Farmers & Merchants Bank: Loan Modifications and Restructuring
Data as of · Call Report Schedules RC-C Memoranda and RC-N How we update
Loans whose terms were changed for a borrower in financial difficulty. Modification postpones a loss rather than removing it, so a modified book growing faster than the non-performing book is worth reading as an early signal rather than a clean bill of health.
Non-performing loans to total loans fell 0.16 percentage points from Q1 2026 to Q2 2026, ending at 0.98% against 1.14%. It was the largest change among the key lines on this page.
Modified loans
| Line item | Q2 2026 |
|---|---|
| Modified loans and leases | $5.4M |
| Modified loans to total loans | 0.58% |
| Non-performing assets excluding restructured loans, to assets | 0.26% |
Read against the non-performing book
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to total loans | 0.98% |
| Nonaccrual loans to loans | 0.40% |
| Loans 90+ days past due to loans | 0.03% |
| Net charge-off ratio | 0.06% |
| Allowance for credit losses to loans | 0.87% |
Shown side by side so the modified share can be compared with recognised non-performing loans and with what has already been charged off.
Loan Modifications and Restructuring trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
A modified share rising while the non-performing share stays flat is the pattern worth investigating.
Loan Modifications and Restructuring by quarter
| Quarter | Modified loans | Non-performing loans | Net charge-offs |
|---|---|---|---|
| Q3 2023 | 0.00% | 0.44% | 0.10% |
| Q4 2023 | 0.01% | 0.79% | 0.38% |
| Q1 2024 | 0.00% | 0.75% | 0.39% |
| Q2 2024 | 0.01% | 0.92% | 0.09% |
| Q3 2024 | 0.01% | 0.80% | 0.32% |
| Q4 2024 | 0.80% | 1.64% | 0.45% |
| Q1 2025 | 0.66% | 1.74% | 0.09% |
| Q2 2025 | 0.64% | 1.54% | 0.25% |
| Q3 2025 | 0.71% | 1.56% | 0.49% |
| Q4 2025 | 0.60% | 1.28% | 0.51% |
| Q1 2026 | 0.60% | 1.14% | 0.09% |
| Q2 2026 | 0.58% | 0.98% | 0.06% |
Farmers & Merchants Bank loan modifications and restructuring, all the way back
Loan Modifications and Restructuring back to 2001 · peer percentiles on every line item · Excel export
Unlock Farmers & Merchants Bank, freeSource: Call Report Schedules RC-C Memoranda and RC-N, 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.
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