Farmers & Merchants State Bank is headquartered in ARCHBOLD and is the 15th largest bank in the state of Ohio. It is also the 376th largest bank in the nation. It was established in 1897 and as of June of 2023, it had grown to 460 employees at 38 locations. Farmers & Merchants State Bank's savings rates are 5X the national average, and it boasts an A+ health rating.
Overall | |
---|---|
FDIC Certificate # | 5969 |
Year Established | 1897 |
Employees | 460 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.84% |
Return on Equity - YTD | 7.93% |
Annual Interest Income | $65.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $3.14B$2.65B |
Loans | Q2 2023vs Q2 2022 | $2.49B$2.02B |
Deposits | Q2 2023vs Q2 2022 | $2.47B$2.23B |
Equity Capital | Q2 2023vs Q2 2022 | $327.9MM$287.6MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $24.9MM$18.4MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $6.3MM$5.2MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Farmers & Merchants State Bank; we are a rate comparison website and cannot provide official rates or promotions.
* 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 |
---|---|---|---|---|
4.12% | $2.5k | - | 26 Month Fixed IRA |