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 Farmers and Merchants State Bank of Springfield
Farmers and Merchants State Bank of Springfield
| RSSD ID 770451 | CERTIFICATE 13382 | ABA NUMBER 91214339 |
| 101 N Marshall Ave |
Quarter Ended : |
2025-03-31 |
| Springfield, Minnesota, 56087 |
Updated : |
2025-04-19 |
| https://www.fmb-ebank.com |
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| Institution Profile |
| Year Opened : |
1918 |
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 : |
2 |
Number of Employees : |
21 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 135,952 |
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Total Interest Income | 1,809 |
| Total Liabilities | 124,418 |
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Total NonInterest Income | 45 |
| Total Bank Equity Capital | 11,534 |
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Total Interest Expense | 425 |
| Total Deposits | 119,220 |
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Total NonInterest Expense | 812 |
| Net Loans & Leases | 96,760 |
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Net Income | 523 |
| Loan Loss Allowance | 1,473 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 12,930 |
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Total loans | 94,505 |
| Total assets for the leverage ratio | 137,931 |
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Loans secured by real estate: | 49,330 |
| Tier 1 Leverage Ratio | 8.56 |
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Commercial and industrial loans | 6,422 |
| Tier 1 Capital Ratio | 13.14 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.39 |
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Loans to individuals - Other | 1,663 |
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:· Farmers and Merchants State Bank of Springfield
