Farmers & Merchants Bank, of Orfordville

Headquarters

303 Spring Street
Orfordville, WI 53576
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 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 Orfordville is an FDIC insured institution located in Orfordville, WI. It was founded in 1901 and has approximately $0.06 billion in assets.

FDIC Insured Yes
FDIC Certificate # 15173
Date Established 1901
Assets $ 54.40 million
Loans $ 32.33 million
Deposits $ 49.18 million
Capital $ 10.10 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Farmers & Merchants Bank, of Orfordville

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
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 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
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
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Note to Farmers & Merchants Bank, of Orfordville
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Branches

Farmers & Merchants Bank, of Orfordville 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 Orfordville Locations


Financial Details

Farmers & Merchants Bank, of Orfordville Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers & Merchants Bank, of Orfordville. 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 Orfordville U.S. Bank Average
3.11% 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 Orfordville had $314,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $10,101,000 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of 3.11%.

Return on Equity
Farmers & Merchants Bank, of Orfordville U.S. Bank Average
1.6% 7.80%

Farmers & Merchants Bank, of Orfordville has a Return on Equity of 1.6% 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 Orfordville U.S. Bank Average
18.57% 12.68%

Farmers & Merchants Bank, of Orfordville has a Capitalization of 18.57% 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 Orfordville Balance Sheet Analysis

As of December 31, 2019, Farmers & Merchants Bank, of Orfordville had assets of $60,671,000, loans of $32,331,000, and deposits of $49,178,000. 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 $ 13.34 million
Interest-bearing balances $ 12.41 million
Total securities $ 8.56 million
Federal funds sold and reverse repurchase $ 1.81 million
Net loans and leases $ 32.33 million
Loan loss allowance N.A.
Trading account assets $ 0.11 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 2.73 million
All other assets $ 1.41 million
     Total Assets $ 50.57 million
LIABILITIES
Total deposits $ 49.18 million
      Interest-bearing deposits $ 39.77 million
      Deposits held in domestic offices $ 49.18 million
      % insured (estimated) 88.29%
Federal funds purchased and repurchase agreements $ 0.64 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.76 million
      Total Liabilities $ 50.57 million
      Shareholders’ Equity $ 3.83 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.56 million
Total Interest Expense $ 0.12 million
Net interest income $ 0.44 million
Provision for loan and lease losses $ 0.06 million
Total non interest income $ 0.08 million
Total non interest expense $ 0.22 million
Pre-tax Net Operating Income $ 0.24 million

Bank Loan Profile?

The top three loan types in Farmers & Merchants Bank, of Orfordville’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Small Business Loans.

Compared to other banks in Wisconsin, Farmers & Merchants Bank, of Orfordville has a significantly higher percent of 1-4 Family Residential Loans, Consumer Auto 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 47.28
Multifamily
Mortgages
2.16
Credit Card Loans 0.07
Consumer Auto Loans 3.51
Small Business Loans 7.58
Construction and Development Loans 0.79
Commercial Real Estate 7.58
Commercial and Industrial Loans 6.84
Farm Loans 9.84

Frequently Asked Questions About Farmers & Merchants Bank, Of Orfordville

Branches and Savings

Is Farmers & Merchants Bank, Of Orfordville FDIC insured?

Yes. It is covered under FDIC Certificate #15173.

Why does Farmers & Merchants Bank, Of Orfordville 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 Orfordville CD rates not competitive?

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

Is Farmers & Merchants Bank, Of Orfordville a commercial bank?

Yes

Where are Farmers & Merchants Bank, Of Orfordville locations?

See branch locations nearby.

Is Farmers & Merchants Bank, Of Orfordville open on Saturdays?

Is Farmers & Merchants Bank, Of Orfordville open on Sundays?

What time does Farmers & Merchants Bank, Of Orfordville open?

What time does Farmers & Merchants Bank, Of Orfordville close?

Are Farmers & Merchants Bank, Of Orfordville ATMs Open 24/7?

Do Farmers & Merchants Bank, Of Orfordville ATMs accept cash deposits?

Can Farmers & Merchants Bank, Of Orfordville customers use other ATMs?

Do Farmers & Merchants Bank, Of Orfordville branches have notaries?

Will Farmers & Merchants Bank, Of Orfordville notarize my document?

What address for Farmers & Merchants Bank, Of Orfordville should I put for incoming ACH transfers?

Will the Farmers & Merchants Bank, Of Orfordville branch print checks?

Do Farmers & Merchants Bank, Of Orfordville checks expire?

Does Farmers & Merchants Bank, Of Orfordville require US citizenship to open account?

Can Farmers & Merchants Bank, Of Orfordville close my account?

Does Farmers & Merchants Bank, Of Orfordville Report to credit bureaus?

Does Farmers & Merchants Bank, Of Orfordville Use Equifax?

What is Farmers & Merchants Bank, Of Orfordville's ACH Routing Number?

What is Farmers & Merchants Bank, Of Orfordville's SWIFT code?

Products

Does Farmers & Merchants Bank, Of Orfordville offer mortgages?

Compare mortgage rates here.

Does Farmers & Merchants Bank, Of Orfordville offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Farmers & Merchants Bank, Of Orfordville offer personal loans?

Compare personal loan rates here.

Does Farmers & Merchants Bank, Of Orfordville offer student loans?

Will Farmers & Merchants Bank, Of Orfordville cash a check?

Will Farmers & Merchants Bank, Of Orfordville redeem a savings bond?

Does Farmers & Merchants Bank, Of Orfordville cash savings bonds?

Will Farmers & Merchants Bank, Of Orfordville cash money orders?

Can Farmers & Merchants Bank, Of Orfordville issue a money order?

Does Farmers & Merchants Bank, Of Orfordville do currency exchange?

Background on The Bank

Who owns Farmers & Merchants Bank, Of Orfordville?

How long has Farmers & Merchants Bank, Of Orfordville been around?

Can Farmers & Merchants Bank, Of Orfordville transfer to other banks?

Does Farmers & Merchants Bank, Of Orfordville have quick pay?

Does Farmers & Merchants Bank, Of Orfordville accept rolled coins?

Will Farmers & Merchants Bank, Of Orfordville accept loose change?

Where is Farmers & Merchants Bank, Of Orfordville headquarters?

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