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The Farmers and Merchants State Bank, Financial Information

AboutThe Farmers and Merchants State Bank

 Address:
550 Main Street
Scotland,SD
Bon Homme County,South Dakota
 Established:
Mar 1934
 Number of domestic offices:
1
Agriculture bank
Total assets$35M
Net income$0M
Net income,quarterly$0M
Total deposits$31M
Domestic deposits$31M
Equity capital$4M
ROA0.15%
ROAQ,quarterly-0.05%
ROA,pretax-0.05%
ROAQ,quarterly,pretax-0.43%
ROE1.4%
ROEQ,quarterly-0.45%
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.

Located in Scotland, South Dakota, the Farmers and Merchants State Bank was chartered and began operations on September 7, 1920. The bank is located in its original location built in 1919 at 550 Main Street. The structure was extensively remodeled in 1972 with an addition being added in 1991 along with interior updates. Farmers and Merchants State Bank currently has ten full time staff members with six board members. The Farmers and Merchants State Bank offers Regular Checking, NOW Checking, SUPER NOW Checking, Business Checking, Passbook Savings, Certificates of Deposit, IRA's, Consumer/Personal Loans, Residential/Home Improvement Loans.

Farmers and Merchants State Bank
550 Main Street
PO Box 367
Scotland, SD 57059
Ph: 605.583.2234
Toll Free: 888.269.1186
Fax: 605.583.4205

Historical Data