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BlastPoint's Banking Scorecard

Farmers & Merchants Savings Bank

$100M-$1B Specialty: Commercial IA FDIC cert 9298

Manchester, IA

7 branches across IA · MN

2664 banks in the $100M-$1B peer group nationally 166 in IA
View $100M-$1B leaderboard (IA) →

Farmers & Merchants Savings Bank has 2 strengths but faces 3 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

  • + Net Interest Margin 0.53% above tier average
  • + Efficiency Ratio 5.77% below tier average

Key Concerns

Areas that may need attention

  • - Credit Risk Growth: Bottom 6.8% in tier
  • - Margin Compression: Bottom 18.7% in tier
  • - Flatlined Growth: Bottom 33.6% in tier

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (IA) National Avg Tier Percentile
Total Assets ? $595.3M
-0.8% YoY +0.3% QoQ
+$209.2M $386.1M
+0.5% YoY
$560.1M
+4.8% YoY
$6.2B
+9.1% YoY
80%
Total Loans ? $428.7M
+3.7% YoY +0.2% QoQ
+$172.9M $255.7M
+1.1% YoY
$379.9M
+5.0% YoY
$3.2B
+10.8% YoY
82%
Total Deposits ? $514.7M
+0.8% YoY +0.1% QoQ
+$186.8M $328.0M
+0.1% YoY
$469.6M
+4.4% YoY
$4.8B
+8.2% YoY
81%
Return on Assets ? 1.10%
-15.5% YoY +53.8% QoQ
-0.17% 1.27%
+12.9% YoY
1.31%
+22.6% YoY
1.23%
+13.4% YoY
44%
Net Interest Margin ? 4.46%
+16.7% YoY +6.2% QoQ
+0.53% 3.93%
+6.0% YoY
3.52%
+10.3% YoY
3.89%
+5.7% YoY
81%
Efficiency Ratio ? 59.52%
-8.7% YoY -9.0% QoQ
-5.77% 65.29%
-4.5% YoY
58.40%
-7.6% YoY
66.95%
-4.1% YoY
62%
Delinquency Rate ? 1.67%
+1.7% YoY +362.1% QoQ
+0.79% 0.89%
+18.8% YoY
0.92%
+14.5% YoY
0.95%
+18.8% YoY
16%
Loan-to-Deposit Ratio ? 83.28%
+2.9% YoY +0.0% QoQ
+6.64% 76.64%
+0.8% YoY
77.40%
+1.1% YoY
76.70%
+0.9% YoY
39%
Non-Interest-Bearing Deposit Share ? 25.26%
+0.8% YoY -5.6% QoQ
+3.24% 22.02%
-1.0% YoY
17.87%
+0.7% YoY
22.01%
-1.2% YoY
67%
Nonperforming Asset Ratio ? 1.21%
+6.2% YoY +361.7% QoQ
+0.57% 0.64%
+19.7% YoY
0.58%
+11.7% YoY
0.67%
+19.3% YoY
16%
Tier 1 Capital Ratio ? 15.53%
-3.4% YoY +10.7% QoQ
-0.30% 15.83%
+1.5% YoY
14.34%
+1.8% YoY
17.06%
+0.8% YoY
69%
Non-Interest Income / Assets ? 0.06%
-0.8% YoY -76.6% QoQ
-0.22% 0.28%
+9.3% YoY
0.12%
+10.7% YoY
0.32%
+4.1% YoY
28%

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 (3)

Credit Risk Growth

risk
#67 of 973 • Bottom 6.8% in tier

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

973 of 973 Community banks match · 1464 nationally
→ Stable -10 banks QoQ

Margin Compression

decline
#58 of 305 • Bottom 18.7% in tier

Profitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.

Why this signature
Return on Assets: 1.10%
(Tier: 1.27%, National: 1.23%)
worse than tier avg
305 of 305 Community banks match · 407 nationally
↑ Growing +94 banks QoQ

Flatlined Growth

risk
#173 of 512 • Bottom 33.6% in tier

Asset growth stalled (-2% to +2% YoY) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why this signature
Return on Assets: 1.10%
(Tier: 1.27%, National: 1.23%)
worse than tier avg
512 of 512 Community banks match · 687 nationally
→ Stable +32 banks QoQ | QoQ rank declining

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 (4 metrics)

470
Total Loans
size
Value: $428.66M
Peer Median: $255.72M
#470 of 2664 Top 17.6% in $100M-$1B
507
Total Deposits
size
Value: $514.75M
Peer Median: $327.97M
#507 of 2664 Top 19.0% in $100M-$1B
520
Net Interest Margin
profitability
Value: 4.46%
Peer Median: 3.93%
#520 of 2664 Top 19.5% in $100M-$1B
532
Total Assets
size
Value: $595.26M
Peer Median: $386.08M
#532 of 2664 Top 19.9% in $100M-$1B

Top Weaknesses (2 metrics)

2250
Nonperforming Asset Ratio
credit_quality
Value: 1.21%
Peer Median: 0.64%
#2250 of 2664 Bottom 15.6% in $100M-$1B
2231
Delinquency Rate
credit_quality
Value: 1.67%
Peer Median: 0.89%
#2231 of 2654 Bottom 16.0% in $100M-$1B
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