The Farmers & Merchants State Bank of Tolna

The Farmers & Merchants State Bank of Tolna is headquartered in Tolna and is the 62^nd largest bank in the state of North Dakota. It is also the 6,095^th largest bank in the nation. It was established in 1917 and as of March of 2012, it had grown to 14 employees at 2 locations. The Farmers & Merchants State Bank of Tolna has a 5-star health rating.

Data for Q1 2012

Institution Statistics The Farmers & Merchants State Bank of Tolna FDIC Certificate # 8640 BankRate Report View Year Established 1917 Employees 14 Primary Regulator FDIC Assets and Liabilities Assets $58.99 million Loans $29.33 million Deposits $52.46 million Equity Capital $6.22 million Loan Loss Allowance $222,000 Unbacked Noncurrent Loans $63,000 Real Estate Owned $35,000 Historic Data - March 2011 Assets $54.87 million Equity Capital $6.02 million Loan Loss Allowance $242,000 Unbacked Noncurrent Loans $556,000 Real Estate Owned $55,000 Profit Margin - Quarterly Net Interest Margin 4.3% Return on Assets 1.18% Return on Equity 10.98% Interest Income $594,000

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 The Farmers & Merchants State Bank of Tolna had $98,000 in non-current loans and owned real-estate with $6.44 million in equity and loan loss allowances on hand to cover it. This gives The Farmers & Merchants State Bank of Tolna a Texas Ratio of 1.52% 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 The Farmers & Merchants State Bank of Tolna decreased significantly from 9.75% as of March 31, 2011 to 1.52% as of March 31, 2012, resulting in a positive change of 84.40%.This indicates that the balance sheet and financial strength for The Farmers & Merchants State Bank of Tolna has improved significantly in recent periods. Deposit Growth In the past year, The Farmers & Merchants State Bank of Tolna has increased its total deposits by $3.92 million, resulting in 8.08% 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 The Farmers & Merchants State Bank of Tolna 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. The Farmers & Merchants State Bank of Tolna has $58.99 million in assets with $6.44 million in equity, resulting in a capitalization level of 10.92%, which is above average.

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