Mortgage Lender Index

The Farmers and Merchants Bank

The Farmers and Merchants Bank received 38 applications in 2025 and made 32 mortgages, in 9 counties across 1 state. The median rate its borrowers got was Not published on a median loan of $220,000. Of 38 decisions, 5 were denials — 13.2%.

Legal Entity Identifier549300OHTBYVLLO8NW69
Applications received38
Mortgages made32
Denied5
Approved, not taken up1
Withdrawn or incomplete0
Loans bought from other lenders0
Median rate spread over the prime offer rateNot published
FDIC-insured bankYes: Farmers and Merchants Bank, 5 offices

By loan purpose

PurposeMortgages madeMedian rateMedian loanDenied
Home purchase14 Not published$285,000 16.7%
Refinancing12 Not published$220,000 14.3%
Other purposes6 Under 10 loansUnder 10 loans 0.0%

Where The Farmers and Merchants Bank lends most

The 9 counties where it made the most mortgages in 2025. Each county page ranks every lender there.

CountyMortgages madeMedian rateDenied
Tippecanoe County, IN 15Not published16.7%
Benton County, IN 7Under 10 loans12.5%
Warren County, IN 6Under 10 loans0.0%
Fountain County, IN 1Under 10 loans0.0%
Newton County, IN 1Under 10 loans0.0%
Vermillion County, IN 1Under 10 loans0.0%
White County, IN 1Under 10 loans0.0%
Clinton County, IN 0Under 10 loans100.0%
Delaware County, IN 0Under 10 loans0.0%

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When The Farmers and Merchants Bank’s figures are published for the next year, or restated.

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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.