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Banks · Iowa

Farmers And Merchants Savings Bank

Iowa City, IA · FDIC Certificate #10492 · Chartered 09/2

Total assets
$122.50M
Total deposits
$102.71M
Total equity
$17.14M
Net loans
$78.43M
Branches (offices)
4
Net income (YTD)
$617.00K
Rank: #3,511 of 4,213 U.S. banks by assets · #182 of 225 in Iowa. Assets changed 1.1% and deposits 2.1% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.00%
Return on equity7.24%
Net interest margin (YTD)3.48%
Equity to assets13.99%
Tier 1 leverage ratio13.62%
Uninsured deposits (share of deposits)28.1%
Noncurrent loans (share of loans)0.00%
Net charge-offs (share of loans)0.00%
Loans to deposits76.4%
Real estate loans (share of loans)78.8%

Loan mix

CategoryAmountShare
Real estate loans$61.77M
78.8%
Commercial & industrial$9.52M
12.1%
Consumer / individual$760.00K
1.0%
Construction & development$2.33M
3.0%
Agricultural$7.41M
9.4%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$90.14M$75.40M$626.00K$12.56M
Jun 2023$86.55M$72.56M$427.00K$12.45M
Jun 2024$123.66M$103.42M$481.00K$15.70M
Jun 2025$121.22M$100.64M$551.00K$16.46M
Jun 2026$122.50M$102.71M$617.00K$17.14M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Iowa$102.71M4

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $102.71M.

Similar-sized banks

Cleo State Bank ($122.53M) · Headwaters State Bank ($122.48M)

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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