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Farmers and Merchants State Bank of Alpha
Farmers and Merchants State Bank of Alpha
| RSSD ID 388753 | CERTIFICATE 10571 | ABA NUMBER 91210249 |
| 210 Main St N |
Quarter Ended : |
2025-12-31 |
| Alpha, Minnesota, 56111 |
Updated : |
2026-01-29 |
| famstatebankofalpha.com |
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| Institution Profile |
| Year Opened : |
1911 |
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 : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
6 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 47,708 |
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Total Interest Income | 2,493 |
| Total Liabilities | 42,492 |
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Total NonInterest Income | 22 |
| Total Bank Equity Capital | 5,216 |
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Total Interest Expense | 928 |
| Total Deposits | 41,544 |
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Total NonInterest Expense | 1,285 |
| Net Loans & Leases | 30,523 |
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Net Income | 201 |
| Loan Loss Allowance | 337 |
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Net Charge Offs | 27 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 5,546 |
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Total loans | 30,244 |
| Total assets for the leverage ratio | 46,813 |
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Loans secured by real estate: | 18,544 |
| Tier 1 Leverage Ratio | 11.12 |
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Commercial and industrial loans | 3,639 |
| Tier 1 Capital Ratio | 15.77 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.79 |
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Loans to individuals - Other | 1,791 |
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