Total Assets
$119M
Total balance-sheet footings
FDIC Cert #8640 · Tolna, North Dakota · Est. 1917
Farmers & Merchants Bank of North Dakota - FDIC Bank Health Profile
A community-scale look at Farmers & Merchants Bank of North Dakota's own numbers, pulled straight from its quarterly FDIC Call Report.
- $119M
- Total assets
- B
- Health grade · Good
- 0.89%
- Return on assets
- 18.8%
- Tier 1 capital
Data updated July 2026
The verdict
Farmers & Merchants Bank of North Dakota earns a PlainBankData health grade of B (78/100), with well-capitalized at 18.84% Tier 1, 0.89% ROA, 72% efficiency ratio.
- #3,588
- largest of 4,313 FDIC banks by assets
- 17th
- percentile by asset size, nationally
- 18.84%
- Tier 1 ratio - above the 10% well-capitalized line
- 35th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How Farmers & Merchants Bank of North Dakota's 78/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Farmers & Merchants Bank of North Dakota's composite health score
Tier 1 Capital Ratio (18.84%) 40/40
Return on Assets (ROA) (0.89%) 14/25
Texas Ratio (2.03%) 20/20
Efficiency Ratio (72.13%) 4/15
78 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$106M
Customer-funded liabilities
Net Loans
$54M
Outstanding loan book
Net Income
$1M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Farmers & Merchants Bank of North Dakota ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Farmers & Merchants Bank of North Dakota's score of 78/100 falls in the highlighted band.
Farmers & Merchants Bank of North Dakota's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Farmers & Merchants Bank of North Dakota's $119M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
18.84% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
18.84%
Texas Ratio
2.03%
Equity Capital
$13M
Profitability metrics
Return on Assets (ROA)
35th percentile nationally
0.89%
Return on Equity (ROE)
9.06%
Efficiency Ratio
72.13%
What the numbers say about Farmers & Merchants Bank of North Dakota
Farmers & Merchants Bank of North Dakota is an FDIC-insured institution (Certificate #8640) headquartered in Tolna, North Dakota, established in 1917. It holds $119M in total assets - 3,588th of 4,313 FDIC-insured banks, $106M in customer deposits, and $54M in net loans. Capital-wise, the Tier 1 ratio sits at 18.84%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 2.03%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of B (78 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Farmers & Merchants Bank of North Dakota is a community-scale institution -- 43rd of 61 FDIC-insured banks headquartered in North Dakota by asset size. Its modest footprint doesn't diminish its role: community banks this size are typically the primary lender for small local businesses and agricultural borrowers that larger regional banks tend to underserve.
Income & expense breakdown
$5M
Interest Income
$242K
Non-Interest Income
$3M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Farmers & Merchants Bank of North Dakota reports a Texas Ratio of 2.03% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
2.03% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in North Dakota by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Farmers & Merchants Bank of North Dakota (FDIC Cert #8640) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 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 BankFargo | $14.4B | C | 0.59% |
| First International Bank & TrustWatford City | $6.2B | B | 1.69% |
| Choice Financial GroupFargo | $6.0B | B | 1.22% |
| Alerus Financial, National AssociationGrand Forks | $5.2B | C | 0.42% |
| Gate City BankFargo | $4.0B | D | 0.60% |
| Bravera BankDickinson | $3.8B | B | 1.12% |
| Western State BankDevils Lake | $2.6B | A | 1.79% |
| First Western Bank & TrustMinot | $2.3B | C | 0.84% |
Frequently asked questions
What is Farmers & Merchants Bank of North Dakota's health grade?▼
Farmers & Merchants Bank of North Dakota receives a health grade of B (78/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank shows good financial health with solid capital levels above regulatory minimums.
How large is Farmers & Merchants Bank of North Dakota?▼
Farmers & Merchants Bank of North Dakota holds $119M in total assets and $106M in deposits, ranking 3,588th of 4,313 FDIC-insured banks by asset size. It is headquartered in Tolna, North Dakota.
Is my money safe at Farmers & Merchants Bank of North Dakota?▼
Yes, deposits at Farmers & Merchants Bank of North Dakota (Certificate #8640) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Farmers & Merchants Bank of North Dakota's Tier 1 Capital Ratio?▼
Farmers & Merchants Bank of North Dakota has a Tier 1 Capital Ratio of 18.84%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Farmers & Merchants Bank of North Dakota?▼
Farmers & Merchants Bank of North Dakota has a Texas Ratio of 2.03%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Farmers & Merchants Bank of North Dakota?▼
Farmers & Merchants Bank of North Dakota has an Efficiency Ratio of 72.13%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Farmers & Merchants Bank of North Dakota's profile as a depositor or analyst.
- Farmers & Merchants Bank of North Dakota's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Farmers & Merchants Bank of North Dakota against other North Dakota banks before moving funds. North Dakota banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.