Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.1 on a scale of 0 to 10). Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 12.9 and a capital leverage ratio of 9.4.
Other Rating Factors:
A current level of 2.1 percent of nonperforming loans to core capital combined with 0.9 percent from a year earlier contributes to the Excellent asset quality (7.1). Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.3 has resulted in Good (5.5) profitability.
Asset Mix:
Comm re (31%), securities (13%), home mtgs (12%), comm loans (10%), cash (4%), home eq lns (3%), consumer loans (1%), other (26%)
States with Branches:
IN, MI, OH
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
Farmers & Merchants Bancorp, Inc.
Investment Rating
Address
307 North Defiance Street
Archbold, OH 43502
Archbold, OH 43502
Phone Number
(419) 446-2501
Year Founded
1897
FDIC Number
Website
Largest Affiliates
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