PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Farmers and Merchants Bank

Sylvania, GA · Cert 16440 · Screven Bancshares Inc.

State charter, non-member · FDIC · 3 branches

Q2 2026

$170.7MAssets
$59.5MLoans
$145.6MDeposits
$24.4MEquity
Loan mix
91%RE $56.1M5%C&I $2.9M4%Consumer $2.7MQ3 2024Q2 2026
Deposit mix
74%Interest-bearing $108.1M26%Noninterest $37.5MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 2.05%, unchanged from a year ago; NIM at 4.04%.
  • Asset quality: problem loans at 0.21% of loans (-13 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 16.16%, up 68 bps from a year ago.
  • Funding: loans stand at 40.84% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

2.05%0 bps YoY

Net Interest Margin (YTD, annualized)

4.04%-9 bps YoY

Efficiency Ratio (YTD, annualized)

40.01%-86 bps YoY

Tier 1 Leverage Ratio

16.16%+68 bps YoY

NIM

4.85%Q2 ’245.02%Q2 ’254.94%Q2 ’26+3%-2%

Non-interest income vs. expense

1.94%Q2 ’241.88%Q2 ’251.80%Q2 ’26-3%-5%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.95%1.94%1.92%2.05%2.10%2.03%1.96%2.05%0 bps
Return on Equity16.83%16.80%16.01%16.68%16.57%15.83%14.42%14.80%-188 bps
Net Interest Margin3.94%3.98%4.09%4.13%4.23%4.16%4.02%4.04%-9 bps
Efficiency Ratio43.12%42.56%43.04%40.87%40.10%39.67%41.32%40.01%-86 bps
Non-Interest Burden1.42%1.42%1.50%1.41%1.40%1.36%1.41%1.34%-6 bps
Growth
Asset Growth (YoY)2.64%2.66%1.65%3.56%-0.68%1.72%1.93%1.08%-248 bps
Loan Growth (YoY)12.53%12.07%18.76%16.95%24.33%18.72%8.91%1.44%-1,550 bps
Deposit Growth (YoY)-0.81%1.76%-0.15%2.41%-2.12%-0.75%0.46%-0.60%-301 bps
Asset Quality
Nonperforming Loans / Loans0.38%0.27%0.25%0.33%0.28%0.25%0.21%0.21%-13 bps
Net Charge-Offs / Loans-0.01%0.02%-0.06%-0.03%-0.02%-0.01%-0.01%0.00%+3 bps
Allowance / Loans1.79%1.71%1.67%1.68%1.58%1.65%1.78%1.94%+26 bps
Allowance Coverage of NPLs4.7x6.3x6.7x5.0x5.5x6.6x8.6x9.3x+4.3x
Capital
Tier 1 Leverage Ratio14.19%14.70%14.92%15.48%15.46%15.68%15.61%16.16%+68 bps
Total Risk-Based Capital14.19%14.70%14.92%15.48%15.46%15.68%15.61%16.16%+68 bps
Equity / Assets12.64%11.49%12.47%12.87%13.93%13.48%13.77%14.32%+146 bps
Liquidity & Funding
Loans / Deposits36.37%36.88%39.41%40.02%46.20%44.12%42.73%40.84%+82 bps
Liquid Assets / Assets20.68%21.47%19.52%18.62%11.01%16.04%16.94%16.67%-195 bps
CRE / Total Capitaln/an/an/an/a126.76%130.14%129.37%n/an/a