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The Farmers and Merchants State Bank

Scotland, SD
IDRSSD: 425050
Total Assets
$33.25M
Latest filing
Total Deposits
$29.81M
Latest filing
Net Interest Margin
4.45%
Profitability
0

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 ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date03/06/1934
Community BankYes
Ownership TypeNot Mutual
ZIP57059
State and County Number46009
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
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 Employees6
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance03/06/1934
Primary Insurance AgencyDIF
Websitehttp://wwwfmsbscotland.com
Data Updated11/14/2025
CERT13999
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$33.25M
Total Deposits$29.81M
Total Liabilities$29.94M
Total Equity Capital$3.31M
Net Income$43.00k
Net Loans and Leases$13.74M
Assets Per Employee ($Millions)$5.54M
Bank Premises and Fixed Assets$198.00k
Cash and Balances due from Depository Institutions$1.72M
Deposits Held in Domestic Offices$29.81M

Key Performance Ratios

Return on Assets (ROA)0.51%
Return on Equity (ROE)5.35%
Net Interest Margin4.45%
Efficiency Ratio76.76%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.946%
Earning Assets to total Assets93.89%

Income and Expense

Total Interest Income$445.00k
Total Noninterest Income$15.00k
Total Interest Expense$90.00k
Total Noninterest Expense$284.00k
Net Interest Income$355.00k
Pre-tax Net Operating Income$86.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$950.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$132.00k
Total Liabilities and Capital$33.25M

Securities

Securities$15.79M
Available-for-sale debt securities$15.79M
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 The Farmers and Merchants State Bank?
$33.25M as of the latest filing.
How much are The Farmers and Merchants State Bank's total deposits?
$29.81M in total deposits.
Where is The Farmers and Merchants State Bank located?
Scotland, SD.
What is the Net Interest Margin?
4.45%.
How many domestic offices does it operate?
1.
When was it established?
03/06/1934.
What is the Return on Assets (ROA)?
0.51%.
How much are total loans and leases?
$13.74M (latest filing).
What is the total interest income (latest filing)?
$445.00k.