Farmers and Merchants Bank
Laotto, IN
IDRSSD: 372640
Total Assets
$304.63M
Latest filing
Total Deposits
$280.03M
Latest filing
Net Interest Margin
3.21%
Profitability
Key People
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Locations
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Main Office
Farmers and Merchants Bank
6464 Merchants Dr
Laotto, IN 46763
Full Service - Brick and Mortar
Updated 01/30/2026Established 10/29/1914FDIC Certificate 8628
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Farmers and Merchants Bank (Main) | 6464 Merchants Dr | Laotto, IN |
| HUNTERTOWN BRANCH | 1615 W Gump Rd | Huntertown, IN |
| CHURUBUSCO BRANCH | 4084 North Us | Churubusco, IN |
| FARMERS & MERCHANTS BANK BRANCH | 511 Professional Way | Kendallville, IN |
Showing 3 of 3
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 | 10/29/1914 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 46763 |
| State and County Number | 18113 |
| Subchapter S Corporations | Yes |
| Trust Powers | Limited Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Kendallville, IN |
Operational Info
| Number of Employees | 27 |
| Domestic Offices | 4 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 01/31/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fmfbank.com |
| Data Updated | 01/30/2026 |
| CERT | 13801 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $304.63M |
| Total Deposits | $280.03M |
| Total Liabilities | $281.61M |
| Total Equity Capital | $23.01M |
| Net Income | $1.04M |
| Net Loans and Leases | $186.00M |
| Assets Per Employee ($Millions) | $10.88M |
| Bank Premises and Fixed Assets | $2.31M |
| Cash and Balances due from Depository Institutions | $42.28M |
| Deposits Held in Domestic Offices | $280.03M |
Key Performance Ratios
| Return on Assets (ROA) | 1.38% |
| Return on Equity (ROE) | 18.39% |
| Net Interest Margin | 3.21% |
| Efficiency Ratio | 57.24% |
| Tier 1 Risk-Based Capital Ratio | 11.374% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.08% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 7.554% |
| Earning Assets to total Assets | 95.52% |
Income and Expense
| Total Interest Income | $3.61M |
| Total Noninterest Income | $265.00k |
| Total Interest Expense | $1.30M |
| Total Noninterest Expense | $1.47M |
| Net Interest Income | $2.31M |
| Pre-tax Net Operating Income | $1.04M |
| Provision for Credit Losses | $61.00k |
| 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 | $6.91M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.58M |
| Total Liabilities and Capital | $304.63M |
Securities
| Securities | $58.59M |
| Available-for-sale debt securities | $58.59M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Farmers and Merchants Bank?
$304.63M as of the latest filing.
How much are Farmers and Merchants Bank's total deposits?
$280.03M in total deposits.
Where is Farmers and Merchants Bank located?
Laotto, IN.
What is the Net Interest Margin?
3.21%.
How many domestic offices does it operate?
4.
When was it established?
10/29/1914.
What is the Return on Assets (ROA)?
1.38%.
How much are total loans and leases?
$186.00M (latest filing).
What is the total interest income (latest filing)?
$3.61M.