Farmers & Merchants Bank & Trust (IA) is headquartered in Burlington and is the 114th largest bank in the state of Iowa. It is also the 2,834th largest bank in the nation. It was established in 1916 and as of December of 2020, it had grown to 53 employees at 4 locations. Farmers & Merchants Bank & Trust (IA) has a B+ health rating.
Overall | |
---|---|
FDIC Certificate # | 13737 |
Year Established | 1916 |
Employees | 53 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.59% |
Return on Equity - YTD | 7% |
Annual Interest Income | $7.7MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2020vs Q4 2019 | $228.9MM$199.5MM |
Loans | Q4 2020vs Q4 2019 | $129.4MM$133.8MM |
Deposits | Q4 2020vs Q4 2019 | $208.3MM$179.0MM |
Equity Capital | Q4 2020vs Q4 2019 | $19.0MM$17.2MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $2.0MM$1.5MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.6MM$3.2MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $1.2MM$1,000 |
Always verify rates and promotions with the bank or credit union. We are not Farmers & Merchants Bank & Trust (IA); we are a rate comparison website and cannot provide official rates or promotions.
* 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 | ||
---|---|---|
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 |