Farmers & Merchants Savings Bank

Manchester, IA
IDRSSD: 863746
Total Assets
$622.37M
Latest filing
Total Deposits
$544.22M
Latest filing
Net Interest Margin
4.60%
Profitability

Locations

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Main Office
Farmers & Merchants Savings Bank
101 E Main St
Manchester, IA 52057
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/20/1925FDIC Certificate 5953

Branches (6)

Page 1 of 1
NameAddressCity / State
Farmers & Merchants Savings Bank (Main)101 E Main StManchester, IA
LINO LAKES BRANCH7641 Lake DrLino Lakes, MN
CEDAR RAPIDS BRANCH4000 1st Ave NeCedar Rapids, IA
VADNAIS HEIGHTS BRANCH845 East County Road 32Vadnais Heights, MN
CEDAR RAPIDS BRANCH200 1st St SwCedar Rapids, IA
FARMERS & MERCHANTS SAVINGS BANK BRANCH220 W Main StAnamosa, IA
MONTICELLO BRANCH111 E 1st StMonticello, IA
Showing 6 of 6

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 member, supervised by FRB
Primary RegulatorFED
Established Date07/20/1925
Community BankYes
Ownership TypeNot Mutual
ZIP52057
State and County Number19055
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code13
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 Employees89
Domestic Offices7
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.fmbankia.com
Data Updated11/14/2025
CERT9298
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$622.37M
Total Deposits$544.22M
Total Liabilities$548.23M
Total Equity Capital$74.14M
Net Income$-1,199,000
Net Loans and Leases$407.42M
Assets Per Employee ($Millions)$7.15M
Bank Premises and Fixed Assets$5.14M
Cash and Balances due from Depository Institutions$43.77M
Deposits Held in Domestic Offices$544.22M

Key Performance Ratios

Return on Assets (ROA)-0.79%
Return on Equity (ROE)-6.38%
Net Interest Margin4.6%
Efficiency Ratio56.25%
Tier 1 Risk-Based Capital Ratio15.097%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets2.89%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.912%
Earning Assets to total Assets96.48%

Income and Expense

Total Interest Income$9.00M
Total Noninterest Income$431.00k
Total Interest Expense$2.25M
Total Noninterest Expense$4.04M
Net Interest Income$6.76M
Pre-tax Net Operating Income$-1,250,000
Provision for Credit Losses$4.39M
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$0
Federal Funds Sold & Reverse Repurchase Agreement$14.28M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.00M
Total Liabilities and Capital$622.37M

Securities

Securities$137.88M
Available-for-sale debt securities$137.68M
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 & Merchants Savings Bank?
$622.37M as of the latest filing.
How much are Farmers & Merchants Savings Bank's total deposits?
$544.22M in total deposits.
Where is Farmers & Merchants Savings Bank located?
Manchester, IA.
What is the Net Interest Margin?
4.60%.
How many domestic offices does it operate?
7.
When was it established?
07/20/1925.
What is the Return on Assets (ROA)?
-0.79%.
How much are total loans and leases?
$407.42M (latest filing).
What is the total interest income (latest filing)?
$9.00M.