Farmers-Merchants Bank of Illinois is headquartered in JOY and is the 138th largest bank in the state of Illinois. It is also the 2,284th largest bank in the nation. It was established in 1921 and as of March of 2023, it had grown to 32 employees at 4 locations. Farmers-Merchants Bank of Illinois has an A+ health rating.
Overall | |
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FDIC Certificate # | 11329 |
Year Established | 1921 |
Employees | 32 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.44% |
Return on Equity - YTD | 11.28% |
Annual Interest Income | $4.7MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $339.0MM$305.4MM |
Loans | Q1 2023vs Q1 2022 | $305.6MM$278.2MM |
Deposits | Q1 2023vs Q1 2022 | $215.5MM$211.3MM |
Equity Capital | Q1 2023vs Q1 2022 | $43.6MM$38.5MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $732.00K$1.0MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $1.7MM$647.00K |
Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |
Rates for Farmers-Merchants Bank of Illinois are currently being reviewed.
Farmers-Merchants Bank of Illinois Locations | ||
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Joy State Bank | 101 W Main St | Joy, IL 61260 |
Melvin Branch | 100 East Main Street | Melvin, IL 60952 |
Paxton Branch | 101 North Taft Street | Paxton, IL 60957 |
South Pine Street Branch | 116 South Pine Street | Piper City, IL 60959 |