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The Farmers And Merchants Bank
Boswell, IN · FDIC Certificate #1843 · Chartered 04/2
Total assets
$213.42M
Total deposits
$193.97M
Total equity
$17.99M
Net loans
$140.50M
Branches (offices)
4
Net income (YTD)
$855.00K
Rank: #2,893 of 4,213 U.S. banks by assets · #69 of 87 in Indiana. Assets changed 3.4% and deposits 3.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.80% |
| Return on equity | 9.70% |
| Net interest margin (YTD) | 3.50% |
| Equity to assets | 8.43% |
| Tier 1 leverage ratio | 9.12% |
| Uninsured deposits (share of deposits) | 34.2% |
| Noncurrent loans (share of loans) | 0.01% |
| Net charge-offs (share of loans) | -0.00% |
| Loans to deposits | 72.4% |
| Real estate loans (share of loans) | 60.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $84.35M | 60.0% | |
| Commercial & industrial | $15.82M | 11.3% | |
| Consumer / individual | $1.25M | 0.9% | |
| Construction & development | $7.04M | 5.0% | |
| Agricultural | $27.41M | 19.5% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $189.85M | $173.23M | $510.00K | $12.78M |
| Jun 2023 | $200.37M | $182.83M | $637.00K | $13.22M |
| Jun 2024 | $204.93M | $188.27M | $494.00K | $14.13M |
| Jun 2025 | $206.39M | $187.98M | $692.00K | $15.98M |
| Jun 2026 | $213.42M | $193.97M | $855.00K | $17.99M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Indiana | $193.97M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $193.97M.
Similar-sized banks
Surety Bank ($213.68M) · Iowa State Bank ($213.34M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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