BlastPoint's Banking Scorecard

Farmers & Merchants Bank of North Dakota

$100M-$1B Specialty: Agricultural ND FDIC cert 8640

Tolna, ND

3 branches across ND

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 34 in ND.
Deposits +1.8% year over year ($106.9M on the books).
Delinquency rate 0.73%.
Return on assets 0.89%.
Efficiency ratio 71.97% vs a 64.48% peer average.
Loan-to-deposit ratio 43.63% 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 34 in ND

View $100M-$1B leaderboard (ND) →

Farmers & Merchants Bank of North Dakota 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

+ Delinquency Rate 0.19% below tier average

Key Concerns

Areas that may need attention

- Credit Quality Pressure: Bottom 41.6% in tier
- Capital Thin: Bottom 43.4% in tier
- ROA 0.43% below tier average
- Net Interest Margin 0.71% below tier average
- Efficiency Ratio 7.49% above tier average

Get updates when Farmers & Merchants Bank of North Dakota releases new data →

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (ND)	National Avg	Tier Percentile
Total Assets ?	$119.8M +2.4% YoY -3.4% QoQ	-$266.7M	$386.6M +1.2% YoY	$1.1B +6.9% YoY	$6.3B +7.7% YoY	Bottom 5.6% in tier
Total Loans ?	$46.7M -9.9% YoY +5.2% QoQ	-$211.7M	$258.3M +1.7% YoY	$805.2M +6.2% YoY	$3.2B +9.4% YoY	Bottom 2.3% in tier
Total Deposits ?	$106.9M +1.8% YoY -4.0% QoQ	-$219.8M	$326.7M +0.7% YoY	$922.2M +5.0% YoY	$4.9B +7.3% YoY	Bottom 7.8% in tier
Return on Assets ?	0.89% +2.2% YoY +42.5% QoQ	-0.43%	1.32% +10.8% YoY	1.44% +8.8% YoY	1.30% +12.1% YoY	28%
Net Interest Margin ?	3.28% -5.4% YoY +4.2% QoQ	-0.71%	3.99% +5.0% YoY	3.79% +4.3% YoY	3.95% +4.9% YoY	19%
Efficiency Ratio ?	71.97% -2.5% YoY -7.5% QoQ	+7.49%	64.48% -3.2% YoY	59.23% -3.7% YoY	70.05% +2.5% YoY	26%
Delinquency Rate ?	0.73% +33.6% YoY +19.9% QoQ	-0.19%	0.92% +15.7% YoY	0.86% +16.6% YoY	0.98% +16.3% YoY	36%
Loan-to-Deposit Ratio ?	43.63% -11.5% YoY +9.7% QoQ	-34.33%	77.95% +1.0% YoY	73.82% -0.7% YoY	79.03% +2.3% YoY	Top 5.4% in tier
Non-Interest-Bearing Deposit Share ?	24.20% -1.3% YoY -0.9% QoQ	+2.17%	22.03% -0.6% YoY	21.56% +2.8% YoY	21.98% -0.6% YoY	63%
Nonperforming Asset Ratio ?	0.29% +17.6% YoY +30.6% QoQ	-0.38%	0.67% +16.4% YoY	0.54% +8.1% YoY	0.69% +15.8% YoY	53%
Tier 1 Capital Ratio ?	10.99% -39.8% YoY -42.7% QoQ	-4.92%	15.91% +1.4% YoY	12.90% +0.7% YoY	17.09% +0.8% YoY	23%
Non-Interest Income / Assets ?	0.10% -41.6% YoY +118.2% QoQ	-0.47%	0.57% +7.6% YoY	0.22% -1.4% YoY	0.66% +5.2% YoY	17%

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 (ND)	National Avg	Tier Percentile
Noninterest-Bearing	24.2% -0.3pp YoY -0.2pp QoQ	+2.1pp	22.1%	21.6%	22.2%	63%
Brokered Deposits	0.0% 0.0pp YoY 0.0pp QoQ	-7.8pp	7.9%	6.0%	8.5%	5%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (ND)	National Avg	Tier Percentile
C&I	10.7% -6.3pp YoY -2.0pp QoQ	-0.9pp	11.6%	12.9%	12.5%	56%
CRE	n/a	n/a	39.5%	29.0%	41.4%	n/a
1-4 Family	5.8% +1.1pp YoY -0.3pp QoQ	-26.9pp	32.6%	12.3%	31.3%	6%
Consumer	5.6% -0.3pp YoY -1.2pp QoQ	+1.5pp	4.1%	4.5%	5.0%	80%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (ND)	National Avg	Tier Percentile
CET1 Ratio	n/a	n/a	18.8%	15.3%	19.7%	n/a
Leverage Ratio	11.0% -0.1pp YoY 0.0pp QoQ	-1.2pp	12.2%	10.7%	12.6%	50%
Total Capital Ratio	n/a	n/a	19.9%	16.3%	20.8%	n/a

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (ND)	National Avg	Tier Percentile
Full-Time Employees	18 -2 (-10.0%) YoY 0 QoQ	-41	58	138	482	8%
Assets per Employee ($)	$6.7M +13.7% YoY -3.4% QoQ	-$861K	$7.5M	$8.3M	$8.8M	46%
Branch Count	3 0 YoY 0 QoQ	-2	4	7	18	26%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (ND)	National Avg	Tier Percentile
Past Due 90+ Days	0.2% +0.2pp QoQ	-0.1pp	0.3%	0.5%	0.4%	64%
Nonaccrual	0.5% 0.0pp YoY 0.0pp QoQ	-0.4pp	0.9%	0.7%	1.0%	55%
Allowance Coverage	1.39x -15.2% YoY -21.1% QoQ	-22.76x	24.15x	73.79x	20.23x	37%
Net Charge-off Rate (YTD)	-0.0% 0.0pp YoY 0.0pp QoQ	-0.2pp	0.1%	0.1%	0.2%	20%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (ND)	National Avg	Tier Percentile
ROE	8.7% -0.7pp YoY +2.5pp QoQ	-3.5pp	12.2%	16.0%	11.6%	29%
Cost of Funds (YTD)	1.5% -0.1pp YoY 0.0pp QoQ	-0.2pp	1.7%	1.7%	1.7%	36%
Net Income ($, YTD)	$539,000 +6.9% YoY — QoQ	-$2.0M	$2.6M	$7.0M	$40.4M	12%

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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 (0)

No matched strength signatures this quarter

Concerns (2)

Credit Quality Pressure

risk

#524 of 1256 • Bottom 41.6% in tier

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

Why this signature

Delinquency Rate: 0.73%

(Tier: 0.92%, National: 0.98%)

better than tier avg

1256 of 1256 Community banks match · 1820 nationally

→ Stable -71 banks QoQ

Capital Thin

risk

#288 of 661 • Bottom 43.4% in tier

Tier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.

Why this signature

Tier 1 Capital Ratio: 10.99%

(Tier: 15.91%, National: 17.09%)

worse than tier avg

661 of 661 Community banks match · 923 nationally

→ Stable

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 (1 metrics)

144

Loan-to-Deposit Ratio

liquidity

Value: 43.63%

Peer Median: 77.95%

#144 of 2643 Top 5.4% in $100M-$1B

Top Weaknesses (6 metrics)

2583

Total Loans

size

Value: $46.65M

Peer Median: $258.35M

#2583 of 2643 Bottom 2.3% in $100M-$1B

2496

Total Assets

size

Value: $119.83M

Peer Median: $386.57M

#2496 of 2643 Bottom 5.6% in $100M-$1B

2439

Total Deposits

size

Value: $106.94M

Peer Median: $326.73M

#2439 of 2643 Bottom 7.8% in $100M-$1B

2184

Non-Interest Income / Assets

revenue_mix

Value: 0.10%

Peer Median: 0.57%

#2184 of 2643 Bottom 17.4% in $100M-$1B

2151

Net Interest Margin

profitability

Value: 3.28%

Peer Median: 3.99%

#2151 of 2643 Bottom 18.7% in $100M-$1B

2034

Tier 1 Capital Ratio

capital

Value: 10.99%

Peer Median: 15.91%

#2034 of 2643 Bottom 23.1% in $100M-$1B