Farmers and Merchants State Bank
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10). A current level of 5.3 percent of nonperforming loans to core capital combined with 5.6 percent from a year earlier contributes to the Good asset quality (5.1).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 13.0 and a capital leverage ratio of 11.0. Operating profits as a percentage of assets at 2.6%, coupled with a return on assets of 2.5 has resulted in Excellent (9.8) profitability.
Asset Mix:
Securities (12%), comm loans (11%), home mtgs (9%), consumer loans (3%), cash (2%), comm re (1%), other (62%)
States with Branches:
SD
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Page Holding Company
Investment Rating
--
Address
101 South Main Street
Plankinton, SD 57368
Plankinton, SD 57368
Phone Number
(605) 942-7781
Year Founded
1910
FDIC Number
Website
Largest Affiliates
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