Farmers and Merchants State Bank: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks Farmers and Merchants State Bank of Plankinton, SD against its peer group of 2672 similarly-sized US banks as of Q2 2026. For each metric the bank's value is shown next to the peer-group average and the bank's percentile rank and quartile within the cohort, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Top quartile means the bank ranks in the strongest 25% of its peers on that measure.
How to read the two peer columns: Peer avg is the simple mean of the peer group. The percentile is the share of peers this bank outperforms, and the tag beside it compares the bank with the median peer: above means the bank is in the better half, top means the best quarter. A skewed group can pull the mean away from the median, so a bank can sit behind the peer average and still rank above the median peer.
Profitability
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| ROAA | 2.38% | 1.34% | +1.04% | 93rd top |
| ROAE | 22.62% | 13.31% | +9.31% | 93rd top |
| Net Interest Margin | 5.04% | 3.93% | +1.11% | 93rd top |
| Efficiency Ratio | 37.35% | 61.14% | -23.79% | 97th top |
| PPNR / Avg Assets | 3.29% | 1.68% | +1.61% | 97th top |
| Yield on Earning Assets | 7.19% | 5.67% | +1.52% | 96th top |
| Cost of Funds | 2.36% | 1.88% | +0.48% | 19th bottom |
| Net Interest Spread | 4.33% | 3.32% | +1.01% | 92nd top |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 0.24% | 0.94% | -0.70% | 61st above |
| NPA / Total Assets | 0.19% | 0.70% | -0.51% | 60th above |
| NCO / Avg Loans Ahead of the peer average, behind the median peer. | 0.03% | 0.16% | -0.13% | 31st below |
| ACL / Total Loans | 1.33% | 1.28% | +0.05% | 65th above |
| ACL / NPLs (Coverage) Behind the peer average, ahead of the median peer. | 562.00% | 1538.86% | -976.86% | 73rd above |
| Texas Ratio Ahead of the peer average, behind the median peer. | 5.50% | 7.33% | -1.83% | 38th below |
| Provision / NCO Behind the peer average, ahead of the median peer. | 545.45% | 1395.71% | -850.26% | 74th above |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| CET1 Ratio | 11.73% | 19.50% | -7.77% | 14th bottom |
| Tier 1 Ratio | 11.73% | 19.54% | -7.81% | 14th bottom |
| Total Capital Ratio | 12.96% | 20.62% | -7.66% | 16th bottom |
| Leverage Ratio Behind the peer average, ahead of the median peer. | 11.02% | 12.14% | -1.12% | 51st above |
| Equity / Assets Behind the peer average, ahead of the median peer. | 10.31% | 11.37% | -1.06% | 50th above |
| TCE / Tangible Assets Behind the peer average, ahead of the median peer. | 10.31% | 11.09% | -0.78% | 54th above |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 107.89% | 80.63% | +27.26% | 5th bottom |
| Core Deposit Ratio | 80.38% | 86.86% | -6.48% | 17th bottom |
| Wholesale Funding Ratio | 12.80% | 5.03% | +7.77% | 8th bottom |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | 13.50% | 6.85% | +6.65% | 90th top |
| Loan Growth (Y/Y) | 17.55% | 7.90% | +9.65% | 90th top |
| Deposit Growth (Y/Y) | 9.40% | 6.29% | +3.11% | 81st top |
See Farmers and Merchants State Bank's peers by name
The 2672 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock Farmers and Merchants State Bank, freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full Farmers and Merchants State Bank profile, how to read a UBPR, or how this data updates.