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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 : |
2025-03-31 |
| Manchester, Iowa, 52057 |
Updated : |
2025-04-29 |
| 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 : |
91 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 600,006 |
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Total Interest Income | 8,049 |
| Total Liabilities | 524,742 |
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Total NonInterest Income | 383 |
| Total Bank Equity Capital | 75,264 |
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Total Interest Expense | 2,496 |
| Total Deposits | 510,877 |
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Total NonInterest Expense | 3,869 |
| Net Loans & Leases | 413,447 |
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Net Income | 1,953 |
| Loan Loss Allowance | 7,764 |
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Net Charge Offs | (3) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 84,219 |
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Total loans | 421,259 |
| Total assets for the leverage ratio | 599,117 |
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Loans secured by real estate: | 206,878 |
| Tier 1 Leverage Ratio | 13.04 |
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Commercial and industrial loans | 165,527 |
| Tier 1 Capital Ratio | 16.08 |
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Loans to individuals - Credit Cards | 936 |
| Total Capital Ratio | 17.33 |
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Loans to individuals - Other | 1,353 |
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:· Farmers & Merchants Savings Bank
