Headquartered in Bloomfield, Indiana, Farmers and Mechanics Federal Savings Bank is a si with $113.6M in total assets and $105.8M in deposits as of Q2 2026. It operates 4 offices. Its charter dates back to 1892.
Farmers and Mechanics Federal Savings Bank has a TellerScore of 54 out of 100 (below average) based on Q2 2026 data — higher than only 10% of its 2,650 banks with $100 million – $1 billion. Among 88 banks headquartered in Indiana, it ranks 78th. Loan quality contributes the most (100/100, 0.00%); earnings contributes the least (10/100, -0.25%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 14 points (40 → 54), mostly because the loan quality component improved by 49 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 33 |
| Q3 2024 | 43 |
| Q4 2024 | 36 |
| Q1 2025 | 36 |
| Q2 2025 | 40 |
| Q3 2025 | 39 |
| Q4 2025 | 42 |
| Q1 2026 | 43 |
| Q2 2026 | 54 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 7.93% |
| Q3 2024 | 7.97% |
| Q4 2024 | 6.35% |
| Q1 2025 | 6.49% |
| Q2 2025 | 6.66% |
| Q3 2025 | 6.66% |
| Q4 2025 | 6.66% |
| Q1 2026 | 6.78% |
| Q2 2026 | 6.79% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 2.51% |
| Q3 2024 | 1.62% |
| Q4 2024 | 1.52% |
| Q1 2025 | 1.53% |
| Q2 2025 | 1.48% |
| Q3 2025 | 1.40% |
| Q4 2025 | 1.33% |
| Q1 2026 | 1.39% |
| Q2 2026 | 0.00% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | -1.08% |
| Q3 2024 | -0.82% |
| Q4 2024 | -2.77% |
| Q1 2025 | -0.41% |
| Q2 2025 | -0.29% |
| Q3 2025 | -0.26% |
| Q4 2025 | -0.26% |
| Q1 2026 | -0.19% |
| Q2 2026 | -0.25% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 54 | $113.6M | 6.79% | 0.00% | -0.25% | 61.0% |
| Q1 2026 | 43 | $116.0M | 6.78% | 1.39% | -0.19% | 60.4% |
| Q4 2025 | 42 | $116.8M | 6.66% | 1.33% | -0.26% | 62.1% |
| Q3 2025 | 39 | $117.9M | 6.66% | 1.40% | -0.26% | 66.7% |
| Q2 2025 | 40 | $117.3M | 6.66% | 1.48% | -0.29% | 63.6% |
| Q1 2025 | 36 | $119.2M | 6.49% | 1.53% | -0.41% | 59.6% |
| Q4 2024 | 36 | $120.6M | 6.35% | 1.52% | -2.77% | 60.1% |
| Q3 2024 | 43 | $125.5M | 7.97% | 1.62% | -0.82% | 57.8% |
| Q2 2024 | 33 | $125.6M | 7.93% | 2.51% | -1.08% | 58.8% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Indiana
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| CentreBankBank Veedersburg, IN | 90 out of 100, Very strong | $120.0M | 17.2% | 0.33% | vs |
| Spencer County BankBank Santa Claus, IN | 58 out of 100, Moderate | $131.2M | 14.6% | 3.00% | vs |
| First Federal Savings Bank of AngolaBank Angola, IN | 86 out of 100, Very strong | $137.3M | 23.3% | 0.00% | vs |
| First Federal Savings and Loan Association of GreensburgBank Greensburg, IN | 66 out of 100, Moderate | $159.5M | 12.3% | 1.18% | vs |
| Community State BankBank Brook, IN | 61 out of 100, Moderate | $161.2M | 9.4% | 0.44% | vs |
| First State Bank of PorterBank Porter, IN | 90 out of 100, Very strong | $162.3M | 16.8% | 0.00% | vs |
Deposit insurance
Is my money safe at Farmers and Mechanics Federal Savings Bank?
Yes. Farmers and Mechanics Federal Savings Bank is an FDIC-insured institution (FDIC certificate #28478). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 12.5% of deposits ($13.2M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 6.79%, slightly above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 12.17% (benchmark: 10%).
4 locations
Branches
Farmers and Mechanics Federal Savings Bank lists 3 offices in 2 cities. Most locations:
- Bloomfield, IN (2)
- Bloomington, IN (1)
HMDA 2025
Mortgage lending
In 2025, Farmers and Mechanics Federal Savings Bank reported 111 home-loan applications under HMDA (LEI 549300TDS8QNL4IOOX73): 71 originated ($13,455,000 total), 14 denied, and 2 withdrawn or closed by the applicant. Its denial rate on decided applications was 12.8%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Farmers and Mechanics Federal Savings Bank
- Former names
- Farmers and Mechanics Federal Savings and Loan Association
- Type
- SI
- FDIC certificate #
- 28478
- RSSD ID
- 412872
- Primary regulator
- FDIC
- Established
- January 1, 1892
- Headquarters
- 225 E Main St, Bloomfield, IN 47424
- Employees
- 20
Quick answers
Farmers and Mechanics Federal Savings Bank: common questions
Is Farmers and Mechanics Federal Savings Bank FDIC insured?
Yes. Farmers and Mechanics Federal Savings Bank is an FDIC-insured institution (FDIC certificate #28478). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Farmers and Mechanics Federal Savings Bank's TellerScore?
54 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Farmers and Mechanics Federal Savings Bank ever failed?
There is no failure record for FDIC certificate #28478 in the FDIC failed bank list.
How many branches does Farmers and Mechanics Federal Savings Bank have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Bloomfield
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Public Service Edwardspt Pl E Federal Credit UnionCredit union Linton, IN | 84 out of 100, Strong | $1.7M | 14.5% | 0.23% | vs |
| The Peoples State BankBank Ellettsville, IN | 78 out of 100, Strong | $506.6M | 10.5% | 0.19% | vs |
| German American BankBank Jasper, IN | 75 out of 100, Strong | $8.4B | 11.2% | 0.45% | vs |
| Indiana Members Credit UnionCredit union Indianapolis, IN | 74 out of 100, Strong | $3.6B | 10.6% | 0.49% | vs |
| Union Savings BankBank Cincinnati, OH | 74 out of 100, Strong | $4.0B | 10.5% | 0.70% | vs |
| Indiana University Credit UnionCredit union Bloomington, IN | 72 out of 100, Strong | $2.1B | 11.8% | 0.67% | vs |