Institution Statistics
| Farmers and Merchants State Bank of Neola, Iowa | | FDIC Certificate # | 8756 | | BankRate Report | View | | Year Established | 1886 | | Employees | 14 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $58.45 million | | Loans | $20.96 million | | Deposits | $53.03 million | | Equity Capital | $5.34 million | | Loan Loss Allowance | $205,000 | | Unbacked Noncurrent Loans | $77,000 | | Real Estate Owned | $75,000 |
Historic Data - March 2011 | | Assets | $54.23 million | | Equity Capital | $4.85 million | | Loan Loss Allowance | $207,000 | | Unbacked Noncurrent Loans | $74,000 |
Profit Margin - Quarterly | | Net Interest Margin | 2.48% | | Return on Assets | 0.52% | | Return on Equity | 5.63% | | Interest Income | $378,000 |
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Institution Health
Overall Score:
5 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Farmers and Merchants State Bank of Neola, Iowa had $152,000 in non-current loans and owned real-estate with $5.54 million in equity and loan loss allowances on hand to cover it. This gives Farmers and Merchants State Bank of Neola, Iowa a Texas Ratio of 2.74% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Farmers and Merchants State Bank of Neola, Iowa held steady from 1.46% as of March 31, 2011 to 2.74% as of March 31, 2012, resulting in a negative change of 87.46%. This indicates that the balance sheet and financial strength for Farmers and Merchants State Bank of Neola, Iowa has held steady in recent periods. | | Deposit Growth | | | In the past year, Farmers and Merchants State Bank of Neola, Iowa has increased its total deposits by $3.74 million, resulting in 7.59% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Farmers and Merchants State Bank of Neola, Iowa has shown is excellent. | | Capitalization | | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Farmers and Merchants State Bank of Neola, Iowa has $58.45 million in assets with $5.54 million in equity, resulting in a capitalization level of 9.48%, which is average. |
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Average User Rating:
No Not Deal With These Guy They Dont Listen To A Word You Say
ok so i called asking for information about a personal loan for a cheap house of 4500 on a house she said well wheres the house in omaha no we do not do home loans well was i asking about home loans no duhhh hello any one home in there so i said i own 3 cars i can uses as collateral she said you want a unsecured loan? again hello any one home i secuering the loan with my cars she said sorry i cant help you well good for me there are much much better option DO NOT EVEN WAIST UR TIME WITH THIS BANK