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Farmers and Merchants State Bank of Pierz, Financial Information

AboutFarmers and Merchants State Bank of Pierz

 Address:
80 Main Street N
Pierz,MN
Morrison County,Minnesota
 Established:
Jan 1908
 Number of domestic offices:
3
Agriculture bank
Total assets$279M
Net income$5M
Net income,quarterly$1M
Total deposits$251M
Domestic deposits$251M
Equity capital$27M
ROA1.83%
ROAQ,quarterly1.44%
ROA,pretax1.44%
ROAQ,quarterly,pretax1.44%
ROE18.24%
ROEQ,quarterly14.85%
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 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

Historical Data