Farmers & Merchants Bank of North Dakota
Tolna, ND
IDRSSD: 954158
Total Assets
$118.92M
Latest filing
Total Deposits
$105.90M
Latest filing
Net Interest Margin
3.52%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Farmers & Merchants Bank of North Dakota
101 Main St N
Tolna, ND 58380
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/01/1917FDIC Certificate 5511
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Farmers & Merchants Bank of North Dakota (Main) | 101 Main St N | Tolna, ND |
| BINFORD BRANCH | 307 Whinery Street | Binford, ND |
| MCVILLE STATE BANK MAIN OFFICE BRANCH | 201 S Main St | Mcville, ND |
Showing 2 of 2
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 08/01/1917 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 58380 |
| State and County Number | 38063 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 20 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | http://www.fmbnd.com |
| Data Updated | 01/30/2026 |
| CERT | 8640 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $118.92M |
| Total Deposits | $105.90M |
| Total Liabilities | $106.23M |
| Total Equity Capital | $12.70M |
| Net Income | $268.00k |
| Net Loans and Leases | $53.63M |
| Assets Per Employee ($Millions) | $6.61M |
| Bank Premises and Fixed Assets | $619.00k |
| Cash and Balances due from Depository Institutions | $9.07M |
| Deposits Held in Domestic Offices | $105.90M |
Key Performance Ratios
| Return on Assets (ROA) | 0.92% |
| Return on Equity (ROE) | 8.66% |
| Net Interest Margin | 3.52% |
| Efficiency Ratio | 72.1% |
| Tier 1 Risk-Based Capital Ratio | 19.902% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.676% |
| Earning Assets to total Assets | 90.11% |
Income and Expense
| Total Interest Income | $1.36M |
| Total Noninterest Income | $55.00k |
| Total Interest Expense | $433.00k |
| Total Noninterest Expense | $708.00k |
| Net Interest Income | $927.00k |
| Pre-tax Net Operating Income | $274.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $16.00M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $324.00k |
| Total Liabilities and Capital | $118.92M |
Securities
| Securities | $35.09M |
| Available-for-sale debt securities | $29.22M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $5.80M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Farmers & Merchants Bank of North Dakota?
$118.92M as of the latest filing.
How much are Farmers & Merchants Bank of North Dakota's total deposits?
$105.90M in total deposits.
Where is Farmers & Merchants Bank of North Dakota located?
Tolna, ND.
What is the Net Interest Margin?
3.52%.
How many domestic offices does it operate?
3.
When was it established?
08/01/1917.
What is the Return on Assets (ROA)?
0.92%.
How much are total loans and leases?
$53.63M (latest filing).
What is the total interest income (latest filing)?
$1.36M.