Farmers & Merchants State Bank of Springfield: 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 Springfield of Springfield, MN 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 | 1.49% | 1.34% | +0.15% | 63rd above |
| ROAE | 17.68% | 13.32% | +4.36% | 78th top |
| Net Interest Margin | 4.13% | 3.93% | +0.20% | 61st above |
| Efficiency Ratio | 62.32% | 61.13% | +1.19% | 47th below |
| PPNR / Avg Assets | 1.55% | 1.68% | -0.13% | 48th below |
| Yield on Earning Assets | 5.43% | 5.67% | -0.24% | 41st below |
| Cost of Funds | 1.36% | 1.88% | -0.52% | 77th top |
| Net Interest Spread | 3.78% | 3.32% | +0.46% | 74th above |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 4.48% | 0.94% | +3.54% | 3rd bottom |
| NPA / Total Assets | 2.85% | 0.70% | +2.15% | 4th bottom |
| NCO / Avg Loans | 0.00% | 0.16% | -0.16% | 62nd above |
| ACL / Total Loans | 1.74% | 1.28% | +0.46% | 88th top |
| ACL / NPLs (Coverage) | 38.87% | 1546.34% | -1507.47% | 6th bottom |
| Texas Ratio | 29.42% | 7.33% | +22.09% | 3rd bottom |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| CET1 Ratio Behind the peer average, ahead of the median peer. | 15.23% | 19.49% | -4.26% | 51st above |
| Tier 1 Ratio Behind the peer average, ahead of the median peer. | 15.23% | 19.52% | -4.29% | 51st above |
| Total Capital Ratio Behind the peer average, ahead of the median peer. | 16.49% | 20.61% | -4.12% | 52nd above |
| Leverage Ratio | 8.70% | 12.14% | -3.44% | 9th bottom |
| Equity / Assets | 8.57% | 11.37% | -2.80% | 21st bottom |
| TCE / Tangible Assets | 8.57% | 11.08% | -2.51% | 24th bottom |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 73.71% | 80.66% | -6.95% | 64th above |
| Core Deposit Ratio | 98.61% | 86.85% | +11.76% | 97th top |
| Wholesale Funding Ratio Ahead of the peer average, behind the median peer. | 4.08% | 5.04% | -0.96% | 45th below |
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. | 5.21% | 6.84% | -1.63% | 57th above |
| Loan Growth (Y/Y) | -5.30% | 7.92% | -13.22% | 7th bottom |
| Deposit Growth (Y/Y) | 6.30% | 6.29% | +0.01% | 66th above |
See Farmers & Merchants State Bank of Springfield'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 of Springfield, 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 of Springfield profile, how to read a UBPR, or how this data updates.