Farmers and Merchants Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Farmers and Merchants Bancshares has total assets of $794.6M and total equity of $53.1M. Total deposits are $656.0M, and total loans are $537.1M. It earns a Net Interest Margin of 3%. It has sufficient allowance for bad loans, which are currently at 0.1% of total loans. Cash and short-term investments are $25.7M.
Key information
15x
Asset to equity ratio
3.0%
Net interest margin
Total deposits | US$655.98m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.1% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$25.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FMFG's Assets to Equity ratio (15x) is moderate.
Allowance for Bad Loans: FMFG has a sufficient allowance for bad loans (654%).
Low Risk Liabilities: 88% of FMFG's liabilities are made up of primarily low risk sources of funding.
Loan Level: FMFG has an appropriate level of Loans to Assets ratio (68%).
Low Risk Deposits: FMFG's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: FMFG has an appropriate level of bad loans (0.1%).