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BlastPoint's Banking Scorecard

Farmers & Merchants Bank

$100M-$1B Specialty: Commercial NC FDIC cert 2036

Granite Quarry, NC

12 branches across NC

2664 banks in the $100M-$1B peer group nationally 17 in NC
View $100M-$1B leaderboard (NC) →

Farmers & Merchants Bank has 5 strengths but faces 2 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 12.9% in tier
  • + Profitability Leader: Top 22.2% in tier
  • + Deposit Franchise: Top 55.1% in tier
  • + Efficiency Ratio 17.10% below tier average
  • + Delinquency Rate 0.21% below tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 30.1% in tier
  • - Liquidity Overhang: Bottom 35.9% in tier

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Total Assets ? $985.6M
+6.5% YoY +2.1% QoQ
+$599.5M $386.1M
+0.5% YoY
$92.4B
+2.4% YoY
$6.2B
+9.1% YoY
Top 0.5% in tier
Total Loans ? $516.2M
+0.4% YoY -0.8% QoQ
+$260.4M $255.7M
+1.1% YoY
$45.0B
+8.2% YoY
$3.2B
+10.8% YoY
Top 9.6% in tier
Total Deposits ? $831.1M
+6.2% YoY +2.1% QoQ
+$503.1M $328.0M
+0.1% YoY
$72.8B
+2.6% YoY
$4.8B
+8.2% YoY
Top 1.3% in tier
Return on Assets ? 2.48%
+13.4% YoY +10.6% QoQ
+1.21% 1.27%
+12.9% YoY
0.99%
+29.5% YoY
1.23%
+13.4% YoY
Top 4.8% in tier
Net Interest Margin ? 5.00%
-2.7% YoY -3.4% QoQ
+1.07% 3.93%
+6.0% YoY
3.42%
+5.0% YoY
3.89%
+5.7% YoY
Top 7.1% in tier
Efficiency Ratio ? 48.18%
-9.0% YoY -7.6% QoQ
-17.10% 65.29%
-4.5% YoY
69.88%
-8.6% YoY
66.95%
-4.1% YoY
Top 12.8% in tier
Delinquency Rate ? 0.68%
+7.7% YoY +6.8% QoQ
-0.21% 0.89%
+18.8% YoY
0.64%
+21.6% YoY
0.95%
+18.8% YoY
37%
Loan-to-Deposit Ratio ? 62.11%
-5.4% YoY -2.9% QoQ
-14.53% 76.64%
+0.8% YoY
79.67%
+1.0% YoY
76.70%
+0.9% YoY
79%
Non-Interest-Bearing Deposit Share ? 31.54%
-5.9% YoY +2.3% QoQ
+9.52% 22.02%
-1.0% YoY
18.50%
+0.3% YoY
22.01%
-1.2% YoY
Top 14.6% in tier
Nonperforming Asset Ratio ? 0.36%
-26.5% YoY -24.2% QoQ
-0.28% 0.64%
+19.7% YoY
0.45%
+20.5% YoY
0.67%
+19.3% YoY
46%
Tier 1 Capital Ratio ? 25.47%
+8.5% YoY +3.7% QoQ
+9.64% 15.83%
+1.5% YoY
20.13%
+3.0% YoY
17.06%
+0.8% YoY
Top 6.1% in tier
Non-Interest Income / Assets ? 0.29%
+24.8% YoY -70.0% QoQ
+0.01% 0.28%
+9.3% YoY
0.21%
+7.3% YoY
0.32%
+4.1% YoY
Top 6.9% 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 (3)

Revenue Diversifier

growth
#87 of 666 • Top 12.9% 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: 0.29%
(Tier: 0.28%, National: 0.32%)
better than tier avg
Return on Assets: 2.48%
(Tier: 1.27%, National: 1.23%)
better than tier avg
666 of 666 Community banks match · 926 nationally
→ Stable +3 banks QoQ | QoQ rank improving

Profitability Leader

growth
#149 of 666 • Top 22.2% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature
Return on Assets: 2.48%
(Tier: 1.27%, National: 1.23%)
better than tier avg
666 of 666 Community banks match · 926 nationally
→ Stable +3 banks QoQ | QoQ rank improving

Deposit Franchise

growth
#151 of 272 • Top 55.1% in tier

Top-quartile non-interest-bearing deposits AND top-quartile NIM. A premium deposit franchise translating into above-peer spread.

Why this signature
Noninterest-Bearing Deposit Share: 31.54%
(Tier: 22.02%, National: 22.01%)
better than tier avg
Net Interest Margin: 5.00%
(Tier: 3.93%, National: 3.89%)
better than tier avg
272 of 272 Community banks match · 369 nationally
→ Stable -14 banks QoQ | QoQ rank declining

Concerns (2)

Credit Quality Pressure

risk
#395 of 1308 • Bottom 30.1% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.68%
(Tier: 0.89%, National: 0.95%)
better than tier avg
1308 of 1308 Community banks match · 1899 nationally
→ Stable +2 banks QoQ | QoQ rank improving

Liquidity Overhang

risk
#266 of 739 • Bottom 35.9% in tier

Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.

Why this signature
Tier 1 Capital Ratio: 25.47%
(Tier: 15.83%, National: 17.06%)
better than tier avg
Loan-to-Deposit Ratio: 62.11%
(Tier: 76.64%, National: 76.70%)
better than tier avg
739 of 739 Community banks match · 939 nationally
→ Stable +13 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).
Comparing against 2664 peers in $100M-$1B

Top Strengths (10 metrics)

13
Total Assets
size
Value: $985.58M
Peer Median: $386.08M
#13 of 2664 Top 0.5% in $100M-$1B
36
Total Deposits
size
Value: $831.11M
Peer Median: $327.97M
#36 of 2664 Top 1.3% in $100M-$1B
130
Return on Assets
profitability
Value: 2.48%
Peer Median: 1.27%
#130 of 2664 Top 4.8% in $100M-$1B
164
Tier 1 Capital Ratio
capital
Value: 25.47%
Peer Median: 15.83%
#164 of 2664 Top 6.1% in $100M-$1B
186
Non-Interest Income / Assets
revenue_mix
Value: 0.29%
Peer Median: 0.28%
#186 of 2664 Top 6.9% in $100M-$1B
191
Net Interest Margin
profitability
Value: 5.00%
Peer Median: 3.93%
#191 of 2664 Top 7.1% in $100M-$1B
256
Total Loans
size
Value: $516.16M
Peer Median: $255.72M
#256 of 2664 Top 9.6% in $100M-$1B
341
Efficiency Ratio
profitability
Value: 48.18%
Peer Median: 65.29%
#341 of 2664 Top 12.8% in $100M-$1B
391
Non-Interest-Bearing Deposit Share
funding
Value: 31.54%
Peer Median: 22.02%
#391 of 2664 Top 14.6% in $100M-$1B
569
Loan-to-Deposit Ratio
liquidity
Value: 62.11%
Peer Median: 76.64%
#569 of 2664 Top 21.3% in $100M-$1B

Top Weaknesses (0 metrics)

No weakness rankings available
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