BranchWatch

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
$2.9B
Q2 2026
Active branches
39
Closings since Jan 2020
6
8 openings since Jan 2020

Financial snapshot — Q2 2026

All quarters
Net income (quarter)
$12M
Return on assets
1.28%
Return on equity
11.22%
Noncurrent loan rate
0.27%

Deposits by year (Summary of Deposits)

1
2019
1
2020
2
2021
2
2022
2
2023
3
2024
3
2025
3
2026

Values in $ billions, June 30 of each year.

Closings by year

4
2021
1
2023
1
2026

Openings by year

2
2021
5
2023
1
2025

Other network changes since 2020

  • 7 branches acquired through purchases or mergers

Branches by state

Recent closings

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.