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 Farmers and Merchants State Bank of Pierz
Farmers and Merchants State Bank of Pierz
| RSSD ID 728957 | CERTIFICATE 10165 | ABA NUMBER 91908988 |
| 80 Main St N |
Quarter Ended : |
2025-03-31 |
| Pierz, Minnesota, 56364 |
Updated : |
2025-04-29 |
| 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 : |
52 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 320,572 |
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Total Interest Income | 4,483 |
| Total Liabilities | 301,184 |
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Total NonInterest Income | 263 |
| Total Bank Equity Capital | 19,388 |
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Total Interest Expense | 1,223 |
| Total Deposits | 297,942 |
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Total NonInterest Expense | 2,162 |
| Net Loans & Leases | 217,986 |
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Net Income | 433 |
| Loan Loss Allowance | 2,993 |
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Net Charge Offs | 0 |
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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 | 219,753 |
| Total assets for the leverage ratio | 319,894 |
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Loans secured by real estate: | 165,861 |
| Tier 1 Leverage Ratio | 9.81 |
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Commercial and industrial loans | 19,095 |
| Off Balance Sheet Exposures (%) | 11.27 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 6,422 |
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:· Farmers and Merchants State Bank of Pierz
