Farmers and Merchants State Bank of Pierz, Financial Information

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 State Bank of Pierz is a locally owned bank for over 100 years. From full-service personal and business banking to proven lending power with fast, local decision making, the bank is known for its commitment of service and friendliness.

Farmers & Merchants State Bank values agriculture and recognizes the vital role farmers play every day in the local economy. Farmers & Merchants State Bank can provide your farm with a Line of Credit to finance your operating needs.

Farmers & Merchants State Bank works closely with the Farm Service Agency to offer guaranteed loans to select agricultural customers. FSA guaranteed loans are available for annual operating expenses, equipment and livestock purchases, and farm ownership.

Pierz
80 Main St. N.
P.O. Box 308
Pierz, MN 56364
Phone: 320.468.6422
Fax: 320.468.6427

Sauk Rapids
1301 2nd Street N.
P.O. Box 567
Sauk Rapids, MN 56379
Phone: 320.252.5121
Fax: 320.252.5327