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

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 167 in IA.
Deposits -1.0% year over year ($187.0M on the books).
Delinquency rate 1.69%.
Return on assets 0.91%.
Efficiency ratio 75.30% vs a 64.48% peer average.
Loan-to-deposit ratio 67.76% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 167 in IA

View $100M-$1B leaderboard (IA) →

Farmers & Merchants Bank & Trust has 1 strength but faces 4 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 15.4% in tier

Key Concerns

Areas that may need attention

- Credit Risk Growth: Bottom 39.2% in tier
- ROA 0.41% below tier average
- Net Interest Margin 0.35% below tier average
- Efficiency Ratio 10.82% above tier average

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Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
Total Assets ?	$208.2M -2.2% YoY -1.2% QoQ	-$178.3M	$386.6M +1.2% YoY	$566.2M +5.8% YoY	$6.3B +7.7% YoY	29%
Total Loans ?	$126.7M +4.3% YoY +2.6% QoQ	-$131.6M	$258.3M +1.7% YoY	$385.0M +5.4% YoY	$3.2B +9.4% YoY	27%
Total Deposits ?	$187.0M -1.0% YoY -0.0% QoQ	-$139.7M	$326.7M +0.7% YoY	$472.4M +6.3% YoY	$4.9B +7.3% YoY	31%
Return on Assets ?	0.91% +76.0% YoY -7.6% QoQ	-0.41%	1.32% +10.8% YoY	1.58% +39.1% YoY	1.30% +12.1% YoY	29%
Net Interest Margin ?	3.64% +14.0% YoY +2.6% QoQ	-0.35%	3.99% +5.0% YoY	3.58% +9.0% YoY	3.95% +4.9% YoY	34%
Efficiency Ratio ?	75.30% -11.5% YoY +4.8% QoQ	+10.82%	64.48% -3.2% YoY	57.74% -6.0% YoY	70.05% +2.5% YoY	20%
Delinquency Rate ?	1.69% +38.5% YoY -4.7% QoQ	+0.77%	0.92% +15.7% YoY	0.99% +12.8% YoY	0.98% +16.3% YoY	16%
Loan-to-Deposit Ratio ?	67.76% +5.4% YoY +2.6% QoQ	-10.20%	77.95% +1.0% YoY	80.39% +2.7% YoY	79.03% +2.3% YoY	73%
Non-Interest-Bearing Deposit Share ?	13.32% +2.8% YoY +5.0% QoQ	-8.71%	22.03% -0.6% YoY	17.72% +0.8% YoY	21.98% -0.6% YoY	18%
Nonperforming Asset Ratio ?	1.03% +47.7% YoY -1.0% QoQ	+0.36%	0.67% +16.4% YoY	0.63% +7.9% YoY	0.69% +15.8% YoY	20%
Tier 1 Capital Ratio ?	17.22% +3.5% YoY -1.0% QoQ	+1.31%	15.91% +1.4% YoY	14.69% +3.0% YoY	17.09% +0.8% YoY	78%
Non-Interest Income / Assets ?	0.97% +15.0% YoY +103.4% QoQ	+0.41%	0.57% +7.6% YoY	0.24% +5.5% YoY	0.66% +5.2% YoY	Top 3.6% in tier

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 (IA)	National Avg	Tier Percentile
Noninterest-Bearing	13.3% +0.4pp YoY +0.6pp QoQ	-8.8pp	22.1%	17.8%	22.2%	18%
Brokered Deposits	n/a	n/a	7.9%	6.0%	8.5%	n/a

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
C&I	7.5% -0.2pp YoY +0.2pp QoQ	-4.1pp	11.6%	12.8%	12.5%	36%
CRE	20.5% +2.0pp YoY +0.7pp QoQ	-19.0pp	39.5%	28.3%	41.4%	19%
1-4 Family	47.2% -2.4pp YoY -1.5pp QoQ	+14.5pp	32.6%	23.0%	31.3%	79%
Consumer	2.4% -0.4pp YoY -0.2pp QoQ	-1.8pp	4.1%	2.9%	5.0%	52%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
CET1 Ratio	17.2% +0.6pp YoY -0.2pp QoQ	-1.6pp	18.8%	15.4%	19.7%	65%
Leverage Ratio	10.7% +0.9pp YoY +0.3pp QoQ	-1.4pp	12.2%	12.4%	12.6%	45%
Total Capital Ratio	18.5% +0.6pp YoY -0.2pp QoQ	-1.5pp	19.9%	16.5%	20.8%	66%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
Full-Time Employees	50 +1 (+2.0%) YoY +2 (+4.2%) QoQ	-9	58	64	482	53%
Assets per Employee ($)	$4.2M -4.2% YoY -5.1% QoQ	-$3.4M	$7.5M	$8.9M	$8.8M	6%
Branch Count	4 0 YoY 0 QoQ	-1	4	5	18	42%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
Past Due 90+ Days	n/a	n/a	0.3%	0.4%	0.4%	n/a
Nonaccrual	1.7% +0.9pp YoY -0.1pp QoQ	+0.8pp	0.9%	1.0%	1.0%	84%
Allowance Coverage	0.91x -22.2% YoY +3.7% QoQ	-23.24x	24.15x	18.97x	20.23x	24%
Net Charge-off Rate (YTD)	0.0% 0.0pp YoY	-0.1pp	0.1%	0.1%	0.2%	38%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
ROE	11.2% +3.2pp YoY -1.2pp QoQ	-0.9pp	12.2%	12.8%	11.6%	45%
Cost of Funds (YTD)	0.7% -0.2pp YoY 0.0pp QoQ	-1.0pp	1.7%	1.8%	1.7%	4%
Net Income ($, YTD)	$963,000 +72.6% YoY — QoQ	-$1.6M	$2.6M	$4.0M	$40.4M	25%

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$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

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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

#103 of 661 • Top 15.4% 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: 0.97%

(Tier: 0.57%, National: 0.66%)

better than tier avg

Return on Assets: 0.91%

(Tier: 1.32%, National: 1.30%)

but worse than tier avg

661 of 661 Community banks match · 923 nationally

→ Stable | QoQ rank declining

Concerns (1)

Credit Risk Growth

risk

#368 of 936 • Bottom 39.2% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

936 of 936 Community banks match · 1401 nationally

→ Stable -58 banks QoQ | QoQ rank improving

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).

Compare against:

Comparing against 2643 peers in $100M-$1B

Top Strengths (2 metrics)

Non-Interest Income / Assets

revenue_mix

Value: 0.97%

Peer Median: 0.57%

#96 of 2643 Top 3.6% in $100M-$1B

589

Tier 1 Capital Ratio

capital

Value: 17.22%

Peer Median: 15.91%

#589 of 2643 Top 22.2% in $100M-$1B

Top Weaknesses (4 metrics)

2204

Delinquency Rate

credit_quality

Value: 1.69%

Peer Median: 0.92%

#2204 of 2633 Bottom 16.3% in $100M-$1B

2158

Non-Interest-Bearing Deposit Share

funding

Value: 13.32%

Peer Median: 22.03%

#2158 of 2643 Bottom 18.4% in $100M-$1B

2128

Nonperforming Asset Ratio

credit_quality

Value: 1.03%

Peer Median: 0.67%

#2128 of 2643 Bottom 19.5% in $100M-$1B

2115

Efficiency Ratio

profitability

Value: 75.30%

Peer Median: 64.48%

#2115 of 2643 Bottom 20.0% in $100M-$1B