Farmers and Merchants Bank of Ashland

1501 Silver Street
Ashland, NE 68003

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5377
Date Established 1883
Assets $0.08 billion
Loans $0.05 billion
Deposits $0.07 billion
Capital $0.01 billion

Farmers and Merchants Bank of Ashland is an FDIC insured institution located in Ashland, NE. It was founded in 1883 and has approximately $0.08 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of Farmers and Merchants Bank of Ashland's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Farmers and Merchants Bank of Ashland’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks in Nebraska, Farmers and Merchants Bank of Ashland has a significantly higher percent of 1-4 Family Residential Loans, Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 28.03
Multifamily
Mortgages
0.50
Credit Card Loans 0.60
Consumer Auto Loans 0.88
Small Business Loans 6.28
Construction and Development Loans 4.80
Commercial Real Estate 10.16
Commercial and Industrial Loans 7.75
Farm Loans 23.65

Deposit Rates - February 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $500 $4,999 Learn MoreShow Less
Money Market
0.15% $10,000 $24,999 Learn MoreShow Less
Money Market
0.20% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.30% $500 - Learn MoreShow Less
6 Mo CD
0.35% $500 - Learn MoreShow Less
12 Mo CD
0.60% $500 - Learn MoreShow Less
24 Mo CD
1.25% $500 - Learn MoreShow Less
30 Mo CD
1.51% $500 - Learn MoreShow Less

Variable IRA Rates APY MIN MAX
Var IRA
1.51% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 $4,999 Learn MoreShow Less

Loan Rates - February 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Farmers and Merchants Bank of Ashland

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Flagstar Bank
Flagstar Bank
Intro APR
3.490 %
After Intro: 6.240 %
Intro Period: 6 months
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Farmers and Merchants Bank of Ashland
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Farmers and Merchants Bank of Ashland branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Farmers and Merchants Bank of Ashland Locations


Financial Details

Farmers and Merchants Bank of Ashland Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers and Merchants Bank of Ashland. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Farmers and Merchants Bank of Ashland U.S. Bank Average
0% 7.34%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2018, Farmers and Merchants Bank of Ashland had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,263,000 in equity and $585,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Farmers and Merchants Bank of Ashland U.S. Bank Average
8.38% 9.95%

Farmers and Merchants Bank of Ashland has a Return on Equity of 8.38% versus the BestCashCow average of 9.95%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Farmers and Merchants Bank of Ashland U.S. Bank Average
10.72% 12.19%

Farmers and Merchants Bank of Ashland has a Capitalization of 10.72% versus the BestCashCow average of 12.19. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Farmers and Merchants Bank of Ashland Balance Sheet Analysis

As of September 30, 2018, Farmers and Merchants Bank of Ashland had assets of $77,059,000, loans of $52,015,000, and deposits of $66,835,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.05 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.07 billion
LIABILITIES
Total deposits $0.07 billion
      Interest-bearing deposits $0.05 billion
      Deposits held in domestic offices $0.07 billion
      % insured (estimated) 81.78%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.07 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Farmers And Merchants Bank Of Ashland

Branches and Savings

Is Farmers And Merchants Bank Of Ashland FDIC insured?

Yes. It is covered under FDIC Certificate #5377.

Why does Farmers And Merchants Bank Of Ashland pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Farmers And Merchants Bank Of Ashland CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Farmers And Merchants Bank Of Ashland a commercial bank?

Yes

Where are Farmers And Merchants Bank Of Ashland locations?

See branch locations nearby.

Is Farmers And Merchants Bank Of Ashland open on Saturdays?

Is Farmers And Merchants Bank Of Ashland open on Sundays?

What time does Farmers And Merchants Bank Of Ashland open?

What time does Farmers And Merchants Bank Of Ashland close?

Are Farmers And Merchants Bank Of Ashland ATMs Open 24/7?

Do Farmers And Merchants Bank Of Ashland ATMs accept cash deposits?

Can Farmers And Merchants Bank Of Ashland customers use other ATMs?

Do Farmers And Merchants Bank Of Ashland branches have notaries?

Will Farmers And Merchants Bank Of Ashland notarize my document?

What address for Farmers And Merchants Bank Of Ashland should I put for incoming ACH transfers?

Will the Farmers And Merchants Bank Of Ashland branch print checks?

Do Farmers And Merchants Bank Of Ashland checks expire?

Does Farmers And Merchants Bank Of Ashland require US citizenship to open account?

Can Farmers And Merchants Bank Of Ashland close my account?

Does Farmers And Merchants Bank Of Ashland Report to credit bureaus?

Does Farmers And Merchants Bank Of Ashland Use Equifax?

What is Farmers And Merchants Bank Of Ashland's ACH Routing Number?

What is Farmers And Merchants Bank Of Ashland's SWIFT code?

Products

Does Farmers And Merchants Bank Of Ashland offer mortgages?

Compare mortgage rates here.

Does Farmers And Merchants Bank Of Ashland offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Farmers And Merchants Bank Of Ashland offer personal loans?

Compare personal loan rates here.

Does Farmers And Merchants Bank Of Ashland offer student loans?

Will Farmers And Merchants Bank Of Ashland cash a check?

Will Farmers And Merchants Bank Of Ashland redeem a savings bond?

Does Farmers And Merchants Bank Of Ashland cash savings bonds?

Will Farmers And Merchants Bank Of Ashland cash money orders?

Can Farmers And Merchants Bank Of Ashland issue a money order?

Does Farmers And Merchants Bank Of Ashland do currency exchange?

Background on The Bank

Who owns Farmers And Merchants Bank Of Ashland?

How long has Farmers And Merchants Bank Of Ashland been around?

Can Farmers And Merchants Bank Of Ashland transfer to other banks?

Does Farmers And Merchants Bank Of Ashland have quick pay?

Does Farmers And Merchants Bank Of Ashland accept rolled coins?

Will Farmers And Merchants Bank Of Ashland accept loose change?

Where is Farmers And Merchants Bank Of Ashland headquarters?

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