The Farmers and Merchants State Bank
Scotland, SD
IDRSSD: 425050
Total Assets
$34.04M
Latest filing
Total Deposits
$30.51M
Latest filing
Net Interest Margin
4.36%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
The Farmers and Merchants State Bank
550 Main St
Scotland, SD 57059
Full Service - Brick and Mortar
Updated 01/30/2026Established 03/06/1934FDIC Certificate 8755
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| The Farmers and Merchants State Bank (Main) | 550 Main St | Scotland, SD | ||
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 | 03/06/1934 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 57059 |
| State and County Number | 46009 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| 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 | N/A |
Operational Info
| Number of Employees | 6 |
| Domestic Offices | 1 |
| 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 | 03/06/1934 |
| Primary Insurance Agency | DIF |
| Website | http://wwwfmsbscotland.com |
| Data Updated | 01/30/2026 |
| CERT | 13999 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $34.04M |
| Total Deposits | $30.51M |
| Total Liabilities | $30.57M |
| Total Equity Capital | $3.47M |
| Net Income | $79.00k |
| Net Loans and Leases | $13.43M |
| Assets Per Employee ($Millions) | $5.67M |
| Bank Premises and Fixed Assets | $282.00k |
| Cash and Balances due from Depository Institutions | $1.44M |
| Deposits Held in Domestic Offices | $30.51M |
Key Performance Ratios
| Return on Assets (ROA) | 0.94% |
| Return on Equity (ROE) | 9.32% |
| Net Interest Margin | 4.36% |
| Efficiency Ratio | 79.64% |
| 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 | 10.204% |
| Earning Assets to total Assets | 94.97% |
Income and Expense
| Total Interest Income | $433.00k |
| Total Noninterest Income | $42.00k |
| Total Interest Expense | $87.00k |
| Total Noninterest Expense | $309.00k |
| Net Interest Income | $346.00k |
| Pre-tax Net Operating Income | $79.00k |
| 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 | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $2.69M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $61.00k |
| Total Liabilities and Capital | $34.04M |
Securities
| Securities | $15.47M |
| Available-for-sale debt securities | $15.47M |
| 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 The Farmers and Merchants State Bank?
$34.04M as of the latest filing.
How much are The Farmers and Merchants State Bank's total deposits?
$30.51M in total deposits.
Where is The Farmers and Merchants State Bank located?
Scotland, SD.
What is the Net Interest Margin?
4.36%.
How many domestic offices does it operate?
1.
When was it established?
03/06/1934.
What is the Return on Assets (ROA)?
0.94%.
How much are total loans and leases?
$13.43M (latest filing).
What is the total interest income (latest filing)?
$433.00k.