Farmers & Merchants State Bank is headquartered in Archbold and is the 15th largest bank in the state of Ohio. It is also the 438th largest bank in the nation. It was established in 1897 and as of December of 2021, it had grown to 385 employees at 33 locations. Farmers & Merchants State Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 5969 |
Year Established | 1897 |
Employees | 385 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.08% |
Return on Equity - YTD | 9.49% |
Annual Interest Income | $76.5MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $2.61B$1.88B |
Loans | Q4 2021vs Q4 2020 | $1.85B$1.30B |
Deposits | Q4 2021vs Q4 2020 | $2.20B$1.60B |
Equity Capital | Q4 2021vs Q4 2020 | $338.4MM$220.4MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $16.2MM$13.7MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $8.1MM$9.4MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $159.00K$71.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.24% | $2.5k | - | 20 Month Perks IRA CD (Ohio & Michigan) | |
0.24% | $2.5k | - | 20 Month Perks IRA CD (Indiana) |