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Farmers & Merchants Savings Bank
Farmers & Merchants Savings Bank
RSSD ID 863746 | CERTIFICATE 9298 | ABA NUMBER 73903244 |
101 E Main St |
Quarter Ended : |
2025-06-30 |
Manchester, Iowa, 52057 |
Updated : |
2025-08-12 |
www.fmbankia.com |
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Institution Profile |
Year Opened : |
1925 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FED |
Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
7 |
Number of Employees : |
89 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 594,459 |
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Total Interest Income | 16,072 |
Total Liabilities | 518,190 |
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Total NonInterest Income | 726 |
Total Bank Equity Capital | 76,269 |
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Total Interest Expense | 4,885 |
Total Deposits | 514,215 |
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Total NonInterest Expense | 7,779 |
Net Loans & Leases | 395,823 |
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Net Income | 3,887 |
Loan Loss Allowance | 7,746 |
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Net Charge Offs | 14 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 84,472 |
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Total loans | 409,901 |
Total assets for the leverage ratio | 595,273 |
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Loans secured by real estate: | 198,483 |
Tier 1 Leverage Ratio | 13.16 |
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Commercial and industrial loans | 161,579 |
Tier 1 Capital Ratio | 15.93 |
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Loans to individuals - Credit Cards | 996 |
Total Capital Ratio | 17.19 |
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Loans to individuals - Other | 1,466 |
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