The Farmers and Merchants Bank


Overview / Commentary
765-869-5513
302 South Old Us Highway 41
Boswell, IN 47921

The Farmers and Merchants Bank is headquartered in BOSWELL and is the 72nd largest bank in the state of Indiana. It is also the 2,979th largest bank in the nation. It was established in 1903 and as of March of 2025, it had grown to 29 employees at 4 locations. The Farmers and Merchants Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #1843
Year Established1903
Employees29
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.38%
Return on Equity - YTD5.26%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$210.5MM$196.3MM
LoansQ1 2025vs Q1 2024$128.5MM$116.4MM
DepositsQ1 2025vs Q1 2024$192.7MM$177.7MM
Equity CapitalQ1 2025vs Q1 2024$15.4MM$14MM
Loan Loss AllowanceQ1 2025vs Q1 2024$1.5MM$1.5MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$0$0
Real Estate OwnedQ1 2025vs Q1 2024$564K$564K
Rates

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Locations


The Farmers and Merchants Bank Locations
West Lafayette In Branch275 Sagamore Parkway WWest Lafayette, IN 47906
Otterbein BranchU.S. 52 and Maddox RoadOtterbein, IN 47970
The Farmers and Merchants Bank302 S Old Us Highway 41Boswell, IN 47921
Lafayette Branch2 N 4th StreetLafayette, IN 47901
Williamsport Branch868 State Road 28 EWilliamsport, IN 47993

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