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Farmers and Merchants Bank

Milligan, NE
IDRSSD: 516154
Total Assets
$195.83M
Latest filing
Total Deposits
$146.39M
Latest filing
Net Interest Margin
3.63%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date06/10/1903
Community BankYes
Ownership TypeNot Mutual
ZIP68406
State and County Number31059
Subchapter S CorporationsYes
Trust PowersN/A
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 NameN/A

Operational Info

Number of Employees16
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance04/24/1934
Primary Insurance AgencyDIF
Websitewww.fmbmilligan.com
Data Updated11/14/2025
CERT14275
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$195.83M
Total Deposits$146.39M
Total Liabilities$173.23M
Total Equity Capital$22.60M
Net Income$885.00k
Net Loans and Leases$167.99M
Assets Per Employee ($Millions)$12.24M
Bank Premises and Fixed Assets$764.00k
Cash and Balances due from Depository Institutions$21.40M
Deposits Held in Domestic Offices$146.39M

Key Performance Ratios

Return on Assets (ROA)1.85%
Return on Equity (ROE)15.98%
Net Interest Margin3.63%
Efficiency Ratio39.81%
Tier 1 Risk-Based Capital Ratio13.843%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.16%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.541%
Earning Assets to total Assets95.73%

Income and Expense

Total Interest Income$3.08M
Total Noninterest Income$18.00k
Total Interest Expense$1.42M
Total Noninterest Expense$710.00k
Net Interest Income$1.67M
Pre-tax Net Operating Income$898.00k
Provision for Credit Losses$75.00k
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$25.73M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.11M
Total Liabilities and Capital$195.83M

Securities

Securities$64.00k
Available-for-sale debt securities$0
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?
$195.83M as of the latest filing.
How much are Farmers and Merchants Bank's total deposits?
$146.39M in total deposits.
Where is Farmers and Merchants Bank located?
Milligan, NE.
What is the Net Interest Margin?
3.63%.
How many domestic offices does it operate?
2.
When was it established?
06/10/1903.
What is the Return on Assets (ROA)?
1.85%.
How much are total loans and leases?
$167.99M (latest filing).
What is the total interest income (latest filing)?
$3.08M.