FDIC Cert #2036 · Granite Quarry, North Carolina · Est. 1909

Farmers & Merchants Bank - FDIC Bank Health Profile

A community-scale look at Farmers & Merchants Bank's own numbers, pulled straight from its quarterly FDIC Call Report.

Compiled from official public sources by the publisher.
$966M
Total assets
A
Health grade · Excellent
2.24%
Return on assets
24.6%
Tier 1 capital

Data updated July 2026

The verdict

Farmers & Merchants Bank earns a PlainBankData health grade of A (97/100), with well-capitalized at 24.57% Tier 1, profitable at 2.24% ROA, efficient (52% cost ratio).

#1,077
largest of 4,313 FDIC banks by assets
75th
percentile by asset size, nationally
24.57%
Tier 1 ratio - above the 10% well-capitalized line
94th
percentile for profitability (ROA), nationally

The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.

FDIC Call Report plate

Cert 2036 · NC A · 97/100

GRADE-A · TOP-DECILE · PHOTO-FINISH · TIER1-WELL · TEXAS-CLEAN · ROA-STRONG · SIZE-MID · BOOK-FULL

  • GRADE-A A (97/100)
  • TOP-DECILE #173/4307
  • PHOTO-FINISH Western Bank · NM
  • TIER1-WELL 24.6% Tier 1
  • TEXAS-CLEAN 2.1% Texas
  • ROA-STRONG 2.24% ROA
  • SIZE-MID $100M–1B
  • BOOK-FULL 9/9 fields

Nearest health peer outside North Carolina: Western Bank, NM (±0 health pts)

Instrument codes from this bank’s FDIC Call Report sheet: grade band, health peer rank, photo-finish gap, Tier 1, Texas Ratio, ROA, size band, and book completeness. Not an official FDIC rating.

Health-score neighbourhood around Farmers & Merchants Bank

Lowest and highest poles plus nearest scored peers outside North Carolina, not a full FDIC corpus board reprint.

Morgan Stanley Bank,… · UT ·…100/100Bank of Stockton · CA · near97/100Farmers & Merchants… · NC · …97/100The Farmers Bank · TN · near97/100The Salyersville Nat… · KY ·…97/100Western Bank · NM · near97/100Tioga-Franklin Savin… · PA ·…0/100
PlainBankData health composite · neighbourhood around Farmers & Merchants Bank · July 2026

What Farmers & Merchants Bank's Call Report plate shows

Farmers & Merchants Bank (FDIC Cert #2036) carries a PlainBankData health grade of A at 97/100, built only from this bank's own Call Report Tier 1 capital, ROA, Texas Ratio, and efficiency inputs. On the scored corpus it sits at health rank #173 of 4,307. Tier 1 capital prints at 24.57%, clearing the 10% well-capitalized line. The Texas Ratio is 2.15%, inside the sub-50% band analysts treat as healthy. Return on assets is 2.24%. Balance-sheet scale is $966M, 1,077th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is Western Bank (NM), tied on the composite. These are instrument codes from the Call Report sheet, not an official FDIC CAMELS rating, and insured deposits stay protected to $250,000 per depositor per ownership category regardless of grade. Compare the plate stamps against the score breakdown and the health-score neighbourhood before treating any single ratio as decisive.

State failure history around Farmers & Merchants Bank

7 FAILURE resolutions in North Carolina since 2000 (7 since 2008)

Farmers & Merchants Bank's home state sits in the middle band of post-2000 FAILURE counts (7; 7 since the 2008 crisis window). Recent named resolutions below are Failed Bank List rows for this state only; Farmers & Merchants Bank remains an active FDIC-insured reporter.

  • PISGAH COMMUNITY BANK ASHEVILLE, NC 2013 → CAPITAL BANK, NATIONAL ASSOCIATION
  • PARKWAY BANK LENOIR, NC 2013 → CERTUSBANK, NATIONAL ASSOCIATION
  • WACCAMAW BANK WHITEVILLE, NC 2012 → FIRST COMMUNITY BANK

Source: FDIC Failed Bank List (resolution_type=FAILURE only; ASSISTANCE excluded). See the depositor failures guide and North Carolina banks.

How Farmers & Merchants Bank's 97/100 score adds up

Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.

0/100100/100National avg77/10097/100
Farmers & Merchants Bank's composite health score
Tier 1 Capital Ratio (24.57%) 40/40
Return on Assets (ROA) (2.24%) 25/25
Texas Ratio (2.15%) 20/20
Efficiency Ratio (52.14%) 12/15

97 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.

Balance sheet at a glance

Total Assets

$966M

Total balance-sheet footings

Total Deposits

$814M

Customer-funded liabilities

Net Loans

$520M

Outstanding loan book

Net Income

$21M

Bottom-line earnings

Capital adequacy vs federal thresholds

0% 5% 10% 15% 20% 25% 30% CET1 (≥6.5% req.) Tier 1 (≥8.0% req.) Total (≥10.0% req.) 23.17% 24.57% 25.97%
Basel III capital ratios - Farmers & Merchants Bank

Where Farmers & Merchants Bank ranks

Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Farmers & Merchants Bank's score of 97/100 falls in the highlighted band.

Farmers & Merchants Bank: health score vs. every FDIC-insured bank

0-100 composite health score, FDIC Call Reports

97 Top 4% higher than 96% of 4,307 FDIC-insured banks

0–10: 3 FDIC-insured banks (0%). Below this entry. 10–20: 6 FDIC-insured banks (0%). Below this entry. 20–30: 26 FDIC-insured banks (1%). Below this entry. 30–40: 36 FDIC-insured banks (1%). Below this entry. 40–50: 98 FDIC-insured banks (2%). Below this entry. 50–60: 279 FDIC-insured banks (6%). Below this entry. 60–70: 777 FDIC-insured banks (18%). Below this entry. 70–80: 1,030 FDIC-insured banks (24%). Below this entry. 80–90: 1,237 FDIC-insured banks (29%). Below this entry. 90–100: 815 FDIC-insured banks (19%). This entry sits in this band. Farmers & Merchants Bank 0 100 every FDIC-insured bank with a health score, bucketed by value

Each bar is a band; taller bars hold more FDIC-insured banks. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FDIC Call Reports · July 2026

Farmers & Merchants Bank's size among FDIC-insured banks

Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Farmers & Merchants Bank's $966M falls in the highlighted band.

Safety ratios for Farmers & Merchants Bank

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
24.57%
Texas Ratio
2.15%
Equity Capital
$144M

What these ratios mean →

Earnings posture at Farmers & Merchants Bank

Return on Assets (ROA)
94th percentile nationally
2.24%
Return on Equity (ROE)
15.52%
Efficiency Ratio
52.14%

What these mean →

Income & expense at Farmers & Merchants Bank

$52M
Interest Income
$9M
Non-Interest Income
$29M
Non-Interest Expense

Asset quality, Texas Ratio detail

The Texas Ratio compares troubled assets to the capital available to absorb losses. Farmers & Merchants Bank reports a Texas Ratio of 2.15% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.

Texas Ratio
Caution 50%

2.15% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.

FDIC Failed Bank List → View Farmers & Merchants Bank on FDIC BankFind →

Top banks in North Carolina by total assets

Largest banks headquartered in North Carolina
  1. 1
    Bank of America $2.64T

    Charlotte, NC · Grade A

  2. 2
    Truist Bank $539.5B

    Charlotte, NC · Grade A

  3. 3
    First-Citizens Bank & Trust Company $229.3B

    Raleigh, NC · Grade B

  4. 4
    Live Oak Banking Company $15.1B

    Wilmington, NC · Grade C

  5. 5
    First Bank $12.7B

    Southern Pines, NC · Grade A

Top 5 banks in North Carolina ranked by total assets · FDIC Call Report Q4 2025.

Nationwide banks with similar total assets

Nearest other-state banks with ≥$10M assets ($966M here), outside North Carolina so the neighborhood is not state containment.

Peoples State Bank $966M · WI International Bank of Chicago $965M · IL Transpecos Banks, SSB $965M · TX Beacon Community Bank $964M · SC

Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Farmers & Merchants Bank (FDIC Cert #2036) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 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.

Farmers & Merchants Bank Call Report profile · FDIC Failed Bank List · North Carolina FAILURE history · Informational only, not financial advice; consult a licensed professional before acting. See the disclaimer and methodology.

Other banks in North Carolina

All North Carolina banks →
BankAssetsGradeROA
Bank of America, National AssociationCharlotte $2.64T A 1.15%
Truist BankCharlotte $539.5B A 1.04%
First-Citizens Bank & Trust CompanyRaleigh $229.3B B 1.00%
Live Oak Banking CompanyWilmington $15.1B C 0.82%
First BankSouthern Pines $12.7B A 0.94%
Southern Bank and Trust CompanyMount Olive $5.2B A 1.19%
HomeTrust BankAsheville $4.5B A 1.43%
The Fidelity BankFuquay Varina $4.4B A 1.74%