Farmers & Merchants Bank of Central California


Farmers & Merchants Bank of Central California is an FDIC insured institution headquartered at 121 W Pine St, Lodi, CA 95240.
It was founded in 1916 and has approximately $5 billion in assets. Customers can open an account at one of its 34 branches.

Deposit Rates - December 22, 2024

SAVINGS RATES APY MIN
Savings
0.03% $2,500 Compare
MM RATES APY MIN
Money Market
0.04% $2,500 Compare
Money Market
0.15% $10,000 Compare
Money Market
0.15% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.06% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 1331
Date Established 1916
Assets $ 5.27 billion
Loans $ 3.61 billion
Deposits $ 4.60 billion
Capital $ 586.73 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 298.60 million
Interest-bearing balances $ 225.68 million
Total securities $ 1,045.45 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 3.61 billion
Loan loss allowance $ 74.43 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.87 million
Goodwill and other intangibles $ 13.15 million
All other assets $ 235.31 million
     Total Assets $ 4.68 billion

LIABILITIES
Total deposits $ 4.60 billion
      Interest-bearing deposits $ 3.22 billion
      Deposits held in domestic offices $ 4.60 billion
      % insured (estimated) 51.77%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 84.09 millionn
      Total Liabilities $ 4.68 billion
      Shareholders’ Equity $ 586.73 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 136.15 million
Total Interest Expense $ 33.26 million
Net interest income $ 102.89 million
Provision for loan and lease losses N.A.
Total non interest income $ 9.81 million
Total non interest expense $ 49.88 million
Pre-tax Net Operating Income $ 48.18 million

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Branches

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Farmers & Merchants Bank of Central California Locations