Branch Network
Farmers & Merchants State Bank Locations & Branches Winterset, Iowa
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Farmers & Merchants State Bank operates 5 branches from its headquarters in Winterset, IA, .
Farmers & Merchants State Bank branch network
All 5 branches are in IOWA, across 4 cities. Winterset, IA has the most of its branches, 2. Its largest office by deposits is the Farmers and Merchants State Bank office in Winterset, IA, with $181.7M (75.4% of its branch deposits). On June 30, 2025 it had 4 branches, 1 fewer than in 2026.
Farmers & Merchants State Bank at a glance
Its CET1 capital ratio was 16.13% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Total assets, Q2 2026
- $271.7M
- CET1 ratio, Q2 2026
- 16.13%
- Deposit insurance
- FDIC
- Regulator
- FDIC
- Latest call report
- Q2 2026, FFIEC 051
- Established
- 1938
Full financial profile · Is Farmers & Merchants State Bank safe? · Farmers & Merchants State Bank call report · Routing number
Deposit market share
Share of all FDIC-insured deposits held in each area, from the June 30, 2026 Summary of Deposits. Rank 1 is the largest holder. Shares are by bank charter, not by holding company.
| Area | Rank | Deposit share | Deposits |
|---|---|---|---|
| City: Winterset, IA (2 branches) | 1 of 3 | 52.1% | $181.7M |
| State: IA (5 branches) | 118 of 261 | 0.2% | $241.1M |
Ranked by total assets among banks headquartered in the state: Largest banks in Iowa.
Share by county and metro area
Farmers & Merchants State Bank's share of FDIC-insured deposits in the counties and metro areas where it has branches, from the June 30, 2026 Summary of Deposits. Up to the ten largest of each are shown, by the bank's deposits. Rank 1 is the largest holder. Banks only: credit unions are not in the Summary of Deposits.
Counties
| County | Rank | Deposit share | Deposits | County total |
|---|---|---|---|---|
| Madison, IA (3 branches) | 1 of 4 | 45.1% | $210.0M | $465.8M |
| Adair, IA (2 branches) | 3 of 4 | 10.1% | $31.1M | $307.0M |
Metro areas
| Metro area | Rank | Deposit share | Deposits | Metro total |
|---|---|---|---|---|
| Des Moines-West Des Moines, IA (3 branches) | 25 of 57 | 0.6% | $210.0M | $37.99B |
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Farmers and Merchants State Bank | Winterset, IA | 50273 | $181.7M |
| Orient Branch | Orient, IA | 50858 | $30.6M |
| St Charles Branch | Saint Charles, IA | 50240 | $28.3M |
| Farmers & Merchants State Bank - Greenfield Branch | Greenfield, IA | 50849 | $530K |
| Motor Branch | Winterset, IA | 50273 | $0 |
Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.
Regulator records: FDIC BankFind (cert 15610) · FFIEC NIC profile (RSSD 145741)