Farmers and Merchants Bank
Granite Quarry, NC · Cert 2036 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · F&M Financial Corp.
State charter, non-member · FDIC · 12 branches
Q2 2026
$998.8MAssets
$541.0MLoans
$842.6MDeposits
$149.4MEquity
Executive Summary
- Strongest standing: return on assets outperforms 98% of banks under $1B in assets operating in a single state (rank 18 of 746).
- Widest gap: nonperforming loans / loans trails 67% of banks under $1B in assets operating in a single state (rank 498 of 743).
- Overall: at or above the peer median on 8 of 9 directional measures.
Return on Assets
2.51%
Rank 18 of 746
Net Interest Margin
4.80%
Rank 47 of 746
Efficiency Ratio
47.88%
Rank 78 of 746
Equity / Assets
14.96%
Rank 100 of 746
Non-interest income vs. expense
Unfavorable gap of $17.2M · efficiency ratio beats 90% of banks under $1B in assets operating in a single state | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 2.51% | 0.72% | 1.06% | 1.45% | Beats 98% | 18 / 746 | | |
| Return on Equity | 16.76% | 6.74% | 10.51% | 13.63% | Beats 91% | 67 / 746 | | |
| Net Interest Margin | 4.80% | 3.17% | 3.68% | 4.16% | Beats 94% | 47 / 746 | | |
| Efficiency Ratio | 47.88% | 55.74% | 64.58% | 75.47% | Beats 90% | 78 / 746 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.79% | 0.09% | 0.42% | 1.07% | Beats 33% | 498 / 743 | | |
| Net Charge-Offs / Loans | 0.01% | 0.00% | 0.01% | 0.05% | Beats 50% | 372 / 743 | | |
| Capital |
| Tier 1 Capital Ratio | 25.46% | 11.55% | 13.75% | 17.60% | Beats 92% | 61 / 746 | | |
| Total Risk-Based Capital Ratio | 26.72% | 11.71% | 14.33% | 18.43% | Beats 92% | 59 / 746 | | |
| Equity / Assets | 14.96% | 8.90% | 10.51% | 13.06% | Beats 87% | 100 / 746 | | |
| Liquidity & Funding |
| Loans / Deposits | 64.21% | 61.31% | 78.27% | 90.78% | 28th pctl | 538 / 746 | | |
| Loans / Assets | 54.17% | 53.60% | 66.97% | 76.08% | 26th pctl | 554 / 746 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |