2024 Overview
General Bank Information
F&M Bank is an FDIC insured institution located in Clarksville, TN. It was founded in 1906 and has approximately $1.73 billion in assets. Customers can open an account at one of its 21 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 9963 |
| Date Established | 1906 |
| Assets | $ 1,726.73 million |
| Loans | $ 1,239.25 million |
| Deposits | $ 1,522.17 million |
| Capital | $ 146.05 million |
For a more detailed analysis of F&M Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - December 23, 2024
Your Current Location: Ohio, OH 43085
Loan Rates - December 23, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for F&M Bank
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: 2578474 |
6.596% |
6.500% 0.63 points $3,210 fees |
$2,023 | Learn More |
NMLS ID: 1025894 |
6.863% |
6.750% 1.00 points $3,705 fees |
$2,076 | Learn More |
NMLS ID: 3030 |
7.325% |
7.250% 0.75 points $2,400 fees |
$2,183 | Learn More |
NMLS ID: 491986 |
points fees |
Learn More |
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 |
Rate See Table |
Intro APR
7.900 %
After Intro: 7.900 % |
$25,000 |
Learn More
More Info |
Note to F&M Bank
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Branches
F&M Bank 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
F&M Bank Locations around zip code 43085
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 293.28 | A | View Lobby Hours | |
| 309.91 | B | View Lobby Hours | |
| 312.64 | C | View Lobby Hours | |
| 316.04 | D | View Lobby Hours | |
| 316.98 | E | View Lobby Hours | |
| 318.23 | F | View Lobby Hours | |
| 326.40 | G | View Lobby Hours | |
| 328.49 | H | View Lobby Hours | |
| 329.81 | I | View Lobby Hours | |
| 329.89 | J | View Lobby Hours | |
| 331.19 | K | View Lobby Hours | |
| 331.32 | L | View Lobby Hours | |
| 331.56 | M | View Lobby Hours | |
| 334.51 | N | View Lobby Hours | |
| 336.12 | O | View Lobby Hours | |
| 336.58 | P | View Lobby Hours | |
| 337.87 | Q | View Lobby Hours | |
| 345.65 | R | View Lobby Hours | |
| 352.81 | S | View Lobby Hours |
Climate Policy and Initiatives
F&M Bank 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
F&M Bank Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of F&M Bank. 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
| F&M Bank | U.S. Bank Average |
|---|---|
| 0.7% | 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, F&M Bank had $1,081,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $146,054,000 in equity and $8,785,000 in loans loss reserves. That gives it a Texas Ratio of 0.7%.
Return on Equity
| F&M Bank | U.S. Bank Average |
|---|---|
| 7.06% | 10.46% |
F&M Bank has a Return on Equity of 7.06% 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
| F&M Bank | U.S. Bank Average |
|---|---|
| 8.46% | 10.84% |
F&M Bank has a Capitalization of 8.46% 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.
F&M Bank Balance Sheet Analysis
As of June 30, 2024, F&M Bank had assets of $1,726,727,000, loans of $1,239,253,000, and deposits of $1,522,168,000. 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 | $ 134.51 million |
| Interest-bearing balances | $ 127.06 million |
| Total securities | $ 183.19 million |
| Federal funds sold and reverse repurchase | $ 25.00 million |
| Net loans and leases | $ 1,239.25 million |
| Loan loss allowance | $ 8.79 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 26.49 million |
| All other assets | $ 35.29 million |
| Total Assets | $ 1,580.67 million |
| LIABILITIES | |
|---|---|
| Total deposits | $ 1,522.17 million |
| Interest-bearing deposits | $ 1,290.64 million |
| Deposits held in domestic offices | $ 1,522.17 million |
| % insured (estimated) | 73.47% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 19.48 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 19.83 million |
| Total Liabilities | $ 1,580.67 million |
| Shareholders’ Equity | $ 146.05 million |
Summary Income Statement
June 30, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 46.47 million |
| Total Interest Expense | $ 22.72 million |
| Net interest income | $ 23.76 million |
| Provision for loan and lease losses | N.A. |
| Total non interest income | $ 3.39 million |
| Total non interest expense | $ 21.82 million |
| Pre-tax Net Operating Income | $ 7.47 million |
Bank Loan Profile?
The top three loan types in F&M Bank’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Commercial Real Estate.
Compared to other banks in Tennessee, F&M Bank has a significantly higher percent of Construction and Development 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 | 38.59 | ✓ | ||
| Multifamily Mortgages |
1.68 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.17 | ✓ | ||
| Small Business Loans | 8.06 | ✓ | ||
| Construction and Development Loans | 22.82 | ✓ | ||
| Commercial Real Estate | 20.04 | ✓ | ||
| Commercial and Industrial Loans | 4.85 | ✓ | ||
| Farm Loans | 0.33 | ✓ | ||
Customer Reviews for F&M Bank
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