Farmers & Merchants Bank of Central California

Headquarters

121 W Pine St
Lodi, CA 95240
See all branch locations →

Notable Rates	APY	Vs.Others
Savings	N.A.	5.50% →
1-Year CD	N.A.	4.65% →
2-Year CD	N.A.	4.25% →
5-Year CD	N.A.	4.05% →
30-Year Mortgage	N.A.	4.91% →
15-Year Mortgage	N.A.	4.39% →
HELOC	N.A.	0.99% →

Overview
Deposit Rates
Loan Rates
Branches
Climate
Financial Details
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2024 Overview

General Bank Information

Farmers & Merchants Bank of Central California is an FDIC insured institution located in Lodi, CA. It was founded in 1916 and has approximately $5.27 billion in assets. Customers can open an account at one of its 34 branches.


FDIC Insured	Yes
FDIC Certificate	# 1331
Date Established	1916
Assets	$ 5.27 billion
Loans	$ 3.61 billion
Deposits	$ 4.60 billion
Capital	$ 586.73 million

For a more detailed analysis of Farmers & Merchants Bank of Central California's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 21, 2024

Your Current Location: Ohio, OH 43085

Loan Rates - December 21, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Farmers & Merchants Bank of Central California

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender	APR	Rate (%)	Monthly Payment	Learn More
NMLS ID: 1835285	6.494%	6.375% 0.75 points $4,000 fees	$1,997	Learn More
NMLS ID: 1025894	6.863%	6.750% 1.00 points $3,705 fees	$2,076	Learn More
NMLS ID: 2592312 License#: RM.805266.000	6.879%	6.750% 1.00 points $4,432 fees	$2,076	Learn More
NMLS ID: 401822	7.034%	6.875% 1.00 points $5,195 fees	$2,103	Learn More

See More Mortgage Rates →

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender	APR (%)^?	Monthly Payment^?	Learn More
Third Federal Savings and Loan See Table	Intro APR 7.240 % After Intro: 7.240 %	$0	Learn More More Info
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com. Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period
Rate See Table	Intro APR 7.900 % After Intro: 7.900 %	$25,000	Learn More More Info
A Guaranteed Rate HELOC is secured with your home as collateral, whereas personal loans and credit cards are not. To check the rates and terms you qualify for, we will conduct a soft credit pull that will not affect your credit score. However, if you continue and submit an application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit. Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. Guaranteed Rate Home Equity Line is an open-end product where the full loan amount (minus lender, broker, third party, and governement fees, as applicable) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw. Apply in 5 minutes, get your money in as fast as 5 days. Digital application experience. Funds directly to your bank account. No in-person appraisal needed.
Achieve Loans See Table	Intro APR 10.625 % After Intro: 10.625 %	$0	Learn More More Info
Home Equity loans are available through our affiliate Achieve Loans (NMLS ID #1810501), Equal Housing Lender. All loan requests are subject to eligibility requirements, application review, loan amount, loan term, and lender approval. Product terms are subject to change at any time. Offers are a line of credit. Loans are not available to residents of all states and available loan terms/fees may vary by state where offered. Line amounts are between $15,000 and $300,000 and are assigned based on product type, debt-to-income ratio, and combined loan-to-value ratio. Minimum 640 credit score applies for debt consolidation requests, minimum 700 applies for cash out requests. Other terms, conditions and restrictions apply. Fixed rate APRs range from 8.75% - 15.00% and are assigned based on underwriting requirements; offer APRs include a .50% discount for automatic payment enrollment (autopay enrollment is not a condition of loan approval). Example: average HELOC is $57,150 with an APR of 12.75% and estimated monthly payment of $951 for a 15-year loan. 10, 15, 20, and 30-year terms available (20 and 30 year terms only available for cash out requests). All terms have a 5-year draw period with the remaining term being a no draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and typically include origination (3.5% of line amount) and underwriting ($725) fees if allowed by law. Property must be owner-occupied and combined loan-to-value ratio may not exceed 80%, including the new loan request. Property insurance is required and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral. Contact Achieve Loans for further details. Competitive rates, Pre-qualify in minutes Mortgage Advisors standing by to help find the best solution Flexible terms with fast funding Minimum credit score: 640

See More Home Equity Rates →

Note to Farmers & Merchants Bank of Central California
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Farmers & Merchants Bank of Central California branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio

Farmers & Merchants Bank of Central California Locations around zip code 43085

Branch	Distance	Map	View Lobby Hours
Merced Branch	1994.35	A	View Lobby Hours
Turlock Main Branch	2013.06	B	View Lobby Hours
Denair Messenger Service Branch	2013.08	C	View Lobby Hours
Turlock Branch	2013.10	D	View Lobby Hours
Geer Road Branch	2013.17	E	View Lobby Hours
Hilmar Branch	2013.76	F	View Lobby Hours
Riverbank Branch	2017.48	G	View Lobby Hours
Modesto Main Branch	2019.91	H	View Lobby Hours
Modesto Branch	2019.92	I	View Lobby Hours
Modesto Messenger Service Branch	2019.95	J	View Lobby Hours
Modesto Carpenter Road Branch	2022.02	K	View Lobby Hours
Modesto Vintage Faire Branch	2022.81	L	View Lobby Hours
Linden Branch	2022.99	M	View Lobby Hours
Manteca Branch	2031.02	N	View Lobby Hours
Manteca Messenger Service Branch	2031.05	O	View Lobby Hours
Cherokee Branch	2031.81	P	View Lobby Hours
Lodi Grape Festival Seasonal Branch	2031.92	Q	View Lobby Hours
Farmers & Merchants Bank Of Central	2032.51	R	View Lobby Hours
Lodi Avenue Auto Branch	2032.58	S	View Lobby Hours
Vineyard Branch	2033.17	T	View Lobby Hours
Galt Branch	2033.23	U	View Lobby Hours
Galt Village Office Branch	2033.74	V	View Lobby Hours
Woodlake Plaza Office Branch	2034.09	W	View Lobby Hours
Vintner Square Branch	2034.32	X	View Lobby Hours
Lincoln Center Branch	2035.69	Y	View Lobby Hours
Stockton Main Branch	2036.07	Z	View Lobby Hours

View Branches Nationwide →

Climate Policy and Initiatives

Farmers & Merchants Bank of Central California is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

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Financial Details

Farmers & Merchants Bank of Central California Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers & Merchants Bank of Central California. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio

Farmers & Merchants Bank of Central California	U.S. Bank Average
0.13%	4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, Farmers & Merchants Bank of Central California had $0 in non-current loans and $873,000 in owned real estate. To cover these potential losses it had $586,732,000 in equity and $74,432,000 in loans loss reserves. That gives it a Texas Ratio of 0.13%.

Return on Equity

Farmers & Merchants Bank of Central California	U.S. Bank Average
15.85%	10.46%

Farmers & Merchants Bank of Central California has a Return on Equity of 15.85% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization

Farmers & Merchants Bank of Central California	U.S. Bank Average
11.13%	10.84%

Farmers & Merchants Bank of Central California has a Capitalization of 11.13% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Farmers & Merchants Bank of Central California Balance Sheet Analysis

As of June 30, 2024, Farmers & Merchants Bank of Central California had assets of $5,270,233,000, loans of $3,607,938,000, and deposits of $4,600,442,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024

ASSETS
Cash & Balances due from depository institutions	$ 298.60 million
Interest-bearing balances	$ 225.68 million
Total securities	$ 1,045.45 million
Federal funds sold and reverse repurchase	N.A.
Net loans and leases	$ 3.61 billion
Loan loss allowance	$ 74.43 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	$ 0.87 million
Goodwill and other intangibles	$ 13.15 million
All other assets	$ 235.31 million
Total Assets	$ 4.68 billion

LIABILITIES
Total deposits	$ 4.60 billion
Interest-bearing deposits	$ 3.22 billion
Deposits held in domestic offices	$ 4.60 billion
% insured (estimated)	51.77%
Federal funds purchased and repurchase agreements	N.A.
Trading liabilities	N.A.
Other borrowed funds	N.A.
Subordinated debt	N.A.
All other liabilities	$ 84.09 million
Total Liabilities	$ 4.68 billion
Shareholders’ Equity	$ 586.73 million

Summary Income Statement

June 30, 2024

INCOME AND EXPENSES
Total Interest Income	$ 136.15 million
Total Interest Expense	$ 33.26 million
Net interest income	$ 102.89 million
Provision for loan and lease losses	N.A.
Total non interest income	$ 9.81 million
Total non interest expense	$ 49.88 million
Pre-tax Net Operating Income	$ 48.18 million

Bank Loan Profile^?

The top three loan types in Farmers & Merchants Bank of Central California’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in California, Farmers & Merchants Bank of Central California has a significantly higher percent of Farm Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

	% Loans	% Comparison to Other Banks
		Low	Med	High
1-4 Family Residential Loans	10.87		✓
Multifamily Mortgages	2.50		✓
Credit Card Loans	0.00	✓
Consumer Auto Loans	0.12		✓
Small Business Loans	2.85		✓
Construction and Development Loans	4.51		✓
Commercial Real Estate	30.31		✓
Commercial and Industrial Loans	12.28		✓
Farm Loans	7.28			✓

Customer Reviews for Farmers & Merchants Bank of Central California

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