Total Assets
$966M
Total balance-sheet footings
2026 data FDIC sourced Public-data reference.
Farmers & Merchants Bank — FDIC Bank Health Profile
Granite Quarry, North Carolina · Est. 1909. Free, sourced from the FDIC BankFind Suite — refreshed each quarter and cross-checked against the FDIC Call Report.
State chartered State member bank FDIC Cert #2036 Atlanta Region
B
Health grade
Good
Score: 77/100
Basel III capital ratios — Farmers & Merchants Bank
Total Deposits
$814M
Customer-funded liabilities
Net Loans
$520M
Outstanding loan book
Net Income
$21M
Bottom-line earnings
Safety Metrics
Tier 1 capital ratio
Well-capitalized 10%
24.57% of risk-weighted assets — above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
Core capital ÷ risk-weighted assets. Well-capitalized: ≥10%
24.57%
Texas Ratio
Non-performing loans ÷ equity. Danger zone: >100%
—
Equity Capital
Tangible book value as a capital buffer
$144M
Profitability Metrics
Return on Assets (ROA)
Net income ÷ assets. Healthy: ≥1%
2.24%
Return on Equity (ROE)
Net income ÷ equity. Industry avg: ~10%
15.52%
Efficiency Ratio
Operating costs ÷ revenue. Efficient: <60%
52.14%
Income & Expense Breakdown
$52M
Interest Income
$9M
Non-Interest Income
$29M
Non-Interest Expense
FDIC Deposit Insurance
Farmers & Merchants Bank is FDIC-insured (Certificate #2036). Your deposits are protected up to $250,000 per depositor, per account category regardless of this bank's health grade.
What the Numbers Say About Farmers & Merchants Bank
Farmers & Merchants Bank is an FDIC-insured institution (Certificate #2036) headquartered in Granite Quarry, North Carolina, established in 1909. The bank currently holds $966M in total assets and $814M in customer deposits, with $520M deployed as loans. It operates as a State chartered (State member bank) within the FDIC Atlanta region. These figures come directly from the bank's quarterly FDIC Call Report and reflect the balance sheet as of the latest regulatory filing.
On safety metrics, Farmers & Merchants Bank reports a Tier 1 Capital Ratio of 24.57% — above the 10% federal threshold for "well-capitalized" status and a Texas Ratio of —. Equity capital stands at $144M, serving as the tangible buffer against loan losses. On profitability, the bank posted a Return on Assets of 2.24% and a Return on Equity of 15.52%, with an Efficiency Ratio of 52.14% — below the 60% mark considered efficient for the industry. The combined picture yields a PlainBankData health grade of B (77/100), a composite score that blends all four dimensions.
Not financial advice. This page summarizes public FDIC Call Report data for informational purposes only. Health grades are our interpretation of regulatory filings and are not official FDIC ratings, endorsements, or predictions. Regardless of grade, every dollar on deposit at Farmers & Merchants Bank is protected by FDIC insurance up to $250,000 per depositor, per ownership category — even if the bank were to fail. For decisions about where to hold deposits, consult a qualified financial professional and verify the latest figures directly at the FDIC's BankFind Suite.
Top 5 banks in North Carolina by total assets
Source: FDIC BankFind Suite — Call Report (FFIEC 031/041) + CRA performance data Farmers & Merchants Bank (FDIC Cert #2036) — Tier 1 capital ratio, total assets, deposits, CRA rating · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other Banks in North Carolina
All North Carolina banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Bank of America, National Association Charlotte | $2.6T | B | 1.15% |
| Truist Bank Charlotte | $539.5B | C | 1.04% |
| First-Citizens Bank & Trust Company Raleigh | $229.3B | C | 1.00% |
| Live Oak Banking Company Wilmington | $15.1B | C | 0.82% |
| First Bank Southern Pines | $12.7B | C | 0.94% |
| Southern Bank and Trust Company Mount Olive | $5.2B | B | 1.19% |
| HomeTrust Bank Asheville | $4.5B | B | 1.43% |
| The Fidelity Bank Fuquay Varina | $4.4B | A | 1.74% |
Frequently Asked Questions
What is Farmers & Merchants Bank's health grade? ▼
Farmers & Merchants Bank receives a health grade of B (77/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is Farmers & Merchants Bank? ▼
Farmers & Merchants Bank holds $966M in total assets and $814M in deposits. It is headquartered in Granite Quarry, North Carolina.
Is my money safe at Farmers & Merchants Bank? ▼
Yes. Farmers & Merchants Bank is FDIC-insured (Certificate #2036). Your deposits are protected up to $250,000 per depositor, per account category, regardless of the bank's health grade. If a bank fails, the FDIC typically makes insured deposits available within one business day.
What is Farmers & Merchants Bank's Tier 1 Capital Ratio? ▼
Farmers & Merchants Bank has a Tier 1 Capital Ratio of 24.57%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
How efficient is Farmers & Merchants Bank? ▼
Farmers & Merchants Bank has an Efficiency Ratio of 52.14%. Below 60% is considered efficient — the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
Bank Safety Guides
Related Data Sources
Data from the FDIC BankFind Suite API. Financial data as of Q4 2025.
Related
Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainBankData Editorial
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the FDIC BankFind Suite. Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.