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Farmers and Merchants Bank, Financial Information

About Farmers and Merchants Bank

 Address:
501 Main St
Milligan, NE
Fillmore County, Nebraska
 Established:
Jun 1903
 Number of domestic offices:
2
Agriculture bank
Total assets$128M
Net income$2M
Net income, quarterly$0M
Total deposits$107M
Domestic deposits$107M
Equity capital$16M
ROA1.32%
ROAQ, quarterly1.03%
ROA, pretax1.03%
ROAQ, quarterly, pretax1.05%
ROE10.79%
ROEQ, quarterly8.54%
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 and Merchants Bank will provide superior financial services in the communities it serves and promote growth and economic stability within those communities. The bank began with 30 accounts and total assets of $33,910.33. The bank grew slowly in its first 90 years reaching total assets of approximately $8,000,000 in 1992. The total assets of the bank today are near $50,000,000.00. The bank has always been independently owned.

Farmers and Merchants Bank
P.O. Box 10
Milligan, NE 68406
1-402-629-4251
1-888-629-4251 (Toll Free)
1-402-629-4239 (Fax)

Historical Data