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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 4,097th largest bank in the nation. It was established in 1910 and as of December of 2017, 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 - YTD1.91%
Return on Equity - YTD18.17%
Annual Interest Income$4.9MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$110.2MM$102.2MM
LoansQ4 2017vs Q4 2016$90.1MM$88.9MM
DepositsQ4 2017vs Q4 2016$98.6MM$91.3MM
Equity CapitalQ4 2017vs Q4 2016$11.2MM$10.6MM
Loan Loss AllowanceQ4 2017vs Q4 2016$1.7MM$1.4MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$188.00K$220.00K
Real Estate OwnedQ4 2017vs Q4 2016$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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