Farmers and Merchants Bank (Duke, OK)
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Data as of · sourced from FFIEC call reports. How we update
Farmers and Merchants Bank is an FDIC-insured commercial bank headquartered in Duke, OK, established in 1910 (FDIC certificate 12284), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $20.5M, up 2.2% from Q2 2025, the 168th largest of 169 banks headquartered in Oklahoma. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.30% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 12284
- Headquarters
- Duke, OK
- Established
- 1910
- Total assets, Q2 2026
- $20.5M
- Assets vs Q2 2025
- +2.2%
- Tier 1 leverage ratio, Q2 2026
- 11.30%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 103104816
- Latest call report
- Q2 2026, FFIEC 051 · Farmers and Merchants Bank call report
- Asset rank in state
- 168th of 169 in Oklahoma
Farmers and Merchants Bank, based in Duke, Oklahoma, reported $21 million in assets at June 30, 2026, up 2.2% from a year earlier. It carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 of the 583 banks with less than $100 million in assets (median 1.4%). It also grew its loan book 11.7% over the year, 4.6 times the median of 2.6% for banks its size.
Net income for the quarter slipped 18% from a year earlier, to $42,000. Over the same year, loans grew 11.7% and deposits grew 2.1%.
As of June 30, 2026, Farmers and Merchants Bank reported a return on assets of 0.81%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Farmers and Merchants Bank is the 168th largest of the 169 banks headquartered in Oklahoma. Between Q1 2026 and Q2 2026, its total assets rose 3.7% to $20.5M, loans fell 0.3% and deposits rose 4.0%. The largest part of its loan book on June 30, 2026 was agricultural production loans, at 74.9% of total loans, ahead of commercial and industrial loans at 22.2%. The FDIC Summary of Deposits lists a single office for it, in Duke, OK. On its Q2 2026 call report, Farmers and Merchants Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 101 East Second Street, Duke, OK 73532
- County
- Jackson
- Metro Area
- Altus, OK
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- May 2, 1910
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 4
- Domestic deposits
- $18.1M
- Allowance for credit losses
- $126K
- Net charge-offs (YTD)
- $0
- Average total assets
- $20.6M
- Average total loans
- $6.5M
- Average interest-bearing deposits
- $11.0M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 12284
- Fed RSSD
- 273859
- Website
- http://www.fmbok.com →
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, Farmers and Merchants Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Farmers and Merchants Bank's total assets ranged from $17.4M (Q4 2023) to $20.5M (Q2 2026), and it earned a profit in 9 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$20.5M total assets against $20.1M; $18.2M total liabilities against $17.8M.
$6.3M net loans and leases against $5.6M; $18.1M total deposits against $17.7M.
$6.3M securities against $5.2M; $7.4M cash and balances due against $8.7M.
$241K total interest income against $247K; $77K total interest expense against $73K.
$164K net interest income against $174K.
$10K total noninterest income against $10K; $132K total noninterest expense against $133K.
$0 provision for credit losses against $0.
$42K net income against $51K.
0.81% return on assets against 1.02%; 3.74% net interest margin against 4.11%.
11.30% tier 1 leverage ratio against 11.50%.
Inside the full Farmers and Merchants Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -1.39% (Q4 2024) to 1.43% (Q3 2025) and its net interest margin ran from 3.58% (Q4 2025) to 4.28% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.30% | 0.81% | 0.00% | 0.00% | 3.74% |
| Q1 2026 | 11.75% | 0.58% | 0.00% | 0.00% | 3.88% |
| Q4 2025 | 11.92% | -0.93% | 0.00% | 0.00% | 3.58% |
| Q3 2025 | 11.88% | 1.43% | 0.00% | 0.00% | 4.28% |
| Q2 2025 | 11.50% | 1.02% | 0.00% | 0.00% | 4.11% |
| Q1 2025 | 11.55% | 0.45% | 0.00% | 0.00% | 3.61% |
| Q4 2024 | 12.07% | -1.39% | 0.00% | 0.00% | 3.99% |
| Q3 2024 | 12.75% | 1.22% | 0.00% | 0.00% | 4.23% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 & Merchants Bank | Duke , OK | 73532 | $18.1M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in OK, rank 190 of 192 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 Merchants Bank
What are Farmers and Merchants Bank's total assets?
As of the Q2 2026 filing, Farmers and Merchants Bank reported total assets of $20.5 million in its FFIEC call report.
Where is Farmers and Merchants Bank headquartered?
It is headquartered in Duke, OK, United States.
When was Farmers and Merchants Bank founded?
It was established in 1910, per the FDIC institution directory.
Is Farmers and Merchants Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #12284). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Farmers and Merchants Bank?
Farmers and Merchants Bank's primary federal regulator is the FDIC.
How many branches does Farmers and Merchants Bank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Farmers and Merchants Bank's Texas Ratio?
Its Texas Ratio is 0.00% 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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