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Farmers and Mechanics Federal Savings Bank

Bloomfield, IN · Cert 28478

SI · FDIC · 3 branches

Q2 2026

$113.6MAssets
$64.8MLoans
$105.8MDeposits
$5.4MEquity
Loan mix
90%RE $59.5M8%C&I $5.5M1%Consumer $0.7MQ2 2025Q2 2026
Deposit mix
91%Interest-bearing $96.2M9%Noninterest $9.6MQ2 2025Q2 2026

NIM

4.15%Q2 ’244.30%Q2 ’254.40%Q2 ’26+29%+6%

Non-interest income vs. expense

2.74%Q2 ’242.97%Q2 ’253.37%Q2 ’26+9%+12%

Market Position · Bloomington, IN · 2026 SOD (annual) · 0.5% share · #13 of 14 inst. · $0.0B of $3.8B

19.0% Greene
0.5% Monroe

Executive Summary

  • Earnings: ROA of -0.31%, down 15 bps year over year; NIM at 2.72%.
  • Asset quality: problem loans at 0.00% of loans (-148 bps YoY), with net charge-offs at 0.46%.
  • Capital: tier 1 leverage ratio of 6.79%, up 12 bps from a year ago.
  • Funding: loans stand at 61.29% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

-0.31%-15 bps YoY

Net Interest Margin (quarter, annualized)

2.72%+16 bps YoY

Efficiency Ratio (quarter, annualized)

110.19%+544 bps YoY

Tier 1 Leverage Ratio

6.79%+12 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.16%-0.20%-0.26%-0.19%-0.31%-15 bps
Return on Equity-4.03%-4.61%-5.67%-4.08%-6.78%-275 bps
Net Interest Margin2.57%2.84%2.63%2.68%2.72%+16 bps
Efficiency Ratio104.75%94.59%103.71%105.98%110.19%+544 bps
Non-Interest Burden2.70%2.67%2.74%2.87%3.04%+34 bps
Growth
Asset Growth (YoY)-6.62%-6.06%-3.11%-2.73%-3.12%+350 bps
Loan Growth (YoY)6.43%11.07%4.34%0.70%-4.09%-1,052 bps
Deposit Growth (YoY)-1.52%-3.82%0.92%-0.74%-0.16%+136 bps
Asset Quality
Nonperforming Loans / Loans1.48%1.40%1.33%1.39%0.00%-148 bps
Net Charge-Offs / Loans0.00%0.44%0.06%0.00%0.46%+46 bps
Allowance / Loans0.39%0.42%0.48%0.52%0.41%+2 bps
Allowance Coverage of NPLs0.3x0.3x0.4x0.4xn/an/a
Capital
Tier 1 Leverage Ratio6.66%6.66%6.66%6.78%6.79%+12 bps
Total Risk-Based Capital11.41%11.31%11.03%11.64%12.17%+76 bps
Equity / Assets4.20%4.51%4.75%4.51%4.74%+54 bps
Liquidity & Funding
Loans / Deposits63.80%67.01%62.40%60.73%61.29%-251 bps
Liquid Assets / Assets6.86%4.41%6.08%8.54%7.60%+74 bps
CRE / Total Capitaln/a168.40%194.69%195.07%n/an/a