The Farmers and Merchants State Bank: Loan Portfolio
Data as of · Call Report Schedule RC-C How we update
The loan book by category. Concentration is what supervisors read here: a portfolio weighted heavily toward one collateral type carries that sector's cycle, which is the mechanism behind most community-bank failures.
The standout move of Q2 2026 was in Loan-to-deposit ratio: 3.06 percentage points higher than in Q1 2026, at 41.65%. On loan-to-deposit ratio, The Farmers and Merchants State Bank is 5th from the bottom among 56 South Dakota banks, 41.65% (Q2 2026). The median for banks in the < $100M asset tier is 67.62% on loan-to-deposit ratio. The Farmers and Merchants State Bank sits 25.97 points lower, at 41.65% (Q2 2026).
Loan totals
| Line item | Q2 2026 |
|---|---|
| Total loans and leases | $13.5M |
| Net loans and leases | $13.3M |
| Loans held for sale | $0 |
| Loans to total assets | 37.41% |
| Loan-to-deposit ratio | 41.65% |
| Net loans to equity capital | 3.71% |
Portfolio mix (share of total loans)
| Line item | Q2 2026 |
|---|---|
| Commercial real estate (nonfarm nonresidential) | 2.31% |
| Multifamily (5+ residential) | 0.00% |
| Commercial and industrial | 15.08% |
| Consumer | 13.43% |
| Credit cards | 0.00% |
| Farm | 8.61% |
| Loans to depository institutions | 0.00% |
| State and political subdivisions | 0.00% |
Concentration measures
| Line item | Q2 2026 |
|---|---|
| CRE concentration (Tier 1 capital + allowance) | 0.00% |
| Construction concentration (Tier 1 capital + allowance) | 0.00% |
Supervisory definition (FFIEC UBPR page 7B): construction and land development, multifamily, non-owner-occupied nonfarm nonresidential and unsecured CRE loans, over Tier 1 capital plus the allowance for credit losses. Owner-occupied CRE and farmland are excluded. The 2006 interagency guidance flags CRE above 300% of capital, or construction and development above 100%, for heightened supervisory scrutiny. These are screening thresholds, not limits.
Loan earnings
| Line item | Q2 2026 |
|---|---|
| Yield on loans | 7.91% |
| Interest income on loans | $259K |
Loan Portfolio trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Loan Portfolio by quarter
| Quarter | Total loans | Total deposits | Commercial real estate | Commercial and industrial | Consumer |
|---|---|---|---|---|---|
| Q3 2023 | $13.3M | $30.2M | 6.25% | 14.91% | 16.16% |
| Q4 2023 | $13.6M | $31.6M | 2.87% | 14.58% | 14.54% |
| Q1 2024 | $13.1M | $31.7M | 2.93% | 12.42% | 15.11% |
| Q2 2024 | $14.2M | $31.3M | 2.64% | 13.83% | 13.49% |
| Q3 2024 | $13.9M | $30.2M | 2.61% | 14.78% | 14.95% |
| Q4 2024 | $14.8M | $31.2M | 2.39% | 14.70% | 13.72% |
| Q1 2025 | $14.2M | $31.2M | 2.84% | 15.19% | 13.67% |
| Q2 2025 | $13.5M | $31.3M | 2.73% | 14.72% | 13.04% |
| Q3 2025 | $14.0M | $29.8M | 2.57% | 13.75% | 15.46% |
| Q4 2025 | $13.6M | $30.5M | 2.55% | 14.75% | 15.22% |
| Q1 2026 | $12.6M | $32.6M | 2.69% | 13.41% | 15.35% |
| Q2 2026 | $13.5M | $32.4M | 2.31% | 15.08% | 13.43% |
The Farmers and Merchants State Bank loan portfolio, all the way back
Loan Portfolio back to 2001 · peer percentiles on every line item · Excel export
Unlock The Farmers and Merchants State Bank, freeSource: Call Report Schedule RC-C, 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 13999) · FFIEC NIC profile (RSSD 425050)