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 The Farmers and Merchants Bank
The Farmers and Merchants Bank
| RSSD ID 629746 | CERTIFICATE 1843 | ABA NUMBER 74906211 |
| 302 S Old Us Highway 41 |
Quarter Ended : |
2025-03-31 |
| Boswell, Indiana, 47921 |
Updated : |
2025-04-23 |
| www.fmbank.org |
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| Institution Profile |
| Year Opened : |
1903 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
041 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
4 |
Number of Employees : |
29 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 210,518 |
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Total Interest Income | 2,243 |
| Total Liabilities | 195,132 |
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Total NonInterest Income | 148 |
| Total Bank Equity Capital | 15,386 |
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Total Interest Expense | 852 |
| Total Deposits | 192,663 |
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Total NonInterest Expense | 1,320 |
| Net Loans & Leases | 128,464 |
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Net Income | 198 |
| Loan Loss Allowance | 1,512 |
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Net Charge Offs | (1) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 19,332 |
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Total loans | 127,235 |
| Total assets for the leverage ratio | 213,156 |
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Loans secured by real estate: | 75,256 |
| Tier 1 Leverage Ratio | 8.31 |
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Commercial and industrial loans | 14,526 |
| Tier 1 Capital Ratio | 12.2 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.32 |
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Loans to individuals - Other | 1,405 |
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:· The Farmers and Merchants Bank
