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BDI
FM

Farmers and Merchants State Bank

Plankinton, South DakotaFDIC Cert #501

STATEEstablished 19102 branches

Holding company: PAGE HOLDING CORegulator: FDIC

FDICCERT + OFFDOM

Delinquency, loss & reserves

Credit

Early-stage delinquency, nonaccruals, realized loss, and allowance coverage from reported filings.

As of Q1 2026

Problem credits

Reported delinquent and nonperforming exposures, shown as balances and ratios.

30–89 %
1.65%
+174.2%y/y
Peer standing20th percentile
Peer standing in ubpr:primary:6
FDICP3ASSET + LNLSGR
90+ %
0.49%
+87.7%y/y
Peer standing12th percentile
Peer standing in ubpr:primary:6
FDICP9ASSET + LNLSGR
Nonaccrual %
0.64%
+4.4%y/y
Peer standing30th percentile
Peer standing in ubpr:primary:6
FDICNAASSET + LNLSGR
Noncurrent %
1.13%
+29.4%y/y
Peer standing26th percentile
Peer standing in ubpr:primary:6
FDICP9ASSET + NAASSET + LNLSGR
NPA/assets
0.90%
+38.6%y/y
Peer standing23rd percentile
Peer standing in ubpr:primary:6
FDICP9ASSET + NAASSET + ORE + ASSET
NPA
$1.56M
+43.6%y/y
Peer standing25th percentile
Peer standing in ubpr:primary:6
FDICP9ASSET + NAASSET + ORE

Loss & allowance

Recognized charge-offs and the allowance held against the loan portfolio.

NCO rate
0.14%
+904.2%y/y
Peer standing14th percentile
Peer standing in ubpr:primary:6
FDICNTLNLS + LNLSGR
NCO
$45K
+1,025.0%y/y
Peer standing12th percentile
Peer standing in ubpr:primary:6
FDICNTLNLS + DRLNLS + CRLNLS
ACL/loans
1.31%
−6.2%y/y
Percentile by value60th percentileby value
Peer standing in ubpr:primary:6
FDICLNATRES + LNLSGR
30–89
$2.3M
+204.2%y/y
Peer standing16th percentile
Peer standing in ubpr:primary:6
FDICP3ASSET
90+
$681K
+108.3%y/y
Peer standing10th percentile
Peer standing in ubpr:primary:6
FDICP9ASSET
Nonaccrual
$883K
+15.9%y/y
Peer standing27th percentile
Peer standing in ubpr:primary:6
FDICNAASSET