Farmers and Merchants State Bank of SpringfieldBanksForge
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Farmers and Merchants State Bank of Springfield, Financial Information

About Farmers and Merchants State Bank of Springfield

 Address:
101 North Marshall Avenue
Springfield, MN
Brown County, Minnesota
 Established:
Jan 1918
 Number of domestic offices:
2
Agriculture bank
Total assets$137M
Net income$1M
Net income, quarterly$0M
Total deposits$118M
Domestic deposits$118M
Equity capital$11M
ROA0.96%
ROAQ, quarterly0.36%
ROA, pretax0.36%
ROAQ, quarterly, pretax0.36%
ROE11.55%
ROEQ, quarterly4.42%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Farmers & Merchants State Bank of Springfield offers deposits and provides various checking and savings plans; commercial, small business and consumer lending; and other financial services. It offers various types of loans that include automobile, educational, personal, commercial and home equity loans.

Its additional banking products and services include ATMs, automated clearing services, wire transfers, direct deposit services, lockers, traveler s checks and merchant card processing services. F&M Insurance Agency and Prairie Plans to offer you a complete menu of financial products or services in one convenient location.

Springfield Office
101 North Marshall Avenue
Springfield, MN 56087
Telephone (507) 723-4800
Toll Free (800) 638-5308
Fax (507) 723-4228

Morgan Office
101 Vernon Avenue
Morgan, MN 56266
Telephone (507) 249-3166
Fax (507) 249-3327

Historical Data