The Farmers & Merchants Bank (WI) is headquartered in BERLIN and is the 32nd largest bank in the state of Wisconsin. It is also the 1,103rd largest bank in the nation. It was established in 1940 and as of March of 2025, it had grown to 56 employees at 2 locations. The Farmers & Merchants Bank (WI)'s money market rates are 8X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 15779 |
Year Established | 1940 |
Employees | 56 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.41% |
Return on Equity - YTD | 18.67% |
Annual Interest Income | $14.1MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $934.8MM$884MM |
Loans | Q1 2025vs Q1 2024 | $728.1MM$692.2MM |
Deposits | Q1 2025vs Q1 2024 | $819.1MM$743.1MM |
Equity Capital | Q1 2025vs Q1 2024 | $70.6MM$66.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $7.8MM$7.6MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $8.1MM$1MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.20%* | $25k* | - | FMB Ultimate Interest Checking | ||
OTHER TIERS: 0.05% → $0 - $2.5k | 0.10% → $2.5k - $10k | 0.15% → $10k - $25k |
The Farmers & Merchants Bank (WI) Locations | ||
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The Farmers & Merchants Bank | 123 W Huron St | Berlin, WI 54923 |
Berlin Drive Up Location Branch | 663 Broadway St | Berlin, WI 54923 |