Farmers & Merchants Bank of North Dakota
Tolna, ND · Owner: Tolna Bcorp Inc
$120M
total assets, June 30, 2026
$120M
total assets, June 30, 2026
Farmers & Merchants Bank of North Dakota is a state nonmember bank based in Tolna, ND, owned by Tolna Bcorp Inc. As of June 30, 2026 it held $119.8 million in assets and $106.9 million in deposits; assets were up 2.4% from a year before. It has 3 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$120M
+2.4% in a year · -3.4% in a quarter
Deposits
$107M
+1.8% in a year · -4.0% in a quarter
Loans
$47.1M
-9.8% in a year · +5.2% in a quarter
Profit so far
$539K
Jan 1 to Jun 30, 2026 · +6.9% in a year
Capital ratio
10.98%
-0.09 pts in a year
Return on assets
0.89%
+0.02 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 101 Main St N, Tolna, ND, 58380
- County
- Nelson
- Holding company
- Tolna Bcorp Inc
- Established
- Aug 1, 1917
- Employees
- 18
- Branches
- 3
- Website
- www.fmbnd.com
- Id
- b8640
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
3 offices as of June 30, 2026, holding $106.9 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| North Dakota | 3 | $107M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Farmers & Merchants Bank Of North Dakota (main office) | Tolna, ND | $70.5M |
| Mcville State Bank Main Office Branch | Mcville, ND | $23.7M |
| Binford Branch | Binford, ND | $12.7M |
Related pages
Questions and answers
How big is Farmers & Merchants Bank of North Dakota?
$119.8 million in total assets and $106.9 million in deposits as of June 30, 2026, with assets up 2.4% from a year before. Its loans were $47.1 million.
How many branches does Farmers & Merchants Bank of North Dakota have?
3 branches in North Dakota as of June 30, 2026.
Is Farmers & Merchants Bank of North Dakota profitable?
Yes: it earned $539,000 from January 1 to June 30, 2026 (up 6.9% from the same months a year before). Its return on assets was 0.89% a year; about 1% is typical.
Who owns Farmers & Merchants Bank of North Dakota?
Farmers & Merchants Bank of North Dakota is owned by Tolna Bcorp Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.