|
 |
|
|
 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 : |
2025-09-30 |
| Pierz, Minnesota, 56364 |
Updated : |
2025-10-24 |
| www.fmpierz.com |
|
| 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 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
3 |
Number of Employees : |
49 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 335,016 |
|
Total Interest Income | 13,951 |
| Total Liabilities | 310,720 |
|
Total NonInterest Income | 870 |
| Total Bank Equity Capital | 24,296 |
|
Total Interest Expense | 3,635 |
| Total Deposits | 308,790 |
|
Total NonInterest Expense | 6,606 |
| Net Loans & Leases | 205,472 |
|
Net Income | 2,915 |
| Loan Loss Allowance | 2,795 |
|
Net Charge Offs | (3) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 204,242 |
| Total assets for the leverage ratio | 332,392 |
|
Loans secured by real estate: | 146,877 |
| Tier 1 Leverage Ratio | 9.75 |
|
Commercial and industrial loans | 20,465 |
| Off Balance Sheet Exposures (%) | 10.46 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 6,210 |
|
|
|
|
:· Farmers and Merchants State Bank of Pierz
