The Farmers & Merchants Bank is a state-chartered bank (fed member) headquartered in Berlin, Wisconsin, in business for about 86 years. At the end of Q2 2026 it reported $949.4M in total assets and $784.7M in deposits, with 2 offices.
The Farmers & Merchants 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 154 banks headquartered in Wisconsin, it ranks 140th. Earnings contributes the most (69/100, 1.23%); loan quality contributes the least (35/100, 1.96%).
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 fell 6 points (60 → 54), mostly because the loan quality component weakened by 18 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 66 |
| Q3 2024 | 62 |
| Q4 2024 | 60 |
| Q1 2025 | 62 |
| Q2 2025 | 60 |
| Q3 2025 | 44 |
| Q4 2025 | 45 |
| Q1 2026 | 46 |
| Q2 2026 | 54 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 8.85% |
| Q3 2024 | 8.99% |
| Q4 2024 | 8.81% |
| Q1 2025 | 8.98% |
| Q2 2025 | 9.22% |
| Q3 2025 | 9.26% |
| Q4 2025 | 9.43% |
| Q1 2026 | 9.85% |
| Q2 2026 | 10.02% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.61% |
| Q3 2024 | 0.94% |
| Q4 2024 | 0.88% |
| Q1 2025 | 1.09% |
| Q2 2025 | 1.40% |
| Q3 2025 | 2.90% |
| Q4 2025 | 2.74% |
| Q1 2026 | 2.78% |
| Q2 2026 | 1.96% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.33% |
| Q3 2024 | 1.24% |
| Q4 2024 | 1.02% |
| Q1 2025 | 1.41% |
| Q2 2025 | 1.45% |
| Q3 2025 | 1.28% |
| Q4 2025 | 1.21% |
| Q1 2026 | 1.19% |
| Q2 2026 | 1.23% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 54 | $949.4M | 10.02% | 1.96% | 1.23% | 93.1% |
| Q1 2026 | 46 | $949.0M | 9.85% | 2.78% | 1.19% | 87.8% |
| Q4 2025 | 45 | $954.1M | 9.43% | 2.74% | 1.21% | 88.7% |
| Q3 2025 | 44 | $961.2M | 9.26% | 2.90% | 1.28% | 86.9% |
| Q2 2025 | 60 | $952.3M | 9.22% | 1.40% | 1.45% | 87.9% |
| Q1 2025 | 62 | $934.8M | 8.98% | 1.09% | 1.41% | 88.9% |
| Q4 2024 | 60 | $937.2M | 8.81% | 0.88% | 1.02% | 91.8% |
| Q3 2024 | 62 | $903.7M | 8.99% | 0.94% | 1.24% | 92.2% |
| Q2 2024 | 66 | $884.6M | 8.85% | 0.61% | 1.33% | 90.3% |
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 Wisconsin
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Peoples State BankBank Prairie Du Chien, WI | 80 out of 100, Strong | $993.0M | 11.5% | 0.21% | vs |
| Farmers and Merchants Union BankBank Columbus, WI | 78 out of 100, Strong | $872.1M | 10.0% | 0.15% | vs |
| Bank of Sun PrairieBank Sun Prairie, WI | 68 out of 100, Moderate | $841.2M | 10.0% | 0.07% | vs |
| DMB Community BankBank Madison, WI | 69 out of 100, Moderate | $835.0M | 11.0% | 0.00% | vs |
| The Bank of New GlarusBank New Glarus, WI | 56 out of 100, Moderate | $823.2M | 9.5% | 1.99% | vs |
| Royal BankBank Elroy, WI | 79 out of 100, Strong | $816.1M | 10.5% | 0.06% | vs |
Deposit insurance
Is my money safe at The Farmers & Merchants Bank?
Yes. The Farmers & Merchants Bank is an FDIC-insured institution (FDIC certificate #15779). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 7.4% of deposits ($58.0M) 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 10.02%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.01% (benchmark: 10%).
2 locations
Branches
The Farmers & Merchants Bank lists 1 office in 1 city. Most locations:
- Berlin, WI (1)
Identity & history
Profile
- Legal name
- The Farmers & Merchants Bank
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 15779
- RSSD ID
- 574949
- Primary regulator
- FED
- Holding company
- Kujawa Family Holdings Inc
- Established
- December 2, 1940
- Headquarters
- 123 W Huron St, Berlin, WI 54923
- Website
- www.fmberlin.com
- Employees
- 71
Quick answers
The Farmers & Merchants Bank: common questions
Is The Farmers & Merchants Bank FDIC insured?
Yes. The Farmers & Merchants Bank is an FDIC-insured institution (FDIC certificate #15779). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The Farmers & Merchants 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 The Farmers & Merchants Bank ever failed?
There is no failure record for FDIC certificate #15779 in the FDIC failed bank list.
How many branches does The Farmers & Merchants Bank have?
2 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Berlin
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| National Exchange Bank and TrustBank Fond Du Lac, WI | 88 out of 100, Very strong | $2.9B | 20.1% | 0.37% | vs |
| Winnebago Community Credit UnionCredit union Oshkosh, WI | 85 out of 100, Very strong | $176.1M | 13.8% | 0.13% | vs |
| Community First Credit UnionCredit union Appleton, WI | 84 out of 100, Strong | $6.8B | 12.8% | 0.14% | vs |
| West Pointe BankBank Oshkosh, WI | 84 out of 100, Strong | $368.8M | 19.4% | 0.91% | vs |
| The Farmers State Bank of WaupacaBank Waupaca, WI | 84 out of 100, Strong | $279.5M | 11.6% | 0.00% | vs |
| Fox Valley Savings BankBank Fond Du Lac, WI | 79 out of 100, Strong | $387.3M | 15.4% | 0.33% | vs |