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 Luverne, 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 | 1.37% | 1.34% | +0.03% | 56th above |
| ROAE | 13.39% | 13.32% | +0.07% | 56th above |
| Net Interest Margin | 4.05% | 3.93% | +0.12% | 56th above |
| Efficiency Ratio | 51.84% | 61.13% | -9.29% | 77th top |
| PPNR / Avg Assets | 1.97% | 1.68% | +0.29% | 71st above |
| Yield on Earning Assets | 5.52% | 5.67% | -0.15% | 46th below |
| Cost of Funds | 1.63% | 1.88% | -0.25% | 61st above |
| Net Interest Spread | 3.58% | 3.32% | +0.26% | 63rd above |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans Ahead of the peer average, behind the median peer. | 0.85% | 0.94% | -0.09% | 32nd below |
| NPA / Total Assets Ahead of the peer average, behind the median peer. | 0.65% | 0.70% | -0.05% | 32nd below |
| NCO / Avg Loans | 0.00% | 0.16% | -0.16% | 62nd above |
| ACL / Total Loans | 1.07% | 1.28% | -0.21% | 34th below |
| ACL / NPLs (Coverage) | 126.42% | 1546.48% | -1420.06% | 35th below |
| Texas Ratio Ahead of the peer average, behind the median peer. | 5.53% | 7.34% | -1.81% | 38th below |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| CET1 Ratio | 14.32% | 19.49% | -5.17% | 42nd below |
| Tier 1 Ratio | 14.32% | 19.52% | -5.20% | 41st below |
| Total Capital Ratio | 15.31% | 20.61% | -5.30% | 40th below |
| Leverage Ratio Behind the peer average, ahead of the median peer. | 11.62% | 12.14% | -0.52% | 60th above |
| Equity / Assets Behind the peer average, ahead of the median peer. | 10.87% | 11.36% | -0.49% | 58th above |
| TCE / Tangible Assets Behind the peer average, ahead of the median peer. | 10.87% | 11.08% | -0.21% | 62nd above |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 86.63% | 80.66% | +5.97% | 36th below |
| Core Deposit Ratio | 80.23% | 86.85% | -6.62% | 17th bottom |
| Wholesale Funding Ratio | 0.60% | 5.04% | -4.44% | 88th top |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | 7.59% | 6.84% | +0.75% | 73rd above |
| Loan Growth (Y/Y) Behind the peer average, ahead of the median peer. | 7.82% | 7.92% | -0.10% | 64th above |
| Deposit Growth (Y/Y) | 8.22% | 6.29% | +1.93% | 77th top |
See First Farmers & Merchants National Bank's peers by name
The 2603 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.