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Farmers and Merchants Bank of Long Beach
Long Beach, CA · State-chartered bank (Fed member) · Part of Palomar Enterprises LLC
- Total assets
- $11.77B
- Q2 2026
- Deposits
- $8.76B
- Net income
- $57.42M
- first half of 2026
- Return on assets
- 0.97%
- Annualized
Bank details
As reported to the FDIC
- FDIC certificate
- 1225
- Main office
- Long Beach, CA
- Holding company
- Palomar Enterprises LLC
- Charter
- State-chartered bank (Fed member)
- Primary federal regulator
- Federal Reserve
- Established
- 11/20/1907
- FDIC insured since
- 01/01/1934
- U.S. offices
- 27
- Employees (full-time equivalent)
- 824
- Specialty
- Commercial Lending Specialization
- Website
- www.fmb.com
Quarterly financials
From the bank's Call Reports. Income figures are year to date; ratios are annualized.
| Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $11.77B | $11.86B | $11.8B | $11.62B | $11.4B | $11.49B | $11.69B | $12.02B |
| Deposits | $8.76B | $8.94B | $8.95B | $8.87B | $8.69B | $8.7B | $8.77B | $8.77B |
| Net loans and leases | $6.55B | $6.24B | $5.98B | $6.14B | $6.36B | $6.32B | $6.36B | $6.36B |
| Securities | $4.41B | $4.46B | $4.11B | $3.5B | $3.51B | $3.8B | $3.97B | $4.19B |
| Equity capital | $1.64B | $1.61B | $1.61B | $1.4B | $1.39B | $1.38B | $1.37B | $1.37B |
| Net income (year to date) | $57.42M | $21.88M | $68.35M | $48.82M | $30.69M | $16.81M | $44.88M | $40.88M |
| Return on assets | 0.97% | 0.74% | 0.59% | 0.56% | 0.53% | 0.58% | 0.37% | 0.45% |
| Return on equity | 7.10% | 5.45% | 4.78% | 4.70% | 4.45% | 4.90% | 3.30% | 4.01% |
| Net interest margin | 2.76% | 2.71% | 2.45% | 2.39% | 2.35% | 2.29% | 2.04% | 1.99% |
| Efficiency ratio | 60.6% | 63.7% | 68.4% | 69.4% | 69.4% | 69.8% | 76.8% | 77.2% |
| Noncurrent loans | 0.01% | 0.14% | 0.13% | 1.00% | 0.73% | 0.81% | 0.36% | 0.70% |
| Net charge-off rate | -0.03% | 0.00% | 0.13% | 0.11% | 0.04% | 0.00% | -0.02% | -0.02% |
| Leverage (core capital) ratio | 13.95% | 13.61% | 13.49% | 12.15% | 12.18% | 11.89% | 11.42% | 11.20% |
| Total risk-based capital ratio | 21.86% | 21.94% | 22.64% | 19.65% | 19.16% | 19.16% | 18.77% | 18.65% |
Assets grew 3.3% from Q2 2025.
Loan mix
Share of gross loans, Q2 2026
- Real estate loans$5.8B88.5%
- Commercial and industrial loans$144.5M2.2%
- Consumer loans$189.5M2.9%
Find bank branches in California · Employees: 824
Frequently asked questions
- What is Farmers and Merchants Bank of Long Beach's FDIC certificate number?
- Farmers and Merchants Bank of Long Beach's FDIC certificate number is 1225.
- How big is Farmers and Merchants Bank of Long Beach?
- Farmers and Merchants Bank of Long Beach reported total assets of $11.77B and deposits of $8.76B as of Q2 2026.
- Is Farmers and Merchants Bank of Long Beach FDIC insured?
- Yes. Farmers and Merchants Bank of Long Beach has been insured by the FDIC since 01/01/1934. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Source: Federal Deposit Insurance Corporation, BankFind Suite (Call Report data) · Last updated 06/30/2026