Farmers & Merchants Bank
Major Rating Factors:
Excellent current capitalization (7.2 on a scale of 0 to 10) based on a risk-based capital ratio of 14.4 and a capital leverage ratio of 9.1. A current level of 4.9 percent of nonperforming loans to core capital combined with 10.0 percent from a year earlier contributes to the Good asset quality (6.3).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.2 has resulted in Good (5.2) profitability.
Asset Mix:
Securities (24%), home mtgs (20%), comm re (15%), consumer loans (6%), comm loans (4%), home eq lns (4%), cash (2%), other (25%)
States with Branches:
VA
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
F & M Bank Corp.
Investment Rating
Address
205 South Main Street
Timberville, VA 22853
Timberville, VA 22853
Phone Number
(540) 896-8941
Year Founded
1908
FDIC Number
Website
Largest Affiliates
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