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Farmers-Merchants Bank & Trust Company

Breaux Bridge, LA · Cert 9327

State charter, non-member · 6 branches

Q1 2026

$448.2MAssets
$246.4MLoans
$330.0MDeposits
$53.4MEquity
Loan mix
91%RE $214.8M4%C&I $10.0M5%Consumer $11.1MQ1 2025Q1 2026
Deposit mix
69%Interest-bearing $227.4M31%Noninterest $102.7MQ1 2025Q1 2026

NIM

4.85%Q1 ’245.03%Q1 ’255.11%Q1 ’26-3%+6%

Non-interest income vs. expense

2.65%Q1 ’242.53%Q1 ’253.12%Q1 ’26-9%+30%

Market Position · Lafayette, LA · 2025 SOD (annual) · 2.8% share · #9 of 40 inst. · $0.3B of $11.8B

34.3% St. Martin
0.5% Lafayette

Executive Summary

  • Earnings: ROA of 1.20%, down 30 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 1.12% of loans (+17 bps YoY), with net charge-offs at 0.10%.
  • Capital: tier 1 leverage ratio of 12.41%, down 87 bps from a year ago.
  • Funding: loans stand at 74.66% of deposits as of Q1 2026.

Financial Results

Return on Assets (quarter, annualized)

1.20%-30 bps YoY

Net Interest Margin (quarter, annualized)

4.02%+24 bps YoY

Efficiency Ratio (quarter, annualized)

67.42%+957 bps YoY

Tier 1 Leverage Ratio

12.41%-87 bps YoY

Discrete quarter, annualized.

MetricQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026YoY ΔTrend
Earnings
Return on Assets1.50%1.49%1.47%1.55%1.20%-30 bps
Return on Equity12.69%12.11%11.44%11.82%9.64%-304 bps
Net Interest Margin3.78%3.94%4.03%4.14%4.02%+24 bps
Efficiency Ratio57.85%60.15%60.52%58.76%67.42%+957 bps
Non-Interest Burden1.93%2.13%2.17%2.17%2.51%+58 bps
Growth
Asset Growth (YoY)1.92%0.52%0.96%4.59%-1.39%-331 bps
Loan Growth (YoY)2.98%-1.83%-1.51%-1.64%-3.97%-695 bps
Deposit Growth (YoY)0.62%-1.56%-0.38%3.55%-1.15%-177 bps
Asset Quality
Nonperforming Loans / Loans0.95%0.93%1.03%0.64%1.12%+17 bps
Net Charge-Offs / Loans-0.01%0.08%0.04%0.31%0.10%+11 bps
Allowance / Loans1.42%1.44%1.44%1.38%1.37%-6 bps
Allowance Coverage of NPLs1.5x1.6x1.4x2.2x1.2x-0.3x
Capital
Tier 1 Leverage Ratio13.28%13.23%13.99%13.99%12.41%-87 bps
Total Risk-Based Capital13.28%13.23%13.99%13.99%12.41%-87 bps
Equity / Assets12.02%12.51%13.17%12.96%11.91%-11 bps
Liquidity & Funding
Loans / Deposits76.86%76.59%77.43%72.63%74.66%-219 bps
Liquid Assets / Assets7.35%8.38%7.57%12.60%0.03%-732 bps
CRE / Total Capitaln/an/a253%252%282%n/a