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First Farmers & Merchants National Bank

$100M-$1B Specialty: Agricultural MN FDIC cert 5186

Luverne, 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 +8.2% year over year ($213.5M on the books).
  • Delinquency rate 0.86%.
  • Return on assets 1.26%.
  • Efficiency ratio 53.03% vs a 64.48% peer average.
  • Loan-to-deposit ratio 85.70% 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 151 in MN
View $100M-$1B leaderboard (MN) →

First Farmers & Merchants National Bank has 3 strengths but faces 1 concern

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

  • + Net Interest Margin 0.07% above tier average
  • + Efficiency Ratio 11.45% below tier average
  • + Delinquency Rate 0.06% below tier average

Key Concerns

Areas that may need attention

  • - ROA 0.06% below tier average
Get updates when First Farmers & Merchants National Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $242.6M
+7.6% YoY -2.5% QoQ
-$144.0M $386.6M
+1.2% YoY
$524.5M
+5.8% YoY
$6.3B
+7.7% YoY
35%
Total Loans ? $183.0M
+8.0% YoY +0.2% QoQ
-$75.4M $258.3M
+1.7% YoY
$300.2M
+7.3% YoY
$3.2B
+9.4% YoY
44%
Total Deposits ? $213.5M
+8.2% YoY -3.6% QoQ
-$113.2M $326.7M
+0.7% YoY
$452.1M
+5.5% YoY
$4.9B
+7.3% YoY
37%
Return on Assets ? 1.26%
+34.1% YoY +11.5% QoQ
-0.06% 1.32%
+10.8% YoY
1.26%
+17.2% YoY
1.30%
+12.1% YoY
51%
Net Interest Margin ? 4.05%
+7.4% YoY +2.6% QoQ
+0.07% 3.99%
+5.0% YoY
4.00%
+6.8% YoY
3.95%
+4.9% YoY
56%
Efficiency Ratio ? 53.03%
-5.4% YoY -1.8% QoQ
-11.45% 64.48%
-3.2% YoY
63.00%
-3.5% YoY
70.05%
+2.5% YoY
77%
Delinquency Rate ? 0.86%
+161.9% QoQ
-0.06% 0.92%
+15.7% YoY
1.01%
+19.3% YoY
0.98%
+16.3% YoY
32%
Loan-to-Deposit Ratio ? 85.70%
-0.2% YoY +3.9% QoQ
+7.75% 77.95%
+1.0% YoY
78.29%
-0.6% YoY
79.03%
+2.3% YoY
36%
Non-Interest-Bearing Deposit Share ? 15.56%
-4.7% YoY +3.9% QoQ
-6.47% 22.03%
-0.6% YoY
21.79%
+0.9% YoY
21.98%
-0.6% YoY
27%
Nonperforming Asset Ratio ? 0.65%
+169.3% QoQ
-0.02% 0.67%
+16.4% YoY
0.76%
+16.9% YoY
0.69%
+15.8% YoY
33%
Tier 1 Capital Ratio ? 14.32%
+2.6% YoY +5.3% QoQ
-1.59% 15.91%
+1.4% YoY
15.35%
-0.4% YoY
17.09%
+0.8% YoY
60%
Non-Interest Income / Assets ? 0.08%
+6.9% YoY +115.4% QoQ
-0.49% 0.57%
+7.6% YoY
0.31%
+3.9% YoY
0.66%
+5.2% YoY
Bottom 12.6% 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 (MN) National Avg Tier Percentile
Noninterest-Bearing 15.6%
-0.8pp YoY
+0.6pp QoQ
 -6.6pp 22.1% 21.9% 22.2% 26%
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 13.8%
-0.8pp YoY
+1.9pp QoQ
 +2.2pp 11.6% 14.6% 12.5% 71%
CRE 17.7%
-1.0pp YoY
+0.2pp QoQ
 -21.8pp 39.5% 36.5% 41.4% 14%
1-4 Family 7.4%
+1.2pp YoY
+0.5pp QoQ
 -25.2pp 32.6% 29.4% 31.3% 8%
Consumer 1.1%
-0.1pp YoY
+0.1pp QoQ
 -3.1pp 4.1% 4.5% 5.0% 30%

Capital

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
CET1 Ratio 14.3%
+0.4pp YoY
+0.7pp QoQ
 -4.5pp 18.8% 16.5% 19.7% 42%
Leverage Ratio 11.6%
+0.1pp YoY
+0.6pp QoQ
 -0.6pp 12.2% 11.0% 12.6% 60%
Total Capital Ratio 15.3%
+0.2pp YoY
+0.7pp QoQ
 -4.6pp 19.9% 17.6% 20.8% 40%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Full-Time Employees 26
-1 (-3.7%) YoY
0 QoQ
 -33 58 55 482 21%
Assets per Employee ($) $9.3M
+11.7% YoY
-2.5% QoQ
 +$1.8M $7.5M $8.6M $8.8M 82%
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 0.9% -0.1pp 0.9% 1.0% 1.0% 68%
Allowance Coverage 1.26x
-61.9% QoQ
 -22.89x 24.15x 20.41x 20.23x 34%
Net Charge-off Rate (YTD) n/a n/a 0.1% 0.2% 0.2% n/a

Profitability

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
ROE 12.2%
+2.7pp YoY
+1.0pp QoQ
 0.0pp 12.2% 13.1% 11.6% 50%
Cost of Funds (YTD) 1.5%
-0.1pp YoY
0.0pp QoQ
 -0.2pp 1.7% 1.7% 1.7% 37%
Net Income ($, YTD) $1.6M
+44.5% YoY
— QoQ
 -$1.0M $2.6M $4.5M $40.4M 43%

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 (0)

No matched strength signatures this quarter

Concerns (0)

No matched concern signatures this quarter

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 2643 peers in $100M-$1B

Top Strengths (1 metrics)

617
Efficiency Ratio
profitability
Value: 53.03%
Peer Median: 64.48%
#617 of 2643 Top 23.3% in $100M-$1B

Top Weaknesses (1 metrics)

2311
Non-Interest Income / Assets
revenue_mix
Value: 0.08%
Peer Median: 0.57%
#2311 of 2643 Bottom 12.6% in $100M-$1B
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