Our Mission Statement

  • Contribute to the honesty, integrity, stewardship and sense of trust in our community.
  • Serve the financial needs of the people living in and around our offices in Orient, St. Charles, and Winterset, Iowa in an honest and profitable way.
  • Provide a fair return to our shareholders who have invested in our community-owned and operated bank.


Farmers and Merchants State Bank Board

Farmers & Merchants State Bank Board of Directors

Statement of Condition

At the close of business December 31, 2014


Cash and Due


U.S. Government Securities


U.S. Government Agency Securities


Municipal Bonds


Federal Home Loan Bank Stock




Federal Funds Sold


Bank Buildings, Equipment, Furnishings, and Fixtures


Other Assets



Total Assets



Liabilities and Capital



Demand: $58,062,214


Savings: $100,200,568


Total Deposits


Capital Stock




Undivided Profits




Other Liabilities



Total Liabilities and Capital