Farmers And Merchants State Bank is a bank based in Winterset, Iowa, established in 1938, with $265 million in total assets across 5 branches. By Trust Grade it ranks 115th of 226 banks we track in Iowa. Its capital ratio of 9.8% trails most similarly sized banks (44th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.12% return on assets. No consumer complaints against Farmers And Merchants State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Farmers And Merchants State Bank compares to Iowa peers
How we graded Farmers And Merchants State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.8% capital ratio)
- Strongly profitable (ROA 1.12%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Farmers And Merchants State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- 114 S Broad St, Orient, IA 50858
- 317 E Main St, Saint Charles, IA 50240
- 722 N 1st St, Winterset, IA 50273
- 204 Se 6th St, Greenfield, IA 50849
- 101 W Jefferson St, Winterset, IA 50273
Are deposits at Farmers And Merchants State Bank insured?
Yes. Farmers And Merchants State Bank is an FDIC-insured bank (FDIC certificate #15610). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Farmers And Merchants State Bank: frequently asked questions
Is Farmers And Merchants State Bank a good bank?
Farmers And Merchants State Bank earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (9.8% capital ratio); Strongly profitable (ROA 1.12%).
Is Farmers And Merchants State Bank FDIC-insured?
Yes. Farmers And Merchants State Bank is a FDIC-insured bank (FDIC certificate #15610). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Farmers And Merchants State Bank?
Farmers And Merchants State Bank holds $265 million in total assets, ranking 115th of 226 banks we track in Iowa. It operates 5 branches.
Does Farmers And Merchants State Bank have CFPB complaints?
No CFPB complaints against Farmers And Merchants State Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
