Farmers and Merchants Bancshares (MD) (Farmers and Merchants Bancshares (MD)) Total Deposits : $655.98 Mil (As of Mar. 2024)

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What is Farmers and Merchants Bancshares (MD) Total Deposits?

Farmers and Merchants Bancshares (MD)'s annual total deposits declined from Dec. 2021 ($626.42 Mil) to Dec. 2022 ($623.61 Mil) but then increased from Dec. 2022 ($623.61 Mil) to Dec. 2023 ($680.96 Mil).

Farmers and Merchants Bancshares (MD) Total Deposits Historical Data

The historical data trend for Farmers and Merchants Bancshares (MD)'s Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Farmers and Merchants Bancshares (MD) Total Deposits Chart

Farmers and Merchants Bancshares (MD) Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec21

Dec22

Dec23

Total Deposits

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128.20

126.73

626.42

623.61

680.96

Farmers and Merchants Bancshares (MD) Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Deposits	Get a 7-Day Free Trial															637.31	631.81	644.26	680.96	655.98

Farmers and Merchants Bancshares (MD) Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Farmers and Merchants Bancshares (MD) (Farmers and Merchants Bancshares (MD)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Farmers and Merchants Bancshares Inc (MD) (OTCPK:FMFG) » Definitions » Total Deposits

Comparable Companies

Traded in Other Exchanges

N/A

Address

15226 Hanover Pike, Upperco, MD, USA, 21155

Website

http://www.farmersandmerchantsbk.com

Farmers and Merchants Bancshares Inc (MD) is an independent community bank, offering a broad range of financial services. The Bank operates five banking offices located in Northern Baltimore County and Carroll County, Maryland. It provides services of checking accounts, saving accounts, re-order checks and among others.