Farmers & Merchants Savings Bank
Manchester, IA · Cert 9298 · Peer group: banks under $1B in assets in IA (n=134-135) · Dunn Investment Co.
State charter, Fed member · FED · 7 branches
Q2 2026
$616.8MAssets
$461.2MLoans
$516.0MDeposits
$75.0MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in IA (rank 45 of 134).
- Widest gap: nonperforming loans / loans trails 83% of banks under $1B in assets in IA (rank 112 of 134).
- Overall: at or above the peer median on 6 of 9 directional measures.
Return on Assets
0.93%
Rank 101 of 135
Net Interest Margin
4.24%
Rank 9 of 135
Efficiency Ratio
53.62%
Rank 51 of 135
Equity / Assets
12.17%
Rank 47 of 135
Non-interest income vs. expense
Unfavorable gap of $13.3M · efficiency ratio beats 63% of banks under $1B in assets in IA | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.93% | 0.92% | 1.19% | 1.47% | Beats 25% | 101 / 135 | | |
| Return on Equity | 7.61% | 7.99% | 10.26% | 13.14% | Beats 21% | 106 / 135 | | |
| Net Interest Margin | 4.24% | 2.95% | 3.41% | 3.73% | Beats 93% | 9 / 135 | | |
| Efficiency Ratio | 53.62% | 50.61% | 57.35% | 63.29% | Beats 63% | 51 / 135 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.70% | 0.03% | 0.51% | 1.26% | Beats 17% | 112 / 134 | | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.01% | 0.03% | Beats 100% | 45 / 134 | | |
| Capital |
| Tier 1 Capital Ratio | 13.66% | 11.23% | 13.31% | 15.45% | Beats 56% | 59 / 135 | | |
| Total Risk-Based Capital Ratio | 14.92% | 11.61% | 14.06% | 16.47% | Beats 63% | 50 / 135 | | |
| Equity / Assets | 12.17% | 9.87% | 11.05% | 13.07% | Beats 65% | 47 / 135 | | |
| Liquidity & Funding |
| Loans / Deposits | 89.37% | 68.54% | 81.55% | 91.24% | 67th pctl | 44 / 134 | | |
| Loans / Assets | 74.77% | 57.61% | 68.06% | 76.23% | 70th pctl | 41 / 135 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |