Farmers-Merchants Bank of Illinois is headquartered in Joy and is the 156th largest bank in the state of Illinois. It is also the 2,456th largest bank in the nation. It was established in 1921 and as of June of 2022, it had grown to 31 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 | 31 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.39% |
Return on Equity - YTD | 10.97% |
Annual Interest Income | $4.9MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $303.3MM$286.3MM |
Loans | Q2 2022vs Q2 2021 | $272.2MM$255.3MM |
Deposits | Q2 2022vs Q2 2021 | $192.6MM$212.4MM |
Equity Capital | Q2 2022vs Q2 2021 | $39.7MM$36.1MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $902.00K$620.00K |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $538.00K$885.00K |
Real Estate Owned | Q2 2022vs Q2 2021 | $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 |