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

Farmers and Merchants State Bank is headquartered in Plankinton and is the 35th largest bank in the state of South Dakota. It is also the 3,944th largest bank in the nation. It was established in 1910 and as of September 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 - YTD1.92%
Return on Equity - YTD18.66%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$112.7MM$107.9MM
LoansQ3 2018vs Q3 2017$94.9MM$88.6MM
DepositsQ3 2018vs Q3 2017$98.0MM$90.5MM
Equity CapitalQ3 2018vs Q3 2017$11.7MM$11.2MM
Loan Loss AllowanceQ3 2018vs Q3 2017$2.0MM$1.7MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$161.00K$234.00K
Real Estate OwnedQ3 2018vs Q3 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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