Farmers & Merchants State Bank of Clarkfield

Farmers & Merchants State Bank of Clarkfield is headquartered in Clarkfield and is the 180^th largest bank in the state of Minnesota. It is also the 5,108^th largest bank in the nation. It was established in 1919 and as of March of 2012, it had grown to 19 employees at 3 locations. Farmers & Merchants State Bank of Clarkfield has a 5-star health rating.

Data for Q1 2012

Institution Statistics F & M Bank Minnesota FDIC Certificate # 10184 BankRate Report View Year Established 1919 Employees 19 Primary Regulator FDIC Assets and Liabilities Assets $94.00 million Loans $52.08 million Deposits $78.31 million Equity Capital $8.51 million Loan Loss Allowance $330,000 Unbacked Noncurrent Loans $62,000 Real Estate Owned $128,000 Historic Data - March 2011 Assets $82.88 million Equity Capital $7.45 million Loan Loss Allowance $240,000 Unbacked Noncurrent Loans $29,000 Real Estate Owned $162,000 Profit Margin - Quarterly Net Interest Margin 3.36% Return on Assets 0.87% Return on Equity 9.96% Interest Income $874,000

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 & Merchants State Bank of Clarkfield had $190,000 in non-current loans and owned real-estate with $8.84 million in equity and loan loss allowances on hand to cover it. This gives Farmers & Merchants State Bank of Clarkfield a Texas Ratio of 2.15% 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 & Merchants State Bank of Clarkfield held steady from 2.48% as of March 31, 2011 to 2.15% as of March 31, 2012, resulting in a positive change of 13.48%.This indicates that the balance sheet and financial strength for Farmers & Merchants State Bank of Clarkfield has held steady in recent periods. Deposit Growth In the past year, Farmers & Merchants State Bank of Clarkfield has increased its total deposits by $7.57 million, resulting in 10.71% 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 State Bank of Clarkfield 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 & Merchants State Bank of Clarkfield has $94 million in assets with $8.84 million in equity, resulting in a capitalization level of 9.40%, which is average.

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