Farmers & Merchants Bank, Financial Information

About Farmers & Merchants Bank

 Address:
4 N Carter St
Lakeland, GA
Lanier County, Georgia
 Established:
Jan 1907
 Number of domestic offices:
6
Total assets$612M
Net income$2M
Net income, quarterly$1M
Total deposits$549M
Domestic deposits$549M
Equity capital$35M
ROA0.28%
ROAQ, quarterly0.58%
ROA, pretax0.58%
ROAQ, quarterly, pretax0.77%
ROE4.74%
ROEQ, quarterly10.29%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

C.J. Walker founded Farmers & Merchants Bank (F&M) of Long Beach more than 100 years ago based on the principles of honesty, integrity, compassion, faith, and community service. Farmers & Merchants has a history of being deeply involved within the community and strives to maintain partnerships based on implicit trust and friendship.

Following the Walker tradition of giving back to the community, the Bank continues to donate over $1 million each year to charities, non-profit organizations, and religious entities despite the state of the current economy. F&M is also committed to implementing green initiatives and most recently developed a new customer care center in Seal Beach as a sustainable infrastructure that is both environmentally responsible and resource-efficient.