First Farmers & Merchants National Bank
Luverne, MN · Cert 5186 · 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
$242.6MAssets
$185.0MLoans
$213.5MDeposits
$26.4MEquity
Executive Summary
- Strongest standing: efficiency ratio outperforms 81% of banks under $1B in assets in MN (rank 23 of 113).
- Widest gap: nonperforming loans / loans trails 58% of banks under $1B in assets in MN (rank 65 of 111).
- Overall: at or above the peer median on 7 of 9 directional measures.
Return on Assets
1.28%
Rank 46 of 113
Net Interest Margin
3.87%
Rank 59 of 113
Efficiency Ratio
53.03%
Rank 23 of 113
Equity / Assets
10.87%
Rank 46 of 113
Non-interest income vs. expense
Unfavorable gap of $4.9M · efficiency ratio beats 81% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.28% | 0.87% | 1.20% | 1.41% | Beats 59% | 46 / 113 | |
| Return on Equity | 11.77% | 8.92% | 11.27% | 13.99% | Beats 55% | 51 / 113 | |
| Net Interest Margin | 3.87% | 3.42% | 3.88% | 4.31% | Beats 48% | 59 / 113 | |
| Efficiency Ratio | 53.03% | 54.13% | 61.48% | 69.86% | Beats 81% | 23 / 113 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.85% | 0.09% | 0.58% | 1.82% | Beats 42% | 65 / 111 | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.04% | Beats 66% | 39 / 111 | |
| Capital |
| Tier 1 Capital Ratio | 14.32% | 11.53% | 13.31% | 18.13% | Beats 57% | 49 / 113 | |
| Total Risk-Based Capital Ratio | 15.31% | 12.12% | 14.43% | 19.39% | Beats 58% | 47 / 113 | |
| Equity / Assets | 10.87% | 8.52% | 10.10% | 11.94% | Beats 59% | 46 / 113 | |
| Liquidity & Funding |
| Loans / Deposits | 86.63% | 62.08% | 77.32% | 88.06% | 72nd pctl | 31 / 111 | |
| Loans / Assets | 76.24% | 55.01% | 66.35% | 75.50% | 77th pctl | 26 / 113 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |