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First Farmers & Merchants State Bank of Grand Meadow Locations & Branches Grand Meadow, Minnesota
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First Farmers & Merchants State Bank of Grand Meadow operates 3 branches from its headquarters in Grand Meadow, MN, . Its main office is at 105 Main St N, Grand Meadow, MN 55936.
First Farmers & Merchants State Bank of Grand Meadow branch network
All 3 branches are in MINNESOTA, across 3 cities. Its largest office by deposits is its main office in Grand Meadow, MN, with $45.2M (54.4% of its branch deposits). It had the same number of branches on June 30, 2025.
First Farmers & Merchants State Bank of Grand Meadow at a glance
Its CET1 capital ratio was 11.46% at Q2 2026, above regulatory requirements.
- Total assets, Q2 2026
- $93.0M
- CET1 ratio, Q2 2026
- 11.46%
- Deposit insurance
- FDIC
- Regulator
- FDIC
- Latest call report
- Q2 2026, FFIEC 041
- Established
- 1938
Full financial profile · Is First Farmers & Merchants State Bank of Grand Meadow safe? · First Farmers & Merchants State Bank of Grand Meadow Q3 2026 call report, filed October 20, 2026 (preliminary) · 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: Grand Meadow, MN (1 branch) | 1 of 1 | 100.0% | $45.2M |
| State: MN (3 branches) | 210 of 277 | <0.1% | $83.2M |
Ranked by total assets among banks headquartered in the state: Largest banks in Minnesota.
Share by county and metro area
First Farmers & Merchants State Bank of Grand Meadow'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 |
|---|---|---|---|---|
| Mower, MN (2 branches) | 7 of 11 | 6.3% | $52.5M | $830.0M |
| Olmsted, MN (1 branch) | 18 of 19 | 0.6% | $30.8M | $5.54B |
Metro areas
| Metro area | Rank | Deposit share | Deposits | Metro total |
|---|---|---|---|---|
| Austin, MN (2 branches) | 7 of 11 | 6.3% | $52.5M | $830.0M |
| Rochester, MN (1 branch) | 29 of 34 | 0.4% | $30.8M | $7.58B |
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First Farmers & Merchants State Bank of Grand Meadow (main office) | Grand Meadow, MN | 55936 | $45.2M |
| Stewartville Branch | Stewartville, MN | 55976 | $30.8M |
| Detached Facility | Racine, MN | 55967 | $7.2M |
Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.
Regulator records: FDIC BankFind (cert 15621) · FFIEC NIC profile (RSSD 77150)