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Farmers and Merchants Bank

Arnett, OK · Cert 13415

State charter, non-member · FDIC · 1 branch

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in OK3

Basis

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.

Peer group

Banks under $1B in assets in OK (n=88 to 89). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

53

Q2 2024Q2 2026peer median (50)

Asset Quality

41

Q2 2024Q2 2026peer median (50)

Profitability

32

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

88

Q2 2024Q2 2026peer median (50)

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.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Farmers and Merchants Bank

Arnett, OK · Cert 13415

State charter, non-member · FDIC · 1 branch

Q2 2026

$80.3MAssets
$24.5MLoans
$69.9MDeposits
$10.0MEquity
Loan mix
40%RE $6.7M24%C&I $4.0M36%Consumer $6.1MQ2 2025Q2 2026
Deposit mix
77%Interest-bearing $54.0M23%Noninterest $15.8MQ2 2025Q2 2026

NIM

4.79%Q2 ’244.78%Q2 ’254.53%Q2 ’26+1%-4%

Non-interest income vs. expense

1.59%Q2 ’241.72%Q2 ’251.60%Q2 ’26+10%-8%

Executive Summary

  • Earnings: ROA of 1.22%, down 4 bps year over year; NIM at 3.04%.
  • Asset quality: problem loans at 0.42% of loans (+38 bps YoY), with net charge-offs at 0.85%.
  • Capital: tier 1 leverage ratio of 13.00%, up 3 bps from a year ago.
  • Funding: loans stand at 35.09% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.22%-4 bps YoY

Net Interest Margin (YTD, annualized)

3.04%-12 bps YoY

Efficiency Ratio (YTD, annualized)

48.66%-188 bps YoY

Tier 1 Leverage Ratio

13.00%+3 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.26%1.30%1.25%1.22%1.22%-4 bps
Return on Equity10.65%10.76%10.32%9.96%9.93%-72 bps
Net Interest Margin3.16%3.16%3.13%3.04%3.04%-12 bps
Efficiency Ratio50.54%49.17%50.57%46.64%48.66%-188 bps
Non-Interest Burden1.48%1.44%1.47%1.28%1.35%-13 bps
Growth
Asset Growth (YoY)6.37%8.84%9.69%7.49%5.28%-109 bps
Loan Growth (YoY)4.02%6.10%8.13%4.16%-2.94%-696 bps
Deposit Growth (YoY)5.49%8.98%8.93%7.13%4.96%-53 bps
Asset Quality
Nonperforming Loans / Loans0.04%0.02%0.35%0.30%0.42%+38 bps
Net Charge-Offs / Loans0.03%0.13%0.26%1.32%0.85%+82 bps
Allowance / Loans2.02%2.03%1.91%1.80%1.84%-18 bps
Allowance Coverage of NPLs50.9x128.5x5.5x6.0x4.3x-46.6x
Capital
Tier 1 Leverage Ratio12.97%13.06%13.06%12.93%13.00%+3 bps
Total Risk-Based Capital12.97%13.06%13.06%12.93%13.00%+3 bps
Equity / Assets12.13%12.54%12.49%11.99%12.43%+31 bps
Liquidity & Funding
Loans / Deposits37.95%37.30%37.47%34.24%35.09%-286 bps
Liquid Assets / Assets13.49%16.21%12.40%14.84%12.41%-108 bps
CRE / Total Capitaln/a25.33%24.70%25.57%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Farmers and Merchants Bank

Arnett, OK · Cert 13415 · Peer group: banks under $1B in assets in OK (n=88-89)

State charter, non-member · FDIC · 1 branch

Q2 2026

$80.3MAssets
$24.5MLoans
$69.9MDeposits
$10.0MEquity

Executive Summary

  • Strongest standing: efficiency ratio outperforms 88% of banks under $1B in assets in OK (rank 12 of 89).
  • Widest gap: net interest margin trails 91% of banks under $1B in assets in OK (rank 81 of 89).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

1.24%

Rank 49 of 89

Net Interest Margin

3.04%

Rank 81 of 89

Efficiency Ratio

48.66%

Rank 12 of 89

Equity / Assets

12.43%

Rank 32 of 89

Non-interest income vs. expense

$0.2M$1.3MINCOMEEXPENSE
Unfavorable gap of $1.1M · efficiency ratio beats 88% of banks under $1B in assets in OK
Bank 48.66%Peer median 61.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.24%0.85%1.26%1.60%Beats 45%49 / 89
Return on Equity9.94%7.40%11.89%14.65%Beats 43%51 / 89
Net Interest Margin3.04%3.46%3.93%4.45%Beats 9%81 / 89
Efficiency Ratio48.66%54.70%60.95%71.14%Beats 88%12 / 89
Asset Quality
Nonperforming Loans / Loans0.42%0.30%0.82%2.25%Beats 68%29 / 88
Net Charge-Offs / Loans0.46%0.00%0.03%0.20%Beats 14%77 / 88
Capital
Tier 1 Capital Ratio13.00%10.89%13.00%16.33%Beats 49%45 / 89
Total Risk-Based Capital Ratio13.00%11.20%13.06%16.33%Beats 47%47 / 89
Equity / Assets12.43%9.26%10.94%13.52%Beats 64%32 / 89
Liquidity & Funding
Loans / Deposits35.09%61.51%72.27%84.01%9th pctl80 / 88
Loans / Assets30.52%52.51%63.15%71.27%8th pctl82 / 89
Brokered Deposits / Depositsn/aNot reported for this institution