SBA lender profile
Farmers and Merchants State Bank
Farmers and Merchants State Bank appears in the public SBA loan data with 13 funded 7(a) loans since FY2010, totaling $3.2M, an average of $245K per loan, and an estimated 96 jobs supported. Its SBA lending concentrates in Iowa and the Wholesale Trade sector. With only 13 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
Is Farmers and Merchants State Bank the right lender for you?
Farmers and Merchants State Bank appears in the SBA record with 13 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $265M
- Headquarters
- Winterset, IA
- FDIC cert
- #15610
- Status
- Active
Where Farmers and Merchants State Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Iowa | 8 | $2.8M |
| North Dakota | 5 | $386K |
What Farmers and Merchants State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Wholesale Trade | 2 | $1.1M |
| Manufacturing | 3 | $527K |
| Real Estate | 1 | $500K |
| Other Services | 1 | $465K |
| Professional and Technical Services | 1 | $162K |
| Finance and Insurance | 1 | $150K |
Farmers and Merchants State Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 5 | $386K |
| 2011 | 2 | $850K |
| 2015 | 1 | $75K |
| 2019 | 2 | $262K |
| 2020 | 2 | $1.5M |
| 2025 | 1 | $150K |
Related SBA lenders
Other lenders active in Iowa or in Wholesale Trade.
Comparing lenders? See how to choose an SBA lender by track record.
Farmers and Merchants State Bank: frequently asked questions
Does Farmers and Merchants State Bank offer SBA loans?
Yes. Farmers and Merchants State Bank appears in the public SBA data with 13 funded SBA 7(a) loans totaling $3.2M.
How many SBA loans has Farmers and Merchants State Bank made?
Farmers and Merchants State Bank is associated with 13 SBA 7(a) loans totaling $3.2M in the public SBA data (as of 2026-03-31).
What is Farmers and Merchants State Bank's SBA charge-off rate?
Farmers and Merchants State Bank appears with only 13 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.
Where does Farmers and Merchants State Bank do most of its SBA lending?
Farmers and Merchants State Bank's SBA lending in the data is most concentrated in Iowa, and by industry in Wholesale Trade.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Farmers and Merchants State Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/farmers-and-merchants-state-bank/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
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