Pierz, MN · Cert 10165 · Farmers&Merchants Agency Inc.
State charter, non-member · FDIC · 3 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks under $1B in assets in MN (n=111 to 113). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
3
Asset Quality
22
Profitability
84
Liquidity
81
Efficiency
61
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Pierz, MN · Cert 10165 · Farmers&Merchants Agency Inc.
State charter, non-member · FDIC · 3 branches
Q2 2026
Market Position · St. Cloud, MN · 2026 SOD (annual) · 0.8% share · #22 of 32 inst. · $0.1B of $7.9B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.15% | 1.24% | 0.42% | 1.00% | 0.93% | 1.09% | 1.09% | 1.36% | +36 bps | |
| Return on Equity | 18.18% | 19.78% | 6.90% | 15.99% | 14.32% | 16.06% | 15.07% | 19.09% | +311 bps | |
| Net Interest Margin | 3.73% | 3.71% | 4.08% | 4.18% | 4.14% | 4.17% | 4.49% | 4.63% | +45 bps | |
| Efficiency Ratio | 62.32% | 60.89% | 61.37% | 62.39% | 59.06% | 57.42% | 60.15% | 58.23% | -415 bps | |
| Non-Interest Burden | 2.19% | 2.12% | 2.37% | 2.47% | 2.30% | 2.25% | 2.57% | 2.55% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.11% | 7.12% | 3.92% | 2.49% | -0.67% | 3.78% | 3.25% | 4.61% | +212 bps | |
| Loan Growth (YoY) | 6.52% | 5.42% | 5.49% | -6.86% | -3.25% | -2.69% | -2.66% | 10.39% | +1,725 bps | |
| Deposit Growth (YoY) | 9.10% | 6.66% | 5.50% | 2.48% | -1.24% | 2.55% | 3.26% | 3.35% | +87 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.45% | 0.06% | 0.17% | 1.18% | 1.30% | 1.39% | 1.23% | 1.03% | -15 bps | |
| Net Charge-Offs / Loans | -0.01% | -0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.99% | 0.66% | +66 bps | |
| Allowance / Loans | 1.34% | 1.32% | 1.35% | 1.34% | 1.34% | 1.45% | 1.40% | 1.32% | -3 bps | |
| Allowance Coverage of NPLs | 3.0x | 22.8x | 8.0x | 1.1x | 1.0x | 1.0x | 1.1x | 1.3x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.86% | 9.83% | 9.81% | 10.15% | 9.75% | 9.93% | 8.97% | 9.28% | -87 bps | |
| Total Risk-Based Capital | 9.86% | 9.83% | 9.81% | 10.15% | 9.75% | 9.93% | 8.97% | 9.28% | -87 bps | |
| Equity / Assets | 6.36% | 6.11% | 6.05% | 6.69% | 7.25% | 7.80% | 6.59% | 6.99% | +29 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 68.85% | 71.74% | 74.17% | 67.12% | 67.45% | 68.07% | 69.92% | 71.69% | +457 bps | |
| Liquid Assets / Assets | 1.16% | 1.19% | 6.11% | 8.67% | 5.59% | 2.54% | 1.85% | 1.38% | -729 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 108.27% | 103.60% | 108.48% | n/a | n/a | |
Pierz, MN · Cert 10165 · Peer group: banks under $1B in assets in MN (n=111-113) · Farmers&Merchants Agency Inc.
State charter, non-member · FDIC · 3 branches
Q2 2026
Return on Assets
1.36%
Rank 35 of 113
Net Interest Margin
4.63%
Rank 12 of 113
Efficiency Ratio
58.23%
Rank 45 of 113
Equity / Assets
6.99%
Rank 106 of 113
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.36% | 0.87% | 1.20% | 1.41% | Beats 69% | 35 / 113 | ||
| Return on Equity | 19.51% | 8.92% | 11.27% | 13.99% | Beats 93% | 8 / 113 | ||
| Net Interest Margin | 4.63% | 3.42% | 3.88% | 4.31% | Beats 89% | 12 / 113 | ||
| Efficiency Ratio | 58.23% | 54.13% | 61.48% | 69.86% | Beats 61% | 45 / 113 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 1.03% | 0.09% | 0.58% | 1.82% | Beats 36% | 72 / 111 | ||
| Net Charge-Offs / Loans | 0.34% | n/a | 0.00% | 0.04% | Beats 8% | 103 / 111 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 9.28% | 11.53% | 13.31% | 18.13% | Beats 1% | 112 / 113 | ||
| Total Risk-Based Capital Ratio | 9.28% | 12.12% | 14.43% | 19.39% | Beats 1% | 112 / 113 | ||
| Equity / Assets | 6.99% | 8.52% | 10.10% | 11.94% | Beats 6% | 106 / 113 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 71.69% | 62.08% | 77.32% | 88.06% | 39th pctl | 68 / 111 | ||
| Loans / Assets | 65.77% | 55.01% | 66.35% | 75.50% | 49th pctl | 58 / 113 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||