Farmers and Merchants Bank of South Carolina
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 40.0 and a capital leverage ratio of 15.6. A current level of 1.7 percent of nonperforming loans to core capital combined with 2.2 percent from a year earlier contributes to the Excellent asset quality (9.6).
Other Rating Factors:
Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 1.6 has resulted in Excellent (8.7) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.5 on a scale of 0 to 10).
Asset Mix:
Securities (45%), cash (22%), comm re (11%), home mtgs (6%), consumer loans (2%), comm loans (1%), home eq lns (1%), other (13%)
States with Branches:
SC
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
FMB of S.C. Bancshares, Inc.
Investment Rating
--
Address
8624 Old State Road
Holly Hill, SC 29059
Holly Hill, SC 29059
Phone Number
(803) 496-3430
Year Founded
1912
FDIC Number
Website
Largest Affiliates
No affiliate information available.