BlastPoint's Banking Scorecard
Farmers and Merchants State Bank of Springfield
Springfield, MN
2 branches across MN
NEW · Q2 2026 RECAP
Your Quarter, Wrapped
A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.
Q2 2026 at a glance
- 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 151 in MN.
- Deposits +6.3% year over year ($120.7M on the books).
- Delinquency rate 4.56%.
- Return on assets 1.34%.
- Efficiency ratio 61.64% vs a 64.48% peer average.
- Loan-to-deposit ratio 72.43% vs a 77.95% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Farmers and Merchants State Bank of Springfield has 2 strengths but faces 4 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Net Interest Margin 0.13% above tier average
- + Efficiency Ratio 2.84% below tier average
Key Concerns
Areas that may need attention
- - Cost Spiral: Bottom 22.5% in tier
- - Margin Compression: Bottom 35.5% in tier
- - Delinquency Rate 3.64% above tier average
- - Nonperforming Asset Ratio 2.18% above tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$139.8M
+5.2% YoY
-1.2% QoQ
|
-$246.8M |
$386.6M
+1.2% YoY
|
$524.5M
+5.8% YoY
|
$6.3B
+7.7% YoY
|
Bottom 11.2% in tier |
| Total Loans ? |
$87.4M
-5.4% YoY
-2.9% QoQ
|
-$171.0M |
$258.3M
+1.7% YoY
|
$300.2M
+7.3% YoY
|
$3.2B
+9.4% YoY
|
Bottom 13.6% in tier |
| Total Deposits ? |
$120.7M
+6.3% YoY
-1.5% QoQ
|
-$206.1M |
$326.7M
+0.7% YoY
|
$452.1M
+5.5% YoY
|
$4.9B
+7.3% YoY
|
Bottom 12.2% in tier |
| Return on Assets ? |
1.34%
-19.7% YoY
+13.7% QoQ
|
+0.01% |
1.32%
+10.8% YoY
|
1.26%
+17.2% YoY
|
1.30%
+12.1% YoY
|
55% |
| Net Interest Margin ? |
4.12%
-8.9% YoY
+2.6% QoQ
|
+0.13% |
3.99%
+5.0% YoY
|
4.00%
+6.8% YoY
|
3.95%
+4.9% YoY
|
60% |
| Efficiency Ratio ? |
61.64%
+9.1% YoY
+1.2% QoQ
|
-2.84% |
64.48%
-3.2% YoY
|
63.00%
-3.5% YoY
|
70.05%
+2.5% YoY
|
52% |
| Delinquency Rate ? |
4.56%
+3.4% QoQ
|
+3.64% |
0.92%
+15.7% YoY
|
1.01%
+19.3% YoY
|
0.98%
+16.3% YoY
|
Bottom 3.0% in tier |
| Loan-to-Deposit Ratio ? |
72.43%
-11.0% YoY
-1.4% QoQ
|
-5.52% |
77.95%
+1.0% YoY
|
78.29%
-0.6% YoY
|
79.03%
+2.3% YoY
|
65% |
| Non-Interest-Bearing Deposit Share ? |
17.70%
+7.9% YoY
-0.0% QoQ
|
-4.33% |
22.03%
-0.6% YoY
|
21.79%
+0.9% YoY
|
21.98%
-0.6% YoY
|
35% |
| Nonperforming Asset Ratio ? |
2.85%
+1.6% QoQ
|
+2.18% |
0.67%
+16.4% YoY
|
0.76%
+16.9% YoY
|
0.69%
+15.8% YoY
|
Bottom 3.7% in tier |
| Tier 1 Capital Ratio ? |
15.23%
+8.4% YoY
+4.6% QoQ
|
-0.68% |
15.91%
+1.4% YoY
|
15.35%
-0.4% YoY
|
17.09%
+0.8% YoY
|
67% |
| Non-Interest Income / Assets ? |
0.08%
+6.2% YoY
+135.4% QoQ
|
-0.48% |
0.57%
+7.6% YoY
|
0.31%
+3.9% YoY
|
0.66%
+5.2% YoY
|
Bottom 13.5% in tier |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Deposit Composition
% of total deposits
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
17.7%
+1.3pp YoY 0.0pp QoQ |
-4.5pp | 22.1% | 21.9% | 22.2% | 34% |
| Brokered Deposits | n/a | n/a | 7.9% | 8.3% | 8.5% | n/a |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
6.4%
-1.5pp YoY 0.0pp QoQ |
-5.2pp | 11.6% | 14.6% | 12.5% | 28% |
| CRE | n/a | n/a | 39.5% | 36.5% | 41.4% | n/a |
| 1-4 Family |
12.8%
+0.2pp YoY +0.4pp QoQ |
-19.8pp | 32.6% | 29.4% | 31.3% | 15% |
| Consumer |
1.6%
0.0pp YoY 0.0pp QoQ |
-2.6pp | 4.1% | 4.5% | 5.0% | 40% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
15.2%
+1.2pp YoY +0.7pp QoQ |
-3.6pp | 18.8% | 16.5% | 19.7% | 51% |
| Leverage Ratio |
8.7%
-0.2pp YoY +0.2pp QoQ |
-3.5pp | 12.2% | 11.0% | 12.6% | 8% |
| Total Capital Ratio |
16.5%
+1.2pp YoY +0.7pp QoQ |
-3.4pp | 19.9% | 17.6% | 20.8% | 52% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
19
-1 (-5.0%) YoY -1 (-5.0%) QoQ |
-40 | 58 | 55 | 482 | 9% |
| Assets per Employee ($) |
$7.4M
+10.7% YoY +4.0% QoQ |
-$162K | $7.5M | $8.6M | $8.8M | 58% |
| Branch Count |
2
0 YoY 0 QoQ |
-3 | 4 | 4 | 18 | 11% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days | n/a | n/a | 0.3% | 0.4% | 0.4% | n/a |
| Nonaccrual |
4.6%
+0.2pp QoQ |
+3.6pp | 0.9% | 1.0% | 1.0% | 97% |
| Allowance Coverage |
0.39x
-0.4% QoQ |
-23.76x | 24.15x | 20.41x | 20.23x | 6% |
| Net Charge-off Rate (YTD) |
-0.0%
0.0pp QoQ |
-0.2pp | 0.1% | 0.2% | 0.2% | 13% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
15.5%
-3.9pp YoY +1.9pp QoQ |
+3.3pp | 12.2% | 13.1% | 11.6% | 70% |
| Cost of Funds (YTD) |
1.3%
0.0pp YoY 0.0pp QoQ |
-0.4pp | 1.7% | 1.7% | 1.7% | 23% |
| Net Income ($, YTD) |
$942,000
-16.6% YoY — QoQ |
-$1.6M | $2.6M | $4.5M | $40.4M | 25% |
Get Full Access to Farmers and Merchants State Bank of Springfield
Unlock complete metrics, peer benchmarks, and signature insights for this and every other FDIC-insured bank - always free
Check your email at - link expires in 72 hours
Want to see an example first? Preview JPMorgan Chase's scorecard →
Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (2)
Cost Spiral
riskHistorically lean operator (efficiency < 75%) now seeing 5+ point efficiency ratio increase YoY despite strong profitability. Efficiency advantage eroding.
Margin Compression
declineProfitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.