First Farmers and Merchants Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 10.33% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 10.33% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 17.56% +11.06 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $203.3M | 203,340 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.16B | 1,157,828 | RCOAA223 |
| Recomputed ratio | 17.56% | numerator / denominator | |
| Filed ratio | 17.56% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +11.06 pp | $128.1M | capital that could be lost first |
Tier 1 risk-based capital ratio 17.56% +9.56 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $203.3M | 203,340 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.16B | 1,157,828 | RCOAA223 |
| Recomputed ratio | 17.56% | numerator / denominator | |
| Filed ratio | 17.56% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +9.56 pp | $110.7M | capital that could be lost first |
Total risk-based capital ratio 18.33% +8.33 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $212.2M | 212,223 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $1.16B | 1,157,828 | RCOAA223 |
| Recomputed ratio | 18.33% | numerator / denominator | |
| Filed ratio | 18.33% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +8.33 pp | $96.4M | capital that could be lost first |
Tier 1 leverage ratio 11.19% +6.19 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $203.3M | 203,340 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $1.82B | 1,816,556 | RCOAA224 |
| Recomputed ratio | 11.19% | numerator / denominator | |
| Filed ratio | 11.19% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +6.19 pp | $112.5M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 29,049 | 29,071 | 29,083 | 29,069 | 29,047 | 29,073 | RCOAP742 |
| Retained earnings | 183,309 | 179,268 | 175,533 | 172,756 | 169,669 | 167,158 | RCOAKW00 |
| Accumulated other comprehensive income | (34,045) | (34,143) | (32,624) | (36,863) | (41,984) | (47,214) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 178,313 | 174,196 | 171,992 | 164,962 | 156,732 | 149,017 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 25,027 | 25,125 | 23,606 | 27,845 | 32,966 | 38,196 | P859 - P840 |
| Common equity Tier 1 capital | 203,340 | 199,321 | 195,598 | 192,807 | 189,698 | 187,213 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 203,340 | 199,321 | 195,598 | 192,807 | 189,698 | 187,213 | RCOA8274 |
| Tier 2 capital | 8,883 | 8,759 | 8,711 | 8,749 | 8,780 | 8,790 | RCOA5311 |
| Allowance includable in Tier 2 capital | 8,883 | 8,759 | 8,711 | 8,749 | 8,780 | 8,790 | RCOA5310 |
| Total capital | 212,223 | 208,080 | 204,309 | 201,556 | 198,478 | 196,003 | RCOA3792 |
| Total risk-weighted assets | 1,157,828 | 1,133,030 | 1,118,253 | 1,124,532 | 1,114,825 | 1,122,695 | RCOAA223 |
| Average total assets for the leverage ratio | 1,816,556 | 1,816,926 | 1,801,464 | 1,805,892 | 1,799,674 | 1,834,228 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $48.5M | $3.6M | 7.33% | 0.31% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $626.1M | $145.1M | 23.17% | 12.53% | RC-R Part II, item 2.a, 2.b |
| Fed funds sold and repo-style transactions | $101K | $20K | 20.00% | 0.00% | RC-R Part II, item 3.a, 16 |
| Loans: residential mortgage | $314.8M | $157.8M | 50.11% | 13.63% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $1.8M | $2.7M | 150.00% | 0.23% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $554K | $831K | 150.00% | 0.07% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $721.1M | $720.9M | 99.98% | 62.26% | RC-R Part II, item 4.d, 5.d |
| All other assets | $92.3M | $90.2M | 97.75% | 7.79% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $71.2M | $33.9M | 47.64% | 2.93% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | $2.9M | NA | 0.25% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $1.15B | ties to item 31 ($1.15B) |
|---|---|---|
| Risk-weighted assets before deductions | $1.16B | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $1.16B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 17.56% | 17.56% | 18.33% | 11.19% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 17.59% | 17.59% | 18.36% | 10.97% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 17.49% | 17.49% | 18.27% | 10.86% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 17.15% | 17.15% | 17.92% | 10.68% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 17.02% | 17.02% | 17.80% | 10.54% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 16.68% | 16.68% | 17.46% | 10.21% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 16.41% | 16.41% | 17.17% | 9.91% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 15.69% | 15.69% | 16.44% | 9.43% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 15.07% | 15.07% | 15.80% | 9.27% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 15.39% | 15.39% | 16.14% | 9.16% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 15.02% | 15.02% | 15.75% | 9.01% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 14.85% | 14.85% | 15.60% | 8.88% | 12.78% | 12.79% | 13.93% | 10.03% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| First Farmers and Merchants Bank (this bank) | Risk-based | 17.56% | 17.56% | 18.33% | 11.19% | |
| Androscoggin Savings Bank | $1.76B | Risk-based | 13.15% | 13.15% | 14.19% | 10.76% |
| Peoples Bank | $1.76B | Risk-based | 14.55% | 14.55% | 15.42% | 11.50% |
| Hawthorn Bank | $1.76B | Risk-based | 13.23% | 13.23% | 14.49% | 11.26% |
| Column N.A. | $1.77B | Risk-based | 25.03% | 25.03% | 25.37% | 8.43% |
| Waterford Bank, N.A. | $1.77B | Risk-based | 11.43% | 11.43% | 12.61% | 10.45% |
| Chelsea Groton Bank | $1.75B | Risk-based | 21.99% | 21.99% | 22.93% | 16.73% |
| First National Bank of Central Texas | $1.77B | Risk-based | 14.55% | 14.55% | 15.80% | 10.83% |
| Community State Bank | $1.75B | Risk-based | 11.89% | 11.89% | 12.74% | 11.67% |
| Sutton Bank | $1.74B | Risk-based | 30.34% | 30.34% | 31.12% | 10.01% |
| Peer 25th percentile | 13.15% | 13.15% | 14.19% | 10.45% | ||
| Peer median | 14.55% | 14.55% | 15.42% | 10.83% | ||
| Peer 75th percentile | 21.99% | 21.99% | 22.93% | 11.50% | ||
| This bank's percentile | 67 | 67 | 67 | 56 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/150035/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.