Farmers & Merchants State Bank of New York Mills, Incorporated
New York Mills, MN · Owner: New York Mills Bancshares Inc
$83.5M
total assets, June 30, 2026
$83.5M
total assets, June 30, 2026
Farmers & Merchants State Bank of New York Mills, Incorporated is a state nonmember bank based in New York Mills, MN, owned by New York Mills Bancshares Inc. As of June 30, 2026 it held $83.5 million in assets and $72.2 million in deposits; assets were up 6.1% from a year before. It has 1 branch.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$83.5M
+6.1% in a year · +1.5% in a quarter
Deposits
$72.2M
-0.2% in a year · -3.5% in a quarter
Loans
$38.9M
+13.0% in a year · +9.6% in a quarter
Profit so far
$369K
Jan 1 to Jun 30, 2026 · +1950.0% in a year
Capital ratio
13.27%
+0.19 pts in a year
Return on assets
0.91%
+0.86 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 11 Walker Ave N, New York Mills, MN, 56567
- County
- Otter Tail
- Holding company
- New York Mills Bancshares Inc
- Established
- Dec 16, 1916
- Employees
- 10
- Branches
- 1
- Website
- www.fmbanknym.com
- Id
- b9340
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
1 office as of June 30, 2026, holding $72.2 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 1 | $72.2M | 100.0% |
Related pages
Questions and answers
How big is Farmers & Merchants State Bank of New York Mills, Incorporated?
$83.5 million in total assets and $72.2 million in deposits as of June 30, 2026, with assets up 6.1% from a year before. Its loans were $38.9 million.
How many branches does Farmers & Merchants State Bank of New York Mills, Incorporated have?
1 branch in Minnesota as of June 30, 2026.
Is Farmers & Merchants State Bank of New York Mills, Incorporated profitable?
Yes: it earned $369,000 from January 1 to June 30, 2026 (up 1950.0% from the same months a year before). Its return on assets was 0.91% a year; about 1% is typical.
Who owns Farmers & Merchants State Bank of New York Mills, Incorporated?
Farmers & Merchants State Bank of New York Mills, Incorporated is owned by New York Mills Bancshares 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.