|
 |
 |
|
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 : |
2026-06-30 |
| Alpha, Minnesota, 56111 |
Updated : |
2026-07-15 |
| famstatebankofalpha.com |
|
| 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 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
6 |
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 47,394 |
|
Total Interest Income | 1,291 |
| Total Liabilities | 42,128 |
|
Total NonInterest Income | 30 |
| Total Bank Equity Capital | 5,266 |
|
Total Interest Expense | 465 |
| Total Deposits | 41,169 |
|
Total NonInterest Expense | 647 |
| Net Loans & Leases | 30,154 |
|
Net Income | 149 |
| Loan Loss Allowance | 335 |
|
Net Charge Offs | 2 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 30,357 |
| Total assets for the leverage ratio | 47,481 |
|
Loans secured by real estate: | 18,736 |
| Tier 1 Leverage Ratio | 11.15 |
|
Commercial and industrial loans | 3,862 |
| Off Balance Sheet Exposures (%) | 6.7 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 1,640 |
|
|
|
|