Overview / Commentary
605-942-7781
101 South Main Street
Plankinton, SD 57368

Farmers and Merchants State Bank is headquartered in Plankinton and is the 36th largest bank in the state of South Dakota. It is also the 4,005th largest bank in the nation. It was established in 1910 and as of June of 2018, it had grown to 15 employees at 2 locations. Farmers and Merchants State Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #501
Year Established1910
Employees15
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.71%
Return on Equity - YTD16.62%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$110.6MM$103.3MM
LoansQ2 2018vs Q2 2017$91.9MM$87.0MM
DepositsQ2 2018vs Q2 2017$93.6MM$89.0MM
Equity CapitalQ2 2018vs Q2 2017$11.4MM$11.1MM
Loan Loss AllowanceQ2 2018vs Q2 2017$2.0MM$1.7MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$77.00K$411.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates

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Locations


Farmers and Merchants State Bank Locations
Farmers and Merchants State Bank101 South Main StreetPlankinton, SD 57368
White Lake Branch121 South Main StreetWhite Lake, SD 57383

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