Farmers & Merchants Bank & Trust (Marinette, WI)
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Data as of · sourced from FFIEC call reports. How we update
Farmers & Merchants Bank & Trust is an FDIC-insured commercial bank headquartered in Marinette, WI, established in 1902 (FDIC certificate 10382), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $175.1M, up 3.7% from Q2 2025, the 123rd largest of 153 banks headquartered in Wisconsin. Its CET1 capital ratio was 16.26% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 10382
- Headquarters
- Marinette, WI
- Established
- 1902
- Total assets, Q2 2026
- $175.1M
- Assets vs Q2 2025
- +3.7%
- CET1 ratio, Q2 2026
- 16.26%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 075901037
- Latest call report
- Q2 2026, FFIEC 051 · Farmers & Merchants Bank & Trust call report
- Holding company
- F & M BANKSHARES, INC.
- Asset rank in state
- 123rd of 153 in Wisconsin
Problem loans are falling at Farmers & Merchants Bank & Trust. The Marinette, Wisconsin bank had $175 million in assets at June 30, 2026, up 3.7% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, fell to 0.91% of loans from 1.46% a year earlier.
Earnings jumped: net income for the quarter was $462,000, 89% above the same quarter a year earlier. Its $20 million commercial and industrial book is improving, with 1.31% past due or on nonaccrual, down from 3.51% a year earlier.
As of June 30, 2026, Farmers & Merchants Bank & Trust reported a CET1 capital ratio of 16.26%, a return on assets of 1.03%, a nonperforming-loan ratio of 0.91% and a Texas ratio of 7.01%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Farmers & Merchants Bank & Trust is the 123rd largest of the 153 banks headquartered in Wisconsin. Between Q1 2026 and Q2 2026, its total assets rose 0.8% to $175.1M, loans rose 3.6% and deposits rose 1.9%. 1-4 family residential loans made up 36.7% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 28.4%. The FDIC Summary of Deposits lists 3 offices for it, in Marinette, WI and Crivitz, WI; its Marinette 2 offices book 91% of its branch deposits. On its Q2 2026 call report, Farmers & Merchants Bank & Trust meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 1644 Ludington St, Marinette, WI 54143
- County
- Marinette
- Metro Area
- Marinette, WI-MI
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- December 2, 1902
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 41
- Domestic deposits
- $149.4M
- Allowance for credit losses
- $1.3M
- Net charge-offs (YTD)
- $0
- Average total assets
- $179.3M
- Average total loans
- $122.2M
- Average interest-bearing deposits
- $120.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 2, 1934
- FDIC Cert
- 10382
- Fed RSSD
- 672247
- Website
- http://www.fmmarinette.com →
- Parent Holding Company
- F & M BANKSHARES, INC. (RSSD 1204300)
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
From Q3 2023 to Q2 2026, Farmers & Merchants Bank & Trust's total assets ranged from $164.5M (Q2 2024) to $175.1M (Q2 2026), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$175.1M total assets against $168.8M; $158.6M total liabilities against $153.6M.
$123.6M net loans and leases against $116.0M; $149.4M total deposits against $141.8M.
$42.5M securities against $42.4M; $4.0M cash and balances due against $5.3M.
$2.4M total interest income against $2.2M; $586K total interest expense against $633K.
$1.8M net interest income against $1.6M.
$97K total noninterest income against $104K; $1.3M total noninterest expense against $1.3M.
$25K provision for credit losses against $100K.
$462K net income against $244K.
1.03% return on assets against 0.56%; 4.20% net interest margin against 3.67%.
16.26% CET1 capital ratio against 16.44%; 11.36% tier 1 leverage ratio against 10.99%.
Inside the full Farmers & Merchants Bank & Trust terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFarmers & Merchants Bank & Trust rankings
Its closest position to the top of a national ranking is 946 of 3,640, for Texas Ratio; its furthest is 2,694 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.30% (Q3 2024) to 1.12% (Q1 2026) and its net interest margin ran from 3.21% (Q3 2024) to 4.20% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 16.26% | 1.03% | 0.91% | 7.01% | 4.20% |
| Q1 2026 | 16.72% | 1.12% | 1.21% | 8.86% | 4.16% |
| Q4 2025 | 16.40% | 0.43% | 1.07% | 7.95% | 3.97% |
| Q3 2025 | 17.42% | 0.75% | 1.12% | 8.05% | 3.79% |
| Q2 2025 | 16.44% | 0.56% | 1.46% | 11.96% | 3.67% |
| Q1 2025 | 16.73% | 0.63% | 1.44% | 11.95% | 3.42% |
| Q4 2024 | 16.18% | 0.38% | 1.61% | 12.66% | 3.47% |
| Q3 2024 | 16.18% | 0.30% | 1.57% | 11.47% | 3.21% |
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 & Merchants Bank & Trust (main office) | Marinette , WI | 54143 | $113.4M |
| Roosevelt Road Branch | Marinette , WI | 54143 | $23.0M |
| Crivitz Branch | Crivitz , WI | 54114 | $13.0M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| December 31, 1982 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 31, 1982 | Structure Change | Acquired Citizens Bank of Marinette Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in WI, rank 137 of 185 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $191K approved, $191K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 & Merchants Bank & Trust
What are Farmers & Merchants Bank & Trust's total assets?
As of the Q2 2026 filing, Farmers & Merchants Bank & Trust reported total assets of $175.1 million in its FFIEC call report.
Where is Farmers & Merchants Bank & Trust headquartered?
It is headquartered in Marinette, WI, United States.
When was Farmers & Merchants Bank & Trust founded?
It was established in 1902, per the FDIC institution directory.
Is Farmers & Merchants Bank & Trust FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #10382). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Farmers & Merchants Bank & Trust?
Farmers & Merchants Bank & Trust's primary federal regulator is the FDIC.
What is Farmers & Merchants Bank & Trust's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 16.26% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Farmers & Merchants Bank & Trust operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Farmers & Merchants Bank & Trust's Texas Ratio?
Its Texas Ratio is 7.01% 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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