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 4,069th largest bank in the nation. It was established in 1910 and as of March of 2018, it had grown to 16 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
Employees16
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.15%
Return on Equity - YTD20.9%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$109.1MM$99.0MM
LoansQ1 2018vs Q1 2017$88.8MM$86.1MM
DepositsQ1 2018vs Q1 2017$95.8MM$87.8MM
Equity CapitalQ1 2018vs Q1 2017$11.4MM$10.8MM
Loan Loss AllowanceQ1 2018vs Q1 2017$1.7MM$1.5MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$84.00K$106.00K
Real Estate OwnedQ1 2018vs Q1 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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