The Farmers Bank of Willards

The Farmers Bank of Willards


Overview / Commentary
410-835-8906
7484 Market Street
Willards, MD 21874

The Farmers Bank of Willards is headquartered in WILLARDS and is the 18th largest bank in the state of Maryland. It is also the 1,646th largest bank in the nation. It was established in 1925 and as of September of 2023, it had grown to 75 employees at 8 locations. The Farmers Bank of Willards has a B+ health rating.

Reviews (1)

Overall Performance

Posted by: |

I have met with the President of the bank and some of the directors on various occasions. They have been forthright and knowledgeable. They are focused on taking actions that will continue to strengthen the bank and work with it's customers in these challenging economic times.



Health
B+

Health Grade Components

Overall
FDIC Certificate #5885
Year Established1925
Employees75
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD10.62%
Annual Interest Income$18.7MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$548.2MM$524.5MM
LoansQ3 2023vs Q3 2022$367.5MM$316.5MM
DepositsQ3 2023vs Q3 2022$449.4MM$474.1MM
Equity CapitalQ3 2023vs Q3 2022$50.8MM$46.8MM
Loan Loss AllowanceQ3 2023vs Q3 2022$3.6MM$3.2MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$189K$1.5MM
Real Estate OwnedQ3 2023vs Q3 2022$2.1MM$2.9MM
Rates

Sorry, we do not have rate data for The Farmers Bank of Willards.

Locations


The Farmers Bank of Willards Locations
Milford Street Branch102 Milford StreetSalisbury, MD 21804
Pemberton Branch1150 Parsons RoadSalisbury, MD 21801
West Ocean City Branch12641 Ocean GatewayOcean City, MD 21842
North Ocean City Branch12831 Coastal HighwayOcean City, MD 21842
Willards Branch7233 Main StreetWillards, MD 21874
The Farmers Bank Of Willards7484 Market StWillards, MD 21874
Salisbury BranchTilghman RoadSalisbury, MD 21801
Millsboro Branch28656 W. Dupont Hwy.Millsboro, DE 19966

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