Boswell, IN · Cert 1843 · Farmers&Merchants Bcorp the
State charter, non-member · FDIC · 4 branches
Q2 2026
Market Position · Lafayette-West Lafayette, IN · 2026 SOD (annual) · 4.1% share · #7 of 20 inst. · $0.2B of $4.7B
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 | 0.46% | 0.43% | 0.38% | 0.67% | 0.73% | 0.69% | 0.75% | 0.80% | +14 bps | |
| Return on Equity | 6.54% | 6.14% | 5.26% | 9.01% | 9.57% | 9.00% | 9.13% | 9.70% | +69 bps | |
| Net Interest Margin | 2.64% | 2.57% | 2.61% | 2.88% | 3.00% | 3.01% | 3.23% | 3.33% | +45 bps | |
| Efficiency Ratio | 82.33% | 83.62% | 85.77% | 75.30% | 73.79% | 75.35% | 74.63% | 72.95% | -235 bps | |
| Non-Interest Burden | 2.11% | 2.10% | 2.20% | 2.04% | 2.09% | 2.16% | 2.33% | 2.34% | +30 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.06% | 2.45% | 7.22% | 0.71% | -0.43% | 1.49% | 2.49% | 3.41% | +270 bps | |
| Loan Growth (YoY) | 22.19% | 13.40% | 10.28% | 12.56% | 9.94% | 10.12% | 8.58% | 4.49% | -807 bps | |
| Deposit Growth (YoY) | -2.07% | -0.80% | 8.41% | -0.15% | 0.48% | 0.70% | 1.51% | 3.19% | +334 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.01% | 0.00% | 0 bps | |
| Allowance / Loans | 1.17% | 1.16% | 1.16% | 1.16% | 1.14% | 1.13% | 1.14% | 1.15% | -1 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | 105.3x | 113.1x | 114.9x | 124.1x | 90.8x | -14.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.67% | 8.40% | 8.31% | 8.68% | 8.92% | 8.92% | 8.87% | 9.12% | +44 bps | |
| Total Risk-Based Capital | 13.70% | 13.26% | 13.32% | 13.55% | 13.70% | 13.72% | 13.91% | 14.04% | +50 bps | |
| Equity / Assets | 7.44% | 7.11% | 7.31% | 7.74% | 8.21% | 8.18% | 8.19% | 8.43% | +69 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 70.71% | 70.72% | 67.46% | 72.36% | 77.37% | 77.34% | 72.16% | 73.28% | +91 bps | |
| Liquid Assets / Assets | 8.70% | 7.51% | 7.72% | 7.39% | 6.89% | 6.41% | 5.62% | 5.95% | -144 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 102.66% | 104.77% | 102.41% | n/a | n/a | |