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 73rd largest bank in the state of Indiana. It is also the 3,280th largest bank in the nation. It was established in 1903 and as of December of 2021, it had grown to 30 employees at 5 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
Employees30
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD6.52%
Annual Interest Income$5.0MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$178.4MM$152.7MM
LoansQ4 2021vs Q4 2020$90.3MM$86.0MM
DepositsQ4 2021vs Q4 2020$158.4MM$132.8MM
Equity CapitalQ4 2021vs Q4 2020$16.1MM$16.1MM
Loan Loss AllowanceQ4 2021vs Q4 2020$1.4MM$1.4MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$16.00K$107.00K
Real Estate OwnedQ4 2021vs Q4 2020$123.00K$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 South 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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