Cookeville, TN · Cert 58079 · First Mercantile Finl Corp.
State charter, non-member · FDIC · 3 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
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.
Banks under $1B in assets operating in a single state (n=743 to 746). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
29
Asset Quality
55
Profitability
78
Liquidity
32
Efficiency
88
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.
Cookeville, TN · Cert 58079 · First Mercantile Finl Corp.
State charter, non-member · FDIC · 3 branches
Q2 2026
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.02% | 1.03% | 1.07% | 1.19% | 1.26% | 1.32% | 1.53% | 1.62% | +43 bps | |
| Return on Equity | 11.85% | 12.02% | 12.26% | 13.24% | 13.67% | 14.27% | 16.25% | 17.16% | +392 bps | |
| Net Interest Margin | 3.30% | 3.34% | 3.43% | 3.66% | 3.65% | 3.50% | 3.87% | 3.92% | +26 bps | |
| Efficiency Ratio | 58.89% | 58.94% | 59.29% | 57.03% | 55.84% | 54.57% | 49.68% | 48.42% | -860 bps | |
| Non-Interest Burden | 1.79% | 1.81% | 1.88% | 1.91% | 1.86% | 1.75% | 1.76% | 1.72% | -19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.74% | 7.41% | 3.17% | 0.66% | 4.12% | 6.71% | 13.72% | 16.41% | +1,576 bps | |
| Loan Growth (YoY) | 5.98% | 4.45% | 1.51% | 2.93% | 5.61% | 17.42% | 17.95% | 19.60% | +1,667 bps | |
| Deposit Growth (YoY) | 7.24% | 7.83% | 1.98% | -0.48% | 3.87% | 5.18% | 13.57% | 16.33% | +1,680 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.18% | 0.37% | 0.04% | 0.17% | 0.06% | 0.14% | 0.22% | 0.13% | -4 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.19% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% | 0.05% | +4 bps | |
| Allowance / Loans | 1.65% | 1.54% | 1.60% | 1.62% | 1.64% | 1.54% | 1.59% | 1.44% | -18 bps | |
| Allowance Coverage of NPLs | 9.2x | 4.1x | 44.2x | 9.3x | 26.1x | 10.9x | 7.1x | 10.8x | +1.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.27% | 12.34% | 12.07% | 12.72% | 12.57% | 11.88% | 11.68% | 11.72% | -100 bps | |
| Total Risk-Based Capital | 12.27% | 12.34% | 12.07% | 12.72% | 12.57% | 11.88% | 11.68% | 11.72% | -100 bps | |
| Equity / Assets | 9.32% | 8.33% | 9.10% | 9.58% | 9.73% | 9.52% | 9.35% | 9.53% | -6 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.48% | 83.36% | 86.94% | 90.55% | 88.94% | 93.06% | 90.29% | 93.10% | +255 bps | |
| Liquid Assets / Assets | 2.00% | 5.65% | 2.33% | 0.34% | 2.54% | 0.00% | 2.87% | 1.08% | +73 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 344% | 375% | 372% | n/a | n/a | |
Cookeville, TN · Cert 58079 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · First Mercantile Finl Corp.
State charter, non-member · FDIC · 3 branches
Q2 2026
Return on Assets
1.59%
Rank 144 of 746
Net Interest Margin
3.92%
Rank 283 of 746
Efficiency Ratio
48.42%
Rank 87 of 746
Equity / Assets
9.53%
Rank 492 of 746
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.59% | 0.72% | 1.06% | 1.45% | Beats 81% | 144 / 746 | ||
| Return on Equity | 16.73% | 6.74% | 10.51% | 13.63% | Beats 91% | 69 / 746 | ||
| Net Interest Margin | 3.92% | 3.17% | 3.68% | 4.16% | Beats 62% | 283 / 746 | ||
| Efficiency Ratio | 48.42% | 55.74% | 64.58% | 75.47% | Beats 88% | 87 / 746 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.13% | 0.09% | 0.42% | 1.07% | Beats 72% | 210 / 743 | ||
| Net Charge-Offs / Loans | 0.02% | 0.00% | 0.01% | 0.05% | Beats 37% | 468 / 743 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 11.72% | 11.55% | 13.75% | 17.60% | Beats 27% | 542 / 746 | ||
| Total Risk-Based Capital Ratio | 11.72% | 11.71% | 14.33% | 18.43% | Beats 25% | 556 / 746 | ||
| Equity / Assets | 9.53% | 8.90% | 10.51% | 13.06% | Beats 34% | 492 / 746 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 93.10% | 61.31% | 78.27% | 90.78% | 80th pctl | 151 / 746 | ||
| Loans / Assets | 83.17% | 53.60% | 66.97% | 76.08% | 92nd pctl | 61 / 746 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||