Banks | Farmers & Merchants Bank of Hutsonville

Farmers & Merchants Bank of Hutsonville


Farmers & Merchants Bank of Hutsonville is an FDIC insured institution headquartered at 108 S Main St, Hutsonville, IL 62433.
It was founded in 1920 and has approximately $0 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - December 22, 2024

SAVINGS RATES APY MIN
Savings
0.10% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.20% $10,000 Compare
6 Mo CD
0.20% $100,000 Compare
12 Mo CD
0.35% $10,000 Compare
12 Mo CD
0.35% $100,000 Compare
18 Mo CD
0.35% $10,000 Compare
18 Mo CD
0.35% $100,000 Compare
24 Mo CD
0.50% $10,000 Compare
24 Mo CD
0.50% $100,000 Compare
30 Mo CD
0.50% $10,000 Compare
30 Mo CD
0.50% $100,000 Compare
36 Mo CD
0.80% $10,000 Compare
36 Mo CD
0.80% $100,000 Compare
48 Mo CD
0.90% $10,000 Compare
48 Mo CD
0.90% $100,000 Compare
60 Mo CD
1.11% $10,000 Compare
60 Mo CD
1.11% $100,000 Compare
MM RATES APY MIN
Money Market
0.10% $2,500 Compare
Money Market
0.10% $10,000 Compare
Money Market
0.15% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.10% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10469
Date Established 1920
Assets $ 50.86 million
Loans $ 35.61 million
Deposits $ 41.62 million
Capital $ 9.16 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 6.37 million
Interest-bearing balances $ 5.66 million
Total securities $ 5.90 million
Federal funds sold and reverse repurchase $ 0.34 million
Net loans and leases $ 35.61 million
Loan loss allowance $ 0.10 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 2.34 million
     Total Assets $ 41.71 million

LIABILITIES
Total deposits $ 41.62 million
      Interest-bearing deposits $ 37.14 million
      Deposits held in domestic offices $ 41.62 million
      % insured (estimated) 89.73%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.04 millionn
      Total Liabilities $ 41.71 million
      Shareholders’ Equity $ 9.16 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 1.20 million
Total Interest Expense $ 0.44 million
Net interest income $ 0.76 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.04 million
Total non interest expense $ 0.40 million
Pre-tax Net Operating Income $ 0.27 million

Customer Reviews for Farmers & Merchants Bank of Hutsonville

There are currently no comments for Farmers & Merchants Bank of Hutsonville. Be the first to share your experience. Please provide comments that will help others.

Add Your Review


Rate it here →


Branches

Click on location and enter new zip number to change.
Your current location is: Columbus, OH

Farmers & Merchants Bank of Hutsonville Locations

Other Banks to Consider