Total Assets
$150M
Total balance-sheet footings
2026 data FDIC sourced Public-data reference.
Farmers and Merchants State Bank — FDIC Bank Health Profile
Langdon, North Dakota · Est. 1974. Free, sourced from the FDIC BankFind Suite — refreshed each quarter and cross-checked against the FDIC Call Report.
State chartered State member bank FDIC Cert #21728 Kansas City Region
F
Health grade
At Risk
Score: 32/100
Basel III capital ratios — Farmers and Merchants State Bank
Total Deposits
$108M
Customer-funded liabilities
Net Loans
$82M
Outstanding loan book
Net Income
$2M
Bottom-line earnings
Safety Metrics
Tier 1 capital ratio
Well-capitalized 10%
0.00% of risk-weighted assets — below the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
Core capital ÷ risk-weighted assets. Well-capitalized: ≥10%
0.00%
Texas Ratio
Non-performing loans ÷ equity. Danger zone: >100%
—
Equity Capital
Tangible book value as a capital buffer
$21M
Profitability Metrics
Return on Assets (ROA)
Net income ÷ assets. Healthy: ≥1%
1.21%
Return on Equity (ROE)
Net income ÷ equity. Industry avg: ~10%
9.37%
Efficiency Ratio
Operating costs ÷ revenue. Efficient: <60%
57.18%
Income & Expense Breakdown
$7M
Interest Income
$159K
Non-Interest Income
$3M
Non-Interest Expense
FDIC Deposit Insurance
Farmers and Merchants State Bank is FDIC-insured (Certificate #21728). Your deposits are protected up to $250,000 per depositor, per account category regardless of this bank's health grade.
What the Numbers Say About Farmers and Merchants State Bank
Farmers and Merchants State Bank is an FDIC-insured institution (Certificate #21728) headquartered in Langdon, North Dakota, established in 1974. The bank currently holds $150M in total assets and $108M in customer deposits, with $82M deployed as loans. It operates as a State chartered (State member bank) within the FDIC Kansas City region. These figures come directly from the bank's quarterly FDIC Call Report and reflect the balance sheet as of the latest regulatory filing.
On safety metrics, Farmers and Merchants State Bank reports a Tier 1 Capital Ratio of 0.00% — below the 6% "adequately capitalized" minimum set by federal regulators and a Texas Ratio of —. Equity capital stands at $21M, serving as the tangible buffer against loan losses. On profitability, the bank posted a Return on Assets of 1.21% and a Return on Equity of 9.37%, with an Efficiency Ratio of 57.18% — below the 60% mark considered efficient for the industry. The combined picture yields a PlainBankData health grade of F (32/100), a composite score that blends all four dimensions.
Not financial advice. This page summarizes public FDIC Call Report data for informational purposes only. Health grades are our interpretation of regulatory filings and are not official FDIC ratings, endorsements, or predictions. Regardless of grade, every dollar on deposit at Farmers and Merchants State Bank is protected by FDIC insurance up to $250,000 per depositor, per ownership category — even if the bank were to fail. For decisions about where to hold deposits, consult a qualified financial professional and verify the latest figures directly at the FDIC's BankFind Suite.
Top 5 banks in North Dakota by total assets
Source: FDIC BankFind Suite — Call Report (FFIEC 031/041) + CRA performance data Farmers and Merchants State Bank (FDIC Cert #21728) — Tier 1 capital ratio, total assets, deposits, CRA rating · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other Banks in North Dakota
All North Dakota banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Bell Bank Fargo | $14.4B | D | 0.59% |
| First International Bank & Trust Watford City | $6.2B | C | 1.69% |
| Choice Financial Group Fargo | $6.0B | F | 1.22% |
| Alerus Financial, National Association Grand Forks | $5.2B | D | 0.42% |
| Gate City Bank Fargo | $4.0B | F | 0.60% |
| Bravera Bank Dickinson | $3.8B | C | 1.12% |
| Western State Bank Devils Lake | $2.6B | B | 1.79% |
| First Western Bank & Trust Minot | $2.3B | F | 0.84% |
Frequently Asked Questions
What is Farmers and Merchants State Bank's health grade? ▼
Farmers and Merchants State Bank receives a health grade of F (32/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank has significant financial challenges. All deposits remain FDIC-insured up to $250,000.
How large is Farmers and Merchants State Bank? ▼
Farmers and Merchants State Bank holds $150M in total assets and $108M in deposits. It is headquartered in Langdon, North Dakota.
Is my money safe at Farmers and Merchants State Bank? ▼
Yes. Farmers and Merchants State Bank is FDIC-insured (Certificate #21728). Your deposits are protected up to $250,000 per depositor, per account category, regardless of the bank's health grade. If a bank fails, the FDIC typically makes insured deposits available within one business day.
What is Farmers and Merchants State Bank's Tier 1 Capital Ratio? ▼
Farmers and Merchants State Bank has a Tier 1 Capital Ratio of 0.00%. The federal "well-capitalized" threshold is 10%. This bank is below the 6% minimum for "adequately capitalized" status.
How efficient is Farmers and Merchants State Bank? ▼
Farmers and Merchants State Bank has an Efficiency Ratio of 57.18%. Below 60% is considered efficient — the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
Bank Safety Guides
Related Data Sources
Data from the FDIC BankFind Suite API. Financial data as of Q4 2025.
Related
Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainBankData Editorial
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the FDIC BankFind Suite. Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.