Farmers and Merchants Savings Bank
Iowa City, IA
IDRSSD: 673244
Total Assets
$123.10M
Latest filing
Total Deposits
$101.74M
Latest filing
Net Interest Margin
3.40%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Farmers and Merchants Savings Bank
2235 Mormon Trek Blvd
Iowa City, IA 52246
Full Service - Brick and Mortar
Updated 01/30/2026Established 09/25/1901FDIC Certificate 6713
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Farmers and Merchants Savings Bank (Main) | 2235 Mormon Trek Blvd | Iowa City, IA |
| NICHOLS BRANCH | 431 Main St | Nichols, IA |
| LONE TREE BRANCH | 200 N Devoe St | Lone Tree, IA |
| PEOPLES TRUST & SAVINGS BRANCH | 90 Railroad St | Riverside, IA |
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 | 09/25/1901 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 52246 |
| State and County Number | 19103 |
| Subchapter S Corporations | No |
| Trust Powers | Trust Powers Grandfathered |
| Federal Reserve ID Number | 07 |
| 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 | Iowa City, IA |
Operational Info
| Number of Employees | 15 |
| Domestic Offices | 4 |
| 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 | www.fmbankonline.com |
| Data Updated | 01/30/2026 |
| CERT | 10492 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $123.10M |
| Total Deposits | $101.74M |
| Total Liabilities | $105.99M |
| Total Equity Capital | $17.11M |
| Net Income | $298.00k |
| Net Loans and Leases | $78.17M |
| Assets Per Employee ($Millions) | $8.21M |
| Bank Premises and Fixed Assets | $1.44M |
| Cash and Balances due from Depository Institutions | $1.59M |
| Deposits Held in Domestic Offices | $101.74M |
Key Performance Ratios
| Return on Assets (ROA) | 0.98% |
| Return on Equity (ROE) | 7.03% |
| Net Interest Margin | 3.4% |
| Efficiency Ratio | 64.38% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| 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 | 13.9% |
| Earning Assets to total Assets | 92.77% |
Income and Expense
| Total Interest Income | $1.44M |
| Total Noninterest Income | $65.00k |
| Total Interest Expense | $484.00k |
| Total Noninterest Expense | $656.00k |
| Net Interest Income | $954.00k |
| Pre-tax Net Operating Income | $363.00k |
| 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 | $3.50M |
| Federal Funds Sold & Reverse Repurchase Agreement | $952.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $751.00k |
| Total Liabilities and Capital | $123.10M |
Securities
| Securities | $34.80M |
| Available-for-sale debt securities | $34.80M |
| 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 Savings Bank?
$123.10M as of the latest filing.
How much are Farmers and Merchants Savings Bank's total deposits?
$101.74M in total deposits.
Where is Farmers and Merchants Savings Bank located?
Iowa City, IA.
What is the Net Interest Margin?
3.40%.
How many domestic offices does it operate?
4.
When was it established?
09/25/1901.
What is the Return on Assets (ROA)?
0.98%.
How much are total loans and leases?
$78.17M (latest filing).
What is the total interest income (latest filing)?
$1.44M.