Farmers & Merchants State Bank of New York Mills, Financial Information

About Farmers & Merchants State Bank of New York Mills

 Address:
Walker Avenue And Front Street
New York Mills, MN
Otter Tail County, Minnesota
 Established:
Dec 1916
 Number of domestic offices:
1
Agriculture bank
Total assets$76M
Net income$0M
Net income, quarterly$0M
Total deposits$64M
Domestic deposits$64M
Equity capital$11M
ROA0.66%
ROAQ, quarterly0.35%
ROA, pretax0.35%
ROAQ, quarterly, pretax0.35%
ROE4.28%
ROEQ, quarterly2.43%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Farmers & Merchants State Bank of New York Mills is a commercial bank, state charter and Fed nonmember, supervised by the FDIC. The bank was established in 1916. The bank offers: Checking Accounts, Savings / IRAs, Certificates of Deposit, Non-Consumer Checking/Savings, Non-Consumer Certificates of Deposit, Loans.