Farmers and Merchants Bank: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
The standout move of Q2 2026 was in Reserve coverage of non-performing loans: 2.08 percentage points higher than in Q1 2026, at 252.92%. Among 38 North Carolina banks, Farmers and Merchants Bank sits 2nd from the top on return on assets, 2.61% as of Q2 2026. Farmers and Merchants Bank's return on assets of 2.61% is well above the 1.25% median for banks in the $100M-1B asset tier, a gap of 1.36 points (Q2 2026).
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 25.46% |
| Tier 1 risk-based capital ratio | 25.46% |
| Total risk-based capital ratio | 26.72% |
| Tier 1 leverage ratio | 15.25% |
| Equity capital to assets | 14.96% |
| Tangible equity to tangible assets | 14.95% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 0.76% |
| Non-performing assets ratio | 0.41% |
| Net charge-off ratio | -0.43% |
| Texas ratio | 3.11% |
| Allowance for credit losses to loans | 1.91% |
| Reserve coverage of non-performing loans | 252.92% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 2.61% |
| Return on equity | 17.53% |
| Net interest margin | 5.08% |
| Efficiency ratio | 47.55% |
| Yield on earning assets | 5.78% |
| Cost of funds | 0.80% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 64.21% |
| Core deposits to total deposits | 96.55% |
| Brokered deposits to total deposits | 0.00% |
| Deposits to assets | 84.36% |
| Securities to assets | 30.66% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 19.33% | 19.33% | 20.59% | 11.50% | 2.38% |
| Q4 2023 | 19.73% | 19.73% | 20.99% | 12.23% | 2.65% |
| Q1 2024 | 20.40% | 20.40% | 21.66% | 13.03% | 2.34% |
| Q2 2024 | 21.01% | 21.01% | 22.27% | 13.47% | 2.39% |
| Q3 2024 | 21.75% | 21.75% | 23.01% | 13.90% | 2.45% |
| Q4 2024 | 22.60% | 22.60% | 23.86% | 14.00% | 2.29% |
| Q1 2025 | 23.47% | 23.47% | 24.73% | 14.56% | 2.20% |
| Q2 2025 | 23.65% | 23.65% | 24.91% | 14.46% | 2.24% |
| Q3 2025 | 24.47% | 24.47% | 25.73% | 14.80% | 2.32% |
| Q4 2025 | 24.57% | 24.57% | 25.83% | 14.89% | 2.21% |
| Q1 2026 | 25.47% | 25.47% | 26.73% | 15.17% | 2.48% |
| Q2 2026 | 25.46% | 25.46% | 26.72% | 15.25% | 2.61% |
Farmers and Merchants Bank vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock Farmers and Merchants Bank, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Farmers and Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 2036) · FFIEC NIC profile (RSSD 348720)