Farmers&Merchants Bank of Nd
Tolna, North Dakota · FDIC Cert #8640
Farmers&Merchants Bank of Nd is an FDIC-insured bank (Certificate #8640) with $111M in total assets and $101M in total deposits as of the Q2 2024 Call Report. Headquartered in Tolna, North Dakota, the bank maintains a Tier 1 capital ratio of 17.11% (Well-Capitalized) and a nonperforming loan ratio of 2.34%. BankHealthData assigns a composite Health Grade of A (81/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Farmers&Merchants Bank of Nd (FDIC cert 8640) is a community bank — $111M in total assets, $101M in deposits, serving the Tolna, North Dakota area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 17.11% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 2.34% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is very high: 41.9% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is solid: ROA of 0.82% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Farmers&Merchants Bank of Nd carries a composite BankHealth grade of A (81/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Farmers&Merchants Bank of Nd
- Total Assets
- $111M
- Total Deposits
- $101M
- Tier 1 Capital Ratio
- 17.11%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.34%
- Liquidity Ratio
- 41.88%
- Return on Assets
- 0.82%
- Headquarters
- Tolna, North Dakota
- FDIC Certificate
- #8640
- Health Grade
- A (81/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Farmers&Merchants Bank of Nd holds a Tier 1 capital ratio of 17.11%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Farmers&Merchants Bank of Nd has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Farmers&Merchants Bank of Nd shows strong financial health indicators. With $111M in assets and a Health Score of 81/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Farmers&Merchants Bank of Nd Compares
Farmers&Merchants Bank of Nd’s Health Score of 81 is 13 points above the North Dakota state average of 68 across 55 FDIC-insured banks. Its 17.11% Tier 1 capital ratio is 3.1 points above the US banking industry average near 14%. The 2.34% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.82% is below the national ROA benchmark of ~1.1%. Among 1165 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Farmers&Merchants Bank of Nd is 11 points above the portfolio average of 70.
Frequently Asked Questions
Farmers&Merchants Bank of Nd has a Bank Health Score of A (81/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 17.11%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Farmers&Merchants Bank of Nd's Tier 1 capital ratio of 17.11% and nonperforming loan ratio of 2.34% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Farmers&Merchants Bank of Nd is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #8640). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Farmers&Merchants Bank of Nd holds $111M in total assets and $101M in total deposits. It is headquartered in Tolna, North Dakota (FDIC Certificate #8640).
Farmers&Merchants Bank of Nd has a Tier 1 capital ratio of 17.11%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.34%, and the return on assets is 0.82%.
Yes. Farmers&Merchants Bank of Nd is FDIC-insured (Certificate #8640). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Farmers&Merchants Bank of Nd's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.