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BlastPoint's Banking Scorecard

Farmers & Merchants Bank & Trust

$100M-$1B Specialty: Other IA FDIC cert 13737

Designations: CDFI-certified

Burlington, IA

4 branches across IA

2664 banks in the $100M-$1B peer group nationally 166 in IA
View $100M-$1B leaderboard (IA) →

Farmers & Merchants Bank & Trust has 1 strength but faces 5 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Revenue Diversifier: Top 14.4% in tier

Key Concerns

Areas that may need attention

  • - Deposit Outflow: Bottom 29.0% in tier
  • - ROA 0.28% below tier average
  • - Net Interest Margin 0.38% below tier average
  • - Efficiency Ratio 6.54% above tier average
  • - Delinquency Rate 0.89% above tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (IA) National Avg Tier Percentile
Total Assets ? $210.7M
-2.1% YoY -1.0% QoQ
-$175.4M $386.1M
+0.5% YoY
$560.1M
+4.8% YoY
$6.2B
+9.1% YoY
29%
Total Loans ? $123.5M
+5.0% YoY -0.5% QoQ
-$132.3M $255.7M
+1.1% YoY
$379.9M
+5.0% YoY
$3.2B
+10.8% YoY
27%
Total Deposits ? $187.0M
-2.8% YoY +3.5% QoQ
-$140.9M $328.0M
+0.1% YoY
$469.6M
+4.4% YoY
$4.8B
+8.2% YoY
31%
Return on Assets ? 0.99%
+84.6% YoY +67.8% QoQ
-0.28% 1.27%
+12.9% YoY
1.31%
+22.6% YoY
1.23%
+13.4% YoY
37%
Net Interest Margin ? 3.55%
+15.3% YoY +7.3% QoQ
-0.38% 3.93%
+6.0% YoY
3.52%
+10.3% YoY
3.89%
+5.7% YoY
33%
Efficiency Ratio ? 71.83%
-15.3% YoY -12.5% QoQ
+6.54% 65.29%
-4.5% YoY
58.40%
-7.6% YoY
66.95%
-4.1% YoY
28%
Delinquency Rate ? 1.77%
+413.4% YoY +82.3% QoQ
+0.89% 0.89%
+18.8% YoY
0.92%
+14.5% YoY
0.95%
+18.8% YoY
Bottom 15.0% in tier
Loan-to-Deposit Ratio ? 66.01%
+8.0% YoY -3.9% QoQ
-10.63% 76.64%
+0.8% YoY
77.40%
+1.1% YoY
76.70%
+0.9% YoY
74%
Non-Interest-Bearing Deposit Share ? 12.69%
-8.3% YoY +0.4% QoQ
-9.33% 22.02%
-1.0% YoY
17.87%
+0.7% YoY
22.01%
-1.2% YoY
17%
Nonperforming Asset Ratio ? 1.04%
+450.6% YoY +83.1% QoQ
+0.40% 0.64%
+19.7% YoY
0.58%
+11.7% YoY
0.67%
+19.3% YoY
19%
Tier 1 Capital Ratio ? 17.40%
+3.0% YoY +3.9% QoQ
+1.57% 15.83%
+1.5% YoY
14.34%
+1.8% YoY
17.06%
+0.8% YoY
79%
Non-Interest Income / Assets ? 0.48%
+17.1% YoY -72.8% QoQ
+0.20% 0.28%
+9.3% YoY
0.12%
+10.7% YoY
0.32%
+4.1% YoY
Top 3.5% in tier

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 are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Revenue Diversifier

growth
#97 of 666 • Top 14.4% in tier

Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.

Why this signature
Noninterest Income / Assets: 0.48%
(Tier: 0.28%, National: 0.32%)
better than tier avg
Return on Assets: 0.99%
(Tier: 1.27%, National: 1.23%)
but worse than tier avg
666 of 666 Community banks match · 926 nationally
→ Stable +3 banks QoQ | QoQ rank improving

Concerns (1)

Deposit Outflow

decline
#148 of 506 • Bottom 29.0% in tier

Deposits down 0.5%+ YoY. Funding base eroding - rate competition or franchise weakness.

506 of 506 Community banks match · 656 nationally
→ Stable -8 banks QoQ | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2664 peers in $100M-$1B

Top Strengths (2 metrics)

93
Non-Interest Income / Assets
revenue_mix
Value: 0.48%
Peer Median: 0.28%
#93 of 2664 Top 3.5% in $100M-$1B
566
Tier 1 Capital Ratio
capital
Value: 17.40%
Peer Median: 15.83%
#566 of 2664 Top 21.2% in $100M-$1B

Top Weaknesses (3 metrics)

2258
Delinquency Rate
credit_quality
Value: 1.77%
Peer Median: 0.89%
#2258 of 2654 Bottom 15.0% in $100M-$1B
2223
Non-Interest-Bearing Deposit Share
funding
Value: 12.69%
Peer Median: 22.02%
#2223 of 2664 Bottom 16.6% in $100M-$1B
2165
Nonperforming Asset Ratio
credit_quality
Value: 1.04%
Peer Median: 0.64%
#2165 of 2664 Bottom 18.8% in $100M-$1B
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