The Farmers & Merchants State Bank
Headquartered in Archbold, OH. Part of Farmers & Merchants Bancorp, Inc. FDIC certificate #5969 · Federal Reserve RSSD 214414.
Total assets
$3.5B
Deposits
$2.8B
Q1 2026
Active branches
41
Closings since Jan 2020
5
8 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$10M
Return on assets
1.15%
Return on equity
10.12%
Noncurrent loan rate
0.41%
Deposits by year (Summary of Deposits)
12019
12020
22021
22022
22023
32024
32025
Values in $ billions, June 30 of each year.
Closings by year
42021
12023
Openings by year
22021
52023
12025
Other network changes since 2020
- 7 branches acquired through purchases or mergers
Branches by state
Recent closings
- 403 ERIE PASS · closed May 15, 2023
- 929 E HIGH ST · closed June 15, 2021
- 119 NORTH FULTON STREET · closed March 1, 2021
- 1313 S DEFIANCE STREET · closed March 1, 2021
- The Farmers & Merchants State Bank — Monroeville, INbank exits cityno other active branch recorded in city103 MAIN ST · closed March 1, 2021
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.fm.bank.