Farmers and Merchants Bank of Kendall

Headquarters

102 E S Railroad St
Kendall, WI 54638
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.50% 0.95% →
2-Year CD 0.55% 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Farmers and Merchants Bank of Kendall is an FDIC insured institution located in Kendall, WI. It was founded in 1913 and has approximately $0.07 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 12355
Date Established 1913
Assets $ 73.82 million
Loans $ 63.10 million
Deposits $ 60.46 million
Capital $ 11.82 million
 

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

Deposit Rates - September 22, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.35% $10,000 $14,999 Learn More
3 Mo CD
0.35% $100,000 $199,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.55% $10,000 $14,999 Learn More
24 Mo CD
0.55% $100,000 $199,999 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 22, 2020

Your Current Location: Virginia, VA 20146

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

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.816% 2.750% 0.88 $2,132 $1,021 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
3.500 %
$25,000 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Farmers and Merchants Bank of Kendall
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Branches

Farmers and Merchants Bank of Kendall 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 Kendall Locations


Financial Details

Farmers and Merchants Bank of Kendall Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers and Merchants Bank of Kendall. 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 Kendall U.S. Bank Average
6.86% 6.94%

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, 2020, Farmers and Merchants Bank of Kendall had $853,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,816,000 in equity and $622,000 in loans loss reserves. That gives it a Texas Ratio of 6.86%.

Return on Equity
Farmers and Merchants Bank of Kendall U.S. Bank Average
15.49% 7.80%

Farmers and Merchants Bank of Kendall has a Return on Equity of 15.49% versus the BestCashCow average of 7.80%. 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 Kendall U.S. Bank Average
16.01% 12.68%

Farmers and Merchants Bank of Kendall has a Capitalization of 16.01% versus the BestCashCow average of 12.68. 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 Kendall Balance Sheet Analysis

As of March 31, 2020, Farmers and Merchants Bank of Kendall had assets of $73,817,000, loans of $63,101,000, and deposits of $60,460,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 5.73 million
Interest-bearing balances $ 4.12 million
Total securities N.A.
Federal funds sold and reverse repurchase $ 3.44 million
Net loans and leases $ 63.10 million
Loan loss allowance $ 0.62 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.11 million
All other assets $ 0.74 million
     Total Assets $ 62.00 million
LIABILITIES
Total deposits $ 60.46 million
      Interest-bearing deposits $ 46.81 million
      Deposits held in domestic offices $ 60.46 million
      % insured (estimated) 91.41%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.09 million
Subordinated debt N.A.
All other liabilities $ 0.46 million
      Total Liabilities $ 62.00 million
      Shareholders’ Equity $ 11.82 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.01 million
Total Interest Expense $ 0.15 million
Net interest income $ 0.85 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.15 million
Total non interest expense $ 0.50 million
Pre-tax Net Operating Income $ 0.48 million

Bank Loan Profile?

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

Compared to other banks in Wisconsin, Farmers and Merchants Bank of Kendall has a significantly higher percent of 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 10.06
Multifamily
Mortgages
1.51
Credit Card Loans 0.00
Consumer Auto Loans 0.75
Small Business Loans 0.00
Construction and Development Loans 0.37
Commercial Real Estate 6.14
Commercial and Industrial Loans 4.53
Farm Loans 26.35

Frequently Asked Questions About Farmers And Merchants Bank Of Kendall

Branches and Savings

Is Farmers And Merchants Bank Of Kendall FDIC insured?

Yes. It is covered under FDIC Certificate #12355.

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

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

Is Farmers And Merchants Bank Of Kendall a commercial bank?

Yes

Where are Farmers And Merchants Bank Of Kendall locations?

See branch locations nearby.

Is Farmers And Merchants Bank Of Kendall open on Saturdays?

Is Farmers And Merchants Bank Of Kendall open on Sundays?

What time does Farmers And Merchants Bank Of Kendall open?

What time does Farmers And Merchants Bank Of Kendall close?

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

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

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

Do Farmers And Merchants Bank Of Kendall branches have notaries?

Will Farmers And Merchants Bank Of Kendall notarize my document?

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

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

Do Farmers And Merchants Bank Of Kendall checks expire?

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

Can Farmers And Merchants Bank Of Kendall close my account?

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

Does Farmers And Merchants Bank Of Kendall Use Equifax?

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

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

Products

Does Farmers And Merchants Bank Of Kendall offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers And Merchants Bank Of Kendall offer personal loans?

Compare personal loan rates here.

Does Farmers And Merchants Bank Of Kendall offer student loans?

Will Farmers And Merchants Bank Of Kendall cash a check?

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

Does Farmers And Merchants Bank Of Kendall cash savings bonds?

Will Farmers And Merchants Bank Of Kendall cash money orders?

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

Does Farmers And Merchants Bank Of Kendall do currency exchange?

Background on The Bank

Who owns Farmers And Merchants Bank Of Kendall?

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

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

Does Farmers And Merchants Bank Of Kendall have quick pay?

Does Farmers And Merchants Bank Of Kendall accept rolled coins?

Will Farmers And Merchants Bank Of Kendall accept loose change?

Where is Farmers And Merchants Bank Of Kendall headquarters?

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