The 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 Other borrowed money: 83.7% higher than in Q1 2026, at $72.0M. The Farmers & Merchants Bank ranks 54th of 153 Wisconsin banks on loan-to-deposit ratio, in the upper half at 94.42% (Q2 2026). The median for banks in the $100M-1B asset tier is 80.84% on loan-to-deposit ratio. The Farmers & Merchants Bank sits 13.58 points higher, at 94.42% (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $15.7M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $186.3M |
| Fed funds sold and reverse repos | $0 |
| Fed funds sold and reverse repos to assets | 0.00% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $72.0M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 7.58% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 94.42% |
| Net loans and leases to deposits | 93.10% |
| Loans and leases to core deposits | 96.86% |
| Core deposits to total deposits | 46.17% |
| Brokered deposits to total deposits | 51.30% |
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 | 97.28% | 44.88% | $0 | $83.8M |
| Q4 2023 | 95.51% | 39.85% | $0 | $82.6M |
| Q1 2024 | 94.18% | 38.23% | $0 | $69.6M |
| Q2 2024 | 91.38% | 37.45% | $0 | $43.6M |
| Q3 2024 | 93.26% | 37.63% | $0 | $62.0M |
| Q4 2024 | 92.78% | 36.39% | $0 | $64.7M |
| Q1 2025 | 89.85% | 39.44% | $0 | $39.0M |
| Q2 2025 | 88.95% | 40.32% | $0 | $42.5M |
| Q3 2025 | 88.04% | 41.91% | $0 | $44.5M |
| Q4 2025 | 89.88% | 43.05% | $0 | $42.5M |
| Q1 2026 | 89.01% | 46.31% | $0 | $39.2M |
| Q2 2026 | 94.42% | 46.17% | $0 | $72.0M |
The 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 The 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 The Farmers & Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15779) · FFIEC NIC profile (RSSD 574949)