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 Waterloo, WI against its peer group of 2603 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 | 1.02% | 1.34% | -0.32% | 34th below |
| ROAE | 9.50% | 13.32% | -3.82% | 33rd below |
| Net Interest Margin | 3.50% | 3.93% | -0.43% | 27th below |
| Efficiency Ratio | 67.35% | 61.13% | +6.22% | 34th below |
| PPNR / Avg Assets | 1.29% | 1.68% | -0.39% | 33rd below |
| Yield on Earning Assets | 5.44% | 5.67% | -0.23% | 42nd below |
| Cost of Funds | 2.15% | 1.88% | +0.27% | 29th below |
| Net Interest Spread | 2.86% | 3.32% | -0.46% | 27th below |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 0.08% | 0.94% | -0.86% | 76th top |
| NPA / Total Assets | 0.07% | 0.70% | -0.63% | 75th top |
| NCO / Avg Loans | 0.00% | 0.16% | -0.16% | 62nd above |
| ACL / Total Loans | 1.11% | 1.28% | -0.17% | 40th below |
| ACL / NPLs (Coverage) | 1453.66% | 1546.14% | -92.48% | — |
| Texas Ratio | 0.56% | 7.34% | -6.78% | 79th top |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Leverage Ratio Behind the peer average, ahead of the median peer. | 11.13% | 12.14% | -1.01% | 53rd above |
| Equity / Assets Behind the peer average, ahead of the median peer. | 10.87% | 11.36% | -0.49% | 58th above |
| TCE / Tangible Assets Behind the peer average, ahead of the median peer. | 10.87% | 11.08% | -0.21% | 62nd above |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 117.04% | 80.65% | +36.39% | 2nd bottom |
| Core Deposit Ratio | 94.47% | 86.85% | +7.62% | 82nd top |
| Wholesale Funding Ratio | 13.51% | 5.03% | +8.48% | 7th bottom |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | 3.46% | 6.84% | -3.38% | 43rd below |
| Loan Growth (Y/Y) | 5.18% | 7.92% | -2.74% | 49th below |
| Deposit Growth (Y/Y) | 3.78% | 6.29% | -2.51% | 48th below |
See Farmers & Merchants State Bank's peers by name
The 2603 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.