Farmers and Merchants Bank of Hill City

Headquarters

120 East Main Street
Hill City, KS 67642
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Farmers and Merchants Bank of Hill City is an FDIC insured institution located in Hill City, KS. It was founded in 1988 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 27178
Date Established 1988
Assets $ 42.96 million
Loans $ 26.32 million
Deposits $ 37.08 million
Capital $ 4.72 million
 

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

Deposit Rates - September 21, 2021

Your Current Location: California, CA 92111

 

Loan Rates - September 21, 2021

Your Current Location: California, CA 92111

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

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




Featured - California 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Better.com
NMLS ID: 330511
2.925% 2.875%
0.63 points
$1,608 fees
$1,038 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Farmers and Merchants Bank of Hill City
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Branches

Farmers and Merchants Bank of Hill City 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:
San Diego,California


Farmers and Merchants Bank of Hill City Locations


Financial Details

Farmers and Merchants Bank of Hill City Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers and Merchants Bank of Hill City. 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 Hill City U.S. Bank Average
4.23% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2021, Farmers and Merchants Bank of Hill City had $216,000 in non-current loans and $8,000 in owned real estate. To cover these potential losses it had $4,720,000 in equity and $581,000 in loans loss reserves. That gives it a Texas Ratio of 4.23%.

Return on Equity
Farmers and Merchants Bank of Hill City U.S. Bank Average
4.33% 11.43%

Farmers and Merchants Bank of Hill City has a Return on Equity of 4.33% versus the BestCashCow average of 11.43%. 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 Hill City U.S. Bank Average
10.99% 11.51%

Farmers and Merchants Bank of Hill City has a Capitalization of 10.99% versus the BestCashCow average of 11.51. 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 Hill City Balance Sheet Analysis

As of June 30, 2013, Farmers and Merchants Bank of Hill City had assets of $42,955,000, loans of $26,317,000, and deposits of $37,084,000. 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

March 31, 2021
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 26.32 million
Loan loss allowance $ 0.58 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.01 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 37.08 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 42.96 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Farmers and Merchants Bank of Hill City’s loan portfolio are Farm Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Kansas, Farmers and Merchants Bank of Hill City has a significantly higher percent of Small Business Loans, Farm 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 4.24
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.80
Small Business Loans 19.67
Construction and Development Loans 0.82
Commercial Real Estate 19.67
Commercial and Industrial Loans 14.11
Farm Loans 37.74

Frequently Asked Questions About Farmers And Merchants Bank Of Hill City

Branches and Savings

Is Farmers And Merchants Bank Of Hill City FDIC insured?

Yes. It is covered under FDIC Certificate #27178.

Why does Farmers And Merchants Bank Of Hill City 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 Hill City CD rates not competitive?

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

Is Farmers And Merchants Bank Of Hill City a commercial bank?

Yes

Where are Farmers And Merchants Bank Of Hill City locations?

See branch locations nearby.

Is Farmers And Merchants Bank Of Hill City open on Saturdays?

Is Farmers And Merchants Bank Of Hill City open on Sundays?

What time does Farmers And Merchants Bank Of Hill City open?

What time does Farmers And Merchants Bank Of Hill City close?

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

Do Farmers And Merchants Bank Of Hill City ATMs accept cash deposits?

Can Farmers And Merchants Bank Of Hill City customers use other ATMs?

Do Farmers And Merchants Bank Of Hill City branches have notaries?

Will Farmers And Merchants Bank Of Hill City notarize my document?

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

Will the Farmers And Merchants Bank Of Hill City branch print checks?

Do Farmers And Merchants Bank Of Hill City checks expire?

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

Can Farmers And Merchants Bank Of Hill City close my account?

Does Farmers And Merchants Bank Of Hill City Report to credit bureaus?

Does Farmers And Merchants Bank Of Hill City Use Equifax?

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

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

Products

Does Farmers And Merchants Bank Of Hill City offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers And Merchants Bank Of Hill City offer personal loans?

Compare personal loan rates here.

Does Farmers And Merchants Bank Of Hill City offer student loans?

Will Farmers And Merchants Bank Of Hill City cash a check?

Will Farmers And Merchants Bank Of Hill City redeem a savings bond?

Does Farmers And Merchants Bank Of Hill City cash savings bonds?

Will Farmers And Merchants Bank Of Hill City cash money orders?

Can Farmers And Merchants Bank Of Hill City issue a money order?

Does Farmers And Merchants Bank Of Hill City do currency exchange?

Background on The Bank

Who owns Farmers And Merchants Bank Of Hill City?

How long has Farmers And Merchants Bank Of Hill City been around?

Can Farmers And Merchants Bank Of Hill City transfer to other banks?

Does Farmers And Merchants Bank Of Hill City have quick pay?

Does Farmers And Merchants Bank Of Hill City accept rolled coins?

Will Farmers And Merchants Bank Of Hill City accept loose change?

Where is Farmers And Merchants Bank Of Hill City headquarters?

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