Farmers and Merchants Bank

Milford, NE
IDRSSD: 455552
Total Assets
$956.21M
Latest filing
Total Deposits
$796.20M
Latest filing
Net Interest Margin
2.26%
Profitability

Locations

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Main Office
Farmers and Merchants Bank
617 1st St
Milford, NE 68405
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/05/1949FDIC Certificate 10915

Branches (11)

Page 1 of 2
NameAddressCity / State
Farmers and Merchants Bank (Main)617 1st StMilford, NE
JANSEN BRANCH309 Broad StJansen, NE
BEAVER CROSSING BRANCH900 Dimery AveBeaver Crossing, NE
PALMYRA BRANCH347 C StPalmyra, NE
LAWRENCE BRANCH101 S Calvert StLawrence, NE
ERICSON STATE BANK BRANCH427 Central AveEricson, NE
PANAMA BRANCH202 Locust StPanama, NE
FIRTH BRANCH301 Nemaha StFirth, NE
Showing 7 of 11

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date07/05/1949
Community BankYes
Ownership TypeNot Mutual
ZIP68405
State and County Number31159
Subchapter S CorporationsNo
Trust PowersLimited Trust Powers Granted
Federal Reserve ID Number10
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameLincoln, NE

Operational Info

Number of Employees61
Domestic Offices12
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance07/05/1949
Primary Insurance AgencyDIF
Websitewww.bankfmb.com
Data Updated11/14/2025
CERT16810
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$956.21M
Total Deposits$796.20M
Total Liabilities$877.80M
Total Equity Capital$78.41M
Net Income$2.09M
Net Loans and Leases$231.94M
Assets Per Employee ($Millions)$15.42M
Bank Premises and Fixed Assets$3.05M
Cash and Balances due from Depository Institutions$11.94M
Deposits Held in Domestic Offices$796.20M

Key Performance Ratios

Return on Assets (ROA)0.87%
Return on Equity (ROE)11.37%
Net Interest Margin2.26%
Efficiency Ratio60.75%
Tier 1 Risk-Based Capital Ratio21.593%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.2%
Earning Assets to total Assets89.88%

Income and Expense

Total Interest Income$10.54M
Total Noninterest Income$945.00k
Total Interest Expense$5.64M
Total Noninterest Expense$3.55M
Net Interest Income$4.89M
Pre-tax Net Operating Income$2.29M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$50.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$3.44M
All Other Liabilities$28.15M
Total Liabilities and Capital$956.21M

Securities

Securities$620.66M
Available-for-sale debt securities$620.48M
Equity securities with readily determinable fair values not held for trading$0
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?
$956.21M as of the latest filing.
How much are Farmers and Merchants Bank's total deposits?
$796.20M in total deposits.
Where is Farmers and Merchants Bank located?
Milford, NE.
What is the Net Interest Margin?
2.26%.
How many domestic offices does it operate?
12.
When was it established?
07/05/1949.
What is the Return on Assets (ROA)?
0.87%.
How much are total loans and leases?
$231.94M (latest filing).
What is the total interest income (latest filing)?
$10.54M.