Bank · FDIC insured
Farmers & Merchants National Bank
A $270.3M bank headquartered in Nashville, IL, with 8 branches in Illinois. Best rates: CDs 3.80% and savings 0.20% APY.
Farmers & Merchants National Bank Carrot Score
69
Carrot Score
Higher than 25% of U.S. banks and credit unions
#57 of 79 in St. Louis, MO-IL metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Farmers & Merchants National Bank
The Farmers and Merchants National Bank was chartered in Nashville, Illinois on May 6, 1906 by local residents and merchants to meet their banking needs.
The bank maintains local ownership and serves Illinois communities across Washington and St. Clair counties.
- Headquarters
- 120 W Saint Louis St, Nashville, IL 62263
- FDIC certificate
- 3821 ↗
Branches
8 branches in Illinois
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Illinois
8 branches
St. Louis area · 3
- Lebanon Branch102 Wakanda Dr, Lebanon, IL 62254Directions
- Mascoutah Branch832 N Jefferson St, Mascoutah, IL 62258Directions
- O'Fallon Branch1805 E Highway 50, O'Fallon, IL 62269Directions
Nashville area · 2
- The Farmers and Merchants National Bank of NashvilleMain office120 W Saint Louis St, Nashville, IL 62263Directions
- F & M Motor Facility Branch285 S Mill St, Nashville, IL 62263Directions
Ashley area · 1
- Ashley Branch636 E Main St, Ashley, IL 62808Directions
Du Bois area · 1
- Dubois Branch268 W Broadway St, Du Bois, IL 62831Directions
Hoyleton area · 1
- Hoyleton Branch51 E Saint Louis St, Hoyleton, IL 62803Directions
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 | 11.60% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.61% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.61% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $76 | $81 | — |
- CapitalLeverage ratio11.60%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.61%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.61%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$76Peers’ 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 National Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.