Farmers & Merchants State Bank is headquartered in Archbold and is the 15th largest bank in the state of Ohio. It is also the 425th largest bank in the nation. It was established in 1897 and as of June of 2022, it had grown to 390 employees at 33 locations. Farmers & Merchants State Bank has an A+ health rating.
|FDIC Certificate #||5969|
|Return on Assets - YTD||1.29%|
|Return on Equity - YTD||11.13%|
|Annual Interest Income||$45.7MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$2.65B$2.14B|
|Loans||Q2 2022vs Q2 2021||$2.02B$1.45B|
|Deposits||Q2 2022vs Q2 2021||$2.23B$1.85B|
|Equity Capital||Q2 2022vs Q2 2021||$287.6MM$226.1MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$18.4MM$15.1MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$5.2MM$7.0MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$198.00K|
Rates for Farmers & Merchants State Bank are currently being reviewed.