First Farmers & Merchants National Bank
Fairmont, MN · Cert 33131 · Peer group: banks under $1B in assets in MN (n=111-113) · 215 Holding Co.
National charter · OCC · 5 affiliate banks · 2 branches (24 in holding)
Q2 2026
$140.4MAssets
$116.5MLoans
$115.4MDeposits
$13.9MEquity
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 79% of banks under $1B in assets in MN (rank 24 of 111).
- Widest gap: net charge-offs / loans trails 83% of banks under $1B in assets in MN (rank 93 of 111).
- Overall: at or above the peer median on 2 of 9 directional measures.
Return on Assets
1.03%
Rank 69 of 113
Net Interest Margin
4.07%
Rank 44 of 113
Efficiency Ratio
62.89%
Rank 64 of 113
Equity / Assets
9.92%
Rank 62 of 113
Non-interest income vs. expense
Unfavorable gap of $3.5M · efficiency ratio beats 44% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.03% | 0.87% | 1.20% | 1.41% | Beats 39% | 69 / 113 | | |
| Return on Equity | 10.43% | 8.92% | 11.27% | 13.99% | Beats 39% | 69 / 113 | | |
| Net Interest Margin | 4.07% | 3.42% | 3.88% | 4.31% | Beats 61% | 44 / 113 | | |
| Efficiency Ratio | 62.89% | 54.13% | 61.48% | 69.86% | Beats 44% | 64 / 113 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.06% | 0.09% | 0.58% | 1.82% | Beats 79% | 24 / 111 | | |
| Net Charge-Offs / Loans | 0.10% | n/a | 0.00% | 0.04% | Beats 17% | 93 / 111 | | |
| Capital |
| Tier 1 Capital Ratio | 11.91% | 11.53% | 13.31% | 18.13% | Beats 32% | 77 / 113 | | |
| Total Risk-Based Capital Ratio | 13.04% | 12.12% | 14.43% | 19.39% | Beats 38% | 70 / 113 | | |
| Equity / Assets | 9.92% | 8.52% | 10.10% | 11.94% | Beats 45% | 62 / 113 | | |
| Liquidity & Funding |
| Loans / Deposits | 101.02% | 62.08% | 77.32% | 88.06% | 90th pctl | 11 / 111 | | |
| Loans / Assets | 82.97% | 55.01% | 66.35% | 75.50% | 88th pctl | 13 / 113 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |