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 (8.5 on a scale of 0 to 10). Good current capitalization (6.7 on a scale of 0 to 10) based on a risk-based capital ratio of 12.3 and a capital leverage ratio of 8.7.
Other Rating Factors:
A current level of 0.9 percent of nonperforming loans to core capital combined with 6.4 percent from a year earlier contributes to the Good asset quality (6.3). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.8 has resulted in Fair (4.2) profitability.
Asset Mix:
Comm re (31%), home mtgs (13%), securities (12%), comm loans (8%), cash (7%), home eq lns (2%), consumer loans (2%), other (25%)
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
No affiliate information available.