FARMERS & MERCHANTS STATE BANK

WINTERSET, IA | Small | Est. Aug. 11, 1938, midnight | FDIC #15610 | RSSD #145741 | FDIC
Latest Report: 2025-12-31

FARMERS & MERCHANTS STATE BANK is asn small FDIC-insured commercial bank headquartered in WINTERSET, IA, established in Aug. 11, 1938, midnight. As of 2025-12-31, the bank reported total assets of $268M and total deposits of $238M. Profitability stands at 1.09% ROA and 11.06% ROE, with a net interest margin of 3.80%. The bank's CET1 capital ratio is 15.51%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.00% and a Texas Ratio of 0.00%. FDIC Certificate #15610.

Assets

$268M

Deposits

$238M

Loans

$165M

Equity

$26M

Profitability

Return on Assets (ROA) 1.09%
Return on Equity (ROE) 11.06%
Net Interest Margin (NIM) 3.80%
Yield on Assets 5.26%
Cost of Funds 1.52%

Asset Quality

NPL Ratio 0.00%
Net Charge-Off Ratio 0.02%
Texas Ratio 0.00%
NPA Ratio 0.00%
ACL / Loans 0.98%

Capital & Liquidity

CET1 Ratio 15.51%
Tier 1 Capital 15.51%
Total Capital Ratio 16.42%
Leverage Ratio 10.33%
Loan-to-Deposit 69.23%

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