Farmers & Merchants Bank of North Dakota (FDIC certificate #8640) is based in Tolna, North Dakota. Its Q2 2026 call report shows $119.8M in total assets and $106.9M in deposits and 3 offices.
Based on its Q2 2026 filing, Farmers & Merchants Bank of North Dakota scores 73/100, which we describe as strong. That is higher than 53% of 2,650 banks with $100 million – $1 billion. Among 60 banks headquartered in North Dakota, it ranks 24th. Its strongest component is funding & liquidity (100/100; 44% loans-to-deposits, 12% uninsured), and its lowest is earnings (56/100; 0.89%).
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 (74 → 73).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 58 |
| Q3 2024 | 55 |
| Q4 2024 | 59 |
| Q1 2025 | 59 |
| Q2 2025 | 74 |
| Q3 2025 | 77 |
| Q4 2025 | 77 |
| Q1 2026 | 71 |
| Q2 2026 | 73 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.47% |
| Q3 2024 | 12.06% |
| Q4 2024 | 11.82% |
| Q1 2025 | 11.01% |
| Q2 2025 | 11.07% |
| Q3 2025 | 11.66% |
| Q4 2025 | 11.68% |
| Q1 2026 | 10.95% |
| Q2 2026 | 10.99% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 2.34% |
| Q3 2024 | 2.86% |
| Q4 2024 | 2.23% |
| Q1 2025 | 1.97% |
| Q2 2025 | 0.54% |
| Q3 2025 | 0.47% |
| Q4 2025 | 0.50% |
| Q1 2026 | 0.60% |
| Q2 2026 | 0.73% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.82% |
| Q3 2024 | 0.74% |
| Q4 2024 | 0.73% |
| Q1 2025 | 0.65% |
| Q2 2025 | 0.87% |
| Q3 2025 | 0.89% |
| Q4 2025 | 0.89% |
| Q1 2026 | 0.63% |
| Q2 2026 | 0.89% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 73 | $119.8M | 10.99% | 0.73% | 0.89% | 43.6% |
| Q1 2026 | 71 | $124.0M | 10.95% | 0.60% | 0.63% | 39.8% |
| Q4 2025 | 77 | $118.9M | 11.68% | 0.50% | 0.89% | 50.6% |
| Q3 2025 | 77 | $114.2M | 11.66% | 0.47% | 0.89% | 54.9% |
| Q2 2025 | 74 | $117.1M | 11.07% | 0.54% | 0.87% | 49.3% |
| Q1 2025 | 59 | $118.4M | 11.01% | 1.97% | 0.65% | 47.4% |
| Q4 2024 | 59 | $111.2M | 11.82% | 2.23% | 0.73% | 54.1% |
| Q3 2024 | 55 | $109.3M | 12.06% | 2.86% | 0.74% | 58.4% |
| Q2 2024 | 58 | $111.4M | 11.47% | 2.34% | 0.82% | 56.6% |
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 North Dakota
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| McIntosh County BankBank Ashley, ND | 84 out of 100, Strong | $118.7M | 11.0% | 0.00% | vs |
| State Bank of BottineauBank Bottineau, ND | 68 out of 100, Moderate | $117.2M | 8.5% | 0.06% | vs |
| First State Bank of GolvaBank Golva, ND | 55 out of 100, Moderate | $123.5M | 9.0% | 2.51% | vs |
| Lincoln State BankBank Hankinson, ND | 76 out of 100, Strong | $125.1M | 10.0% | 0.15% | vs |
| Turtle Mountain State BankBank Belcourt, ND | 71 out of 100, Strong | $114.1M | 12.9% | 1.75% | vs |
| Strasburg State BankBank Strasburg, ND | 74 out of 100, Strong | $104.2M | 8.7% | 0.00% | vs |
Deposit insurance
Is my money safe at Farmers & Merchants Bank of North Dakota?
Yes. Farmers & Merchants Bank of North Dakota is an FDIC-insured institution (FDIC certificate #8640). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 12.3% 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 10.99%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
3 locations
Branches
Farmers & Merchants Bank of North Dakota lists 3 offices in 3 cities. Most locations:
- Binford, ND (1)
- Mcville, ND (1)
- Tolna, ND (1)
Identity & history
Profile
- Legal name
- Farmers & Merchants Bank of North Dakota
- Former names
- The Farmers & Merchants State Bank of Tolna
- Type
- State-chartered bank
- FDIC certificate #
- 8640
- RSSD ID
- 954158
- Primary regulator
- FDIC
- Holding company
- Tolna Bcorp Inc
- Established
- August 1, 1917
- Headquarters
- 101 Main St N, Tolna, ND 58380
- Website
- www.fmbnd.com
- Employees
- 18
Quick answers
Farmers & Merchants Bank of North Dakota: common questions
Is Farmers & Merchants Bank of North Dakota FDIC insured?
Yes. Farmers & Merchants Bank of North Dakota is an FDIC-insured institution (FDIC certificate #8640). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Farmers & Merchants Bank of North Dakota's TellerScore?
73 out of 100 (Strong), 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 of North Dakota ever failed?
There is no failure record for FDIC certificate #8640 in the FDIC failed bank list.
How many branches does Farmers & Merchants Bank of North Dakota have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Tolna
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Community Credit UnionCredit union Jamestown, ND | 71 out of 100, Strong | $1.5B | 12.3% | 0.61% | vs |
| State Bank of LakotaBank Lakota, ND | 71 out of 100, Strong | $64.2M | 9.6% | 0.49% | vs |
| North Star Community Credit UnionCredit union Maddock, ND | 61 out of 100, Moderate | $464.8M | 14.3% | 2.87% | vs |