Farmers and Merchants State Bank, Financial Information

AboutFarmers and Merchants State Bank

 Address:
816 Third Street
Langdon,ND
Cavalier County,North Dakota
 Established:
Aug 1974
 Number of domestic offices:
1
Agriculture bank
Total assets$126M
Net income$2M
Net income,quarterly$0M
Total deposits$105M
Domestic deposits$105M
Equity capital$19M
ROA2.1%
ROAQ,quarterly1.34%
ROA,pretax1.34%
ROAQ,quarterly,pretax1.34%
ROE14.07%
ROEQ,quarterly8.82%
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.