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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 37th largest bank in the state of South Dakota. It is also the 4,248th largest bank in the nation. It was established in 1910 and as of June of 2017, it had grown to 13 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
Employees13
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2%
Return on Equity - YTD18.7%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$103.3MM$103.9MM
LoansQ2 2017vs Q2 2016$87.0MM$94.7MM
DepositsQ2 2017vs Q2 2016$89.0MM$93.2MM
Equity CapitalQ2 2017vs Q2 2016$11.1MM$10.4MM
Loan Loss AllowanceQ2 2017vs Q2 2016$1.7MM$1.4MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$411.00K$530.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
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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