Farmers and Merchants Bank of Mound City, Kansas

Headquarters

103 S. 5th St.
Mound City, KS 66056
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.65% →
1-Year CD 0.35% 0.70% →
2-Year CD 0.75% 0.75% →
5-Year CD 1.26% 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 Mound City, Kansas is an FDIC insured institution located in Mound City, KS. It was founded in 1893 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 14024
Date Established 1893
Assets $ 44.63 million
Loans $ 29.29 million
Deposits $ 41.32 million
Capital $ 3.25 million
 

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

Deposit Rates - June 17, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $1 - Learn More
Money Market
0.10% $1,000 - Learn More
CD Rates APY MIN MAX
6 Mo CD
0.20% $1,000 - Learn More
12 Mo CD
0.35% $1,000 - Learn More
24 Mo CD
0.75% $1,000 - Learn More
36 Mo CD
1.00% $1,000 - Learn More
48 Mo CD
1.16% $1,000 - Learn More
60 Mo CD
1.26% $1,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,500 - Learn MoreShow Less
 

Loan Rates - June 17, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Farmers and Merchants Bank of Mound City, Kansas

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
2.582% 2.500%
0.63 points
$2,700 fees
$988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.465% 3.375%
0.63 points
$2,812 fees
$1,106 Learn More
CIT Bank
NMLS ID: 541760
2.983% 2.950%
0.38 points
$1,055 fees
$1,048 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.669% 2.625%
0.63 points
$1,435 fees
$1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.990 %
After Intro: 4.840 %
Intro Period: 12 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 Mound City, Kansas
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Farmers and Merchants Bank of Mound City, Kansas 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:
Fairfield,Connecticut


Farmers and Merchants Bank of Mound City, Kansas Locations


Financial Details

Farmers and Merchants Bank of Mound City, Kansas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers and Merchants Bank of Mound City, Kansas. 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 Mound City, Kansas U.S. Bank Average
4.35% 5.49%

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 December 31, 2020, Farmers and Merchants Bank of Mound City, Kansas had $80,000 in non-current loans and $79,000 in owned real estate. To cover these potential losses it had $3,252,000 in equity and $404,000 in loans loss reserves. That gives it a Texas Ratio of 4.35%.

Return on Equity
Farmers and Merchants Bank of Mound City, Kansas U.S. Bank Average
13.5% 9.24%

Farmers and Merchants Bank of Mound City, Kansas has a Return on Equity of 13.5% versus the BestCashCow average of 9.24%. 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 Mound City, Kansas U.S. Bank Average
7.29% 11.96%

Farmers and Merchants Bank of Mound City, Kansas has a Capitalization of 7.29% versus the BestCashCow average of 11.96. 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 Mound City, Kansas Balance Sheet Analysis

As of December 31, 2020, Farmers and Merchants Bank of Mound City, Kansas had assets of $44,625,000, loans of $29,290,000, and deposits of $41,318,000. 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

December 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 7.27 million
Interest-bearing balances $ 6.63 million
Total securities $ 6.45 million
Federal funds sold and reverse repurchase $ 0.44 million
Net loans and leases $ 29.29 million
Loan loss allowance $ 0.40 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.08 million
Goodwill and other intangibles N.A.
All other assets $ 0.52 million
     Total Assets $ 41.37 million
LIABILITIES
Total deposits $ 41.32 million
      Interest-bearing deposits $ 28.82 million
      Deposits held in domestic offices $ 41.32 million
      % insured (estimated) 85.24%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.06 million
      Total Liabilities $ 41.37 million
      Shareholders’ Equity $ 3.25 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.95 million
Total Interest Expense $ 0.31 million
Net interest income $ 1.64 million
Provision for loan and lease losses $ 0.06 million
Total non interest income $ 0.12 million
Total non interest expense $ 1.23 million
Pre-tax Net Operating Income $ 0.47 million

Bank Loan Profile?

The top three loan types in Farmers and Merchants Bank of Mound City, Kansas’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Kansas, Farmers and Merchants Bank of Mound City, Kansas has a significantly higher percent of 1-4 Family Residential 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 46.10
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.99
Small Business Loans 11.28
Construction and Development Loans 0.96
Commercial Real Estate 11.28
Commercial and Industrial Loans 17.71
Farm Loans 8.33

Frequently Asked Questions About Farmers And Merchants Bank Of Mound City, Kansas

Branches and Savings

Is Farmers And Merchants Bank Of Mound City, Kansas FDIC insured?

Yes. It is covered under FDIC Certificate #14024.

Why does Farmers And Merchants Bank Of Mound City, Kansas 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 Mound City, Kansas CD rates not competitive?

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

Is Farmers And Merchants Bank Of Mound City, Kansas a commercial bank?

Yes

Where are Farmers And Merchants Bank Of Mound City, Kansas locations?

See branch locations nearby.

Is Farmers And Merchants Bank Of Mound City, Kansas open on Saturdays?

Is Farmers And Merchants Bank Of Mound City, Kansas open on Sundays?

What time does Farmers And Merchants Bank Of Mound City, Kansas open?

What time does Farmers And Merchants Bank Of Mound City, Kansas close?

Are Farmers And Merchants Bank Of Mound City, Kansas ATMs Open 24/7?

Do Farmers And Merchants Bank Of Mound City, Kansas ATMs accept cash deposits?

Can Farmers And Merchants Bank Of Mound City, Kansas customers use other ATMs?

Do Farmers And Merchants Bank Of Mound City, Kansas branches have notaries?

Will Farmers And Merchants Bank Of Mound City, Kansas notarize my document?

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

Will the Farmers And Merchants Bank Of Mound City, Kansas branch print checks?

Do Farmers And Merchants Bank Of Mound City, Kansas checks expire?

Does Farmers And Merchants Bank Of Mound City, Kansas require US citizenship to open account?

Can Farmers And Merchants Bank Of Mound City, Kansas close my account?

Does Farmers And Merchants Bank Of Mound City, Kansas Report to credit bureaus?

Does Farmers And Merchants Bank Of Mound City, Kansas Use Equifax?

What is Farmers And Merchants Bank Of Mound City, Kansas's ACH Routing Number?

What is Farmers And Merchants Bank Of Mound City, Kansas's SWIFT code?

Products

Does Farmers And Merchants Bank Of Mound City, Kansas offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers And Merchants Bank Of Mound City, Kansas offer personal loans?

Compare personal loan rates here.

Does Farmers And Merchants Bank Of Mound City, Kansas offer student loans?

Will Farmers And Merchants Bank Of Mound City, Kansas cash a check?

Will Farmers And Merchants Bank Of Mound City, Kansas redeem a savings bond?

Does Farmers And Merchants Bank Of Mound City, Kansas cash savings bonds?

Will Farmers And Merchants Bank Of Mound City, Kansas cash money orders?

Can Farmers And Merchants Bank Of Mound City, Kansas issue a money order?

Does Farmers And Merchants Bank Of Mound City, Kansas do currency exchange?

Background on The Bank

Who owns Farmers And Merchants Bank Of Mound City, Kansas?

How long has Farmers And Merchants Bank Of Mound City, Kansas been around?

Can Farmers And Merchants Bank Of Mound City, Kansas transfer to other banks?

Does Farmers And Merchants Bank Of Mound City, Kansas have quick pay?

Does Farmers And Merchants Bank Of Mound City, Kansas accept rolled coins?

Will Farmers And Merchants Bank Of Mound City, Kansas accept loose change?

Where is Farmers And Merchants Bank Of Mound City, Kansas headquarters?

Customer Reviews for Farmers and Merchants Bank of Mound City, Kansas

There are currently no comments for Farmers and Merchants Bank of Mound City, Kansas. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →