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Farmers And Merchants State Bank
Langdon, ND · FDIC Certificate #21728 · Chartered 08/1
Total assets
$143.12M
Total deposits
$105.62M
Total equity
$20.80M
Net loans
$80.11M
Branches (offices)
1
Net income (YTD)
$1.11M
Rank: #3,355 of 4,213 U.S. banks by assets · #39 of 60 in North Dakota. Assets changed -1.8% and deposits 3.9% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.54% |
| Return on equity | 10.84% |
| Net interest margin (YTD) | 3.43% |
| Equity to assets | 14.53% |
| Tier 1 leverage ratio | 15.70% |
| Uninsured deposits (share of deposits) | 36.9% |
| Noncurrent loans (share of loans) | 1.86% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 75.8% |
| Real estate loans (share of loans) | 48.8% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $39.12M | 48.8% | |
| Commercial & industrial | $9.48M | 11.8% | |
| Consumer / individual | $3.19M | 4.0% | |
| Construction & development | $1.91M | 2.4% | |
| Agricultural | $28.11M | 35.1% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $139.20M | $122.57M | $690.00K | $15.87M |
| Jun 2023 | $140.15M | $111.15M | $833.00K | $16.43M |
| Jun 2024 | $142.46M | $108.42M | $575.00K | $16.85M |
| Jun 2025 | $145.80M | $101.63M | $724.00K | $18.61M |
| Jun 2026 | $143.12M | $105.62M | $1.11M | $20.80M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| North Dakota | $105.62M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $105.62M.
Similar-sized banks
River Falls State Bank ($143.20M) · Bank Of Cadiz And Trust Company ($142.91M)
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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