Farmers & Merchants State Bank: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks Farmers & Merchants State Bank of Winterset, IA against its peer group of 2672 similarly-sized US banks as of Q2 2026. For each metric the bank's value is shown next to the peer-group average and the bank's percentile rank and quartile within the cohort, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Top quartile means the bank ranks in the strongest 25% of its peers on that measure.
How to read the two peer columns: Peer avg is the simple mean of the peer group. The percentile is the share of peers this bank outperforms, and the tag beside it compares the bank with the median peer: above means the bank is in the better half, top means the best quarter. A skewed group can pull the mean away from the median, so a bank can sit behind the peer average and still rank above the median peer.
Profitability
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| ROAA Behind the peer average, ahead of the median peer. | 1.29% | 1.34% | -0.05% | 52nd above |
| ROAE Behind the peer average, ahead of the median peer. | 12.94% | 13.31% | -0.37% | 54th above |
| Net Interest Margin | 3.70% | 3.93% | -0.23% | 37th below |
| Efficiency Ratio | 53.40% | 61.14% | -7.74% | 73rd above |
| PPNR / Avg Assets | 1.80% | 1.68% | +0.12% | 62nd above |
| Yield on Earning Assets | 5.11% | 5.67% | -0.56% | 27th below |
| Cost of Funds | 1.53% | 1.88% | -0.35% | 68th above |
| Net Interest Spread | 3.05% | 3.32% | -0.27% | 35th below |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 0.19% | 0.94% | -0.75% | 65th above |
| NPA / Total Assets | 0.11% | 0.70% | -0.59% | 68th above |
| NCO / Avg Loans | 0.00% | 0.16% | -0.16% | 62nd above |
| ACL / Total Loans | 0.96% | 1.28% | -0.32% | 21st bottom |
| ACL / NPLs (Coverage) Behind the peer average, ahead of the median peer. | 516.56% | 1538.97% | -1022.41% | 72nd above |
| Texas Ratio | 1.08% | 7.33% | -6.25% | 71st above |
| Provision / NCO | 0.00% | 1396.05% | -1396.05% | 13th bottom |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| CET1 Ratio Behind the peer average, ahead of the median peer. | 16.13% | 19.50% | -3.37% | 58th above |
| Tier 1 Ratio Behind the peer average, ahead of the median peer. | 16.13% | 19.54% | -3.41% | 58th above |
| Total Capital Ratio Behind the peer average, ahead of the median peer. | 17.04% | 20.62% | -3.58% | 57th above |
| Leverage Ratio | 10.68% | 12.14% | -1.46% | 45th below |
| Equity / Assets | 9.89% | 11.37% | -1.48% | 43rd below |
| TCE / Tangible Assets | 9.89% | 11.09% | -1.20% | 47th below |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 68.88% | 80.64% | -11.76% | 72nd above |
| Core Deposit Ratio | 85.69% | 86.86% | -1.17% | 33rd below |
| Wholesale Funding Ratio | 0.96% | 5.03% | -4.07% | 82nd top |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) Behind the peer average, ahead of the median peer. | 5.04% | 6.85% | -1.81% | 55th above |
| Loan Growth (Y/Y) | 4.82% | 7.90% | -3.08% | 47th below |
| Deposit Growth (Y/Y) Behind the peer average, ahead of the median peer. | 5.00% | 6.29% | -1.29% | 57th above |
See Farmers & Merchants State Bank's peers by name
The 2672 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock Farmers & Merchants State Bank, freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full Farmers & Merchants State Bank profile, how to read a UBPR, or how this data updates.