Farmers and Merchants Bank of St. Clair

Headquarters

530 South Main Street
Saint Clair, MO 63077
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.95% →
1-Year CD 0.50% 1.01% →
2-Year CD 0.60% 0.95% →
5-Year CD 1.00% 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 St. Clair is an FDIC insured institution located in Saint Clair, MO. It was founded in 1913 and has approximately $0.22 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 14056
Date Established 1913
Assets $ 216.22 million
Loans $ 145.12 million
Deposits $ 186.70 million
Capital $ 28.21 million
 

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

Deposit Rates - October 27, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.30% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 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
0.45% $10,000 $14,999 Learn More
6 Mo CD
0.45% $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
18 Mo CD
0.59% $10,000 $14,999 Learn More
18 Mo CD
0.59% $100,000 $199,999 Learn More
Special: 19 Mo CD
0.79% $5,000 - Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
30 Mo CD
0.70% $10,000 $14,999 Learn More
30 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More
48 Mo CD
0.90% $10,000 $14,999 Learn More
48 Mo CD
0.90% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $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 - October 27, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Farmers and Merchants Bank of St. Clair

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
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.555% 2.500% 0.75 $1,821 $988 Learn More
First Internet Bank
NMLS ID: 424182
2.574% 2.500% 1.00 $2,432 $988 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.666% 2.625% 0.50 $1,335 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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

Branches

Farmers and Merchants Bank of St. Clair 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 St. Clair Locations


Financial Details

Farmers and Merchants Bank of St. Clair Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers and Merchants Bank of St. Clair. 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 St. Clair U.S. Bank Average
0.82% 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 St. Clair had $243,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $28,206,000 in equity and $1,536,000 in loans loss reserves. That gives it a Texas Ratio of 0.82%.

Return on Equity
Farmers and Merchants Bank of St. Clair U.S. Bank Average
7.06% 7.80%

Farmers and Merchants Bank of St. Clair has a Return on Equity of 7.06% 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 St. Clair U.S. Bank Average
13.04% 12.68%

Farmers and Merchants Bank of St. Clair has a Capitalization of 13.04% 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 St. Clair Balance Sheet Analysis

As of March 31, 2020, Farmers and Merchants Bank of St. Clair had assets of $216,224,000, loans of $145,121,000, and deposits of $186,698,000. 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 $ 22.10 million
Interest-bearing balances $ 20.03 million
Total securities $ 32.07 million
Federal funds sold and reverse repurchase $ 2.29 million
Net loans and leases $ 145.12 million
Loan loss allowance $ 1.54 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.12 million
All other assets $ 7.48 million
     Total Assets $ 188.02 million
LIABILITIES
Total deposits $ 186.70 million
      Interest-bearing deposits $ 150.96 million
      Deposits held in domestic offices $ 186.70 million
      % insured (estimated) 89.51%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 0.40 million
Subordinated debt N.A.
All other liabilities $ 0.92 million
      Total Liabilities $ 188.02 million
      Shareholders’ Equity $ 28.21 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.49 million
Total Interest Expense $ 0.35 million
Net interest income $ 1.13 million
Provision for loan and lease losses $ 0.04 million
Total non interest income $ 0.64 million
Total non interest expense $ 1.08 million
Pre-tax Net Operating Income $ 0.65 million

Bank Loan Profile?

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

Compared to other banks in Missouri, Farmers and Merchants Bank of St. Clair has a significantly higher percent of Multifamily Mortgages 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 39.76
Multifamily
Mortgages
14.38
Credit Card Loans 0.00
Consumer Auto Loans 1.13
Small Business Loans 0.00
Construction and Development Loans 9.24
Commercial Real Estate 23.95
Commercial and Industrial Loans 11.11
Farm Loans 0.08

Frequently Asked Questions About Farmers And Merchants Bank Of St. Clair

Branches and Savings

Is Farmers And Merchants Bank Of St. Clair FDIC insured?

Yes. It is covered under FDIC Certificate #14056.

Why does Farmers And Merchants Bank Of St. Clair 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 St. Clair CD rates not competitive?

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

Is Farmers And Merchants Bank Of St. Clair a commercial bank?

Yes

Where are Farmers And Merchants Bank Of St. Clair locations?

See branch locations nearby.

Is Farmers And Merchants Bank Of St. Clair open on Saturdays?

Is Farmers And Merchants Bank Of St. Clair open on Sundays?

What time does Farmers And Merchants Bank Of St. Clair open?

What time does Farmers And Merchants Bank Of St. Clair close?

Are Farmers And Merchants Bank Of St. Clair ATMs Open 24/7?

Do Farmers And Merchants Bank Of St. Clair ATMs accept cash deposits?

Can Farmers And Merchants Bank Of St. Clair customers use other ATMs?

Do Farmers And Merchants Bank Of St. Clair branches have notaries?

Will Farmers And Merchants Bank Of St. Clair notarize my document?

What address for Farmers And Merchants Bank Of St. Clair should I put for incoming ACH transfers?

Will the Farmers And Merchants Bank Of St. Clair branch print checks?

Do Farmers And Merchants Bank Of St. Clair checks expire?

Does Farmers And Merchants Bank Of St. Clair require US citizenship to open account?

Can Farmers And Merchants Bank Of St. Clair close my account?

Does Farmers And Merchants Bank Of St. Clair Report to credit bureaus?

Does Farmers And Merchants Bank Of St. Clair Use Equifax?

What is Farmers And Merchants Bank Of St. Clair's ACH Routing Number?

What is Farmers And Merchants Bank Of St. Clair's SWIFT code?

Products

Does Farmers And Merchants Bank Of St. Clair offer mortgages?

Compare mortgage rates here.

Does Farmers And Merchants Bank Of St. Clair offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Farmers And Merchants Bank Of St. Clair offer personal loans?

Compare personal loan rates here.

Does Farmers And Merchants Bank Of St. Clair offer student loans?

Will Farmers And Merchants Bank Of St. Clair cash a check?

Will Farmers And Merchants Bank Of St. Clair redeem a savings bond?

Does Farmers And Merchants Bank Of St. Clair cash savings bonds?

Will Farmers And Merchants Bank Of St. Clair cash money orders?

Can Farmers And Merchants Bank Of St. Clair issue a money order?

Does Farmers And Merchants Bank Of St. Clair do currency exchange?

Background on The Bank

Who owns Farmers And Merchants Bank Of St. Clair?

How long has Farmers And Merchants Bank Of St. Clair been around?

Can Farmers And Merchants Bank Of St. Clair transfer to other banks?

Does Farmers And Merchants Bank Of St. Clair have quick pay?

Does Farmers And Merchants Bank Of St. Clair accept rolled coins?

Will Farmers And Merchants Bank Of St. Clair accept loose change?

Where is Farmers And Merchants Bank Of St. Clair headquarters?

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