The Farmers and Merchants State Bank of Argonia
Argonia, KS · Owner: Farmers & Merchants Finl Corp
$33.0M
total assets, September 30, 2017
$33.0M
total assets, September 30, 2017
The Farmers and Merchants State Bank of Argonia was a state nonmember bank in Argonia, KS, owned by Farmers & Merchants Finl Corp. It failed on Oct 13, 2017, and Conway Bank took over its deposits. At its last report it held $33.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2017
This bank failed
- Failed on
- Oct 13, 2017
- Assets
- $33.0M
- Deposits
- $27.5M
- Estimated cost
- $280K
- Deposits went to
- Conway Bank, Conway Springs, KS
Total assets
$33.0M
-5.2% in a year · -3.5% in a quarter
Deposits
$27.5M
-9.9% in a year · -7.2% in a quarter
Loans
$23.0M
-22.7% in a year · -18.4% in a quarter
Profit so far
-$2.7M
Jan 1 to Sep 30, 2017 · -1649.7% in a year
Capital ratio
-1.26%
-9.61 pts in a year
Return on assets
-10.49%
-11.14 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 101 S Main Street, Argonia, KS, 67004
- County
- Sumner
- Holding company
- Farmers & Merchants Finl Corp
- Established
- Oct 1, 1901
- Failed
- Oct 13, 2017
- Employees
- 14
- Branches
- 2
- Id
- b17719
Quarter by quarter
March 31, 1984 to September 30, 2017
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.
Related pages
Questions and answers
How big is The Farmers and Merchants State Bank of Argonia?
$33.0 million in total assets and $27.5 million in deposits as of September 30, 2017, with assets down 5.2% from a year before. Its loans were $23.0 million.
How many branches does The Farmers and Merchants State Bank of Argonia have?
2 branches in Kansas as of June 30, 2026.
Is The Farmers and Merchants State Bank of Argonia profitable?
No: it lost $2.74 million from January 1 to September 30, 2017. Its return on assets was -10.49% a year; about 1% is typical.
Who owns The Farmers and Merchants State Bank of Argonia?
The Farmers and Merchants State Bank of Argonia is owned by Farmers & Merchants Finl Corp, its holding company.
When did The Farmers and Merchants State Bank of Argonia fail?
Oct 13, 2017. Conway Bank of Conway Springs, KS took over its deposits. The estimated cost of the failure was $280,365.
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.