Farmers-Merchants Bank of IllinoisBanksForge
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Farmers-Merchants Bank of Illinois, Financial Information

AboutFarmers-Merchants Bank of Illinois

 Address:
101 W Main St.
Joy,IL
Mercer County,Illinois
 Established:
Jan 1921
 Number of domestic offices:
5
Total assets$258M
Net income$3M
Net income,quarterly$1M
Total deposits$193M
Domestic deposits$193M
Equity capital$34M
ROA1.16%
ROAQ,quarterly0.87%
ROA,pretax0.87%
ROAQ,quarterly,pretax1.14%
ROE8.49%
ROEQ,quarterly6.54%
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.

For over 95 years the Joy State Bank has been a friend of and business partner with residents of Mercer County and the outlying areas. Locally owned and operated, decisions are made by those who know the area and care about the needs of their neighbors.

In response to a recent community survey, the bank now offers Bank by Phone, Internet Banking, Roth IRAs, and Health Savings Accounts with other products under development. Expanded lobby and drive up hours make banking more convenient to a wide group of individuals.

Joy State Bank
101 W. Main St.
Joy, IL 61260
Phone: (309) 584-4146

New Boston Banking Center
412 Main St.
New Boston, IL 61272
Phone: (309) 587-8171

Historical Data