Farmers & Merchants 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.
The standout move of Q2 2026 was in Fed funds sold and reverse repos: 42.3% lower than in Q1 2026, at $38.4M. Farmers & Merchants Bank ranks 41st of 56 Virginia banks on loan-to-deposit ratio, in the lower half at 73.24% (Q2 2026). The median for banks in the $1B-10B asset tier is 88.20% on loan-to-deposit ratio. Farmers & Merchants Bank sits 14.96 points lower, at 73.24% (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $60.9M |
| Cash and noninterest-bearing balances to assets | 1.61% |
| Cash and securities | $398.4M |
| Fed funds sold and reverse repos | $38.4M |
| Fed funds sold and reverse repos to assets | 2.75% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $0 |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 0.00% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 73.24% |
| Net loans and leases to deposits | 72.61% |
| Loans and leases to core deposits | 75.35% |
| Core deposits to total deposits | 97.20% |
| 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 | 70.90% | 96.72% | $0 | $60.0M |
| Q4 2023 | 72.36% | 96.27% | $0 | $60.0M |
| Q1 2024 | 71.24% | 95.16% | $0 | $60.0M |
| Q2 2024 | 69.67% | 94.43% | $0 | $20.0M |
| Q3 2024 | 68.15% | 94.42% | $0 | $15.0M |
| Q4 2024 | 70.23% | 95.08% | $0 | $0 |
| Q1 2025 | 68.63% | 95.80% | $0 | $0 |
| Q2 2025 | 70.77% | 96.09% | $0 | $0 |
| Q3 2025 | 70.42% | 96.50% | $0 | $0 |
| Q4 2025 | 71.11% | 96.64% | $0 | $0 |
| Q1 2026 | 70.15% | 97.10% | $0 | $0 |
| Q2 2026 | 73.24% | 97.20% | $0 | $0 |
Farmers & Merchants Bank liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Farmers & Merchants 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 & Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8668) · FFIEC NIC profile (RSSD 713926)