The Farmers & Merchants State Bank: Call Report & UBPR Financial Data
Data as of · sourced from FFIEC call reports. How we update
The Farmers & Merchants State Bank is an FDIC-insured commercial bank. As of Q2 2026, the bank held approximately $3.5B in total assets and $2.9B in deposits. Profitability is strong, 1.39% ROA, paired with 12.32% ROE and a 3.52% net interest margin. Regulatory capital is solid, 11.84% CET1 and 12.91% total risk-based capital ratio. Credit metrics are pristine, with nonperforming loans at just 0.27%. Its footprint covers 39 branches concentrated in Ohio.
As of June 30, 2026, The Farmers & Merchants State Bank reported a CET1 capital ratio of 11.84%, a return on assets of 1.39%, a nonperforming-loan ratio of 0.27%, a Texas ratio of 2.19%, per financial data filed with the FFIEC.
Headquarters Profile
- Address
- 307 N Defiance St, Archbold, OH 43502
- County
- Fulton
- Metro Area
- Toledo, OH
- 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 4, Cleveland
- Fiduciary (trust) powers
- Trust powers not granted
- Call Report form
- FFIEC 041
- Established
- April 1, 1897
- Former names
- The Farmers & Merchants State Bank (2013)
- Offices
- 39 domestic
- Employees (FTE)
- 477
- Domestic deposits
- $2.87B
- Allowance for credit losses
- $27.9M
- Net charge-offs (YTD)
- $222K
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 5969
- Fed RSSD
- 214414
- SEC CIK
- 792966 → filed by FARMERS & MERCHANTS BANCORP, INC.
- Website
- www.fm.bank →
- Parent Holding Company
- FARMERS & MERCHANTS BANCORP, INC. (RSSD 1134630) · FMAO
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Eller Lars B | CEO | President & CEO |
| Sauder Kevin J | CHR | Chairman of the Board |
| Faust Eric D | CRO | Chief Risk Officer |
| Singhal Shalini | CIO | SVP/Chief Information Officer |
Profitability
Capital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
The quarter's own net income, as filed. It needs no adjustment because the filing does not accumulate it through the year.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full The Farmers & Merchants State Bank terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock The Farmers & Merchants State Bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
The Farmers & Merchants State Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.84% | 1.39% | 0.27% | 2.19% | 3.52% |
| Q1 2026 | 11.74% | 1.17% | 0.41% | 3.44% | 3.46% |
| Q4 2025 | 11.51% | 1.18% | 0.42% | 3.43% | 3.51% |
| Q3 2025 | 11.51% | 1.09% | 0.20% | 1.63% | 3.45% |
| Q2 2025 | 11.39% | 0.98% | 0.14% | 1.23% | 3.30% |
| Q1 2025 | 11.37% | 0.88% | 0.18% | 1.51% | 3.08% |
| Q4 2024 | 11.40% | 1.00% | 0.12% | 1.09% | 2.87% |
| Q3 2024 | 11.28% | 0.82% | 0.12% | 1.02% | 2.75% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, mapped, and listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 39 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| The Farmers & Merchants State Bank | Archbold , OH | 43502 | $491.4M |
| Wauseon Branch | Wauseon , OH | 43567 | $191.7M |
| South Main Branch | Bryan , OH | 43506 | $173.5M |
| Perpetual Federal Mo Branch | Urbana , OH | 43078 | $151.2M |
| Defiance Branch | Defiance , OH | 43512 | $117.7M |
| Fort Wayne Office Branch | Fort Wayne , IN | 46802 | $113.7M |
| Napoleon Branch | Napoleon , OH | 43545 | $113.6M |
| Peoples Federal Savings Branch | Sidney , OH | 45365 | $83.6M |
| Birmingham Office Branch | Birmingham , MI | 48009 | $83.5M |
| Angola Branch | Angola , IN | 46703 | $83.4M |
| Ossian Branch | Ossian , IN | 46777 | $76.9M |
| Perrysburg Branch | Perrysburg , OH | 43551 | $76.7M |
| Swanton Branch | Swanton , OH | 43558 | $69.4M |
| Butler Branch | Butler , IN | 46721 | $65.6M |
| The Farmers & Merchants State Bank - Fort Wayne - Illinois Branch | Fort Wayne , IN | 46804 | $65.3M |
| West Unity Branch | West Unity , OH | 43570 | $63.8M |
| Berne Branch | Berne , IN | 46711 | $63.6M |
| Delta Branch | Delta , OH | 43515 | $62.3M |
| Farmers & Merchants State Bank- Sylvania Branch | Sylvania , OH | 43560 | $61.6M |
| Decatur Office Branch | Decatur , IN | 46733 | $58.7M |
| Eastside Branch | Montpelier , OH | 43543 | $58.7M |
| Monroe Branch | Monroe , IN | 46772 | $54.6M |
| Old Bank of Geneva Branch | Geneva , IN | 46740 | $54.5M |
| Waterville Oh Branch | Waterville , OH | 43566 | $50.5M |
| Stryker Branch | Stryker , OH | 43557 | $45.4M |
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 |
|---|---|---|---|
| October 1, 2022 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2022 | Structure Change | Acquired Peoples Federal Savings and Loan Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 1, 2021 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2021 | Structure Change | Acquired Perpetual Federal Savings Bank of Urbana Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 1, 2021 | Structure Change | Acquired Ossian State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 30, 2021 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2019 | Structure Change | Acquired Bank of Geneva Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 31, 2007 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 31, 2007 | Structure Change | Acquired Knisely Bank 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 10 events.
Regulatory record
What the public regulatory sources show for The Farmers & Merchants State Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.3% of deposits in OH, rank 24 of 185 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- Not on file: no HMDA filing matched
- Period: not on file. Source: FFIEC HMDA loan application register.
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about The Farmers & Merchants State Bank
What are The Farmers & Merchants State Bank's total assets?
As of the Q2 2026 filing, The Farmers & Merchants State Bank reported total assets of $3.49 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is The Farmers & Merchants State Bank headquartered?
The Farmers & Merchants State Bank is headquartered in Archbold, OH, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was The Farmers & Merchants State Bank founded?
The Farmers & Merchants State Bank was established in 1897, per the FDIC institution directory.
Is The Farmers & Merchants State Bank FDIC-insured?
Yes. The Farmers & Merchants State Bank is an FDIC-insured commercial bank (FDIC Certificate #5969). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Farmers & Merchants State Bank?
The Farmers & Merchants State Bank's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is The Farmers & Merchants State Bank's CET1 capital ratio?
The Farmers & Merchants State Bank reported a Common Equity Tier 1 (CET1) capital ratio of 11.84% in its Q2 2026 call report, above regulatory requirements.
How many branches does The Farmers & Merchants State Bank operate?
The Farmers & Merchants State Bank operates 39 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Farmers & Merchants State Bank's Texas Ratio?
The Farmers & Merchants State Bank's Texas Ratio is 2.19% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was The Farmers & Merchants State Bank previously called?
The charter now named The Farmers & Merchants State Bank has also operated as The Farmers & Merchants State Bank (2013), per FDIC structure-change records.
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