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FARMERS AND MERCHANTS STATE BANK OF SPRINGFIELD

Springfield, MN

Latest Health Report

Latest Update: March 31, 2021

Assets
$140,386,000
Deposits
$122,213,000
Loans
$83,407,000
Loan Loss Provision
$0
Profit
$608,000
Capital
$10,761,000
Reserves
$1,308,000
Past Due 90 Days
$287,000
Nonaccrual
$686,000
Other Real Estate Owned
$0
Capital Plus Reserves
$12,069,000
Total Troubled Assets
$973,000
Troubled Asset Ratio
8.06

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
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
2015 $118,034,000 $96,968,000 $81,301,000 $670,000 $10,512,000 $1,141,000 10.85