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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 : |
2025-03-31 |
| Alpha, Minnesota, 56111 |
Updated : |
2025-04-12 |
| 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 | 44,751 |
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Total Interest Income | 601 |
| Total Liabilities | 39,694 |
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Total NonInterest Income | 20 |
| Total Bank Equity Capital | 5,057 |
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Total Interest Expense | 224 |
| Total Deposits | 38,821 |
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Total NonInterest Expense | 294 |
| Net Loans & Leases | 28,033 |
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Net Income | 77 |
| Loan Loss Allowance | 348 |
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Net Charge Offs | 2 |
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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 | 28,164 |
| Total assets for the leverage ratio | 44,188 |
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Loans secured by real estate: | 17,295 |
| Tier 1 Leverage Ratio | 11.52 |
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Commercial and industrial loans | 3,627 |
| Off Balance Sheet Exposures (%) | 6.21 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,698 |
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:· Farmers and Merchants State Bank of Alpha
