Farmers&Merchants Bk Colby
Colby, Kansas · FDIC Cert #34719
Farmers&Merchants Bk Colby is an FDIC-insured bank (Certificate #34719) with $519M in total assets and $392M in total deposits as of the Q2 2024 Call Report. Headquartered in Colby, Kansas, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 0.79%. BankHealthData assigns a composite Health Grade of D (48/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Farmers&Merchants Bk Colby (FDIC cert 34719) is a community bank — $519M in total assets, $392M in deposits, serving the Colby, Kansas area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality is normal: non-performing loan ratio of 0.79% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 19.5% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is solid: ROA of 1.49% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Farmers&Merchants Bk Colby carries a composite BankHealth grade of D (48/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Farmers&Merchants Bk Colby
- Total Assets
- $519M
- Total Deposits
- $392M
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 0.79%
- Liquidity Ratio
- 19.48%
- Return on Assets
- 1.49%
- Headquarters
- Colby, Kansas
- FDIC Certificate
- #34719
- Health Grade
- D (48/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Farmers&Merchants Bk Colby holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject Farmers&Merchants Bk Colby to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
Farmers&Merchants Bk Colby shows some financial weakness with a Health Score of 48/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Farmers&Merchants Bk Colby Compares
Farmers&Merchants Bk Colby’s Health Score of 48 is 21 points below the Kansas state average of 69 across 159 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 0.79% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.49% is in line with or above the national ROA benchmark of ~1.1%. Among 1450 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, Farmers&Merchants Bk Colby is 22 points below the portfolio average of 70.
Frequently Asked Questions
Farmers&Merchants Bk Colby has a Bank Health Score of D (48/100), placing it showing signs of financial stress. It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Farmers&Merchants Bk Colby's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 0.79% indicate an elevated risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Farmers&Merchants Bk Colby is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #34719). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Farmers&Merchants Bk Colby holds $519M in total assets and $392M in total deposits. It is headquartered in Colby, Kansas (FDIC Certificate #34719).
Farmers&Merchants Bk Colby has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.79%, and the return on assets is 1.49%.
Yes. Farmers&Merchants Bk Colby is FDIC-insured (Certificate #34719). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An D grade on our Bank Health Score means 40-54/100 — multiple metrics showing stress; worth monitoring. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Farmers&Merchants Bk Colby shows financial stress on one or more metrics. While insured deposits remain protected up to $250K per depositor per ownership category, depositors with higher balances may want to spread funds across additional FDIC-insured institutions. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.