Farmers & Merchants Bank & Trust (IA) is headquartered in Burlington and is the 112th largest bank in the state of Iowa. It is also the 2,795th largest bank in the nation. It was established in 1916 and as of December of 2021, it had grown to 54 employees at 4 locations. Farmers & Merchants Bank & Trust (IA) has a B health rating.
Overall | |
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FDIC Certificate # | 13737 |
Year Established | 1916 |
Employees | 54 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.38% |
Return on Equity - YTD | 5.12% |
Annual Interest Income | $6.5MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $250.0MM$228.9MM |
Loans | Q4 2021vs Q4 2020 | $119.1MM$129.4MM |
Deposits | Q4 2021vs Q4 2020 | $230.3MM$208.3MM |
Equity Capital | Q4 2021vs Q4 2020 | $18.2MM$19.0MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $1.8MM$2.0MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $2.2MM$1.6MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $407.00K$1.2MM |
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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 |
---|---|---|---|---|
2.02% | $25 | - | F&M Kids Savings Account | |
0.40% | $50 | - | F&M Dream Big Savings Account | |
0.25% | - | - | Health Savings | |
0.10% | - | - | IRA Variable Savings | |
0.10% | $100 | - | F&M MYWAY Saving Account |
Farmers & Merchants Bank & Trust (IA) Locations | ||
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West Burlington Branch | 101 Broadway Street | West Burlington, IA 52655 |
Farmers & Merchants Bank & Trust | 221 Jefferson Street | Burlington, IA 52601 |
Drive-In Branch | 109 West Mt. Pleasant Street | W. Burlington, IA 52655 |
Parking Lot Branch | Fourth and Valley Streets | Burlington, IA 52601 |