Farmers & Merchants State Bank
Waterloo, WI
IDRSSD: 79145
Total Assets
$240.84M
Latest filing
Total Deposits
$179.70M
Latest filing
Net Interest Margin
3.42%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Farmers & Merchants State Bank
210 W Madison St
Waterloo, WI 53594
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1897FDIC Certificate 8377
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Farmers & Merchants State Bank (Main) | 210 W Madison St | Waterloo, WI |
| MARSHALL BRANCH | 218 W Main St | Marshall, WI |
| LAKE MILLS BRANCH | 550 W Tyranena Park Rd | Lake Mills, WI |
Showing 2 of 2
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 | 30 |
| 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 | 01/30/2026 |
| CERT | 13242 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $240.84M |
| Total Deposits | $179.70M |
| Total Liabilities | $215.21M |
| Total Equity Capital | $25.64M |
| Net Income | $797.00k |
| Net Loans and Leases | $204.92M |
| Assets Per Employee ($Millions) | $8.3M |
| Bank Premises and Fixed Assets | $4.96M |
| Cash and Balances due from Depository Institutions | $6.70M |
| Deposits Held in Domestic Offices | $179.70M |
Key Performance Ratios
| Return on Assets (ROA) | 1.33% |
| Return on Equity (ROE) | 12.35% |
| Net Interest Margin | 3.42% |
| Efficiency Ratio | 57.1% |
| 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 | 10.645% |
| Earning Assets to total Assets | 95.31% |
Income and Expense
| Total Interest Income | $3.14M |
| Total Noninterest Income | $390.00k |
| Total Interest Expense | $1.18M |
| Total Noninterest Expense | $1.34M |
| Net Interest Income | $1.96M |
| Pre-tax Net Operating Income | $1.01M |
| 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 | $33.19M |
| Federal Funds Sold & Reverse Repurchase Agreement | $2.09M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.32M |
| Total Liabilities and Capital | $240.84M |
Securities
| Securities | $17.69M |
| Available-for-sale debt securities | $17.69M |
| 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 & Merchants State Bank?
$240.84M as of the latest filing.
How much are Farmers & Merchants State Bank's total deposits?
$179.70M in total deposits.
Where is Farmers & Merchants State Bank located?
Waterloo, WI.
What is the Net Interest Margin?
3.42%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1897.
What is the Return on Assets (ROA)?
1.33%.
How much are total loans and leases?
$204.92M (latest filing).
What is the total interest income (latest filing)?
$3.14M.