Farmers & Merchants State Bank of New York Mills, Incorporated
Chartered Bank Active FDIC Insured
Health Score
7.9 / 10
11 Walker Ave N, New York Mills, MN 56567
Financial Overview
Total Assets $82.2M
Total Deposits $74.8M
Profitability (ROA) 0.72%
Shareholder Return (ROE) 8.35%
Capital Cushion (Eq/Assets) 8.13%
Established 12/16/1916
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$74.8M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: www.fmbanknym.com
FDIC Certificate #: 9340
Specialization: All Other Under 1 Billion