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 Farmers and Merchants State Bank of Pierz
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Farmers and Merchants State Bank of Pierz
| RSSD ID 728957 | CERTIFICATE 10165 | ABA NUMBER 91908988 |
| 80 Main St N |
Quarter Ended : |
2026-03-31 |
| Pierz, Minnesota, 56364 |
Updated : |
2026-04-24 |
| www.fmpierz.com |
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| Institution Profile |
| Year Opened : |
1908 |
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 : |
3 |
Number of Employees : |
49 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 330,978 |
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Total Interest Income | 4,896 |
| Total Liabilities | 309,156 |
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Total NonInterest Income | 265 |
| Total Bank Equity Capital | 21,822 |
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Total Interest Expense | 1,101 |
| Total Deposits | 307,666 |
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Total NonInterest Expense | 2,442 |
| Net Loans & Leases | 212,087 |
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Net Income | 1,163 |
| Loan Loss Allowance | 3,021 |
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Net Charge Offs | 533 |
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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 | 213,562 |
| Total assets for the leverage ratio | 338,176 |
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Loans secured by real estate: | 152,324 |
| Tier 1 Leverage Ratio | 8.97 |
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Commercial and industrial loans | 21,212 |
| Off Balance Sheet Exposures (%) | 10.08 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 6,295 |
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:· Farmers and Merchants State Bank of Pierz
