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The Farmers And Merchants State Bank
Scotland, SD · FDIC Certificate #13999 · Chartered 03/0
Total assets
$36.04M
Total deposits
$32.37M
Total equity
$3.57M
Net loans
$13.27M
Branches (offices)
1
Net income (YTD)
$221.00K
Rank: #4,122 of 4,213 U.S. banks by assets · #54 of 56 in South Dakota. Assets changed 4.3% and deposits 3.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.25% |
| Return on equity | 12.71% |
| Net interest margin (YTD) | 4.40% |
| Equity to assets | 9.92% |
| Tier 1 leverage ratio | 11.89% |
| Uninsured deposits (share of deposits) | 22.8% |
| Noncurrent loans (share of loans) | 0.08% |
| Net charge-offs (share of loans) | -0.02% |
| Loans to deposits | 41.0% |
| Real estate loans (share of loans) | 16.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $2.15M | 16.2% | |
| Commercial & industrial | $2.03M | 15.3% | |
| Consumer / individual | $1.81M | 13.7% | |
| Construction & development | $0 | 0.0% | |
| Agricultural | $7.49M | 56.5% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $37.34M | $35.13M | $76.00K | $2.20M |
| Jun 2023 | $33.59M | $31.24M | $192.00K | $2.31M |
| Jun 2024 | $33.95M | $31.30M | $168.00K | $2.53M |
| Jun 2025 | $34.56M | $31.31M | $219.00K | $3.13M |
| Jun 2026 | $36.04M | $32.37M | $221.00K | $3.57M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| South Dakota | $32.37M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $32.37M.
Similar-sized banks
Citizens Bank Of Chatsworth ($36.21M) · Mutual Savings And Loan Association ($35.92M)
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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