Farmers & Merchants Bank


Farmers & Merchants Bank is an FDIC insured institution headquartered at 100 S Madison Ave, Eatonton, GA 31024.
It was founded in 1922 and has approximately $0 billion in assets. Customers can open an account at one of its 2 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
24 Mo CD
0.50% $10,000 Compare
24 Mo CD
0.50% $100,000 Compare
30 Mo CD
0.60% $10,000 Compare
30 Mo CD
0.60% $100,000 Compare
36 Mo CD
0.70% $10,000 Compare
36 Mo CD
0.70% $100,000 Compare
48 Mo CD
0.85% $10,000 Compare
48 Mo CD
0.85% $100,000 Compare
60 Mo CD
0.95% $10,000 Compare
60 Mo CD
0.95% $100,000 Compare
MM RATES APY MIN
Money Market
0.10% $2,500 Compare
Money Market
0.15% $10,000 Compare
Money Market
0.15% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.10% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9069
Date Established 1922
Assets $ 271.41 million
Loans $ 124.74 million
Deposits $ 239.77 million
Capital $ 20.02 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 24.53 million
Interest-bearing balances $ 23.05 million
Total securities $ 115.09 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 124.74 million
Loan loss allowance $ 1.73 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 $ 5.18 million
     Total Assets $ 251.38 million

LIABILITIES
Total deposits $ 239.77 million
      Interest-bearing deposits $ 132.02 million
      Deposits held in domestic offices $ 239.77 million
      % insured (estimated) 52.42%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.87 millionn
      Total Liabilities $ 251.38 million
      Shareholders’ Equity $ 20.02 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 5.60 million
Total Interest Expense $ 2.28 million
Net interest income $ 3.31 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.42 million
Total non interest expense $ 2.85 million
Pre-tax Net Operating Income $ 1.21 million

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Branches

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Farmers & Merchants Bank Locations