Farmers and Merchants State 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 Q3 2026 was in Equity capital to assets: 1.79 percentage points lower than in Q2 2026, at 12.74%. Within North Dakota, Farmers and Merchants State Bank is 22nd of 60 on return on assets, 1.71% as of Q3 2026, above the middle of the field. The median for banks in the $100M-1B asset tier is 1.25% on return on assets. Farmers and Merchants State Bank sits 0.28 points higher, at 1.53% (Q3 2026); the peer median is as of Q2 2026.
Capital adequacy
| Line item | Q3 2026 |
|---|---|
| CET1 capital ratio | — |
| Tier 1 risk-based capital ratio | — |
| Total risk-based capital ratio | — |
| Tier 1 leverage ratio | 15.34% |
| Equity capital to assets | 12.74% |
| Tangible equity to tangible assets | 12.74% |
Asset quality
| Line item | Q3 2026 |
|---|---|
| Non-performing loans to loans | 0.48% |
| Non-performing assets ratio | 0.27% |
| Net charge-off ratio | 0.48% |
| Texas ratio | 2.04% |
| Allowance for credit losses to loans | 0.91% |
| Reserve coverage of non-performing loans | 189.17% |
Earnings
| Line item | Q3 2026 |
|---|---|
| Return on assets | 1.53% |
| Return on equity | 11.41% |
| Net interest margin | 3.49% |
| Efficiency ratio | 46.48% |
| Yield on earning assets | 5.50% |
| Cost of funds | 2.31% |
Liquidity and funding
| Line item | Q3 2026 |
|---|---|
| Loan-to-deposit ratio | 75.15% |
| Core deposits to total deposits | 88.27% |
| Brokered deposits to total deposits | 0.00% |
| Deposits to assets | 74.91% |
| Securities to assets | 39.24% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | Tier 1 leverage | ROA | Net interest margin | NPL ratio | Net charge-off ratio |
|---|---|---|---|---|---|
| Q4 2023 | 14.44% | 0.45% | 2.55% | 0.00% | 0.03% |
| Q1 2024 | 14.11% | 1.08% | 2.72% | 0.00% | -0.02% |
| Q2 2024 | 14.15% | 0.54% | 2.49% | 0.00% | 0.01% |
| Q3 2024 | 14.11% | 0.46% | 2.39% | 0.79% | 0.05% |
| Q4 2024 | 14.04% | 0.74% | 2.75% | 0.52% | 1.05% |
| Q1 2025 | 14.23% | 0.86% | 2.95% | 0.00% | 0.65% |
| Q2 2025 | 14.23% | 1.14% | 3.23% | 0.00% | 0.00% |
| Q3 2025 | 14.38% | 1.42% | 3.23% | 0.00% | 0.00% |
| Q4 2025 | 14.72% | 1.41% | 3.49% | 0.00% | 0.00% |
| Q1 2026 | 14.79% | 1.42% | 3.37% | 0.00% | 1.02% |
| Q2 2026 | 15.70% | 1.71% | 3.91% | 0.00% | -1.03% |
| Q3 2026 | 15.34% | 1.53% | 3.49% | 0.48% | 0.48% |
Farmers and Merchants State Bank vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock Farmers and Merchants State 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 21728) · FFIEC NIC profile (RSSD 677756)