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The Farmers and Merchants Bank


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

The Farmers and Merchants Bank is headquartered in BOSWELL and is the 73rd largest bank in the state of Indiana. It is also the 3,033rd largest bank in the nation. It was established in 1903 and as of June of 2023, it had grown to 26 employees at 5 locations. The Farmers and Merchants Bank has an A health rating.

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Health
A

Data as of Q2 2023

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Health Grade Components

Overall
FDIC Certificate #1843
Year Established1903
Employees26
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD9.75%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$200.4MM$189.8MM
LoansQ2 2023vs Q2 2022$100.7MM$97.9MM
DepositsQ2 2023vs Q2 2022$182.8MM$173.2MM
Equity CapitalQ2 2023vs Q2 2022$13.2MM$12.8MM
Loan Loss AllowanceQ2 2023vs Q2 2022$1.4MM$1.4MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$2.00K$115.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0
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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