Farmers & Merchants Savings Bank
Manchester, IA · Owner: Dunn Investment Co
$617M
total assets, June 30, 2026
$617M
total assets, June 30, 2026
Farmers & Merchants Savings Bank is a state member bank based in Manchester, IA, owned by Dunn Investment Co. As of June 30, 2026 it held $616.8 million in assets and $516.0 million in deposits; assets were up 3.8% from a year before. It has 7 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$617M
+3.8% in a year · +3.6% in a quarter
Deposits
$516M
+0.4% in a year · +0.3% in a quarter
Loans
$461M
+14.3% in a year · +5.7% in a quarter
Profit so far
$3.4M
Jan 1 to Jun 30, 2026 · -11.6% in a year
Capital ratio
12.41%
-0.72 pts in a year
Return on assets
1.14%
-0.16 pts in a year
Facts
- Type
- State member bank
- Head office
- 101 E Main St, Manchester, IA, 52057
- County
- Delaware
- Holding company
- Dunn Investment Co
- Established
- Jul 20, 1925
- Employees
- 85
- Branches
- 7 in 2 states
- Website
- www.fmbankia.com
- Id
- b9298
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
7 offices as of June 30, 2026, holding $516.0 million in deposits
Branch map
Every branch, sized by its deposits
| Largest branches | Place | Deposits |
|---|---|---|
| Farmers & Merchants Savings Bank (main office) | Manchester, IA | $198M |
| Cedar Rapids Branch | Cedar Rapids, IA | $81.3M |
| Vadnais Heights Branch | Vadnais Heights, MN | $69.4M |
| Cedar Rapids Branch | Cedar Rapids, IA | $68.4M |
| Lino Lakes Branch | Lino Lakes, MN | $52.1M |
| Farmers & Merchants Savings Bank Branch | Anamosa, IA | $34.6M |
| Monticello Branch | Monticello, IA | $12.2M |
Related pages
Questions and answers
How big is Farmers & Merchants Savings Bank?
$616.8 million in total assets and $516.0 million in deposits as of June 30, 2026, with assets up 3.8% from a year before. Its loans were $461.2 million.
How many branches does Farmers & Merchants Savings Bank have?
7 branches in 2 states as of June 30, 2026. The most deposits are in Iowa ($394.5 million).
Is Farmers & Merchants Savings Bank profitable?
Yes: it earned $3.44 million from January 1 to June 30, 2026 (down 11.6% from the same months a year before). Its return on assets was 1.14% a year; about 1% is typical.
Who owns Farmers & Merchants Savings Bank?
Farmers & Merchants Savings Bank is owned by Dunn Investment Co, 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.