The Farmers & Merchants Bank of North Dakota

101 N. Main Street
Tolna, ND 58380

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8640
Date Established 1917
Assets $0.10 billion
Loans $0.07 billion
Deposits $0.09 billion
Capital $0.01 billion

The Farmers & Merchants Bank of North Dakota is an FDIC insured institution located in Tolna, ND. It was founded in 1917 and has approximately $0.1 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of The Farmers & Merchants Bank of North Dakota's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in The Farmers & Merchants Bank of North Dakota’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks, The Farmers & Merchants Bank of North Dakota’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 2.49
Multifamily
Mortgages
0.00
Credit Card Loans 0.24
Consumer Auto Loans 1.40
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 8.13
Commercial and Industrial Loans 11.67
Farm Loans 46.61

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.15% $7,500 - Learn MoreShow Less
6 Mo CD 10K
0.35% $2,500 - Learn MoreShow Less
12 Mo CD 10K
0.50% $1,000 - Learn MoreShow Less
18 Mo CD 10K
0.55% $1,000 - Learn MoreShow Less
24 Mo CD 10K
0.75% $1,000 - Learn MoreShow Less
36 Mo CD 10K
1.00% $1,000 - Learn MoreShow Less
48 Mo CD 10K
1.40% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.15% $1 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.75% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.25% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.10% $1 $9,999 Learn MoreShow Less
MM 10K
0.15% $10,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Farmers & Merchants Bank of North Dakota

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Angel Oak Home Loans LLC
NMLS ID: 685842
4.674% 4.625% 0.25 $1,444 $1,286 Learn More
Ally Mortgage
NMLS ID: 181005
4.431% 4.375% 0.38 $1,746 $1,249 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.266% 4.250% -0.25 $580 $1,230 Learn More
PenFed Credit Union
NMLS ID: 401822
4.334% 4.250% 0.00 $2,500 $1,230 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.740% $231.27 Learn More
Flagstar Bank 5.240% $275.79 Learn More

Note to The Farmers & Merchants Bank of North Dakota
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

The Farmers & Merchants Bank of North Dakota branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


The Farmers & Merchants Bank of North Dakota Locations

Financial Details

The Farmers & Merchants Bank of North Dakota Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Farmers & Merchants Bank of North Dakota. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
The Farmers & Merchants Bank of North Dakota U.S. Bank Average
4.29% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, The Farmers & Merchants Bank of North Dakota had $451,000 in non-current loans and $35,000 in owned real estate. To cover these potential losses it had $10,827,000 in equity and $512,000 in loans loss reserves. That gives it a Texas Ratio of 4.29%.

Return on Equity
The Farmers & Merchants Bank of North Dakota U.S. Bank Average
11.66% 8.84%

The Farmers & Merchants Bank of North Dakota has a Return on Equity of 11.66% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
The Farmers & Merchants Bank of North Dakota U.S. Bank Average
10.36% 12.21%

The Farmers & Merchants Bank of North Dakota has a Capitalization of 10.36% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

The Farmers & Merchants Bank of North Dakota Balance Sheet Analysis

As of September 30, 2017, The Farmers & Merchants Bank of North Dakota had assets of $104,490,000, loans of $71,063,000, and deposits of $86,170,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About The Farmers & Merchants Bank Of North Dakota

Branches and Savings

Is The Farmers & Merchants Bank Of North Dakota FDIC insured?

Yes. It is covered under FDIC Certificate #8640.

Why does The Farmers & Merchants Bank Of North Dakota pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are The Farmers & Merchants Bank Of North Dakota CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is The Farmers & Merchants Bank Of North Dakota a commercial bank?

Yes

Where are The Farmers & Merchants Bank Of North Dakota locations?

See branch locations nearby.

Is The Farmers & Merchants Bank Of North Dakota open on Saturdays?

Is The Farmers & Merchants Bank Of North Dakota open on Sundays?

What time does The Farmers & Merchants Bank Of North Dakota open?

What time does The Farmers & Merchants Bank Of North Dakota close?

Are The Farmers & Merchants Bank Of North Dakota ATMs Open 24/7?

Do The Farmers & Merchants Bank Of North Dakota ATMs accept cash deposits?

Can The Farmers & Merchants Bank Of North Dakota customers use other ATMs?

Do The Farmers & Merchants Bank Of North Dakota branches have notaries?

Will The Farmers & Merchants Bank Of North Dakota notarize my document?

What address for The Farmers & Merchants Bank Of North Dakota should I put for incoming ACH transfers?

Will the The Farmers & Merchants Bank Of North Dakota branch print checks?

Do The Farmers & Merchants Bank Of North Dakota checks expire?

Does The Farmers & Merchants Bank Of North Dakota require US citizenship to open account?

Can The Farmers & Merchants Bank Of North Dakota close my account?

Does The Farmers & Merchants Bank Of North Dakota Report to credit bureaus?

Does The Farmers & Merchants Bank Of North Dakota Use Equifax?

What is The Farmers & Merchants Bank Of North Dakota's ACH Routing Number?

What is The Farmers & Merchants Bank Of North Dakota's SWIFT code?

Products

Does The Farmers & Merchants Bank Of North Dakota offer mortgages?

Compare mortgage rates here.

Does The Farmers & Merchants Bank Of North Dakota offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Farmers & Merchants Bank Of North Dakota offer personal loans?

Compare personal loan rates here.

Does The Farmers & Merchants Bank Of North Dakota offer student loans?

Will The Farmers & Merchants Bank Of North Dakota cash a check?

Will The Farmers & Merchants Bank Of North Dakota redeem a savings bond?

Does The Farmers & Merchants Bank Of North Dakota cash savings bonds?

Will The Farmers & Merchants Bank Of North Dakota cash money orders?

Can The Farmers & Merchants Bank Of North Dakota issue a money order?

Does The Farmers & Merchants Bank Of North Dakota do currency exchange?

Background on The Bank

Who owns The Farmers & Merchants Bank Of North Dakota?

How long has The Farmers & Merchants Bank Of North Dakota been around?

Can The Farmers & Merchants Bank Of North Dakota transfer to other banks?

Does The Farmers & Merchants Bank Of North Dakota have quick pay?

Does The Farmers & Merchants Bank Of North Dakota accept rolled coins?

Will The Farmers & Merchants Bank Of North Dakota accept loose change?

Where is The Farmers & Merchants Bank Of North Dakota headquarters?

Customer Reviews for The Farmers & Merchants Bank of North Dakota

There are currently no comments for The Farmers & Merchants Bank of North Dakota. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →