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 19th largest bank in the state of Maryland. It is also the 1,693rd largest bank in the nation. It was established in 1925 and as of March of 2023, it had grown to 77 employees at 9 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
Employees77
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.08%
Return on Equity - YTD11.93%
Annual Interest Income$5.8MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$529.4MM$510.2MM
LoansQ1 2023vs Q1 2022$342.2MM$291.9MM
DepositsQ1 2023vs Q1 2022$451.9MM$461.7MM
Equity CapitalQ1 2023vs Q1 2022$48.8MM$45.5MM
Loan Loss AllowanceQ1 2023vs Q1 2022$3.5MM$3.0MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$220.00K$1.6MM
Real Estate OwnedQ1 2023vs Q1 2022$2.8MM$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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