Farmers and Merchants State Bank of Pierz

Farmers and Merchants State Bank of Pierz is headquartered in Pierz and is the 101^st largest bank in the state of Minnesota. It is also the 3,504^th largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 32 employees at 2 locations. Farmers and Merchants State Bank of Pierz has a 4-star health rating.

Data for Q1 2012

Institution Statistics Farmers and Merchants State Bank of Pierz FDIC Certificate # 10165 BankRate Report View Year Established 1908 Employees 32 Primary Regulator FDIC Assets and Liabilities Assets $171.95 million Loans $123.19 million Deposits $152.52 million Equity Capital $19.17 million Loan Loss Allowance $1.74 million Unbacked Noncurrent Loans $3.37 million Real Estate Owned $955,000 Historic Data - March 2011 Assets $165.87 million Equity Capital $16.37 million Loan Loss Allowance $1.70 million Unbacked Noncurrent Loans $3.01 million Real Estate Owned $1.49 million Profit Margin - Quarterly Net Interest Margin 4.49% Return on Assets 2.5% Return on Equity 23% Interest Income $2.18 million

Institution Health Overall Score: 4 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 Pierz had $4.33 million in non-current loans and owned real-estate with $20.92 million in equity and loan loss allowances on hand to cover it. This gives Farmers and Merchants State Bank of Pierz a Texas Ratio of 20.70% which is average. 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 Pierz decreased slightly from 24.88% as of March 31, 2011 to 20.70% as of March 31, 2012, resulting in a positive change of 16.80%.This indicates that the balance sheet and financial strength for Farmers and Merchants State Bank of Pierz has improved slightly in recent periods. Deposit Growth In the past year, Farmers and Merchants State Bank of Pierz has increased its total deposits by $5.29 million, resulting in 3.59% 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 Pierz has shown is above average. 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 Pierz has $171.95 million in assets with $20.92 million in equity, resulting in a capitalization level of 12.16%, which is excellent.

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