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Farmers and Merchants National Bank of Nashville, The

Nashville, IL · Cert 3821 · Farmers&Merchants Bancshares

National charter · OCC · 8 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets in IL3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets in IL (n=149 to 151). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

53

Q2 2024Q2 2026peer median (50)

Asset Quality

63

Q2 2024Q2 2026peer median (50)

Profitability

75

Q2 2024Q2 2026peer median (50)

Liquidity

71

Q2 2024Q2 2026peer median

Efficiency

57

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Farmers and Merchants National Bank of Nashville, The

Nashville, IL · Cert 3821 · Farmers&Merchants Bancshares

National charter · OCC · 8 branches

Q2 2026

$270.3MAssets
$185.2MLoans
$242.6MDeposits
$27.2MEquity
Loan mix
95%RE $160.0M4%C&I $7.5M1%Consumer $1.5MQ3 2024Q2 2026
Deposit mix
79%Interest-bearing $190.7M21%Noninterest $51.9MQ3 2024Q2 2026

Market Position · St. Louis, MO-IL · 2026 SOD (annual) · 0.0% share · #98 of 111 inst. · $0.0B of $141.7B

36.9% Washington
0.5% St. Clair

Executive Summary

  • Earnings: ROA of 1.28%, up 4 bps year over year; NIM at 3.86%.
  • Asset quality: problem loans at 0.61% of loans (+49 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 11.60%, up 40 bps from a year ago.
  • Funding: loans stand at 76.37% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.28%+4 bps YoY

Net Interest Margin (YTD, annualized)

3.86%+22 bps YoY

Efficiency Ratio (YTD, annualized)

62.50%+13 bps YoY

Tier 1 Leverage Ratio

11.60%+40 bps YoY

NIM

4.14%Q2 ’244.45%Q2 ’254.67%Q2 ’26+17%+6%

Non-interest income vs. expense

2.37%Q2 ’242.58%Q2 ’252.73%Q2 ’26+12%+7%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.95%1.03%1.21%1.24%1.24%1.23%1.23%1.28%+4 bps
Return on Equity12.09%13.05%14.20%14.41%14.19%13.89%12.74%13.04%-137 bps
Net Interest Margin3.18%3.33%3.64%3.64%3.66%3.67%3.80%3.86%+22 bps
Efficiency Ratio65.18%63.94%63.01%62.37%62.14%61.45%62.89%62.50%+13 bps
Non-Interest Burden1.90%1.95%2.10%2.08%2.09%2.07%2.20%2.22%+14 bps
Growth
Asset Growth (YoY)6.26%-5.53%1.82%1.08%4.31%6.96%4.12%1.08%0 bps
Loan Growth (YoY)5.75%1.55%1.64%4.64%6.52%7.77%2.64%6.18%+154 bps
Deposit Growth (YoY)1.78%4.74%10.53%7.37%5.51%5.45%3.04%-0.29%-766 bps
Asset Quality
Nonperforming Loans / Loans0.08%0.08%0.08%0.12%0.00%0.81%0.33%0.61%+49 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.05%0.01%0.01%+1 bps
Allowance / Loans1.02%0.97%0.99%1.00%1.00%0.96%1.03%1.02%+1 bps
Allowance Coverage of NPLs12.7x12.6x12.7x8.2xn/a1.2x3.1x1.7x-6.5x
Capital
Tier 1 Leverage Ratio10.76%11.12%11.47%11.19%11.25%11.33%11.61%11.60%+40 bps
Total Risk-Based Capital16.98%16.05%16.61%16.63%16.21%15.88%16.65%16.15%-47 bps
Equity / Assets8.58%8.30%8.80%8.78%8.91%9.60%9.78%10.06%+128 bps
Liquidity & Funding
Loans / Deposits67.56%74.25%71.47%71.72%68.21%75.88%71.20%76.37%+465 bps
Liquid Assets / Assets7.29%1.01%3.16%3.73%6.20%3.41%6.83%3.44%-28 bps
CRE / Total Capitaln/an/an/an/a206%209%193.87%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Farmers and Merchants National Bank of Nashville, The

Nashville, IL · Cert 3821 · Peer group: banks under $1B in assets in IL (n=149-151) · Farmers&Merchants Bancshares

National charter · OCC · 8 branches

Q2 2026

$270.3MAssets
$185.2MLoans
$242.6MDeposits
$27.2MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 77% of banks under $1B in assets in IL (rank 34 of 151).
  • Widest gap: equity / assets trails 60% of banks under $1B in assets in IL (rank 91 of 151).
  • Overall: at or above the peer median on 8 of 9 directional measures.

Return on Assets

1.31%

Rank 41 of 151

Net Interest Margin

3.86%

Rank 34 of 151

Efficiency Ratio

62.50%

Rank 66 of 151

Equity / Assets

10.06%

Rank 91 of 151

Non-interest income vs. expense

$1.4M$7.7MINCOMEEXPENSE
Unfavorable gap of $6.2M · efficiency ratio beats 57% of banks under $1B in assets in IL
Bank 62.50%Peer median 64.9%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.31%0.70%1.03%1.34%Beats 73%41 / 151
Return on Equity12.99%6.74%9.34%12.94%Beats 75%37 / 151
Net Interest Margin3.86%3.02%3.43%3.83%Beats 77%34 / 151
Efficiency Ratio62.50%54.64%64.89%72.50%Beats 57%66 / 151
Asset Quality
Nonperforming Loans / Loans0.61%0.20%0.66%1.77%Beats 52%73 / 149
Net Charge-Offs / Loans0.00%0.00%0.02%0.07%Beats 74%40 / 149
Capital
Tier 1 Capital Ratio15.26%11.83%14.17%18.66%Beats 59%62 / 151
Total Risk-Based Capital Ratio16.15%12.22%14.54%19.92%Beats 60%60 / 151
Equity / Assets10.06%9.10%10.65%12.40%Beats 40%91 / 151
Liquidity & Funding
Loans / Deposits76.37%54.39%71.02%80.75%64th pctl53 / 149
Loans / Assets68.54%45.91%61.31%68.01%76th pctl36 / 151
Brokered Deposits / Depositsn/aNot reported for this institution