Farmers & Merchants State 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: 100.0% lower than in Q1 2026, at $0. Within Iowa, Farmers & Merchants State Bank is 168th of 225 on loan-to-deposit ratio, 68.88% as of Q2 2026, below the middle of the field. The median for banks in the $100M-1B asset tier is 80.84% on loan-to-deposit ratio. Farmers & Merchants State Bank sits 11.96 points lower, at 68.88% (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $26.2M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $99.5M |
| 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 | $2.6M |
| 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 | 68.88% |
| Net loans and leases to deposits | 68.22% |
| Loans and leases to core deposits | 80.39% |
| Core deposits to total deposits | 85.69% |
| 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 | 70.36% | 92.72% | $10.5M | $0 |
| Q4 2023 | 68.29% | 91.94% | $4.3M | $0 |
| Q1 2024 | 70.69% | 89.73% | $4.1M | $0 |
| Q2 2024 | 70.73% | 89.48% | $3.2M | $0 |
| Q3 2024 | 70.91% | 87.28% | $3.2M | $0 |
| Q4 2024 | 64.56% | 86.02% | $3.2M | $0 |
| Q1 2025 | 66.50% | 83.90% | $3.2M | $0 |
| Q2 2025 | 69.00% | 85.71% | $3.2M | $0 |
| Q3 2025 | 72.12% | 86.50% | $3.3M | $0 |
| Q4 2025 | 69.23% | 87.48% | $2.6M | $0 |
| Q1 2026 | 68.98% | 86.00% | $2.6M | $0 |
| Q2 2026 | 68.88% | 85.69% | $2.6M | $0 |
Farmers & Merchants State 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 State 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 State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 15610) · FFIEC NIC profile (RSSD 145741)