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FARMERS AND MERCHANTS STATE BANK OF SPRINGFIELD

Springfield, MN

Latest Health Report

Latest Update: June 30, 2022

Assets
$140,438,000
Deposits
$125,209,000
Loans
$72,939,000
Loan Loss Provision
$ 0
Profit
$347,000
Capital
$10,362,000
Reserves
$1,310,000
Past Due 90 Days
$ 0
Nonaccrual
$0
Other Real Estate Owned
$0
Capital Plus Reserves
$ 11,672,000
Total Troubled Assets
$ 0
Troubled Asset Ratio
0

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2021 $137,013,000 $119,557,000 $74,461,000 $1,168,000 $ 12,039,000 $ 0 0
2020 $136,784,000 $118,398,000 $82,066,000 $1,252,000 $ 12,060,000 $ 982,000 8.14
2019 $126,237,000 $106,534,000 $86,964,000 $1,336,000 $ 11,815,000 $ 1,312,000 11.10
2018 $125,439,000 $106,389,000 $86,913,000 $874,000 $ 11,290,000 $ 1,726,000 15.29
2016 $117,985,000 $100,137,000 $77,717,000 $751,000 $ 10,939,000 $ 701,000 6.41