Bank · FDIC insured
Farmers & Merchants Bank
Top CarrotA $215.4M bank headquartered in Milligan, NE, with 2 branches in 2 states. Best rates: CDs 4.37% and savings 1.81% APY.
Farmers & Merchants Bank Carrot Score
Carrot ScoreTop Carrot
Higher than 91% of U.S. banks and credit unions
#11 of 133 in KansasHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Farmers & Merchants Bank
Renamed Farmers and Merchants Bank in 1903, the bank has always been independently owned and was purchased by a group of local investors on May 31, 2016.
On October 12, 2016, the bank acquired Farmers and Merchants State Bank of Cawker City, Kansas, and now operates two full-service locations in Milligan, Nebraska and Cawker City, Kansas.
- Headquarters
- 501 Main St, Milligan, NE 68406
- FDIC certificate
- 14275 ↗
Branches
2 branches in 2 states
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Kansas
1 branch
- Cawker City Branch719 Wisconsin St, Cawker City, KS 67430Directions
Nebraska
1 branch
- Farmers and Merchants BankMain office501 Main St, Milligan, NE 68406Directions
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 | 11.08% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.19% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.78% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $108 | $81 | — |
- CapitalLeverage ratio11.08%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.19%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.78%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$108Peers’ 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.