Farmers and Merchants Trust Company of Chambersburg
Chambersburg, Pennsylvania, Franklin County
$2.3B in total assets, the 546th largest of 4,309 US banks and 27th of 113 headquartered in Pennsylvania.
- FDIC certificate
- 8405
- Established
- 1906
- Owned by
- Franklin Finl Services Corp
- Primary regulator
- FDIC
- Website
- fmtrust.bank
At a glance
Compared with 36 banks headquartered in Pennsylvania with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.3B | 50% | $2.2B | |
| Loans | $1.6B | 44% | $1.7B | |
| Deposits | $1.9B | 50% | $1.8B | |
| Return on assets | 1.19% | 53% | 1.16% | |
| Net interest margin | 3.64% | 44% | 3.75% | |
| Efficiency ratio | 60.1% | 58% | 58.6% | |
| Equity to assets | 8.26% | 8% | 10.49% | |
| Loans to deposits | 84% | 31% | 90% |
Growth
Total assets grew 6.9% a year over the last 5 years and 8.0% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jul 2006 | The Fulton County National Bank and Trust Company Mcconnellsburg, PA | $123M |
| Apr 1995 | The Mont Alto State Bank Mont Alto, PA, an affiliate under the same holding company | $26M |
Where they operate
25 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Franklin County, PA | $1.2B | 33.9% | 1 of 9 |
| Cumberland County, PA | $442M | 4.0% | 7 of 20 |
| Dauphin County, PA | $117M | 1.4% | 13 of 19 |
| Fulton County, PA | $94M | 48.5% | 2 of 2 |
| Washington County, MD | $51M | 1.5% | 10 of 13 |
| Huntingdon County, PA | $34M | 4.4% | 6 of 7 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No net change since 2016 (25 branches then and now). 2 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 25 | |||
| 2019 | Closed Chambersburg and South Mountain | 0 | 2 | −2 | 23 |
| 2022 | Opened Hagerstown | 1 | 0 | +1 | 24 |
| 2024 | Opened Harrisburg | 1 | 0 | +1 | 25 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 36% | 32% | |
| 1-4 family residential | 24% | 35% | |
| Construction and land | 17% | 6% | |
| Multifamily | 8% | 7% | |
| Business (C&I) | 6% | 10% | |
| Farmland | 1% | 3% | |
| Consumer | 1% | 3% | |
| Other | 6% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 70% | 53% | |
| Noninterest-bearing | 18% | 20% | |
| Time deposits | 12% | 27% |
Brokered deposits are 1.1% of deposits (peers 2.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.10% | 0.56% |
| Net charge-offs, annualized | 0.07% | 0.04% |
| Reserves to loans | 1.36% | 0.98% |
| Leverage ratio | 8.83% | 9.95% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Pennsylvania
Largest competitors in Franklin County, PA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/farmers-merchants-trust-chambersburg-pa