Farmers & Merchants Bank
Farmers & Merchants Bank received 89 applications in 2025 and made 71 mortgages, in 15 counties across 2 states. The median rate its borrowers got was Not published on a median loan of $205,000. Of 77 decisions, 6 were denials — 7.8%.
| Legal Entity Identifier | 54930018CRFUH37BKR13 |
|---|---|
| Applications received | 89 |
| Mortgages made | 71 |
| Denied | 6 |
| Approved, not taken up | 0 |
| Withdrawn or incomplete | 12 |
| Loans bought from other lenders | 0 |
| Median rate spread over the prime offer rate | Not published |
| FDIC-insured bank | Yes: Farmers and Merchants Bank, 5 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 43 | Not published | $295,000 | 10.4% |
| Refinancing | 17 | Not published | $355,000 | 0.0% |
| Cash-out refinancing | 11 | Not published | $135,000 | 8.3% |
Where Farmers & Merchants Bank lends most
The 15 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| Rowan County, NC | 42 | Not published | 8.7% |
| Cabarrus County, NC | 8 | Under 10 loans | 11.1% |
| Wake County, NC | 4 | Under 10 loans | 0.0% |
| Carteret County, NC | 3 | Under 10 loans | 0.0% |
| Harnett County, NC | 3 | Under 10 loans | 0.0% |
| Mecklenburg County, NC | 3 | Under 10 loans | 0.0% |
| Durham County, NC | 2 | Under 10 loans | 0.0% |
| Davidson County, NC | 1 | Under 10 loans | 0.0% |
| Franklin County, NC | 1 | Under 10 loans | 0.0% |
| Lincoln County, NC | 1 | Under 10 loans | 0.0% |
| Transylvania County, NC | 1 | Under 10 loans | 0.0% |
| Charleston County, SC | 1 | Under 10 loans | 0.0% |
| Horry County, SC | 1 | Under 10 loans | 0.0% |
| Forsyth County, NC | 0 | Under 10 loans | 100.0% |
| Iredell County, NC | 0 | Under 10 loans | Not published |
Get told when this changes
When Farmers & Merchants Bank’s figures are published for the next year, or restated.
Double opt-in, one click to unsubscribe. We never sell or share the list, and we are not a lender, a broker or a lead generator: this is a notification about published data, not a sales call. Privacy.
Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.