Farmers and Merchants State Bank

Status:Inactive as of 01/13/2016
 Merger - Without Assistance
Successor Bank:Perennial Bank
Headquarters:Farmers and Merchants State Bank
125 East James Street
Paynesville, MN 56362
Established:12/18/1907
FDIC Insurance:12/15/1964
FDIC Cert:#19318
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$29,026,000
Total Deposits:$26,202,000

History

1907-12-18Institution established: Original name:Farmers and Merchants State Bank
2016-01-13Acquired Farmers and Merchants State Bank in PAYNESVILLE, MN
2016-01-13Merged into and subsequently operated as part of Perennial Bank (1413) in DARWIN, MN
2016-01-13Acquired Winthrop State Bank (15417) in WINTHROP, MN

Financial Information (2015-12-31 and Older)