Farmers and Merchants Bank
Buckeye, AZ
$24.0M
total assets, March 31, 1990
$24.0M
total assets, March 31, 1990
Farmers and Merchants Bank was a state nonmember bank in Buckeye, AZ. It failed on Jun 18, 1990, and The Stockmen's Bank took over its deposits. At its last report it held $24.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Jun 18, 1990
- Assets
- $24.0M
- Deposits
- $22.4M
- Estimated cost
- $5.8M
- Deposits went to
- The Stockmen's Bank, Kingman, AZ
Total assets
$24.0M
+1.1% in a year · -4.8% in a quarter
Deposits
$22.4M
+4.0% in a year · -3.8% in a quarter
Loans
$16.6M
-11.6% in a year · -8.0% in a quarter
Profit so far
-$388K
Jan 1 to Mar 31, 1990 · -383.2% in a year
Capital ratio
3.79%
-2.02 pts in a year
Return on assets
-6.31%
-8.46 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 219 North Fourth Street, Buckeye, AZ, 85326
- County
- Maricopa
- Established
- May 4, 1979
- Failed
- Jun 18, 1990
- Employees
- 25
- Id
- b22852
Quarter by quarter
March 31, 1984 to March 31, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Farmers and Merchants Bank?
$24.0 million in total assets and $22.4 million in deposits as of March 31, 1990, with assets up 1.1% from a year before. Its loans were $16.6 million.
Is Farmers and Merchants Bank profitable?
No: it lost $388,000 from January 1 to March 31, 1990. Its return on assets was -6.31% a year; about 1% is typical.
When did Farmers and Merchants Bank fail?
Jun 18, 1990. The Stockmen's Bank of Kingman, AZ took over its deposits. The estimated cost of the failure was $5.77 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.