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 Farmers and Merchants State Bank of Springfield
Farmers and Merchants State Bank of Springfield
| RSSD ID 770451 | CERTIFICATE 13382 | ABA NUMBER 91214339 |
| 101 N Marshall Ave |
Quarter Ended : |
2025-06-30 |
| Springfield, Minnesota, 56087 |
Updated : |
2025-07-16 |
| https://www.fmb-ebank.com |
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| Institution Profile |
| Year Opened : |
1918 |
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 : |
20 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 132,848 |
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Total Interest Income | 3,676 |
| Total Liabilities | 120,936 |
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Total NonInterest Income | 102 |
| Total Bank Equity Capital | 11,912 |
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Total Interest Expense | 818 |
| Total Deposits | 113,505 |
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Total NonInterest Expense | 1,673 |
| Net Loans & Leases | 92,417 |
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Net Income | 1,129 |
| Loan Loss Allowance | 1,497 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 13,107 |
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Total loans | 97,893 |
| Total assets for the leverage ratio | 135,403 |
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Loans secured by real estate: | 50,281 |
| Tier 1 Leverage Ratio | 8.89 |
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Commercial and industrial loans | 7,494 |
| Tier 1 Capital Ratio | 14.05 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.31 |
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Loans to individuals - Other | 1,498 |
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:· Farmers and Merchants State Bank of Springfield
