Farmers & Merchants Bank & Trust (FDIC certificate #13737) is based in Burlington, Iowa. Its Q2 2026 call report shows $208.2M in total assets and $187.0M in deposits and 4 offices.
Farmers & Merchants Bank & Trust has a TellerScore of 60 out of 100 (moderate) based on Q2 2026 data — higher than only 19% of its 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 196th. Funding & liquidity contributes the most (82/100, 68% loans-to-deposits, 24% uninsured); loan quality contributes the least (45/100, 1.66%).
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
The score has been essentially flat from Q2 2025 to Q2 2026 (59 → 60).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 64 |
| Q3 2024 | 65 |
| Q4 2024 | 66 |
| Q1 2025 | 67 |
| Q2 2025 | 59 |
| Q3 2025 | 59 |
| Q4 2025 | 63 |
| Q1 2026 | 59 |
| Q2 2026 | 60 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 8.52% |
| Q3 2024 | 8.80% |
| Q4 2024 | 9.08% |
| Q1 2025 | 9.64% |
| Q2 2025 | 9.85% |
| Q3 2025 | 10.01% |
| Q4 2025 | 10.19% |
| Q1 2026 | 10.45% |
| Q2 2026 | 10.73% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.21% |
| Q3 2024 | 0.21% |
| Q4 2024 | 0.14% |
| Q1 2025 | 0.34% |
| Q2 2025 | 1.20% |
| Q3 2025 | 1.21% |
| Q4 2025 | 0.96% |
| Q1 2026 | 1.75% |
| Q2 2026 | 1.66% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.39% |
| Q3 2024 | 0.47% |
| Q4 2024 | 0.38% |
| Q1 2025 | 0.54% |
| Q2 2025 | 0.52% |
| Q3 2025 | 0.55% |
| Q4 2025 | 0.59% |
| Q1 2026 | 0.99% |
| Q2 2026 | 0.91% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 60 | $208.2M | 10.73% | 1.66% | 0.91% | 67.8% |
| Q1 2026 | 59 | $210.7M | 10.45% | 1.75% | 0.99% | 66.0% |
| Q4 2025 | 63 | $212.7M | 10.19% | 0.96% | 0.59% | 68.7% |
| Q3 2025 | 59 | $213.0M | 10.01% | 1.21% | 0.55% | 66.3% |
| Q2 2025 | 59 | $212.9M | 9.85% | 1.20% | 0.52% | 64.3% |
| Q1 2025 | 67 | $215.2M | 9.64% | 0.34% | 0.54% | 61.1% |
| Q4 2024 | 66 | $216.0M | 9.08% | 0.14% | 0.38% | 64.6% |
| Q3 2024 | 65 | $239.3M | 8.80% | 0.21% | 0.47% | 58.8% |
| Q2 2024 | 64 | $236.9M | 8.52% | 0.21% | 0.39% | 59.1% |
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 Iowa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| State Savings BankBank Bedford, IA | 70 out of 100, Strong | $207.2M | 10.0% | 0.72% | vs |
| Iowa Trust and Savings BankBank Centerville, IA | 91 out of 100, Very strong | $210.6M | 13.5% | 0.01% | vs |
| Houghton State BankBank Red Oak, IA | 69 out of 100, Moderate | $204.8M | 15.4% | 2.58% | vs |
| Farmers Savings Bank & TrustBank Traer, IA | 81 out of 100, Strong | $212.7M | 10.3% | 0.00% | vs |
| Iowa State BankBank Sac City, IA | 64 out of 100, Moderate | $213.3M | 11.5% | 1.84% | vs |
| Iowa Falls State BankBank Iowa Falls, IA | 71 out of 100, Strong | $201.5M | 8.6% | 0.25% | vs |
Deposit insurance
Is my money safe at Farmers & Merchants Bank & Trust?
Yes. Farmers & Merchants Bank & Trust is an FDIC-insured institution (FDIC certificate #13737). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 24.2% of deposits ($45.3M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.73%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 18.48% (benchmark: 10%).
4 locations
Branches
Farmers & Merchants Bank & Trust lists 2 offices in 2 cities. Most locations:
- Burlington, IA (1)
- West Burlington, IA (1)
Identity & history
Profile
- Legal name
- Farmers & Merchants Bank & Trust
- Former names
- Farmers and Merchants Savings Bank
- Type
- State-chartered bank
- FDIC certificate #
- 13737
- RSSD ID
- 888141
- Primary regulator
- FDIC
- Holding company
- Farmers&merchants Bancshares
- Established
- January 1, 1916
- Headquarters
- 221 Jefferson St, Burlington, IA 52601
- Website
- www.fmbanktrust.bank
- Employees
- 50
Quick answers
Farmers & Merchants Bank & Trust: common questions
Is Farmers & Merchants Bank & Trust FDIC insured?
Yes. Farmers & Merchants Bank & Trust is an FDIC-insured institution (FDIC certificate #13737). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Farmers & Merchants Bank & Trust's TellerScore?
60 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Farmers & Merchants Bank & Trust ever failed?
There is no failure record for FDIC certificate #13737 in the FDIC failed bank list.
How many branches does Farmers & Merchants Bank & Trust have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Burlington
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Casebine Community Credit UnionCredit union Burlington, IA | 95 out of 100, Very strong | $29.1M | 22.5% | 0.08% | vs |
| Du Pont Employees Credit UnionCredit union Fort Madison, IA | 84 out of 100, Strong | $6.8M | 11.8% | 0.00% | vs |
| Farmers Savings BankBank Wever, IA | 80 out of 100, Strong | $130.5M | 13.7% | 0.27% | vs |
| Burlington Municipal Employees Credit UnionCredit union Burlington, IA | 80 out of 100, Strong | $4.7M | 15.6% | 0.87% | vs |
| Security Savings BankBank Monmouth, IL | 80 out of 100, Strong | $241.4M | 13.0% | 0.30% | vs |
| Aim Credit UnionCredit union Dubuque, IA | 79 out of 100, Strong | $201.2M | 13.1% | 0.60% | vs |