Bank · FDIC insured
Farmers & Merchants Bank & Trust
A $208.2M bank headquartered in Burlington, IA, with 4 branches in Iowa. Best rates: CDs 1.15% and savings 0.10% APY.
Farmers & Merchants Bank & Trust Carrot Score
60
Carrot Score
Higher than 2% of U.S. banks and credit unions
#10 of 10 in Burlington, IA-IL metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Farmers & Merchants Bank & Trust
Established in 1916, Farmers & Merchants Bank & Trust is located in Burlington and West Burlington, Iowa.
- Headquarters
- 221 Jefferson St, Burlington, IA 52601
- FDIC certificate
- 13737 ↗
Branches
4 branches in Iowa
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Iowa
4 branches
- Farmers & Merchants Bank & TrustMain office221 Jefferson St, Burlington, IA 52601Directions
- Parking Lot Branch125 N 4th St, Burlington, IA 52601Directions
- Drive-In Branch109 West Mt. Pleasant Street, W. Burlington, IA 52655Directions
- West Burlington Branch101 Broadway St, West Burlington, IA 52655Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.73% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.66% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.91% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $69 | $81 | — |
- CapitalLeverage ratio10.73%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.66%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.91%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$69Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Farmers & Merchants Bank & Trust are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.