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Data through Q3 2026 · 4,200 institutions
Regulatory profile
Freeman, SD · FDIC certificate #1125
MERCHANTS STATE BANK is an FDIC-insured institution based in Freeman, SD (FDIC certificate #1125). In its Q3 2026 Call Report it reported total assets of $211M, total deposits of $169M and net loans of $153M. Its primary federal regulator is FED.
Reported facts
Deterministic ratios for MERCHANTS STATE BANK from its Q3 2026 Call Report. Detailed loan and deposit composition follows below.
| Total deposits | $169M |
|---|---|
| Net loans and leases | $153M |
Plain-language readout
MERCHANTS STATE BANK in Freeman, SD funds its loans with $169M of deposits and holds $153M of net loans, as reported for Q3 2026. The ratios below show how that funding, capital and credit quality compare with the amounts on the balance sheet.
No capital, liquidity or asset-quality ratios are reported for MERCHANTS STATE BANK in Q3 2026; none is estimated.
The loan-to-deposit ratio computed from net loans and total deposits was 90.51% in Q3 2026, against 83.07% in Q1 2026. A rising ratio means the bank is lending a larger share of its deposits.
| Quarter | Net loans | Deposits | Loan-to-deposit |
|---|---|---|---|
| Q3 2026 | $153M | $169M | 90.51% |
| Q2 2026 | $147M | $181M | 81.12% |
| Q1 2026 | $147M | $176M | 83.07% |