Steady in Fort Wayne
It ranked 62 of 304 lenders there, with the same share as in 2024. In 2025 it made its first loans in Elkhart-Goshen. It lends in 8 counties, all in Indiana.
Applications / Mortgage Analytics / Lenders / Indiana / Farmers and Merchants Bank
Farmers and Merchants Bank
Laotto, IN · State non-member bank · FDIC · $305 million assets · 67 loans in 2025
Farmers and Merchants Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
67
loans originated, 2025
77
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Farmers and Merchants Bank has lent in Fort Wayne since at least 1990, and it holds a steady 0.3% of that market.
A small dip
Its loans fell 11% to 67, while similar lenders, state non-member banks making between half and twice as many loans, grew 9%. With so few loans, eight fewer is a large share; its count has stayed between 67 and 75 a year since 2022. It filed no report for 2020.
Bigger loans
Its typical loan rose to $195,000 from $155,000, above similar lenders' $170,000. Purchases made up 50.7% of its loans, all conventional.
Few poorer neighborhoods
Only 3.0% of its loans were in low- and moderate-income (LMI) neighborhoods, against 18.6% at similar lenders, among the lowest twentieth. One possible reason is that the counties it lends in contain few such neighborhoods. LMI borrowers took 22.0%, against 27.5%, which could go with the larger loans it made this year.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
67 loans in 2025, against a peak of 104 in 2021.
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. Farmers and Merchants Bank took 77 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
50.7% of its 2025 loans were purchase loans; all were conventional loans.
Purchase 50.7% · Refinance 28.4% · Other 13.4% · Home improvement 7.5%
Conventional 100.0% · of 67 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
1 state, 2 metros, 8 counties
| State | Loans | Share |
|---|---|---|
| Indiana | 67 | 100.0% |
Largest metro areas, 2025
Loans originated
| Metro area | Loans |
|---|---|
| Fort Wayne | 35 |
| Elkhart-Goshen | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300A6T9G3QXH9KZ27 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 372640 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 313801 | 1990–2017 |
Established 29 October 1914. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Farmers and Merchants Bank's data.
The data and the software behind these pages
Farmers and Merchants Bank's data
$215
Farmers and Merchants Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Farmers and Merchants Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]