The 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 Other borrowed money: 23.1% lower than in Q1 2026, at $168.4M. The Farmers & Merchants State Bank ranks 35th of 156 Ohio banks on loan-to-deposit ratio, in the upper half at 94.24% (Q2 2026). The median for banks in the $1B-10B asset tier is 88.20% on loan-to-deposit ratio. The Farmers & Merchants State Bank sits 6.03 points higher, at 94.24% (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $148.0M |
| Cash and noninterest-bearing balances to assets | 4.22% |
| Cash and securities | $588.8M |
| Fed funds sold and reverse repos | $511K |
| Fed funds sold and reverse repos to assets | 0.01% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $14.8M |
| Other borrowed money | $168.4M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 4.83% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 94.24% |
| Net loans and leases to deposits | 93.26% |
| Loans and leases to core deposits | 102.67% |
| Core deposits to total deposits | 90.83% |
| Brokered deposits to total deposits | 0.96% |
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 | 98.20% | 93.15% | $30.5M | $266.3M |
| Q4 2023 | 98.92% | 94.62% | $28.2M | $265.8M |
| Q1 2024 | 96.89% | 93.72% | $28.2M | $256.6M |
| Q2 2024 | 96.83% | 92.72% | $27.2M | $266.1M |
| Q3 2024 | 94.48% | 92.51% | $27.3M | $263.1M |
| Q4 2024 | 95.31% | 93.69% | $27.2M | $246.1M |
| Q1 2025 | 95.61% | 93.76% | $27.3M | $245.5M |
| Q2 2025 | 97.03% | 92.87% | $27.6M | $188.4M |
| Q3 2025 | 96.64% | 92.75% | $22.7M | $187.9M |
| Q4 2025 | 99.36% | 92.98% | $37.7M | $227.4M |
| Q1 2026 | 95.45% | 92.96% | $14.8M | $219.0M |
| Q2 2026 | 94.24% | 90.83% | $14.8M | $168.4M |
The 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 The 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 The Farmers & Merchants State Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5969) · FFIEC NIC profile (RSSD 214414)