Farmers and Merchants Bank of Long Beach
Farmers and Merchants Bank of Long Beach reported total assets of $11.8 bn at Q2 2026, up 3.3% on a year earlier. The CET1 capital ratio at Farmers and Merchants Bank of Long Beach was 18.25%, and the uninsured share of Farmers and Merchants Bank of Long Beach was 54.45%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Farmers and Merchants Bank of Long Beach climbed from 325th to 13th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Farmers and Merchants Bank of Long Beach reports one of the lowest net charge-offs to average loans readings among banks of $10 bn to $100 bn: -0.03% at , where the median of the 126 banks is 0.14% (FDIC Call Reports).
- The noncurrent loans to total loans of Farmers and Merchants Bank of Long Beach, 0.01% at , places Farmers and Merchants Bank of Long Beach in the bottom tenth of banks of $10 bn to $100 bn (group median 0.66%; FDIC Call Reports).
What sets Farmers and Merchants Bank of Long Beach apart
- Few banks of $10 bn to $100 bn report a higher tier 1 leverage ratio than Farmers and Merchants Bank of Long Beach, at 13.95% in against a group median of 10.25%.
- Farmers and Merchants Bank of Long Beach has one of the highest common equity tier 1 (CET1) ratio readings among banks of $10 bn to $100 bn: 18.25% at , against a median of 12.97% across 126 banks.
- At 54.45%, the uninsured share of domestic deposits of Farmers and Merchants Bank of Long Beach sits in the top tenth of its size group ($10 bn to $100 bn, 126 banks), where the median is 38.56%.
How large is Farmers and Merchants Bank of Long Beach?
The balance sheet of Farmers and Merchants Bank of Long Beach at : assets $11.8 bn, deposits $8.8 bn, net loans $6.6 bn (loans equal to 74.76% of deposits). Securities make up 37.4% of total assets at Farmers and Merchants Bank of Long Beach. Since , when Farmers and Merchants Bank of Long Beach held $6.2 bn, its assets grew 89.2%. In the year to , deposits at Farmers and Merchants Bank of Long Beach rose 0.9% while its total assets rose 3.3%. At , Farmers and Merchants Bank of Long Beach employed 824 full-time equivalent staff across 27 offices, about $14.3 mn of assets per employee and $324.5 mn of deposits per office.
How much funding at Farmers and Merchants Bank of Long Beach is uninsured?
At Farmers and Merchants Bank of Long Beach, uninsured deposits (above the FDIC limit) made up 54.45% of domestic deposits at (+0.95 pp on a year earlier); Farmers and Merchants Bank of Long Beach ranks 49th of 500 on this measure. In dollars, Farmers and Merchants Bank of Long Beach estimated $4.8 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $8.8 bn | +0.9% | 152nd of 499 |
| Net loans and leases | $6.6 bn | +3.0% | 172nd of 500 |
| Loan-to-deposit ratio | 74.76% | +1.54 pp | 389th of 500 |
| Tier 1 leverage ratio | 13.95% | +1.78 pp | 37th of 500 |
| Total risk-based capital ratio | 21.86% | +2.69 pp | 27th of 448 |
| Net interest margin | 2.76% | +0.41 pp | 444th of 500 |
| Return on assets (ROA) | 0.97% | +0.44 pp | 397th of 500 |
| Efficiency ratio | 60.58% | -8.78 pp | 341st of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $236.7 mn | Narrowed by $78.7 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $19.8 mn | Widened by $17.6 mn | |
| Noncurrent loans to total loans | 0.01% | -0.71 pp | 13th of 500 (1 = lowest) |
| Net charge-offs to average loans | -0.03% | -0.07 pp | 13th of 500 (1 = lowest) |
US rank of Farmers and Merchants Bank of Long Beach: 1 = highest unless marked 1 = lowest.
Balance sheet
Farmers and Merchants Bank of Long Beach: assets, deposits and loans
- Total assets $11.8bn
- Deposits $8.8bn
- Net loans $6.6bn
Capital and securities
The CET1 ratio of Farmers and Merchants Bank of Long Beach stood at 18.25% in , +0.34 pp year on year. Low and high at Farmers and Merchants Bank of Long Beach since : 15.38% () to 19.89% (). Equity capital of Farmers and Merchants Bank of Long Beach at : $1.6 bn, or 13.9% of total assets. Farmers and Merchants Bank of Long Beach also reported a total capital ratio of 21.86% for , and a tier 1 leverage ratio of 13.95%.
On held-to-maturity securities, Farmers and Merchants Bank of Long Beach carried an unrealized loss of $236.7 mn at , equal to 14.5% of equity capital. The loss narrowed by $78.7 mn over the year. Its deepest point: $634.5 mn in . The available-for-sale portfolio of Farmers and Merchants Bank of Long Beach showed an unrealized loss of $19.8 mn at ; the loss widened by $17.6 mn over the year.
Farmers and Merchants Bank of Long Beach: capital ratios
- Total capital 22%
- CET1 18%
- Tier 1 leverage 14%
Farmers and Merchants Bank of Long Beach: unrealized securities gains and losses
- Available for sale -$20mn
- Held to maturity -$237mn
Profitability and loan quality
For the year to , Farmers and Merchants Bank of Long Beach earned a return on equity of 7.10%; return on assets: 0.97%. Net interest margin at Farmers and Merchants Bank of Long Beach: 2.76%, +0.41 pp in a year. Farmers and Merchants Bank of Long Beach net income: $57.4 mn, up 87.1% year on year. The efficiency ratio of Farmers and Merchants Bank of Long Beach was 60.58%: about 61 cents cost per revenue dollar, against 55 cents at the median peer.
At , noncurrent loans were 0.01% of total loans at Farmers and Merchants Bank of Long Beach; net charge-offs: -0.03% of average loans. Gross loans and leases at Farmers and Merchants Bank of Long Beach: $6.6 bn, up 2.7% in a year.
Farmers and Merchants Bank of Long Beach: profitability
- Return on equity 7.1%
- Net interest margin 2.8%
- Return on assets 1.0%
Peer group of Farmers and Merchants Bank of Long Beach
The peer group of Farmers and Merchants Bank of Long Beach is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Farmers and Merchants Bank of Long Beach (state member bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in California. Against them, Farmers and Merchants Bank of Long Beach shows CET1 ratio 18.25% against a peer median of 13.21%, return on equity 7.10% against a peer median of 13.96% and uninsured deposit share 54.45% against a peer median of 40.37%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| First Commonwealth Bank | State nonmember bank | PA | $12.2 bn | 12.24% | 11.32% | 27.53% | |
| Columbia Bank | Federal savings bank | NJ | $12.2 bn | 13.19% | 5.31% | 45.65% | |
| Oriental Bank | State nonmember bank | PR | $12.0 bn | 13.22% | 16.60% | 52.02% | |
| Farmers and Merchants Bank of Long Beach | State member bank | CA | $11.8 bn | 18.25% | 7.10% | 54.45% | |
| Beal Bank USA | State nonmember bank | NV | $11.0 bn | 51.76% | 37.98% | 46.56% | |
| Burke & Herbert Bank & Trust Company | State member bank | VA | $11.0 bn | 13.32% | 8.92% | 35.09% | |
| WEX Bank | State nonmember bank | UT | $10.7 bn | 12.70% | 51.92% | 13.80% | |
. FDIC Call Reports.
Last eight quarters
Two years at Farmers and Merchants Bank of Long Beach, to : assets -2.1%, deposits -0.1%, equity +19.4%. Staff 810 to 824.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $12.0 bn | $11.7 bn | $11.5 bn | $11.4 bn | $11.6 bn | $11.8 bn | $11.9 bn | $11.8 bn |
| Total deposits | $8.8 bn | $8.8 bn | $8.7 bn | $8.7 bn | $8.9 bn | $9.0 bn | $8.9 bn | $8.8 bn |
| Bank equity capital | $1.4 bn | $1.4 bn | $1.4 bn | $1.4 bn | $1.4 bn | $1.6 bn | $1.6 bn | $1.6 bn |
| CET1 ratio | 17.40% | 17.52% | 17.91% | 17.91% | 18.40% | 18.84% | 18.23% | 18.25% |
| Return on equity (ROE) | 4.01% | 3.30% | 4.90% | 4.45% | 4.70% | 4.78% | 5.45% | 7.10% |
| Uninsured share of domestic deposits | 53.39% | 53.77% | 53.07% | 53.49% | 54.36% | 55.14% | 54.72% | 54.45% |
| Full-time equivalent employees | 810 | 805 | 802 | 809 | 823 | 809 | 816 | 824 |
| Number of offices | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Farmers and Merchants Bank of Long Beach appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Farmers and Merchants Bank of Long Beach?
Farmers and Merchants Bank of Long Beach reported $11.8 bn at in its Call Report. That makes Farmers and Merchants Bank of Long Beach the 146th largest of 497 banks in our US coverage.
Is Farmers and Merchants Bank of Long Beach the same as its holding company?
No. This page covers Farmers and Merchants Bank of Long Beach, FDIC certificate 1225; PALOMAR ENTERPRISES LLC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Farmers and Merchants Bank of Long Beach profitable?
Farmers and Merchants Bank of Long Beach reported net income of $57.4 mn for the year to ; annualized return on equity: 7.10%. So yes: Farmers and Merchants Bank of Long Beach made a profit over these months.
When is data for Farmers and Merchants Bank of Long Beach next updated?
Figures from Farmers and Merchants Bank of Long Beach for are due after .
Where can I check the figures for Farmers and Merchants Bank of Long Beach?
In the FDIC BankFind Suite record for certificate 1225, and in the Call Reports of Farmers and Merchants Bank of Long Beach (RSSD ID 871769) at the FFIEC Central Data Repository.