BranchWatch

Farmers and Merchants State Bank

Headquartered in Winterset, IA. Part of Farmers and Merchants Bancorp. FDIC certificate #15610 · Federal Reserve RSSD 145741.

Total assets
$265M
Deposits
$236M
Q1 2026
Active branches
5
Closings since Jan 2020
0
1 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$747K
Return on assets
1.12%
Return on equity
11.47%
Noncurrent loan rate
0.00%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Openings by year

1
2026

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.fmstate.bank.