Farmers & Merchants Bank (NC) is headquartered in Granite Quarry and is the 20th largest bank in the state of North Carolina. It is also the 1,195th largest bank in the nation. It was established in 1909 and as of June of 2017, it had grown to 123 employees at 11 locations. Farmers & Merchants Bank (NC) has a B+ health rating.
|FDIC Certificate #||2036|
|Return on Assets - YTD||0.82%|
|Return on Equity - YTD||7.67%|
|Annual Interest Income||$11.1MM|
|Assets and Liabilities|
|Assets||Q2 2017vs Q2 2016||$611.9MM$564.7MM|
|Loans||Q2 2017vs Q2 2016||$431.9MM$399.3MM|
|Deposits||Q2 2017vs Q2 2016||$542.9MM$498.6MM|
|Equity Capital||Q2 2017vs Q2 2016||$63.9MM$61.4MM|
|Loan Loss Allowance||Q2 2017vs Q2 2016||$7.3MM$8.1MM|
|Unbacked Noncurrent Loans||Q2 2017vs Q2 2016||$8.0MM$8.9MM|
|Real Estate Owned||Q2 2017vs Q2 2016||$5.3MM$5.5MM|
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