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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 35th largest bank in the state of South Dakota. It is also the 4,299th largest bank in the nation. It was established in 1910 and as of September 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 - YTD2.11%
Return on Equity - YTD21.79%
Annual Interest Income$3.8MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$105.5MM$102.8MM
LoansQ3 2016vs Q3 2015$89.3MM$93.0MM
DepositsQ3 2016vs Q3 2015$94.4MM$83.8MM
Equity CapitalQ3 2016vs Q3 2015$10.6MM$10.3MM
Loan Loss AllowanceQ3 2016vs Q3 2015$1.5MM$1.3MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$278.00K$194.00K
Real Estate OwnedQ3 2016vs Q3 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