Bank · FDIC insured
Farmers & Merchants Bank
A $306.1M bank headquartered in Laotto, IN, with 4 branches in Indiana. Best rates: CDs 3.17% and savings 0.03% APY.
Farmers & Merchants Bank Carrot Score
60
Carrot Score
Higher than 2% of U.S. banks and credit unions
#22 of 23 in Fort Wayne, IN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Farmers & Merchants Bank
- Headquarters
- 6464 Merchants Dr, Laotto, IN 46763
- FDIC certificate
- 13801 ↗
Branches
4 branches in Indiana
Loading map…
Indiana
4 branches
Fort Wayne area · 2
- Churubusco Branch4084 North Us, Churubusco, IN 46723Directions
- Huntertown Branch1615 W Gump Rd, Huntertown, IN 46748Directions
Auburn area · 1
- Farmers and Merchants BankMain office6464 Merchants Dr, Laotto, IN 46763Directions
Kendallville area · 1
- Farmers & Merchants Bank Branch511 Professional Way, Kendallville, IN 46755Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.05% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.00% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.51% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $73 | $81 | — |
- CapitalLeverage ratio9.05%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.00%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.51%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$73Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Farmers & Merchants Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.