Farmers and Merchants State Bank of Pierz

Pierz, MinnesotaFDIC Cert #10165

STATEEstablished 19083 branches

Holding company: FARMERS&MERCHANTS AGENCY INCRegulator: FDIC

FDICCERT + OFFDOM

Portfolio mix & concentration

Loans

The composition, growth, and concentration of the loan book using reported Call Report categories.

As of Q1 2026

Portfolio composition

Loan mix

Latest reported loan balances by category
Category	Balance
Owner CRE	$9.37M
Investor CRE	$21.6M
Multifamily	$1.3M
Construction	$675K
1–4 family	$46.2M
C&I	$24.5M
Agriculture	$102M
Other	$9.1M

Loan book

Reported balances and balance-sheet intensity.

Gross loans

$215M

−2.7%y/y

Percentile by value14th percentileby value

FDICLNLSGR

Net loans

$212M

−2.7%y/y

Percentile by value14th percentileby value

FDICLNLSNET

Loans YoY

−2.71%

−150.0%y/y

Percentile by value11th percentileby value

FDICLNLSNET

L/D

68.9%

−5.8%y/y

Percentile by value26th percentileby value

FDICLNLSNET + DEP

Loans/assets

64.1%

−5.8%y/y

Percentile by value35th percentileby value

FDICLNLSNET + ASSET

RE loans %

70.04%

−5.7%y/y

Percentile by value19th percentileby value

FDICLNRE + LNLSGR

Concentration

Portfolio concentration relative to loans and risk-based capital.

CRE/capital

Dashed line: interagency cre supervisory criterion, a screening reference—not a limit or violation.

FDICLNRENROT + LNREMULT + LNRECONS + RBC

Construction/capital

Dashed line: interagency construction supervisory criterion, a screening reference—not a limit or violation.

FDICLNRECONS + RBC

Loan HHI

1,964points

+9.6%y/y

Peer standing64th percentile

FDICLNRENROW + LNRENROT + LNREMULT + LNRECONS + LNRERES + LNCI + LNAG + LNCRCD

Owner CRE %

4.36%

−31.8%y/y

Percentile by value13th percentileby value

FDICLNRENROW + LNLSGR

Investor CRE %

10.02%

+5.9%y/y

Percentile by value37th percentileby value

FDICLNRENROT + LNLSGR

C&I %

11.41%

+13.2%y/y

Percentile by value63rd percentileby value

FDICLNCI + LNLSGR