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 Farmers and Merchants State Bank
Farmers and Merchants State Bank
| RSSD ID 601153 | CERTIFICATE 501 | ABA NUMBER 91402015 |
| 101 S Main St |
Quarter Ended : |
2025-03-31 |
| Plankinton, South Dakota, 57368 |
Updated : |
2025-04-18 |
| www.fmsbonline.com |
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| Institution Profile |
| Year Opened : |
1910 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
2 |
Number of Employees : |
14 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 166,873 |
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Total Interest Income | 2,704 |
| Total Liabilities | 150,575 |
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Total NonInterest Income | 135 |
| Total Bank Equity Capital | 16,298 |
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Total Interest Expense | 863 |
| Total Deposits | 129,591 |
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Total NonInterest Expense | 820 |
| Net Loans & Leases | 123,461 |
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Net Income | 1,101 |
| Loan Loss Allowance | 1,755 |
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Net Charge Offs | 4 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 19,575 |
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Total loans | 122,091 |
| Total assets for the leverage ratio | 161,092 |
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Loans secured by real estate: | 26,276 |
| Tier 1 Leverage Ratio | 11.07 |
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Commercial and industrial loans | 14,388 |
| Tier 1 Capital Ratio | 12.83 |
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Loans to individuals - Credit Cards | 164 |
| Total Capital Ratio | 14.08 |
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Loans to individuals - Other | 6,188 |
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:· Farmers and Merchants State Bank
