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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 : |
2025-12-31 |
| Pierz, Minnesota, 56364 |
Updated : |
2026-01-29 |
| 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 : |
48 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 342,395 |
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Total Interest Income | 18,973 |
| Total Liabilities | 315,684 |
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Total NonInterest Income | 1,158 |
| Total Bank Equity Capital | 26,711 |
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Total Interest Expense | 4,796 |
| Total Deposits | 314,130 |
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Total NonInterest Expense | 8,806 |
| Net Loans & Leases | 210,739 |
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Net Income | 4,562 |
| Loan Loss Allowance | 3,097 |
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Net Charge Offs | (3) |
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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 | 209,579 |
| Total assets for the leverage ratio | 340,178 |
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Loans secured by real estate: | 150,028 |
| Tier 1 Leverage Ratio | 9.93 |
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Commercial and industrial loans | 20,859 |
| Off Balance Sheet Exposures (%) | 9.08 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 6,118 |
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