FARMERS&MERCHANTS STB NY MIL
NEW YORK MILLS, MINNESOTA · FDIC Cert #9340
Capital & Safety Analysis
According to FDIC financial data, FARMERS&MERCHANTS STB NY MIL holds a Tier 1 capital ratio of 24.23%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FARMERS&MERCHANTS STB NY MIL has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FARMERS&MERCHANTS STB NY MIL shows strong financial health indicators. With $77M in assets and a Health Score of 79/100, 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.
Frequently Asked Questions
FARMERS&MERCHANTS STB NY MIL has a Bank Health Score of B (79/100). It holds a Tier 1 capital ratio of 24.23%, 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.
FARMERS&MERCHANTS STB NY MIL holds $77M in total assets and $70M in total deposits. It is located in NEW YORK MILLS, MINNESOTA (FDIC Certificate #9340).
FARMERS&MERCHANTS STB NY MIL has a Tier 1 capital ratio of 24.23%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 2.69%, and the return on assets is 0.79%.
Yes. FARMERS&MERCHANTS STB NY MIL is FDIC-insured (Certificate #9340). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.