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 Farmers and Merchants Savings Bank
Farmers and Merchants Savings Bank
| RSSD ID 673244 | CERTIFICATE 10492 | ABA NUMBER 73907541 |
| 2235 Mormon Trek Blvd |
Quarter Ended : |
2025-03-31 |
| Iowa City, Iowa, 52246 |
Updated : |
2025-04-18 |
| www.fmbankonline.com |
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| Institution Profile |
| Year Opened : |
1901 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
17 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 123,602 |
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Total Interest Income | 1,383 |
| Total Liabilities | 107,462 |
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Total NonInterest Income | 39 |
| Total Bank Equity Capital | 16,140 |
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Total Interest Expense | 460 |
| Total Deposits | 103,300 |
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Total NonInterest Expense | 635 |
| Net Loans & Leases | 78,892 |
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Net Income | 254 |
| Loan Loss Allowance | 1,030 |
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Net Charge Offs | (10) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 80,560 |
| Total assets for the leverage ratio | 121,263 |
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Loans secured by real estate: | 64,077 |
| Tier 1 Leverage Ratio | 13.14 |
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Commercial and industrial loans | 11,969 |
| Off Balance Sheet Exposures (%) | 6.42 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 971 |
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:· Farmers and Merchants Savings Bank
