Farmers & Merchants Bank, Financial Information

About Farmers & Merchants Bank

 Address:
100 South Madison Avenue
Eatonton, GA
Putnam County, Georgia
 Established:
Nov 1922
 Number of domestic offices:
2
Total assets$231M
Net income$1M
Net income, quarterly$0M
Total deposits$203M
Domestic deposits$203M
Equity capital$27M
ROA0.52%
ROAQ, quarterly0.21%
ROA, pretax0.21%
ROAQ, quarterly, pretax0.3%
ROE3.92%
ROEQ, quarterly1.67%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Farmers and Merchants Bank of Eatonton was granted its banking charter on October 26, 1922 with capital of $25,000. The first Board of Directors meeting was held on November 14, 1922.

Farmers & Merchants Bank is an independent community bank dedicated to providing high quality products and services without compromising the personal touch that hometown folks are accustomed to receiving. Farmers & Merchants Bank continues as the oldest and largest financial institution in Putnam County.

Farmers & Merchants Bank have 53 full-time employees and three part-time employees. Due to increased growth and customer demand in the Lake Oconee area, our branch located at Harmony Crossing on Lake Oconee was opened in March 2005.