Farmers & Merchants State Bank: Deposit Base
Data as of · Call Report Schedules RC-E and RC-O How we update
How the bank is funded. Core deposits are the stable, mostly-insured relationship money; brokered and uninsured balances are the fastest to leave. The 2023 regional bank failures were runs on uninsured deposits, which is why that share now gets read first.
Noninterest-bearing share of deposits dropped 2.69 percentage points in Q2 2026, from 28.23% to 25.54%. It was the largest change from Q1 2026 among the key lines here. Within Iowa, Farmers & Merchants State Bank is 108th of 225 on total deposits, $241.1M as of Q2 2026, above the middle of the field. The median for banks in the $100M-1B asset tier is $277.3M on total deposits. Farmers & Merchants State Bank sits 13% lower, at $241.1M (Q2 2026).
Deposit totals
| Line item | Q2 2026 |
|---|---|
| Total deposits | $241.1M |
| Domestic office deposits | $241.1M |
| Foreign office deposits | — |
| Deposits to total assets | 88.72% |
| Deposits to total liabilities | 98.45% |
Deposit composition
| Line item | Q2 2026 |
|---|---|
| Demand deposits | $94.2M |
| Savings deposits | $29.4M |
| Transaction accounts to domestic deposits | 39.09% |
| Time deposits | $34K |
| Time deposits under $100k | $28.4M |
| Time deposits $100k to $250k | $19.5M |
| Time deposits over $250k | $34.5M |
| Noninterest-bearing share of deposits | 25.54% |
Stability of funding
| Line item | Q2 2026 |
|---|---|
| Core deposits | $206.6M |
| Core deposits to total deposits | 85.69% |
| Insured deposits | — |
| Uninsured deposits | — |
| Uninsured deposits to total deposits | — |
| Brokered deposits | $0 |
| Brokered deposits to total deposits | 0.00% |
Cost of deposits
| Line item | Q2 2026 |
|---|---|
| Cost of interest-bearing deposits | 2.03% |
| Interest expense on deposits | $884K |
| Loans and leases to core deposits | 80.39% |
Deposit Base trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Deposit Base by quarter
| Quarter | Total deposits | Core deposits | Brokered deposits | Cost of interest-bearing deposits |
|---|---|---|---|---|
| Q3 2023 | $193.9M | 92.72% | 0.00% | 1.43% |
| Q4 2023 | $211.9M | 91.94% | 0.00% | 1.85% |
| Q1 2024 | $204.0M | 89.73% | 0.98% | 1.89% |
| Q2 2024 | $209.6M | 89.48% | 0.95% | 1.99% |
| Q3 2024 | $211.7M | 87.28% | 0.47% | 2.31% |
| Q4 2024 | $232.8M | 86.02% | 0.43% | 2.20% |
| Q1 2025 | $230.9M | 83.90% | 0.43% | 2.05% |
| Q2 2025 | $229.6M | 85.71% | 0.44% | 2.25% |
| Q3 2025 | $227.0M | 86.50% | 0.00% | 2.10% |
| Q4 2025 | $238.2M | 87.48% | 0.00% | 2.05% |
| Q1 2026 | $235.7M | 86.00% | 0.00% | 2.05% |
| Q2 2026 | $241.1M | 85.69% | 0.00% | 2.03% |
Farmers & Merchants State Bank deposit base, all the way back
Deposit Base back to 2001 · peer percentiles on every line item · Excel export
Unlock Farmers & Merchants State Bank, freeSource: Call Report Schedules RC-E and RC-O, 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15610) · FFIEC NIC profile (RSSD 145741)