Farmers & Merchants 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 Q2 2026 was in Reserve coverage of non-performing loans: 12.08 percentage points higher than in Q1 2026, at 89.28%. Farmers & Merchants Bank ranks 25th of 56 Virginia banks on return on assets, in the upper half at 1.52% (Q2 2026). Farmers & Merchants Bank reported 1.52% on return on assets for Q2 2026, 0.24 points above the 1.28% median for banks in the $1B-10B asset tier.
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 13.50% |
| Tier 1 risk-based capital ratio | 13.50% |
| Total risk-based capital ratio | 14.43% |
| Tier 1 leverage ratio | 9.10% |
| Equity capital to assets | 8.31% |
| Tangible equity to tangible assets | 8.12% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 0.98% |
| Non-performing assets ratio | 0.65% |
| Net charge-off ratio | 0.06% |
| Texas ratio | 7.68% |
| Allowance for credit losses to loans | 0.87% |
| Reserve coverage of non-performing loans | 89.28% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 1.52% |
| Return on equity | 19.02% |
| Net interest margin | 3.79% |
| Efficiency ratio | 49.29% |
| Yield on earning assets | 5.47% |
| Cost of funds | 1.76% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 73.24% |
| Core deposits to total deposits | 97.20% |
| Brokered deposits to total deposits | 0.00% |
| Deposits to assets | 90.76% |
| Securities to assets | 24.18% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 11.68% | 11.68% | 12.67% | 8.20% | 0.32% |
| Q4 2023 | 11.68% | 11.68% | 12.58% | 8.13% | 0.16% |
| Q1 2024 | 11.96% | 11.96% | 12.89% | 8.11% | 0.38% |
| Q2 2024 | 12.21% | 12.21% | 13.13% | 8.29% | 0.89% |
| Q3 2024 | 12.28% | 12.28% | 13.23% | 8.20% | 0.23% |
| Q4 2024 | 12.42% | 12.42% | 13.39% | 8.23% | 0.66% |
| Q1 2025 | 12.57% | 12.57% | 13.50% | 8.50% | 0.72% |
| Q2 2025 | 12.73% | 12.73% | 13.73% | 8.68% | 0.85% |
| Q3 2025 | 12.76% | 12.76% | 13.70% | 8.69% | 0.86% |
| Q4 2025 | 13.11% | 13.11% | 14.04% | 8.73% | 0.89% |
| Q1 2026 | 13.18% | 13.18% | 14.10% | 8.84% | 0.93% |
| Q2 2026 | 13.50% | 13.50% | 14.43% | 9.10% | 1.52% |
Farmers & Merchants Bank vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock Farmers & Merchants 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 & Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8668) · FFIEC NIC profile (RSSD 713926)