Farmers & Merchants State Bank is headquartered in ARCHBOLD and is the 15th largest bank in the state of Ohio. It is also the 375th largest bank in the nation. It was established in 1897 and as of September of 2024, it had grown to 446 employees at 40 locations. Farmers & Merchants State Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 5969 |
Year Established | 1897 |
Employees | 446 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.76% |
Return on Equity - YTD | 7.32% |
Annual Interest Income | $121.5MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $3.38B$3.22B |
Loans | Q3 2024vs Q3 2023 | $2.51B$2.51B |
Deposits | Q3 2024vs Q3 2023 | $2.69B$2.58B |
Equity Capital | Q3 2024vs Q3 2023 | $358.5MM$326.2MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $25.5MM$25.3MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $2.9MM$22.4MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
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