BlastPoint's Banking Scorecard

Farmers & Merchants Savings Bank

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

Manchester, IA

7 branches across IA · 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 167 in IA.
Deposits +0.4% year over year ($516.0M on the books).
Delinquency rate 1.73%.
Return on assets 1.14%.
Efficiency ratio 53.62% vs a 64.48% peer average.
Loan-to-deposit ratio 87.50% 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 167 in IA

View $100M-$1B leaderboard (IA) →

Farmers & Merchants Savings Bank has 2 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

+ Net Interest Margin 0.49% above tier average
+ Efficiency Ratio 10.86% below tier average

Key Concerns

Areas that may need attention

- Margin Compression: Bottom 41.7% in tier
- Delinquency Rate 0.81% above tier average

Get updates when Farmers & Merchants Savings Bank releases new data →

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
Total Assets ?	$616.8M +3.8% YoY +3.6% QoQ	+$230.3M	$386.6M +1.2% YoY	$566.2M +5.8% YoY	$6.3B +7.7% YoY	82%
Total Loans ?	$451.6M +14.1% YoY +5.3% QoQ	+$193.2M	$258.3M +1.7% YoY	$385.0M +5.4% YoY	$3.2B +9.4% YoY	84%
Total Deposits ?	$516.0M +0.4% YoY +0.3% QoQ	+$189.3M	$326.7M +0.7% YoY	$472.4M +6.3% YoY	$4.9B +7.3% YoY	81%
Return on Assets ?	1.14% -11.9% YoY +4.1% QoQ	-0.18%	1.32% +10.8% YoY	1.58% +39.1% YoY	1.30% +12.1% YoY	43%
Net Interest Margin ?	4.47% +15.7% YoY +0.3% QoQ	+0.49%	3.99% +5.0% YoY	3.58% +9.0% YoY	3.95% +4.9% YoY	79%
Efficiency Ratio ?	53.62% -17.9% YoY -9.9% QoQ	-10.86%	64.48% -3.2% YoY	57.74% -6.0% YoY	70.05% +2.5% YoY	75%
Delinquency Rate ?	1.73% -21.7% YoY +3.5% QoQ	+0.81%	0.92% +15.7% YoY	0.99% +12.8% YoY	0.98% +16.3% YoY	16%
Loan-to-Deposit Ratio ?	87.50% +13.7% YoY +5.1% QoQ	+9.55%	77.95% +1.0% YoY	80.39% +2.7% YoY	79.03% +2.3% YoY	32%
Non-Interest-Bearing Deposit Share ?	26.49% +0.8% YoY +4.9% QoQ	+4.46%	22.03% -0.6% YoY	17.72% +0.8% YoY	21.98% -0.6% YoY	72%
Nonperforming Asset Ratio ?	1.27% -13.9% YoY +5.2% QoQ	+0.60%	0.67% +16.4% YoY	0.63% +7.9% YoY	0.69% +15.8% YoY	15%
Tier 1 Capital Ratio ?	13.66% -14.1% YoY -12.0% QoQ	-2.24%	15.91% +1.4% YoY	14.69% +3.0% YoY	17.09% +0.8% YoY	55%
Non-Interest Income / Assets ?	0.12% -1.5% YoY +89.9% QoQ	-0.45%	0.57% +7.6% YoY	0.24% +5.5% YoY	0.66% +5.2% YoY	25%

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 (IA)	National Avg	Tier Percentile
Noninterest-Bearing	26.5% +0.2pp YoY +1.2pp QoQ	+4.3pp	22.1%	17.8%	22.2%	71%
Brokered Deposits	n/a	n/a	7.9%	6.0%	8.5%	n/a

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
C&I	44.2% +2.9pp YoY +1.6pp QoQ	+32.7pp	11.6%	12.8%	12.5%	99%
CRE	30.4% +0.8pp YoY +0.7pp QoQ	-9.1pp	39.5%	28.3%	41.4%	35%
1-4 Family	10.4% -1.7pp YoY -0.5pp QoQ	-22.3pp	32.6%	23.0%	31.3%	12%
Consumer	0.4% -0.2pp YoY 0.0pp QoQ	-3.7pp	4.1%	2.9%	5.0%	14%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
CET1 Ratio	13.7% -2.2pp YoY -1.9pp QoQ	-5.2pp	18.8%	15.4%	19.7%	36%
Leverage Ratio	12.4% -0.7pp YoY -0.8pp QoQ	+0.2pp	12.2%	12.4%	12.6%	69%
Total Capital Ratio	14.9% -2.2pp YoY -1.9pp QoQ	-5.0pp	19.9%	16.5%	20.8%	37%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
Full-Time Employees	85 -4 (-4.5%) YoY -5 (-5.6%) QoQ	+26	58	64	482	80%
Assets per Employee ($)	$7.3M +8.6% YoY +9.7% QoQ	-$261K	$7.5M	$8.9M	$8.8M	56%
Branch Count	7 0 YoY 0 QoQ	+2	4	5	18	75%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
Past Due 90+ Days	0.1% -0.3pp YoY -0.1pp QoQ	-0.3pp	0.3%	0.4%	0.4%	43%
Nonaccrual	1.7% -0.2pp YoY +0.1pp QoQ	+0.7pp	0.9%	1.0%	1.0%	84%
Allowance Coverage	1.23x +39.5% YoY +12.7% QoQ	-22.92x	24.15x	18.97x	20.23x	33%
Net Charge-off Rate (YTD)	-0.0% 0.0pp YoY 0.0pp QoQ	-0.2pp	0.1%	0.1%	0.2%	14%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (IA)	National Avg	Tier Percentile
ROE	9.0% -1.4pp YoY +0.5pp QoQ	-3.2pp	12.2%	12.8%	11.6%	31%
Cost of Funds (YTD)	1.4% -0.3pp YoY +0.1pp QoQ	-0.3pp	1.7%	1.8%	1.7%	31%
Net Income ($, YTD)	$3.4M -11.6% YoY — QoQ	+$882K	$2.6M	$4.0M	$40.4M	75%

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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 (1)

Margin Compression

decline

#129 of 307 • Bottom 41.7% 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: 1.14%

(Tier: 1.32%, National: 1.30%)

worse than tier avg

307 of 307 Community banks match · 413 nationally

→ Stable +8 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).

Compare against:

Comparing against 2643 peers in $100M-$1B

Top Strengths (5 metrics)

419

Total Loans

size

Value: $451.55M

Peer Median: $258.35M

#419 of 2643 Top 15.8% in $100M-$1B

488

Total Assets

size

Value: $616.83M

Peer Median: $386.57M

#488 of 2643 Top 18.4% in $100M-$1B

490

Total Deposits

size

Value: $516.04M

Peer Median: $326.73M

#490 of 2643 Top 18.5% in $100M-$1B

564

Net Interest Margin

profitability

Value: 4.47%

Peer Median: 3.99%

#564 of 2643 Top 21.3% in $100M-$1B

658

Efficiency Ratio

profitability

Value: 53.62%

Peer Median: 64.48%

#658 of 2643 Top 24.9% in $100M-$1B

Top Weaknesses (2 metrics)

2238

Nonperforming Asset Ratio

credit_quality

Value: 1.27%

Peer Median: 0.67%

#2238 of 2643 Bottom 15.4% in $100M-$1B

2217

Delinquency Rate

credit_quality

Value: 1.73%

Peer Median: 0.92%

#2217 of 2633 Bottom 15.8% in $100M-$1B