Farmers & Merchants State Bank
Waterloo, WI
IDRSSD: 79145
Total Assets
$239.29M
Latest filing
Total Deposits
$177.64M
Latest filing
Net Interest Margin
3.19%
Profitability
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 | 01/01/1897 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 53594 |
| State and County Number | 55055 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Watertown-Fort Atkinson, WI |
Operational Info
| Number of Employees | 33 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/01/2025 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.FandMStBk.com |
| Data Updated | 11/14/2025 |
| CERT | 13242 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $239.29M |
| Total Deposits | $177.64M |
| Total Liabilities | $213.29M |
| Total Equity Capital | $26.00M |
| Net Income | $461.00k |
| Net Loans and Leases | $202.84M |
| Assets Per Employee ($Millions) | $7.98M |
| Bank Premises and Fixed Assets | $4.96M |
| Cash and Balances due from Depository Institutions | $5.28M |
| Deposits Held in Domestic Offices | $177.64M |
Key Performance Ratios
| Return on Assets (ROA) | 0.77% |
| Return on Equity (ROE) | 7.17% |
| Net Interest Margin | 3.19% |
| Efficiency Ratio | 72.56% |
| 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 | 10.864% |
| Earning Assets to total Assets | 95.4% |
Income and Expense
| Total Interest Income | $3.03M |
| Total Noninterest Income | $311.00k |
| Total Interest Expense | $1.22M |
| Total Noninterest Expense | $1.54M |
| Net Interest Income | $1.81M |
| Pre-tax Net Operating Income | $583.00k |
| 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 | $33.19M |
| Federal Funds Sold & Reverse Repurchase Agreement | $2.37M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.47M |
| Total Liabilities and Capital | $239.29M |
Securities
| Securities | $19.27M |
| Available-for-sale debt securities | $19.27M |
| 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 State Bank?
$239.29M as of the latest filing.
How much are Farmers & Merchants State Bank's total deposits?
$177.64M in total deposits.
Where is Farmers & Merchants State Bank located?
Waterloo, WI.
What is the Net Interest Margin?
3.19%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1897.
What is the Return on Assets (ROA)?
0.77%.
How much are total loans and leases?
$202.84M (latest filing).
What is the total interest income (latest filing)?
$3.03M.