Farmers-Merchants Bank of Illinois is headquartered in Joy and is the 174th largest bank in the state of Illinois. It is also the 2,663rd largest bank in the nation. It was established in 1921 and as of September of 2020, it had grown to 34 employees at 5 locations. Farmers-Merchants Bank of Illinois has an A+ health rating.
Overall | |
---|---|
FDIC Certificate # | 11329 |
Year Established | 1921 |
Employees | 34 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.27% |
Return on Equity - YTD | 9.17% |
Annual Interest Income | $6.3MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $250.2MM$191.2MM |
Loans | Q3 2020vs Q3 2019 | $219.7MM$145.2MM |
Deposits | Q3 2020vs Q3 2019 | $179.4MM$146.8MM |
Equity Capital | Q3 2020vs Q3 2019 | $33.5MM$30.3MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $581.00K$482.00K |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $1.3MM$1.7MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
Rates for Farmers-Merchants Bank of Illinois are currently being reviewed.
Farmers-Merchants Bank of Illinois Locations | ||
---|---|---|
Joy State Bank | 101 W Main St. | Joy, IL 61260 |
New Boston Facility | 412 Main Street | New Boston, IL 61272 |
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 |