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608-372-2126
1001 Superior Avenue
Tomah, WI 54660

Farmers & Merchants Bank (WI) is headquartered in Tomah and is the 103rd largest bank in the state of Wisconsin. It is also the 2,960th largest bank in the nation. It was established in 1911 and as of March of 2014, it had grown to 46 employees at 3 locations. Farmers & Merchants Bank (WI) has a B health rating.

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Health

Data for Q1 2014

Institution Health

B

Texas Ratio

GRADE:
C+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Farmers & Merchants Bank (WI) had $5.85 million in non-current loans and owned real-estate with $25.17 million in equity and loan loss allowances on hand to cover it. This gives Farmers & Merchants Bank (WI) a Texas Ratio of 23.24% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Farmers & Merchants Bank (WI) increased slightly from 8.14% as of March 31, 2013 to 23.24% as of March 31, 2014, resulting in a negative change of 185.34%. This indicates that the balance sheet and financial strength for Farmers & Merchants Bank (WI) has declined slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Farmers & Merchants Bank (WI) has increased its total deposits by $4.26 million, resulting in 2.44% 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 & Merchants Bank (WI) has shown is above average.

Capitalization

GRADE:
A+

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 & Merchants Bank (WI) has $208.36 million in assets with $25.17 million in equity, resulting in a capitalization level of 12.08%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #13046
Year Established1911
Employees46
Primary RegulatorFDIC
Assets and Liabilities
Assets$208.36 million
Loans$112.63 million
Deposits$179.19 million
Equity Capital$20.86 million
Loan Loss Allowance$4.30 million
Unbacked Noncurrent Loans$5.78 million
Real Estate Owned$67,000
Historic Data - March 2013
Assets$202.89 million
Equity Capital$21.42 million
Loan Loss Allowance$4.08 million
Unbacked Noncurrent Loans$5.78 million
Real Estate Owned$208,000
Profit Margin - Quarterly
Net Interest Margin2.94%
Return on Assets0.53%
Return on Equity5.43%
Interest Income$1.71 million
Rates

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Locations


Farmers & Merchants Bank (WI) Locations
Farmers & Merchants Bank1001 Superior AvenueTomah, WI 54660
1500 Superior Avenue Branch1500 North Superior AvenueTomah, WI 54660
Warrens Branch301 Market StreetWarrens, WI 54666