BlastPoint's Banking Scorecard
Farmers and Merchants State Bank
Plankinton, SD
2 branches across SD
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 24 in SD.
- Deposits +9.4% year over year ($137.3M on the books).
- Delinquency rate 0.77%.
- Return on assets 2.46%.
- Efficiency ratio 38.77% vs a 64.48% peer average.
- Loan-to-deposit ratio 106.46% vs a 77.95% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Farmers and Merchants State Bank has 4 strengths but faces 1 concern
Key Strengths
Areas where this bank excels compared to peers
- + Return on Assets 1.13% above tier average
- + Net Interest Margin 0.95% above tier average
- + Efficiency Ratio 25.71% below tier average
- + Delinquency Rate 0.14% below tier average
Key Concerns
Areas that may need attention
- - Loan-to-Deposit Ratio 28.51% above tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (SD) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$180.4M
+13.5% YoY
+4.4% QoQ
|
-$206.1M |
$386.6M
+1.2% YoY
|
$70.4B
+8.4% YoY
|
$6.3B
+7.7% YoY
|
21% |
| Total Loans ? |
$146.1M
+17.6% YoY
+6.6% QoQ
|
-$112.2M |
$258.3M
+1.7% YoY
|
$31.5B
+10.3% YoY
|
$3.2B
+9.4% YoY
|
34% |
| Total Deposits ? |
$137.3M
+9.4% YoY
-2.5% QoQ
|
-$189.5M |
$326.7M
+0.7% YoY
|
$56.5B
+10.5% YoY
|
$4.9B
+7.3% YoY
|
18% |
| Return on Assets ? |
2.46%
-11.2% YoY
-5.7% QoQ
|
+1.13% |
1.32%
+10.8% YoY
|
1.40%
+6.8% YoY
|
1.30%
+12.1% YoY
|
Top 5.1% in tier |
| Net Interest Margin ? |
4.94%
-0.0% YoY
+1.2% QoQ
|
+0.95% |
3.99%
+5.0% YoY
|
4.26%
+1.1% YoY
|
3.95%
+4.9% YoY
|
Top 8.9% in tier |
| Efficiency Ratio ? |
38.77%
-2.7% YoY
-3.3% QoQ
|
-25.71% |
64.48%
-3.2% YoY
|
60.99%
-4.4% YoY
|
70.05%
+2.5% YoY
|
Top 3.0% in tier |
| Delinquency Rate ? |
0.77%
-7.8% YoY
-32.1% QoQ
|
-0.14% |
0.92%
+15.7% YoY
|
0.78%
+47.6% YoY
|
0.98%
+16.3% YoY
|
35% |
| Loan-to-Deposit Ratio ? |
106.46%
+7.5% YoY
+9.3% QoQ
|
+28.51% |
77.95%
+1.0% YoY
|
73.26%
-0.6% YoY
|
79.03%
+2.3% YoY
|
Bottom 5.1% in tier |
| Non-Interest-Bearing Deposit Share ? |
19.40%
-7.7% YoY
-16.9% QoQ
|
-2.63% |
22.03%
-0.6% YoY
|
23.46%
+3.2% YoY
|
21.98%
-0.6% YoY
|
43% |
| Nonperforming Asset Ratio ? |
0.63%
-4.5% YoY
-30.7% QoQ
|
-0.04% |
0.67%
+16.4% YoY
|
0.54%
+39.8% YoY
|
0.69%
+15.8% YoY
|
33% |
| Tier 1 Capital Ratio ? |
11.73%
-11.4% YoY
-2.2% QoQ
|
-4.18% |
15.91%
+1.4% YoY
|
15.80%
+1.0% YoY
|
17.09%
+0.8% YoY
|
32% |
| Non-Interest Income / Assets ? |
0.17%
-7.4% YoY
+109.3% QoQ
|
-0.40% |
0.57%
+7.6% YoY
|
0.54%
-0.1% YoY
|
0.66%
+5.2% YoY
|
41% |
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 (SD) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
19.4%
-1.6pp YoY -4.0pp QoQ |
-2.7pp | 22.1% | 23.5% | 22.2% | 42% |
| Brokered Deposits |
9.8%
-3.4pp YoY -0.2pp QoQ |
+1.9pp | 7.9% | 8.7% | 8.5% | 74% |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (SD) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
13.8%
+2.4pp YoY +2.3pp QoQ |
+2.2pp | 11.6% | 14.1% | 12.5% | 71% |
| CRE | n/a | n/a | 39.5% | 31.5% | 41.4% | n/a |
| 1-4 Family |
10.7%
+1.2pp YoY +0.9pp QoQ |
-22.0pp | 32.6% | 14.9% | 31.3% | 12% |
| Consumer |
4.0%
-1.3pp YoY -0.4pp QoQ |
-0.1pp | 4.1% | 8.5% | 5.0% | 70% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (SD) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
11.7%
-1.5pp YoY -0.3pp QoQ |
-7.1pp | 18.8% | 17.6% | 19.7% | 14% |
| Leverage Ratio |
11.0%
-0.5pp YoY +0.6pp QoQ |
-1.2pp | 12.2% | 11.9% | 12.6% | 51% |
| Total Capital Ratio |
13.0%
-1.5pp YoY -0.2pp QoQ |
-7.0pp | 19.9% | 18.8% | 20.8% | 15% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (SD) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
16
-4 (-20.0%) YoY 0 QoQ |
-43 | 58 | 6,279 | 482 | 5% |
| Assets per Employee ($) |
$11.3M
+41.9% YoY +4.4% QoQ |
+$3.8M | $7.5M | $8.1M | $8.8M | 91% |
| Branch Count |
2
0 YoY 0 QoQ |
-3 | 4 | 92 | 18 | 11% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (SD) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days |
0.5%
+0.2pp YoY 0.0pp QoQ |
+0.2pp | 0.3% | 0.2% | 0.4% | 84% |
| Nonaccrual |
0.2%
-0.3pp YoY -0.4pp QoQ |
-0.7pp | 0.9% | 1.0% | 1.0% | 33% |
| Allowance Coverage |
1.74x
+5.2% YoY +48.9% QoQ |
-22.41x | 24.15x | 96.54x | 20.23x | 43% |
| Net Charge-off Rate (YTD) |
0.1%
0.0pp YoY -0.1pp QoQ |
-0.1pp | 0.1% | 0.7% | 0.2% | 73% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (SD) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
24.3%
-3.3pp YoY -1.8pp QoQ |
+12.1pp | 12.2% | 12.4% | 11.6% | 95% |
| Cost of Funds (YTD) |
2.2%
+0.1pp YoY -0.1pp QoQ |
+0.5pp | 1.7% | 1.7% | 1.7% | 81% |
| Net Income ($, YTD) |
$2.2M
-2.3% YoY — QoQ |
-$365K | $2.6M | $418.8M | $40.4M | 56% |
Get Full Access to Farmers and Merchants State Bank
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 (0)
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.