Farmers & Merchants Bank of Central California

Headquarters

121 West Pine Street
Lodi, CA 95240
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
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 & Merchants Bank of Central California is an FDIC insured institution located in Lodi, CA. It was founded in 1916 and has approximately $3.72 billion in assets. Customers can open an account at one of its 34 branches.

FDIC Insured Yes
FDIC Certificate # 1331
Date Established 1916
Assets $ 3.72 billion
Loans $ 2.62 billion
Deposits $ 3.26 billion
Capital $ 403.59 million
 

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

Deposit Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.03% $2,500 $4,999 Learn More
Money Market
0.04% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More


Int Checking Rates APY MIN MAX
Int Ckg
0.06% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Farmers & Merchants Bank of Central California

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Connecticut 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 & Merchants Bank of Central California
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Branches

Farmers & Merchants Bank of Central California 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 & Merchants Bank of Central California Locations


Financial Details

Farmers & Merchants Bank of Central California Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers & Merchants Bank of Central California. 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 & Merchants Bank of Central California U.S. Bank Average
0.31% 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 & Merchants Bank of Central California had $549,000 in non-current loans and $873,000 in owned real estate. To cover these potential losses it had $403,592,000 in equity and $54,824,000 in loans loss reserves. That gives it a Texas Ratio of 0.31%.

Return on Equity
Farmers & Merchants Bank of Central California U.S. Bank Average
14.85% 7.80%

Farmers & Merchants Bank of Central California has a Return on Equity of 14.85% 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 & Merchants Bank of Central California U.S. Bank Average
10.85% 12.68%

Farmers & Merchants Bank of Central California has a Capitalization of 10.85% 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 & Merchants Bank of Central California Balance Sheet Analysis

As of March 31, 2020, Farmers & Merchants Bank of Central California had assets of $3,720,220,000, loans of $2,615,285,000, and deposits of $3,256,505,000. 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 $ 283.34 million
Interest-bearing balances $ 225.66 million
Total securities $ 590.54 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.62 billion
Loan loss allowance $ 54.82 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.87 million
Goodwill and other intangibles $ 15.67 million
All other assets $ 168.66 million
     Total Assets $ 3.32 billion
LIABILITIES
Total deposits $ 3.26 billion
      Interest-bearing deposits $ 2.25 billion
      Deposits held in domestic offices $ 3.26 billion
      % insured (estimated) 56.03%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 60.12 million
      Total Liabilities $ 3.32 billion
      Shareholders’ Equity $ 403.59 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 38.57 million
Total Interest Expense $ 3.14 million
Net interest income $ 35.42 million
Provision for loan and lease losses N.A.
Total non interest income $ 3.01 million
Total non interest expense $ 19.33 million
Pre-tax Net Operating Income $ 19.10 million

Bank Loan Profile?

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

Compared to other banks in California, Farmers & Merchants Bank of Central California 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 12.06
Multifamily
Mortgages
1.84
Credit Card Loans 0.00
Consumer Auto Loans 0.41
Small Business Loans 4.00
Construction and Development Loans 4.90
Commercial Real Estate 30.06
Commercial and Industrial Loans 15.26
Farm Loans 10.15

Frequently Asked Questions About Farmers & Merchants Bank Of Central California

Branches and Savings

Is Farmers & Merchants Bank Of Central California FDIC insured?

Yes. It is covered under FDIC Certificate #1331.

Why does Farmers & Merchants Bank Of Central California pay such low interest on savings accounts?

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

Why are Farmers & Merchants Bank Of Central California CD rates not competitive?

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

Is Farmers & Merchants Bank Of Central California a commercial bank?

Yes

Where are Farmers & Merchants Bank Of Central California locations?

See branch locations nearby.

Is Farmers & Merchants Bank Of Central California open on Saturdays?

Is Farmers & Merchants Bank Of Central California open on Sundays?

What time does Farmers & Merchants Bank Of Central California open?

What time does Farmers & Merchants Bank Of Central California close?

Are Farmers & Merchants Bank Of Central California ATMs Open 24/7?

Do Farmers & Merchants Bank Of Central California ATMs accept cash deposits?

Can Farmers & Merchants Bank Of Central California customers use other ATMs?

Do Farmers & Merchants Bank Of Central California branches have notaries?

Will Farmers & Merchants Bank Of Central California notarize my document?

What address for Farmers & Merchants Bank Of Central California should I put for incoming ACH transfers?

Will the Farmers & Merchants Bank Of Central California branch print checks?

Do Farmers & Merchants Bank Of Central California checks expire?

Does Farmers & Merchants Bank Of Central California require US citizenship to open account?

Can Farmers & Merchants Bank Of Central California close my account?

Does Farmers & Merchants Bank Of Central California Report to credit bureaus?

Does Farmers & Merchants Bank Of Central California Use Equifax?

What is Farmers & Merchants Bank Of Central California's ACH Routing Number?

What is Farmers & Merchants Bank Of Central California's SWIFT code?

Products

Does Farmers & Merchants Bank Of Central California offer mortgages?

Compare mortgage rates here.

Does Farmers & Merchants Bank Of Central California offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Farmers & Merchants Bank Of Central California offer personal loans?

Compare personal loan rates here.

Does Farmers & Merchants Bank Of Central California offer student loans?

Will Farmers & Merchants Bank Of Central California cash a check?

Will Farmers & Merchants Bank Of Central California redeem a savings bond?

Does Farmers & Merchants Bank Of Central California cash savings bonds?

Will Farmers & Merchants Bank Of Central California cash money orders?

Can Farmers & Merchants Bank Of Central California issue a money order?

Does Farmers & Merchants Bank Of Central California do currency exchange?

Background on The Bank

Who owns Farmers & Merchants Bank Of Central California?

How long has Farmers & Merchants Bank Of Central California been around?

Can Farmers & Merchants Bank Of Central California transfer to other banks?

Does Farmers & Merchants Bank Of Central California have quick pay?

Does Farmers & Merchants Bank Of Central California accept rolled coins?

Will Farmers & Merchants Bank Of Central California accept loose change?

Where is Farmers & Merchants Bank Of Central California headquarters?

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