Bank Branches › Banks › Merchants State Bank
Merchants State Bank
4 offices in 1 state as of June 30, 2026. $181 million in deposits. Main office: 305 S Main St, Freeman, SD. FDIC certificate 1125.
4
offices
1
states
−0
gone since 2025
+0
new since 2025
Where its offices are
Offices over time
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 2 | $33.3M | |
| Jun 30 1995 | 2 | · | $36.7M |
| Jun 30 2000 | 3 | +1 | $64.6M |
| Jun 30 2005 | 3 | · | $73.9M |
| Jun 30 2010 | 3 | · | $105M |
| Jun 30 2012PEAK | 4 | +1 | $119M |
| Jun 30 2015 | 4 | · | $124M |
| Jun 30 2020 | 4 | · | $159M |
| Jun 30 2025 | 4 | · | $174M |
| Jun 30 2026NOW | 4 | · | $181M |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 2 | $33.3M | |
| Jun 30 1995 | 2 | · | $36.7M |
| Jun 30 1996 | 2 | · | $42.8M |
| Jun 30 1997 | 2 | · | $44.3M |
| Jun 30 1998 | 2 | · | $46.4M |
| Jun 30 1999 | 2 | · | $52.9M |
| Jun 30 2000 | 3 | +1 | $64.6M |
| Jun 30 2001 | 3 | · | $71.8M |
| Jun 30 2002 | 3 | · | $75.1M |
| Jun 30 2003 | 3 | · | $77.3M |
| Jun 30 2004 | 3 | · | $77.8M |
| Jun 30 2005 | 3 | · | $73.9M |
| Jun 30 2006 | 3 | · | $84.3M |
| Jun 30 2007 | 3 | · | $85.7M |
| Jun 30 2008 | 3 | · | $98.6M |
| Jun 30 2009 | 3 | · | $95.9M |
| Jun 30 2010 | 3 | · | $105M |
| Jun 30 2011 | 3 | · | $112M |
| Jun 30 2012PEAK | 4 | +1 | $119M |
| Jun 30 2013 | 4 | · | $124M |
| Jun 30 2014 | 4 | · | $127M |
| Jun 30 2015 | 4 | · | $124M |
| Jun 30 2016 | 4 | · | $131M |
| Jun 30 2017 | 4 | · | $131M |
| Jun 30 2018 | 4 | · | $131M |
| Jun 30 2019 | 4 | · | $136M |
| Jun 30 2020 | 4 | · | $159M |
| Jun 30 2021 | 4 | · | $181M |
| Jun 30 2022 | 4 | · | $199M |
| Jun 30 2023 | 4 | · | $178M |
| Jun 30 2024 | 4 | · | $177M |
| Jun 30 2025 | 4 | · | $174M |
| Jun 30 2026NOW | 4 | · | $181M |
Counted under FDIC certificate 1125. When one bank buys another, the bought bank's offices move onto the buyer's certificate, so a jump here is usually a merger, not a building spree. Its earlier names and the banks folded into it →
Offices with the most deposits booked
| Office | Deposits |
|---|---|
| Merchants State BankFreeman, SD | $94.1M |
| Viborg Office BranchViborg, SD | $42.4M |
| Hurley BranchHurley, SD | $31.8M |
| Irene BranchIrene, SD | $12.5M |
By state
| State | Offices |
|---|---|
| South Dakota | 4 |
Top counties
| County | Offices |
|---|---|
| Turner County, SD | 2 |
| Hutchinson County, SD | 1 |
| Clay County, SD | 1 |