Farmers and Merchants State Bank: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
Other borrowed money climbed 60.0% in Q2 2026, from $10.0M to $16.0M. It was the largest change from Q1 2026 among the key lines here. Within North Dakota, Farmers and Merchants State Bank is 32nd of 60 on loan-to-deposit ratio, 76.62% as of Q2 2026, below the middle of the field. Farmers and Merchants State Bank reported 76.62% on loan-to-deposit ratio for Q2 2026, 4.22 points below the 80.84% median for banks in the $100M-1B asset tier.
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $1.7M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $58.8M |
| Fed funds sold and reverse repos | $0 |
| Fed funds sold and reverse repos to assets | 0.00% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $16.0M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 11.18% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 76.62% |
| Net loans and leases to deposits | 75.85% |
| Loans and leases to core deposits | 87.82% |
| Core deposits to total deposits | 87.24% |
| Brokered deposits to total deposits | 0.00% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 58.49% | 90.87% | $0 | $10.7M |
| Q4 2023 | 59.30% | 91.40% | $0 | $6.8M |
| Q1 2024 | 63.50% | 89.03% | $0 | $14.2M |
| Q2 2024 | 66.76% | 89.09% | $3.0M | $13.4M |
| Q3 2024 | 72.24% | 88.99% | $0 | $25.2M |
| Q4 2024 | 73.07% | 88.94% | $1.5M | $21.9M |
| Q1 2025 | 66.88% | 87.86% | $0 | $14.5M |
| Q2 2025 | 77.58% | 87.64% | $2.2M | $22.6M |
| Q3 2025 | 77.64% | 88.19% | $0 | $22.5M |
| Q4 2025 | 76.12% | 88.66% | $0 | $20.6M |
| Q1 2026 | 71.42% | 86.53% | $0 | $10.0M |
| Q2 2026 | 76.62% | 87.24% | $0 | $16.0M |
Farmers and Merchants State Bank liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Farmers and Merchants State Bank, freeSource: Call Report Schedules RC and RC-M, 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 21728) · FFIEC NIC profile (RSSD 677756)