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Farmers & Merchants Bank, Financial Information

About Farmers & Merchants Bank

 Address:
138 North Salisbury Avenue
Granite Quarry, NC
Rowan County, North Carolina
 Established:
Jan 1909
 Number of domestic offices:
11
Total assets$754M
Net income$9M
Net income, quarterly$2M
Total deposits$668M
Domestic deposits$668M
Equity capital$80M
ROA1.27%
ROAQ, quarterly1.23%
ROA, pretax1.23%
ROAQ, quarterly, pretax1.46%
ROE11.6%
ROEQ, quarterly11.62%
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.

Historical Data