First Farmers & Merchants National Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 5.04% (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: 5.04% (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 11.91% +5.41 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 | $15.0M | 14,996 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $125.9M | 125,940 | RCOAA223 |
| Recomputed ratio | 11.91% | numerator / denominator | |
| Filed ratio | 11.91% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +5.41 pp | $6.8M | capital that could be lost first |
Tier 1 risk-based capital ratio 11.91% +3.91 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 | $15.0M | 14,996 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $125.9M | 125,940 | RCOAA223 |
| Recomputed ratio | 11.91% | numerator / denominator | |
| Filed ratio | 11.91% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +3.91 pp | $4.9M | capital that could be lost first |
Total risk-based capital ratio 13.04% +3.04 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 | $16.4M | 16,417 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $125.9M | 125,940 | RCOAA223 |
| Recomputed ratio | 13.04% | numerator / denominator | |
| Filed ratio | 13.04% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +3.04 pp | $3.8M | capital that could be lost first |
Tier 1 leverage ratio 10.59% +5.59 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 | $15.0M | 14,996 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $141.6M | 141,597 | RCOAA224 |
| Recomputed ratio | 10.59% | numerator / denominator | |
| Filed ratio | 10.59% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +5.59 pp | $7.9M | 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 | 4,621 | 4,621 | 4,621 | 4,621 | 4,621 | 4,621 | RCOAP742 |
| Retained earnings | 10,375 | 10,008 | 10,149 | 9,611 | 9,626 | 9,370 | RCOAKW00 |
| Accumulated other comprehensive income | (1,071) | (1,190) | (982) | (1,167) | (1,294) | (1,401) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 13,925 | 13,439 | 13,788 | 13,065 | 12,953 | 12,590 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 1,071 | 1,190 | 982 | 1,167 | 1,294 | 1,401 | P859 - P840 |
| Common equity Tier 1 capital | 14,996 | 14,629 | 14,770 | 14,232 | 14,247 | 13,991 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 14,996 | 14,629 | 14,770 | 14,232 | 14,247 | 13,991 | RCOA8274 |
| Tier 2 capital | 1,421 | 1,406 | 1,508 | 1,493 | 1,464 | 1,421 | RCOA5311 |
| Allowance includable in Tier 2 capital | 1,421 | 1,406 | 1,508 | 1,493 | 1,464 | 1,421 | RCOA5310 |
| Total capital | 16,417 | 16,035 | 16,278 | 15,725 | 15,711 | 15,412 | RCOA3792 |
| Total risk-weighted assets | 125,940 | 126,889 | 120,605 | 119,409 | 117,064 | 113,594 | RCOAA223 |
| Average total assets for the leverage ratio | 141,597 | 145,250 | 139,465 | 132,662 | 129,216 | 136,963 | 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 | $5.9M | $226K | 3.86% | 0.18% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $16.9M | $500K | 2.95% | 0.40% | RC-R Part II, item 2.a, 2.b |
| Fed funds sold and repo-style transactions | $602K | $120K | 20.00% | 0.10% | RC-R Part II, item 3.a, 16 |
| Loans: residential mortgage | $16.5M | $8.3M | 50.22% | 6.59% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $315K | $472K | 150.00% | 0.38% | RC-R Part II, item 4.b, 5.b |
| Loans: all other | $99.7M | $99.5M | 99.77% | 78.97% | RC-R Part II, item 4.d, 5.d |
| All other assets | $2.7M | $2.3M | 83.76% | 1.80% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $14.6M | $14.6M | 100.00% | 11.58% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | -$200 | NA | 0.00% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $125.9M | ties to item 31 ($125.9M) |
|---|---|---|
| Risk-weighted assets before deductions | $125.9M | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $125.9M | 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 | 11.91% | 11.91% | 13.04% | 10.59% | 15.12% | 15.12% | 16.26% | 10.99% |
| 1Q26 | Risk-based | 11.53% | 11.53% | 12.64% | 10.07% | 14.98% | 15.01% | 16.09% | 10.86% |
| 4Q25 | Risk-based | 12.25% | 12.25% | 13.50% | 10.59% | 14.89% | 14.90% | 16.02% | 10.79% |
| 3Q25 | Risk-based | 11.92% | 11.92% | 13.17% | 10.73% | 14.82% | 14.86% | 15.98% | 10.87% |
| 2Q25 | Risk-based | 12.17% | 12.17% | 13.42% | 11.03% | 14.75% | 14.79% | 15.93% | 10.80% |
| 1Q25 | Risk-based | 12.32% | 12.32% | 13.57% | 10.22% | 14.77% | 14.82% | 15.94% | 10.70% |
| 4Q24 | Risk-based | 12.56% | 12.56% | 13.81% | 10.22% | 14.67% | 14.74% | 15.75% | 10.61% |
| 3Q24 | Risk-based | 11.86% | 11.86% | 13.07% | 10.33% | 14.69% | 14.72% | 15.80% | 10.69% |
| 2Q24 | Risk-based | 11.55% | 11.55% | 12.73% | 10.75% | 14.55% | 14.57% | 15.69% | 10.61% |
| 1Q24 | Risk-based | 12.28% | 12.28% | 13.53% | 10.21% | 14.58% | 14.60% | 15.70% | 10.54% |
| 4Q23 | Risk-based | 12.27% | 12.27% | 13.52% | 10.30% | 14.42% | 14.45% | 15.56% | 10.55% |
| 3Q23 | Risk-based | 11.58% | 11.58% | 12.83% | 9.37% | 14.65% | 14.67% | 15.79% | 10.60% |
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 & Merchants National Bank (this bank) | Risk-based | 11.91% | 11.91% | 13.04% | 10.59% | |
| Bank of Buffalo | $140.5M | CBLR | NA | NA | NA | 9.78% |
| Spur Security Bank | $140.6M | Risk-based | 17.91% | 17.91% | 19.01% | 12.39% |
| Farmers Savings Bank | $140.3M | CBLR | NA | NA | NA | 16.51% |
| Northwoods Bank of Minnesota | $140.6M | CBLR | NA | NA | NA | 11.22% |
| Federated Bank | $140.1M | Risk-based | 11.79% | 11.79% | 12.56% | 8.88% |
| Commercial Bank of Mott | $140.0M | CBLR | NA | NA | NA | 13.10% |
| Peoples State Bank | $140.0M | Risk-based | 28.99% | 28.99% | 29.28% | 11.02% |
| Evergreen National Bank | $139.9M | CBLR | NA | NA | NA | 13.54% |
| Valley Premier Bank | $141.0M | CBLR | NA | NA | NA | 11.13% |
| First State Bank of Brownsboro | $139.9M | CBLR | NA | NA | NA | 10.36% |
| Peer 25th percentile | 14.85% | 14.85% | 15.79% | 10.52% | ||
| Peer median | 17.91% | 17.91% | 19.01% | 11.18% | ||
| Peer 75th percentile | 23.45% | 23.45% | 24.14% | 12.92% | ||
| This bank's percentile | 33 | 33 | 33 | 30 |
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/1470150/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.