PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Farmers State Bank

Dublin, GA · Cert 19720 · Farmers Bancshares Inc.

State charter, non-member · FDIC · 1 affiliate bank · 3 branches (4 in holding)

Q2 2026

$156.2MAssets
$124.3MLoans
$134.3MDeposits
$20.3MEquity
Loan mix
85%RE $104.3M7%C&I $9.1M8%Consumer $10.0MQ2 2025Q2 2026
Deposit mix
74%Interest-bearing $99.7M26%Noninterest $34.6MQ2 2025Q2 2026

NIM

5.83%Q2 ’246.13%Q2 ’256.28%Q2 ’26+12%+4%

Non-interest income vs. expense

3.12%Q2 ’243.34%Q2 ’253.37%Q2 ’26+9%+2%

Executive Summary

  • Earnings: ROA of 1.72%, up 11 bps year over year; NIM at 5.33%.
  • Asset quality: problem loans at 0.28% of loans (+5 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 13.92%, up 60 bps from a year ago.
  • Funding: loans stand at 92.57% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.72%+11 bps YoY

Net Interest Margin (quarter, annualized)

5.33%+22 bps YoY

Efficiency Ratio (quarter, annualized)

59.81%-156 bps YoY

Tier 1 Leverage Ratio

13.92%+60 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.60%1.73%1.79%1.64%1.72%+11 bps
Return on Equity13.46%14.37%14.20%12.94%13.46%+1 bps
Net Interest Margin5.11%5.16%5.29%5.22%5.33%+22 bps
Efficiency Ratio61.37%58.95%58.63%60.72%59.81%-156 bps
Non-Interest Burden3.01%2.90%2.93%3.05%3.07%+6 bps
Growth
Asset Growth (YoY)4.73%5.42%1.65%5.11%1.54%-319 bps
Loan Growth (YoY)-0.67%-0.67%-1.25%4.57%4.01%+468 bps
Deposit Growth (YoY)4.03%5.21%-0.10%4.41%0.24%-379 bps
Asset Quality
Nonperforming Loans / Loans0.23%0.16%0.29%0.06%0.28%+5 bps
Net Charge-Offs / Loans0.01%0.00%0.02%0.01%0.02%0 bps
Allowance / Loans2.45%2.46%2.48%2.43%2.43%-1 bps
Allowance Coverage of NPLs10.9x15.3x8.6x41.1x8.8x-2.1x
Capital
Tier 1 Leverage Ratio13.32%13.33%13.85%13.87%13.92%+60 bps
Total Risk-Based Capital18.36%19.00%18.86%19.26%19.36%+100 bps
Equity / Assets11.88%12.26%12.91%12.51%12.98%+110 bps
Liquidity & Funding
Loans / Deposits89.22%88.85%91.44%89.58%92.57%+336 bps
Liquid Assets / Assets8.69%9.84%8.23%9.94%7.52%-117 bps
CRE / Total Capitaln/a276%270%284%n/an/a