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.
Fed funds sold and reverse repos dropped 67.1% in Q2 2026, from $6.7M to $2.2M. It was the largest change from Q1 2026 among the key lines here. On loan-to-deposit ratio, Farmers & Merchants State Bank ranks 9th highest among the 153 banks headquartered in Wisconsin, at 117.04% (Q2 2026). The median for banks in the $100M-1B asset tier is 80.84% on loan-to-deposit ratio. Farmers & Merchants State Bank sits 36.20 points higher, at 117.04% (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $9.5M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $24.4M |
| Fed funds sold and reverse repos | $2.2M |
| Fed funds sold and reverse repos to assets | 0.90% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $33.2M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 13.51% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 117.04% |
| Net loans and leases to deposits | 115.74% |
| Loans and leases to core deposits | 123.75% |
| Core deposits to total deposits | 94.47% |
| Brokered deposits to total deposits | 0.11% |
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 | 115.26% | 95.71% | $0 | $40.9M |
| Q4 2023 | 116.69% | 95.28% | $0 | $39.2M |
| Q1 2024 | 116.82% | 94.64% | $0 | $38.2M |
| Q2 2024 | 115.97% | 93.99% | $0 | $37.2M |
| Q3 2024 | 111.93% | 94.65% | $0 | $37.2M |
| Q4 2024 | 113.48% | 94.21% | $0 | $37.2M |
| Q1 2025 | 111.60% | 94.02% | $0 | $34.2M |
| Q2 2025 | 115.49% | 93.89% | $0 | $33.2M |
| Q3 2025 | 115.50% | 94.74% | $0 | $33.2M |
| Q4 2025 | 115.35% | 94.78% | $0 | $33.2M |
| Q1 2026 | 113.09% | 93.88% | $0 | $33.2M |
| Q2 2026 | 117.04% | 94.47% | $0 | $33.2M |
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 13242) · FFIEC NIC profile (RSSD 79145)