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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

Balance sheet & income statement

Financials

Reported balance-sheet positions and year-to-date earnings from the latest FDIC Call Report.

As of Q1 2026

Balance sheet trend

Assets & deposits

Time range
Reporting mode
Assets and deposits by reporting quarter
QuarterAssetsDeposits
Q2 2021$135M$121M
Q3 2021$130M$115M
Q4 2021$137M$123M
Q1 2022$128M$114M
Q2 2022$133M$120M
Q3 2022$134M$115M
Q4 2022$136M$120M
Q1 2023$138M$125M
Q2 2023$139M$124M
Q3 2023$139M$118M
Q4 2023$152M$127M
Q1 2024$145M$118M
Q2 2024$152M$122M
Q3 2024$158M$130M
Q4 2024$160M$139M
Q1 2025$167M$130M
Q2 2025$159M$125M
Q3 2025$163M$124M
Q4 2025$182M$153M
Q1 2026$173M$141M

Balance sheet

Core assets, funding, and capital reported at quarter end.

Assets
$173M
+3.6%y/y
Percentile by value43rd percentileby value
Peer standing in ubpr:primary:6
FDICASSET
Deposits
$141M
+8.6%y/y
Percentile by value38th percentileby value
Peer standing in ubpr:primary:6
FDICDEP
Gross loans
$139M
+11.0%y/y
Percentile by value65th percentileby value
Peer standing in ubpr:primary:6
FDICLNLSGR
Net loans
$137M
+11.1%y/y
Percentile by value65th percentileby value
Peer standing in ubpr:primary:6
FDICLNLSNET
Securities
$21.8M
−9.0%y/y
Percentile by value29th percentileby value
Peer standing in ubpr:primary:6
FDICSC
Cash
$5.79M
−49.0%y/y
Percentile by value21st percentileby value
Peer standing in ubpr:primary:6
FDICCHBAL
Liabilities
$155M
+2.9%y/y
Percentile by value44th percentileby value
Peer standing in ubpr:primary:6
FDICLIAB
Equity
$18M
+10.4%y/y
Peer standing43rd percentile
Peer standing in ubpr:primary:6
FDICEQ

Income statement

Year-to-date reported earnings and core revenue components.

Revenue
$2.19M
+10.9%y/y
Peer standing62nd percentile
Peer standing in ubpr:primary:6
FDICNIM + NONII
NII
$2.05M
+11.4%y/y
Peer standing67th percentile
Peer standing in ubpr:primary:6
FDICNIM
Noninterest income
$141K
+4.4%y/y
Peer standing44th percentile
Peer standing in ubpr:primary:6
FDICNONII
Provision
$100K
Percentile by value88th percentileby value
Peer standing in ubpr:primary:6
FDICELNATR
Pretax income
$1.21M
+4.9%y/y
Peer standing88th percentile
Peer standing in ubpr:primary:6
FDICPTAXNETINC
Net income
$1.16M
+4.9%y/y
Peer standing90th percentile
Peer standing in ubpr:primary:6
FDICNETINC