Farmers-Merchants Bank of Illinois
Overview / Commentary
Farmers-Merchants Bank of Illinois is headquartered in Joy and is the 220th largest bank in the state of Illinois. It is also the 3,169th largest bank in the nation. It was established in 1921 and as of March of 2019, it had grown to 37 employees at 5 locations. Farmers-Merchants Bank of Illinois has an A+ health rating.
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Health
A+
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11329 |
| Year Established | 1921 |
| Employees | 37 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.28% |
| Return on Equity - YTD | 7.8% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $173.3MM$48.7MM |
| Loans | Q1 2019vs Q1 2018 | $117.6MM$42.9MM |
| Deposits | Q1 2019vs Q1 2018 | $134.4MM$39.1MM |
| Equity Capital | Q1 2019vs Q1 2018 | $28.8MM$5.6MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $416.00K$42.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $795.00K$558.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $180.00K$22.00K |
Rates
Rates for Farmers-Merchants Bank of Illinois are currently being reviewed.
Locations
| 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 |