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BankSonar

Farmers and Merchants State Bank of Alpha

Alpha, MN · State, non-member commercial bank

43

Sonar Score

Caution

out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$48.3M
Total deposits
$42.2M
Branches
1
Return on assets
0.53%
Return on equity
4.92%
Charter type
State, non-member commercial bank
Established
1911
FDIC cert #
10571

How the 43 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Modest but positive returns.

Return on equityweight 15%

Positive but moderate equity returns.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at Farmers and Merchants State Bank of Alpha

Farmers and Merchants State Bank of Alpha is an FDIC-insured institution (Cert #10571). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

1 branch locations

210 Main St N

Alpha, MN 56111

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