Farmers & Merchants Bank: Regulatory Capital
Data as of · Call Report Schedule RC-R How we update
The regulatory capital stack and the risk-weighted assets it is measured against. A bank is well capitalized at 6.5% CET1, 8% Tier 1 and 10% total risk-based capital; the conservation buffer effectively lifts CET1 to 7%.
Accumulated other comprehensive income climbed 10.8% in Q2 2026, from -$17.2M to -$15.3M. It was the largest change from Q1 2026 among the key lines here. Farmers & Merchants Bank ranks 30th of 44 Virginia banks on CET1 ratio, in the lower half at 13.50% (Q2 2026). At 13.50%, Farmers & Merchants Bank's CET1 ratio is close to the 13.48% median for banks in the $1B-10B asset tier (Q2 2026).
Risk-based capital ratios
| Line item | Q2 2026 |
|---|---|
| Common equity Tier 1 ratio | 13.50% |
| Tier 1 risk-based capital ratio | 13.50% |
| Total risk-based capital ratio | 14.43% |
| Tier 1 leverage ratio | 9.10% |
The leverage ratio is measured against average total assets, not risk-weighted assets, so it will normally sit well below the risk-based ratios. Equal values would indicate a reporting error.
Capital amounts
| Line item | Q2 2026 |
|---|---|
| Common equity Tier 1 capital | $128.5M |
| Tier 1 capital | $128.5M |
| Total risk-based capital | $137.3M |
| Total equity capital | $116.0M |
| Risk-weighted assets | $951.5M |
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| Equity capital to total assets | 8.31% |
| Tangible equity to tangible assets | 8.12% |
| Equity capital to average assets | 8.20% |
| Internal capital growth rate | 16.19% |
Capital structure
| Line item | Q2 2026 |
|---|---|
| Common stock | $500K |
| Common stock surplus | $39.5M |
| Retained earnings | $91.4M |
| Preferred stock and surplus | $0 |
| Accumulated other comprehensive income | -$15.3M |
| Subordinated notes and debentures | $0 |
Regulatory Capital trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Regulatory Capital by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | Risk-weighted assets |
|---|---|---|---|---|---|
| Q3 2023 | 11.68% | 11.68% | 12.67% | 8.20% | $924.4M |
| Q4 2023 | 11.68% | 11.68% | 12.58% | 8.13% | $928.6M |
| Q1 2024 | 11.96% | 11.96% | 12.89% | 8.11% | $909.9M |
| Q2 2024 | 12.21% | 12.21% | 13.13% | 8.29% | $908.4M |
| Q3 2024 | 12.28% | 12.28% | 13.23% | 8.20% | $902.3M |
| Q4 2024 | 12.42% | 12.42% | 13.39% | 8.23% | $902.8M |
| Q1 2025 | 12.57% | 12.57% | 13.50% | 8.50% | $904.1M |
| Q2 2025 | 12.73% | 12.73% | 13.73% | 8.68% | $907.8M |
| Q3 2025 | 12.76% | 12.76% | 13.70% | 8.69% | $920.9M |
| Q4 2025 | 13.11% | 13.11% | 14.04% | 8.73% | $928.0M |
| Q1 2026 | 13.18% | 13.18% | 14.10% | 8.84% | $941.0M |
| Q2 2026 | 13.50% | 13.50% | 14.43% | 9.10% | $951.5M |
Farmers & Merchants Bank regulatory capital, all the way back
Regulatory Capital back to 2001 · peer percentiles on every line item · Excel export
Unlock Farmers & Merchants Bank, freeSource: Call Report Schedule RC-R, 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 & Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8668) · FFIEC NIC profile (RSSD 713926)