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Overview / Commentary
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 4,351st largest bank in the nation. It was established in 1910 and as of June of 2016, 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 - YTD2.09%
Return on Equity - YTD21.87%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$103.9MM$98.2MM
LoansQ2 2016vs Q2 2015$94.7MM$89.2MM
DepositsQ2 2016vs Q2 2015$93.2MM$83.8MM
Equity CapitalQ2 2016vs Q2 2015$10.4MM$9.9MM
Loan Loss AllowanceQ2 2016vs Q2 2015$1.4MM$1.3MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$530.00K$515.00K
Real Estate OwnedQ2 2016vs Q2 2015$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