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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 $0.7MQ3 2024Q2 2026
Deposit mix
91%Interest-bearing $96.2M9%Noninterest $9.6MQ3 2024Q2 2026

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 -0.25%, up 4 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 0.23%.
  • 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.

Return on Assets (YTD, annualized)

-0.25%+4 bps YoY

Net Interest Margin (YTD, annualized)

2.72%+26 bps YoY

Efficiency Ratio (YTD, annualized)

108.04%-175 bps YoY

Tier 1 Leverage Ratio

6.79%+12 bps YoY

NIM

4.03%Q2 ’244.28%Q2 ’254.44%Q2 ’26+35%+10%

Non-interest income vs. expense

2.76%Q2 ’242.98%Q2 ’253.37%Q2 ’26+9%+9%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.82%-2.77%-0.41%-0.29%-0.26%-0.26%-0.19%-0.25%+4 bps
Return on Equity-14.30%-51.98%-11.16%-7.47%-6.44%-6.24%-4.08%-5.38%+209 bps
Net Interest Margin1.86%1.78%2.29%2.46%2.60%2.63%2.68%2.72%+26 bps
Efficiency Ratio127.91%218%115.28%109.79%104.27%104.13%105.98%108.04%-175 bps
Non-Interest Burden2.44%4.20%2.67%2.73%2.72%2.75%2.87%2.97%+24 bps
Growth
Asset Growth (YoY)-0.39%-4.95%-4.52%-6.62%-6.06%-3.11%-2.73%-3.12%+350 bps
Loan Growth (YoY)-0.63%5.13%6.26%6.43%11.07%4.34%0.70%-4.09%-1,052 bps
Deposit Growth (YoY)9.97%5.99%2.09%-1.52%-3.82%0.92%-0.74%-0.16%+136 bps
Asset Quality
Nonperforming Loans / Loans1.62%1.52%1.53%1.48%1.40%1.33%1.39%0.00%-148 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.15%0.13%0.00%0.23%+23 bps
Allowance / Loans0.41%0.40%0.41%0.39%0.42%0.48%0.52%0.41%+2 bps
Allowance Coverage of NPLs0.3x0.3x0.3x0.3x0.3x0.4x0.4xn/an/a
Capital
Tier 1 Leverage Ratio7.97%6.35%6.49%6.66%6.66%6.66%6.78%6.79%+12 bps
Total Risk-Based Capital15.41%11.67%13.58%11.41%11.31%11.03%11.64%12.17%+76 bps
Equity / Assets6.15%3.55%3.87%4.20%4.51%4.75%4.51%4.74%+54 bps
Liquidity & Funding
Loans / Deposits58.03%60.36%59.87%63.80%67.01%62.40%60.73%61.29%-251 bps
Liquid Assets / Assets8.03%7.36%7.52%6.86%4.41%6.08%8.54%7.60%+74 bps
CRE / Total Capitaln/an/an/an/a168.40%194.69%195.07%n/an/a