Farmers & Merchants Bank & Trust

Headquarters: Burlington, Iowa
Charter: Bank
Assets: $208.2M
Fed district: Chicago
Regulator: FDIC
Holding company: Farmers&merchants Bancshares

23 published fees; none has a market median to compare yet.

Source: its fee schedule, read Oct 23, 2026.

Overview

Total assets
Q2 2026, quarter end
FDIC call report data · Jun 30, 2026
Revenue
Q2 2026, one quarter
FDIC call report data · Jun 30, 2026
Service-charge income
Q2 2026, one quarter
FDIC call report data · Jun 30, 2026
Service-charge share of revenue
Not available
Peer figures could not be read
Not on file
Fees above the U.S. median
None compared
No fee has a median to compare
Fee schedule read Oct 23, 2026

How these figures are measured

Call-report figures are for Farmers & Merchants Bank & Trust at the bank level, not its holding company. Revenue is net interest income plus noninterest income.

Metric	Measure and calculation	Source and fields	Period	Retrieved
Total assets	Total assets at quarter end Point in time, at quarter end	FDIC BankFind Suite (call report data) ASSET	Q2 2026 Quarter ended Jun 30, 2026	Oct 24, 2026
Revenue	Revenue (net interest + noninterest income) One quarter, as reported	FDIC BankFind Suite (call report data) NIMQ + NONIIQ	Q2 2026 Quarter ended Jun 30, 2026	Oct 24, 2026
Service-charge income	Service charges on deposit accounts One quarter, as reported	FDIC BankFind Suite (call report data) ISERCHGQ	Q2 2026 Quarter ended Jun 30, 2026	Oct 24, 2026
Service-charge share of revenue	Service charges on deposit accounts divided by revenue (net interest + noninterest income) Shown when at least 10 banks of its size report a share above 0%.	Not on file	Not on file	Not recorded
Fees above the U.S. median	Published fees above the U.S. median for the same fee Within 1% of the median counts as about the same. Business-only fees are left out.	Farmers & Merchants Bank & Trust's published fee schedule; Bank Fee Index medians	Current schedule	Oct 23, 2026

Service-charge income by quarter

Q1 2024 to Q2 2026, standalone quarters

Details

Source: FDIC BankFind Suite (call report data)
Entity: Farmers & Merchants Bank & Trust (bank level, not the holding company)
Period: Q1 2024 to Q2 2026, 10 quarters
Measure: Service charges on deposit accounts
Calculation: One quarter, as reported
Fields: ISERCHGQ
Retrieved: Oct 24, 2026

What stands out

Service-charge income was $171K in Q2 2026, 13% above the same quarter a year earlier ($152K).
Not established: Two quarters a year apart are two observations, not an established trend in service-charge income.

Fees against the market

Comparison with U.S. medians for fees published by banks and credit unions.

Monthly Maintenance
Farmers & Merchants Bank & Trust: $5
Farmers & Merchants Bank & Trust: $5
U.S. median: no median
Overdraft (OD)
Farmers & Merchants Bank & Trust: $33
Farmers & Merchants Bank & Trust: $33
U.S. median: no median
NSF / Returned Item
Farmers & Merchants Bank & Trust: $33
Farmers & Merchants Bank & Trust: $33
U.S. median: no median

A blank median means fewer than 5 publish the fee.

Published schedulesBanks and credit unionsRead Oct 23, 2026View sources

Each amount links to the fee schedule it was read from. Medians for Iowa, the Chicago district and the U.S.: Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Compared at: The value this page compares: its one price, or the middle of its prices when it lists several (the highest, its standard fee, for overdraft).
Same rules: Its fees and every median use the same rules. Business-only fees are left out. So are CD, IRA, card inactivity, box drilling and key fees filed under a fee they don’t match, and fees charged by a different period than the median (a quarterly fee beside monthly ones).
Iowa: Banks and credit unions headquartered in Iowa that publish the fee.
Chicago district: Banks and credit unions headquartered in the Chicago Fed district that publish the fee.
U.S.: Banks and credit unions across the Bank Fee Index that publish the fee.
About the same: Within 1% of the median.
Account: Fees not tied to a named account apply across its personal accounts.

Fee income beside fee prices

Service-charge income was about level from Q3 2025 to Q2 2026, at $171K.

Service-charge income, Q2 2026

$171K

$170KQ3 2025

$176KQ4 2025

$164KQ1 2026

$171KQ2 2026

Against the median

Farmers & Merchants Bank & TrustMedian

Sources and open questions

FDIC call reports, bank level, standalone quarters. Four quarters are too few to call a trend.

Do business accounts and account analysis fees make up more of service charges than at peers?

Among its peers

Farmers & Merchants Bank & Trust · $208M in assets

The 25 banks closest in assets

Banks of similar size, for comparing published prices. Not local competitors: they're spread over 17 states.

Banks only
$201M to $214M in assets
Headquartered in 17 states

See the 25 institutions

The institutions in this peer set, with the fees each publishes
Institution	City, state	Assets	Maintenance	ATM	Domestic wire	Intl. wire	Overdraft
Farmers & Merchants Bank & Trust(this institution)	Burlington, IA	$208M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Aroostook County Federal Savings and Loan Association	Caribou, ME	$214M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Overdraft not published
Badger Bank	Fort Atkinson, WI	$206M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Bank 21	Carrollton, MO	$202M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
Bank of Commerce	Chelsea, OK	$203M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Bank of Delight	Delight, AR	$201M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
Calhoun County Bank, Inc.	Grantsville, WV	$212M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Overdraft not published
Carroll County Trust Company of Carrollton, Missouri	Carrollton, MO	$208M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
Commonwealth Co-operative Bank	Hyde Park, MA	$205M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Overdraft not published
Community State Bank	Lamar, CO	$208M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	Publishes International wire	Publishes Overdraft
ESB Bank	Caledonia, MN	$209M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Overdraft not published
First Cahawba Bank	Selma, AL	$206M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
First FSB of Mascoutah	Mascoutah, IL	$207M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Halstead Bank	Halstead, KS	$206M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Overdraft not published
Horizon Financial Bank	Munich, ND	$201M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Kendall Bank	Overland Park, KS	$211M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Minnstar Bank National Association	Lake Crystal, MN	$204M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Paper City Savings Bank, S.A.	Wisconsin Rapids, WI	$208M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
PeoplesTrust Bank	Hamilton, AL	$201M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Southern Hills Community Bank	Leesburg, OH	$210M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
The First National Bank of Dryden	Dryden, NY	$204M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
The First National Bank of Groton	Groton, NY	$204M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Overdraft not published
The Jefferson Bank	Greenville, MS	$211M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
The Lyon County State Bank	Emporia, KS	$212M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
The Portage County Bank	Almond, WI	$210M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
Vidalia Federal Savings Bank	Vidalia, GA	$212M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft

✓ publishes the fee. – not published.

25 peers selected · 16 publish this fee(monthly maintenance)

9 don't publish it: shown as not published, never as zero.

Fee type

Peer pricing snapshot

Monthly maintenance is $1.74 (26%) below the median of similar-sized banks.

Its published price is $5, against a peer median of $6.74 among 16 publishing peers.

This describes published pricing only. Account mix, waivers and actual fee revenue are not represented.

Source: Bank Fee Index, published fee schedules, as of Oct 26, 2026.

Monthly maintenance fee in dollars, one mark per institution

Farmers & Merchants Bank…Peer (equal prices stack)Peer median

Against this institution's monthly maintenance fee

Hamilton is the Fee Insight workspace for pricing teams.

Source: Bank Fee Index, published fee schedules, as of Oct 26, 2026. Total assets from FDIC and NCUA records.

How peers are chosen and counted

Every set except Home metro keeps the institution's own charter: banks against banks, credit unions against credit unions.
The set shown first is the first in the list with a peer median for each overdraft and monthly maintenance fee this institution publishes. If none has them all, it is the set with the most.
Closest in assets takes the institutions nearest its total assets among those that publish fees.
Home metro is the metro where it has the most branches. It counts the banks with a branch there (FDIC Summary of Deposits) and the credit unions with a branch in one of the metro's cities (NCUA). Banks only leaves the credit unions out.
State and Fed district count institutions headquartered there. Size uses its asset-size band.
Regulator uses the bank's primary federal regulator; for a credit union, its federal or state charter.
A set lists the institutions that publish at least one fee. This institution is not counted in its own set.
Each institution counts once per fee: the middle of its prices, or for overdraft its highest.
A peer median needs at least 8 peers that publish the fee. With fewer, the fee reads "too few to compare".
A fee an institution does not publish is shown as not published, never as zero.
About the same: within 1% of the median, in this section and everywhere on this page. Above or below means further than that.
A set with more than 50 peers shows the 50 closest in assets. Its medians and counts still use every peer in the set.

Financial performance

Call reports for Farmers & Merchants Bank & Trust (bank level, not the holding company). Income lines are standalone quarters.

Measure

Service-charge income

Q3 2024 to Q2 2026, standalone quarters · 66 quarters on file

Latest, Q2 2026: $171K
vs prior quarter: +$7K+4.3%; from Q1 2026
vs a year earlier: +$19K+12.5%; from Q2 2025
vs start of range: −$10K−5.5%; from Q3 2024

Details

Source: FDIC BankFind Suite (call report data)
Entity: Farmers & Merchants Bank & Trust (bank level, not the holding company)
Period: Q3 2024 to Q2 2026, 8 quarters
Measure: Service charges on deposit accounts
Calculation: One quarter, as reported
Fields: ISERCHGQ
Retrieved: Oct 24, 2026

Table

Quarter	Amount	Change	%
Q2 2026	$171K	+$7K	+4.3%
Q1 2026	$164K	−$12K	−6.8%
Q4 2025	$176K	+$6K	+3.5%
Q3 2025	$170K	+$18K	+11.8%
Q2 2025	$152K	−$8K	−5.0%
Q1 2025	$160K	−$1K	−0.6%
Q4 2024	$161K	−$20K	−11.0%
Q3 2024	$181K	+$20K	+12.4%

Service-charge share against its size cohort

Insufficient sample: fewer than 10 peers of its size reported a share.

Published fee schedule

Amounts from Farmers & Merchants Bank & Trust’s own schedules, with a source for each figure.

Account Maintenance

Service Charge$5
per month
Account Closing Fee (If closed within 90 days of opening)$25
Not compared: Daily charge, not per item
per day
Dormant Account Fee$5
per month
Escheat Fee$40
Inactivity Fee (per month if not used for 90 days)$5
per month
Account Research or Reconciliation$25
Not compared: Charged per hour; comparison unavailable
per hour
Return Mail Fee$5

Overdraft & NSF

Overdraft (OD)$33
Return NSF Item Fee$33
Overdraft Transfer Protection Automatic transfer from another$5

ATM & Card

No Debit Card or ATM Card$1
ATM Card Replacement Fee$15
Custom Visa Check Card (Initial/Renewal/Replacement)$20
Standard Visa Check Card Replacement$15
Standard/Custom Visa Check Card Rush Order$65

Wire Transfers

Consumer ACH Fee: Outgoing Domestic Wire Fee$25
Incoming Domestic Wire Fee$10
Outgoing International Wire Fee$60
Incoming International Wire Fee$10

Check Services

Cashier’s Check$5
Stop Payment Charge$30
Zelle Stop Payment User Fee$10
Collection Item$20

Digital & Electronic

Zelle Microbusiness Next Day User Fee$0.75
Zelle Microbusiness Three Day User Fee$0.60

Cash & Deposit

Returned Deposited Checks and Other Returned$5
Returned Deposited Item Special Instructions$5

Account Services

Non-Client Notary Fee$10
per item
Drilling Box$200
Not compared: Box drilling or key fee
Identity Theft (per month): 3x11$26
Not compared: Monthly charge, not annual
per month
Safe Deposit Box 10x10$80
Safe Deposit Box 10x12$96
Safe Deposit Box 2x5$8
Safe Deposit Box 3x5$12
Safe Deposit Box 4x4$13
Safe Deposit Box 5x5$20
Safe Deposit Box 7x10$56
Safe Deposit Box 8x10$64
Safe Deposit Box 8x12$77
Safe Deposit Box Late Fee Per Month$5
Not compared: Monthly charge, not annual
per month
Safe Deposit Box Lost Key Fee$10
Not compared: Box drilling or key fee
Levy or Garnishment$75

Retirement & IRA

IRA Transfer Fee (to another institution)$30

Other Fees

Fax Service: Outgoing$3
Statement Copy$5

Fee	Amount	Basis	Note
Account Maintenance
Service Charge	$5	per month	None
Account Closing Fee (If closed within 90 days of opening)	$25Not compared: Daily charge, not per item	per day	None
Dormant Account Fee	$5	per month	None
Escheat Fee	$40	Not stated	None
Inactivity Fee (per month if not used for 90 days)	$5	per month	None
Account Research or Reconciliation	$25Not compared: Charged per hour; comparison unavailable	per hour	None
Return Mail Fee	$5	Not stated	None
Overdraft & NSF
Overdraft (OD)	$33	Not stated	None
Return NSF Item Fee	$33	Not stated	None
Overdraft Transfer Protection Automatic transfer from another	$5	Not stated	None
ATM & Card
No Debit Card or ATM Card	$1	Not stated	None
ATM Card Replacement Fee	$15	Not stated	None
Custom Visa Check Card (Initial/Renewal/Replacement)	$20	Not stated	None
Standard Visa Check Card Replacement	$15	Not stated	None
Standard/Custom Visa Check Card Rush Order	$65	Not stated	None
Wire Transfers
Consumer ACH Fee: Outgoing Domestic Wire Fee	$25	Not stated	None
Incoming Domestic Wire Fee	$10	Not stated	None
Outgoing International Wire Fee	$60	Not stated	None
Incoming International Wire Fee	$10	Not stated	None
Check Services
Cashier’s Check	$5	Not stated	None
Stop Payment Charge	$30	Not stated	None
Zelle Stop Payment User Fee	$10	Not stated	None
Collection Item	$20	Not stated	None
Digital & Electronic
Zelle Microbusiness Next Day User Fee	$0.75	Not stated	None
Zelle Microbusiness Three Day User Fee	$0.60	Not stated	None
Cash & Deposit
Returned Deposited Checks and Other Returned	$5	Not stated	None
Returned Deposited Item Special Instructions	$5	Not stated	None
Account Services
Non-Client Notary Fee	$10	per item	None
Drilling Box	$200Not compared: Box drilling or key fee	Not stated	None
Identity Theft (per month): 3x11	$26Not compared: Monthly charge, not annual	per month	None
Safe Deposit Box 10x10	$80	Not stated	None
Safe Deposit Box 10x12	$96	Not stated	None
Safe Deposit Box 2x5	$8	Not stated	None
Safe Deposit Box 3x5	$12	Not stated	None
Safe Deposit Box 4x4	$13	Not stated	None
Safe Deposit Box 5x5	$20	Not stated	None
Safe Deposit Box 7x10	$56	Not stated	None
Safe Deposit Box 8x10	$64	Not stated	None
Safe Deposit Box 8x12	$77	Not stated	None
Safe Deposit Box Late Fee Per Month	$5Not compared: Monthly charge, not annual	per month	None
Safe Deposit Box Lost Key Fee	$10Not compared: Box drilling or key fee	Not stated	None
Levy or Garnishment	$75	Not stated	None
Retirement & IRA
IRA Transfer Fee (to another institution)	$30	Not stated	None
Other Fees
Fax Service: Outgoing	$3	Not stated	None
Statement Copy	$5	Not stated	None

Correct a fee source

Oct 23, 2026 data snapshot. Each amount links to its fee schedule. The U.S. comparison is the middle 50% of Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Fee change alerts

Get an email when Farmers & Merchants Bank & Trust's safe deposit box changes in our data

We check once a day and send one email covering every change.