The Farmers and Merchants Bank: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Net interest margin dropped 0.41 percentage points in Q2 2026, from 4.91% to 4.50%. It was the largest change from Q1 2026 among the key lines here. Within Ohio, The Farmers and Merchants Bank is 18th of 156 on net interest margin, 4.50% as of Q2 2026, above the middle of the field. The Farmers and Merchants Bank reported 4.50% on net interest margin for Q2 2026, 0.55 points above the 3.95% median for banks in the $100M-1B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.31% |
| Yield on loans | 6.76% |
| Yield on securities | 2.83% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 0.90% |
| Cost of interest-bearing deposits | 1.30% |
| Cost of interest-bearing liabilities | 1.30% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.50% |
| Yield to cost spread | 4.01% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $1.3M |
| Total interest expense | $261K |
| Interest expense on deposits | $261K |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.81% | 0.57% | 4.29% | 6.18% | 1.57% |
| Q4 2023 | 4.95% | 0.77% | 4.26% | 6.32% | 1.60% |
| Q1 2024 | 5.16% | 0.95% | 4.30% | 6.57% | 1.59% |
| Q2 2024 | 5.14% | 1.18% | 4.09% | 6.54% | 1.58% |
| Q3 2024 | 5.11% | 1.34% | 3.90% | 6.52% | 1.70% |
| Q4 2024 | 5.26% | 1.33% | 4.07% | 6.77% | 1.88% |
| Q1 2025 | 5.10% | 1.20% | 4.01% | 6.53% | 2.21% |
| Q2 2025 | 5.61% | 1.06% | 4.67% | 7.27% | 2.44% |
| Q3 2025 | 5.32% | 1.00% | 4.42% | 6.75% | 2.45% |
| Q4 2025 | 5.39% | 0.98% | 4.51% | 6.84% | 2.57% |
| Q1 2026 | 5.75% | 0.93% | 4.91% | 7.45% | 2.71% |
| Q2 2026 | 5.31% | 0.90% | 4.50% | 6.76% | 2.83% |
The Farmers and Merchants Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock The Farmers and Merchants Bank, freeSource: Call Report Schedules RI and RC-K, 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 The Farmers and Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 10280) · FFIEC NIC profile (RSSD 760210)