Farmers and Mechanics Federal Savings Bank
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Data as of · sourced from FFIEC call reports. How we update
Farmers and Mechanics Federal Savings Bank is an FDIC-insured savings bank headquartered in Bloomfield, IN, supervised by the FDIC, with $113.6M in total assets at Q2 2026, down 3.1% from Q2 2025, the 80th largest of 87 banks headquartered in Indiana. It was established in 1892 and holds FDIC certificate 28478. Its CET1 capital ratio was 11.76% at Q2 2026, above regulatory requirements.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 28478
- Headquarters
- Bloomfield, IN
- Established
- 1892
- Total assets, Q2 2026
- $113.6M
- Assets vs Q2 2025
- -3.1%
- CET1 ratio, Q2 2026
- 11.76%
- Domestic offices
- 4 · Farmers and Mechanics Federal Savings Bank branches FDIC institution directory, current count
- Routing number
- 281371613
- Safety and soundness
- Is Farmers and Mechanics Federal Savings Bank safe?
- Latest call report
- Q2 2026, FFIEC 051 · Farmers and Mechanics Federal Savings Bank call report
- Asset rank in state
- 80th of 87 in Indiana
Farmers and Mechanics Federal Savings Bank spends more to run itself than most banks of its size. The Bloomfield, Indiana bank had $114 million in assets at June 30, 2026, down 3.1% from a year earlier. It loses about $0.31 a year on every $100 of assets, lower than about 9 in 10 of the 2,627 banks with $100 million to $1 billion in assets (median $1.28). It also spends about 110 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.00% of loans from 1.48%. It lost $90,000 in the quarter. Its margin is thin by comparison: it keeps 2.78 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.96 cents).
As of June 30, 2026, Farmers and Mechanics Federal Savings Bank reported a CET1 capital ratio of 11.76%, a return on assets of -0.31%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 15.46%. The figures come from its call report filed with the FFIEC.
Farmers and Mechanics Federal Savings Bank ranks as the 80th largest of the 87 banks based in Indiana, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 2.0% to $113.6M, loans fell 1.5% and deposits fell 2.4%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 69.3% of total loans, ahead of commercial and industrial loans at 16.1%. Its 3 offices in the FDIC Summary of Deposits are in Bloomfield, IN and Bloomington, IN; its Bloomfield 2 offices book 83% of its branch deposits. By the capital ratios in its Q2 2026 call report, Farmers and Mechanics Federal Savings Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 225 E Main St, Bloomfield, IN 47424
- County
- Greene
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 8, St. Louis
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1892
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 20
- Domestic deposits
- $105.8M
- Allowance for credit losses
- $265K
- Net charge-offs (YTD)
- $75K
- Average total assets
- $115.6M
- Average total loans
- $64.8M
- Average interest-bearing deposits
- $113.5M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 28478
- Fed RSSD
- 412872
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Farmers and Mechanics Federal Savings Bank's total assets moved between a low of $113.6M (Q2 2026) and a high of $126.9M (Q4 2023) from Q3 2023 to Q2 2026, and it earned a profit in 2 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$113.6M total assets against $117.3M; $108.2M total liabilities against $112.3M.
$64.6M net loans and leases against $67.3M; $105.8M total deposits against $105.9M.
$34.7M securities against $36.7M; $9.8M cash and balances due against $9.4M.
$1.3M total interest income against $1.3M; $484K total interest expense against $529K.
$787K net interest income against $782K.
$96K total noninterest income against $81K; $973K total noninterest expense against $904K.
$0 provision for credit losses against $0.
-$90K net income against -$48K.
-0.31% return on assets against -0.16%; 2.78% net interest margin against 2.63%.
11.76% CET1 capital ratio against 11.02%; 6.79% tier 1 leverage ratio against 6.66%.
Inside the full Farmers and Mechanics Federal Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFarmers and Mechanics Federal Savings Bank rankings
Its closest position to the top of a national ranking is 293 of 3,640, for Texas Ratio; its furthest is 3,576 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -8.18% (Q4 2024) to -0.16% (Q2 2025) and its net interest margin ran from 1.74% (Q4 2024) to 2.93% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.76% | -0.31% | 0.00% | 15.46% | 2.78% |
| Q1 2026 | 11.15% | -0.19% | 1.39% | 16.48% | 2.77% |
| Q4 2025 | 10.57% | -0.26% | 1.33% | 15.50% | 2.65% |
| Q3 2025 | 10.88% | -0.19% | 1.40% | 17.78% | 2.93% |
| Q2 2025 | 11.02% | -0.16% | 1.48% | 19.25% | 2.63% |
| Q1 2025 | 13.12% | -0.39% | 1.53% | 20.47% | 2.37% |
| Q4 2024 | 11.28% | -8.18% | 1.52% | 21.95% | 1.74% |
| Q3 2024 | 15.00% | -0.30% | 1.62% | 12.97% | 1.99% |
Swipe the table sideways to see every column.
Branch Network
View all 3 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Farmers and Mechanics Federal Savings Bank (main office) | Bloomfield , IN | 47424 | $79.2M |
| 3535 W Third St Branch | Bloomington , IN | 47404 | $17.5M |
| Farmers and Mechanics Federal Eastern Greene Branch | Bloomfield , IN | 47424 | $9.0M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IN, rank 107 of 129 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 121 applications, 71 loans originated, $13.5M originated, across 1 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Not on file
- Enforcement actions, SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Farmers and Mechanics Federal Savings Bank
What are Farmers and Mechanics Federal Savings Bank's total assets?
As of the Q2 2026 filing, Farmers and Mechanics Federal Savings Bank reported total assets of $113.6 million in its FFIEC call report.
Where is Farmers and Mechanics Federal Savings Bank headquartered?
It is headquartered in Bloomfield, IN, United States.
When was Farmers and Mechanics Federal Savings Bank founded?
It was established in 1892, per the FDIC institution directory.
Is Farmers and Mechanics Federal Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #28478). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Farmers and Mechanics Federal Savings Bank?
Farmers and Mechanics Federal Savings Bank's primary federal regulator is the FDIC.
What is Farmers and Mechanics Federal Savings Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.76% in its Q2 2026 call report, above regulatory requirements.
How many branches does Farmers and Mechanics Federal Savings Bank operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Farmers and Mechanics Federal Savings Bank's Texas Ratio?
Its Texas Ratio is 15.46% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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