First Farmers & Merchants National Bank: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks First Farmers & Merchants National Bank of Fairmont, MN against its peer group of 2672 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 | 1.09% | 1.35% | -0.26% | 38th below |
| ROAE | 11.28% | 12.05% | -0.77% | 43rd below |
| Net Interest Margin | 4.25% | 3.90% | +0.35% | 67th above |
| Efficiency Ratio Ahead of the peer average, behind the median peer. | 62.84% | 63.15% | -0.31% | 45th below |
| PPNR / Avg Assets | 1.66% | 1.64% | +0.02% | 55th above |
| Yield on Earning Assets | 6.16% | 5.65% | +0.51% | 76th top |
| Cost of Funds | 2.11% | 1.85% | +0.26% | 31st below |
| Net Interest Spread | 3.72% | 3.35% | +0.37% | 72nd above |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 0.06% | 0.92% | -0.86% | 77th top |
| NPA / Total Assets | 0.05% | 0.67% | -0.62% | 77th top |
| NCO / Avg Loans Ahead of the peer average, behind the median peer. | 0.03% | 0.15% | -0.12% | 29th below |
| ACL / Total Loans | 1.19% | 1.28% | -0.09% | 49th below |
| ACL / NPLs (Coverage) | 1874.32% | 1645.04% | +229.28% | — |
| Texas Ratio | 0.48% | 7.15% | -6.67% | 80th top |
| Provision / NCO | 33.05% | 1189.90% | -1156.85% | 25th below |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| CET1 Ratio | 11.91% | 20.84% | -8.93% | 17th bottom |
| Tier 1 Ratio | 11.91% | 20.87% | -8.96% | 16th bottom |
| Total Capital Ratio | 13.04% | 21.94% | -8.90% | 17th bottom |
| Leverage Ratio | 10.59% | 12.46% | -1.87% | 43rd below |
| Equity / Assets | 9.92% | 11.67% | -1.75% | 43rd below |
| TCE / Tangible Assets | 9.92% | 11.40% | -1.48% | 48th below |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 101.02% | 78.64% | +22.38% | 10th bottom |
| Core Deposit Ratio | 91.11% | 87.09% | +4.02% | 62nd above |
| Wholesale Funding Ratio | 7.16% | 5.11% | +2.05% | 25th below |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | 7.22% | 6.47% | +0.75% | 70th above |
| Loan Growth (Y/Y) Behind the peer average, ahead of the median peer. | 7.32% | 7.64% | -0.32% | 62nd above |
| Deposit Growth (Y/Y) Behind the peer average, ahead of the median peer. | 4.05% | 6.02% | -1.97% | 50th above |
See First Farmers & Merchants National Bank's peers by name
The 2672 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock First Farmers & Merchants National 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 First Farmers & Merchants National Bank profile, how to read a UBPR, or how this data updates.