Bank · FDIC insured
Farmers & Merchants Bank
A $874.5M bank headquartered in Upperco, MD, with 9 branches in Maryland. Best rates: CDs 4.10% and savings 0.07% APY.
Farmers & Merchants Bank Carrot Score
66
Carrot Score
Higher than 17% of U.S. banks and credit unions
#34 of 47 in Baltimore, MD metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Farmers & Merchants Bank
Founded in 1919 in the rural village of Fowblesburg by community members, Farmers & Merchants Bank is a locally owned and operated bank in Maryland.
The bank operates eight branches across Northern Baltimore County and Carroll County, and completed the acquisition of Carroll Community Bank in 2020.
- Headquarters
- 15226 Hanover Pike, Upperco, MD 21155
- FDIC certificate
- 1895 ↗
Branches
9 branches in Maryland
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Maryland
9 branches
- Farmers and Merchants BankMain office15226 Hanover Pike, Upperco, MD 21155Directions
- Greenmount Branch2320 Hanover Pike, Hampstead, MD 21074Directions
- Hampstead Branch735 Hanover Pike, Hampstead, MD 21074Directions
- Owings Mills Branch9320 Lakeside Blvd, Owings Mills, MD 21117Directions
- Reisterstown Branch25 Westminster Pike, Reisterstown, MD 21136Directions
- Eldersburg Branch1321 Liberty Rd, Sykesville, MD 21784Directions
- Towson Commercial Banking Office Branch22 West Pennsylvania Avenue, Towson, MD 21204Directions
- Carroll Lutheran Village Branch205 Saint Mark Way, Westminster, MD 21158Directions
- Westminster Branch275 Clifton Blvd, Westminster, MD 21157Directions
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 | 9.98% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.00% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.97% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $88 | $81 | — |
- CapitalLeverage ratio9.98%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.00%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.97%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$88Peers’ 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 are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.