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Farmers and Merchants Bank, Financial Information

About Farmers and Merchants Bank

 Address:
2 1st St Ne
Lafayette, AL
Chambers County, Alabama
 Established:
Jan 1934
 Number of domestic offices:
3
Total assets$215M
Net income$2M
Net income, quarterly$1M
Total deposits$185M
Domestic deposits$185M
Equity capital$28M
ROA1.23%
ROAQ, quarterly1.42%
ROA, pretax1.42%
ROAQ, quarterly, pretax1.68%
ROE9.04%
ROEQ, quarterly10.66%
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.

Farmers and Merchants Bank was established in 1934 and continues to operate in the same location in which the bank first opened its’ doors. Through the years the bank has modernized its facilities and services to better serve its’ customers and fit into the community.

Farmers and Merchants Bank is a locally owned community bank and serve Chambers County Alabama, which includes the cities LaFayette, Lanett and Valley.

LaFayette Main Office
1st Street N.E.
LaFayette AL. 36862
Telephone (334)864-9941
Fax (334)864-9801

Huguley Branch Office
2838 Phillips Road
Lanett AL. 36863

Historical Data