The Farmers Bank of Willards is headquartered in WILLARDS and is the 18th largest bank in the state of Maryland. It is also the 1,618th largest bank in the nation. It was established in 1925 and as of June of 2024, it had grown to 71 employees at 8 locations. The Farmers Bank of Willards has a B+ health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 5885 |
| Year Established | 1925 |
| Employees | 71 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.98% |
| Return on Equity - YTD | 10.35% |
| Annual Interest Income | $14.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $565.3MM$550MM |
| Loans | Q2 2024vs Q2 2023 | $369.4MM$352.4MM |
| Deposits | Q2 2024vs Q2 2023 | $442.2MM$453MM |
| Equity Capital | Q2 2024vs Q2 2023 | $54.7MM$49.9MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $4MM$3.5MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $623K$323K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $2.1MM$2.1MM |
Rates for The Farmers Bank of Willards are currently being reviewed.
| The Farmers Bank of Willards Locations | ||
|---|---|---|
| Milford Street Branch | 102 Milford Street | Salisbury, MD 21804 |
| Pemberton Branch | 1150 Parsons Road | Salisbury, MD 21801 |
| West Ocean City Branch | 12641 Ocean Gateway | Ocean City, MD 21842 |
| North Ocean City Branch | 12831 Coastal Highway | Ocean City, MD 21842 |
| Willards Branch | 7233 Main Street | Willards, MD 21874 |
| The Farmers Bank Of Willards | 7484 Market St | Willards, MD 21874 |
| Salisbury Branch | Tilghman Road | Salisbury, MD 21801 |
| Millsboro Branch | 28656 W. Dupont Hwy. | Millsboro, DE 19966 |