Farmers and Merchants State Bank
Major Rating Factors:
A current level of 4.1 percent of nonperforming loans to core capital combined with 5.4 percent from a year earlier contributes to the Fair asset quality (4.2). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 2.8%, coupled with a return on assets of 2.7 has resulted in Excellent (10.0) profitability. Excellent current capitalization (9.2 on a scale of 0 to 10) based on a risk-based capital ratio of 12.4 and a capital leverage ratio of 10.5.
Asset Mix:
Securities (12%), comm loans (10%), home mtgs (7%), consumer loans (3%), cash (3%), comm re (1%), other (63%)
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
No affiliate information available.