Farmers & Merchants Bank of Central California
Farmers & Merchants Bank of Central California reported total assets of $5.8 bn at Q2 2026, up 6.5% on a year earlier. The CET1 capital ratio at Farmers & Merchants Bank of Central California was 14.74%, and the uninsured share of Farmers & Merchants Bank of Central California was 51.44%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Farmers & Merchants Bank of Central California slipped from 1st to 45th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Since , Farmers & Merchants Bank of Central California has taken over 2 institutions; the latest was Bank of Rio Vista on (FDIC Call Reports).
- Farmers & Merchants Bank of Central California reports one of the lowest noncurrent loans to total loans readings among banks of $1 bn to $10 bn: 0.13% at , where the median of the 339 banks is 0.58% (FDIC Call Reports).
What sets Farmers & Merchants Bank of Central California apart
How large is Farmers & Merchants Bank of Central California?
The balance sheet of Farmers & Merchants Bank of Central California at : assets $5.8 bn, deposits $5.1 bn, net loans $3.6 bn (loans equal to 71.16% of deposits). Securities make up 27.9% of total assets at Farmers & Merchants Bank of Central California. Since , when Farmers & Merchants Bank of Central California held $2.6 bn, its assets grew 125.0%. In the year to , deposits at Farmers & Merchants Bank of Central California rose 7.0% while its total assets rose 6.5%. At , Farmers & Merchants Bank of Central California employed 378 full-time equivalent staff across 34 offices, about $15.4 mn of assets per employee and $149.9 mn of deposits per office.
How much funding at Farmers & Merchants Bank of Central California is uninsured?
At Farmers & Merchants Bank of Central California, uninsured deposits (above the FDIC limit) made up 51.44% of domestic deposits at (+1.22 pp on a year earlier); Farmers & Merchants Bank of Central California ranks 73rd of 500 on this measure. In dollars, Farmers & Merchants Bank of Central California estimated $2.6 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $5.1 bn | +7.0% | 245th of 499 |
| Net loans and leases | $3.6 bn | +2.2% | 276th of 500 |
| Loan-to-deposit ratio | 71.16% | -3.29 pp | 417th of 500 |
| Tier 1 leverage ratio | 11.65% | +0.45 pp | 113th of 500 |
| Total risk-based capital ratio | 16.00% | +0.61 pp | 121st of 448 |
| Net interest margin | 4.21% | 0.00 pp | 100th of 500 |
| Return on assets (ROA) | 1.74% | +0.02 pp | 94th of 500 |
| Efficiency ratio | 44.13% | +1.34 pp | 77th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $127.6 mn | Narrowed by $14.2 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $15.4 mn | Narrowed by $2.3 mn | |
| Noncurrent loans to total loans | 0.13% | +0.13 pp | 45th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.01% | -0.03 pp | 88th of 500 (1 = lowest) |
US rank of Farmers & Merchants Bank of Central California: 1 = highest unless marked 1 = lowest.
Balance sheet
Farmers & Merchants Bank of Central California: assets, deposits and loans
- Total assets $5.8bn
- Deposits $5.1bn
- Net loans $3.6bn
Capital and securities
The CET1 ratio of Farmers & Merchants Bank of Central California stood at 14.74% in , +0.61 pp year on year. Low and high at Farmers & Merchants Bank of Central California since : 10.14% () to 14.74% (). Equity capital of Farmers & Merchants Bank of Central California at : $686.8 mn, or 11.8% of total assets. Farmers & Merchants Bank of Central California also reported a total capital ratio of 16.00% for , and a tier 1 leverage ratio of 11.65%.
On held-to-maturity securities, Farmers & Merchants Bank of Central California carried an unrealized loss of $127.6 mn at , equal to 18.6% of equity capital. The loss narrowed by $14.2 mn over the year. Its deepest point: $189.4 mn in . The available-for-sale portfolio of Farmers & Merchants Bank of Central California showed an unrealized loss of $15.4 mn at ; the loss narrowed by $2.3 mn over the year.
Farmers & Merchants Bank of Central California: capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 12%
Farmers & Merchants Bank of Central California: unrealized securities gains and losses
- Available for sale -$15mn
- Held to maturity -$128mn
Profitability and loan quality
For the year to , Farmers & Merchants Bank of Central California earned a return on equity of 15.04%; return on assets: 1.74%. Net interest margin at Farmers & Merchants Bank of Central California: 4.21%, 0.00 pp in a year. Farmers & Merchants Bank of Central California net income: $50.2 mn, up 6.1% year on year. The efficiency ratio of Farmers & Merchants Bank of Central California was 44.13%: about 44 cents cost per revenue dollar, against 60 cents at the median peer.
At , noncurrent loans were 0.13% of total loans at Farmers & Merchants Bank of Central California; net charge-offs: 0.01% of average loans. Gross loans and leases at Farmers & Merchants Bank of Central California: $3.7 bn, up 2.2% in a year.
Farmers & Merchants Bank of Central California: profitability
- Return on equity 15%
- Net interest margin 4.2%
- Return on assets 1.7%
Peer group of Farmers & Merchants Bank of Central California
The peer group of Farmers & Merchants Bank of Central California is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of Farmers & Merchants Bank of Central California (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 3 have head offices in California. Against them, Farmers & Merchants Bank of Central California shows CET1 ratio 14.74% against a peer median of 11.45%, return on equity 15.04% against a peer median of 13.62% and uninsured deposit share 51.44% against a peer median of 39.52%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Fremont Bank | State nonmember bank | CA | $6.0 bn | 10.69% | 14.72% | 46.30% | |
| Bank First | National bank | WI | $5.9 bn | 10.93% | 12.52% | 32.74% | |
| CTBC Bank Corp. (USA) | State nonmember bank | CA | $5.9 bn | not reported | 6.33% | 66.55% | |
| Farmers & Merchants Bank of Central California | State nonmember bank | CA | $5.8 bn | 14.74% | 15.04% | 51.44% | |
| Westamerica Bank | State member bank | CA | $5.8 bn | 16.23% | 17.41% | 49.57% | |
| Emigrant Bank | State nonmember bank | FL | $5.7 bn | 17.43% | 2.83% | 17.51% | |
| Independent Bank | State member bank | MI | $5.7 bn | 11.45% | 14.92% | 24.38% | |
. FDIC Call Reports.
Last eight quarters
Two years at Farmers & Merchants Bank of Central California, to : assets +7.6%, deposits +8.2%, equity +11.9%. Staff 379 to 378; offices 33 to 34.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $5.4 bn | $5.4 bn | $5.7 bn | $5.5 bn | $5.6 bn | $5.7 bn | $5.8 bn | $5.8 bn |
| Total deposits | $4.7 bn | $4.7 bn | $5.0 bn | $4.8 bn | $4.9 bn | $5.0 bn | $5.1 bn | $5.1 bn |
| Bank equity capital | $613.6 mn | $584.5 mn | $613.9 mn | $629.8 mn | $632.6 mn | $653.0 mn | $663.6 mn | $686.8 mn |
| CET1 ratio | 13.72% | 13.30% | 14.01% | 14.13% | 13.98% | 13.99% | 14.40% | 14.74% |
| Return on equity (ROE) | 15.57% | 15.59% | 15.82% | 15.54% | 15.54% | 15.46% | 14.93% | 15.04% |
| Uninsured share of domestic deposits | 49.53% | 49.49% | 46.94% | 50.22% | 50.29% | 51.31% | 52.32% | 51.44% |
| Full-time equivalent employees | 379 | 373 | 372 | 374 | 381 | 383 | 382 | 378 |
| Number of offices | 33 | 34 | 34 | 34 | 34 | 34 | 34 | 34 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Farmers & Merchants Bank of Central California, oldest first; figures before and after each event are not like for like.
- . Absorbed Delta Bank, National Association (FDIC certificate 21147).
- . Absorbed Bank of Rio Vista (FDIC certificate 8472).
Questions and identifiers
What were the total assets of Farmers & Merchants Bank of Central California?
Farmers & Merchants Bank of Central California reported $5.8 bn at in its Call Report. That makes Farmers & Merchants Bank of Central California the 253rd largest of 497 banks in our US coverage.
Is Farmers & Merchants Bank of Central California the same as its holding company?
No. This page covers Farmers & Merchants Bank of Central California, FDIC certificate 1331; FARMERS&MERCHANTS BCORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Farmers & Merchants Bank of Central California profitable?
Farmers & Merchants Bank of Central California reported net income of $50.2 mn for the year to ; annualized return on equity: 15.04%. So yes: Farmers & Merchants Bank of Central California made a profit over these months.
When is data for Farmers & Merchants Bank of Central California next updated?
Figures from Farmers & Merchants Bank of Central California for are due after .
Where can I check the figures for Farmers & Merchants Bank of Central California?
In the FDIC BankFind Suite record for certificate 1331, and in the Call Reports of Farmers & Merchants Bank of Central California (RSSD ID 808260) at the FFIEC Central Data Repository.