The Farmers and Merchants Bank: how it compares with its peers
Against 60 OH banks with half to twice its assets, The Farmers and Merchants Bank's strongest measure in Q2 2026 is return on assets (1.47% vs. a 0.77% peer median). Its weakest relative measure is assets per employee ($5.1M vs. $5.8M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.47% | 0.77% | Top third Ahead of 92% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.79% | 3.60% | Top third Ahead of 90% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 55.30% | 76.69% | Top third Ahead of 90% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.1M | $5.8M | Bottom third Ahead of 33% of peers |
| Loans to deposits Net loans and leases over total deposits. | 66.11% | 80.17% | Context |
What it means for lending operations
Its efficiency ratio of 55.30% is better than the 76.69% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- The Twin Valley Bank West Alexandria, OH · $138M
- Fidelity Federal Savings and Loan Association of Delaware Delaware, OH · $132M
- The Settlers Bank Marietta, OH · $142M
- The Baltic State Bank Baltic, OH · $130M
- Monroe Federal Savings and Loan Association Tipp City, OH · $145M
- The Hamler State Bank Hamler, OH · $125M
Questions about The Farmers and Merchants Bank
How big is The Farmers and Merchants Bank?
The Farmers and Merchants Bank, established in 1912, is headquartered in Caldwell, OH. It reported $136M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is The Farmers and Merchants Bank's return on assets?
1.47% annualized in Q2 2026, against a 0.77% median for 60 OH banks with half to twice its assets, ahead of 92% of them.
What is The Farmers and Merchants Bank's efficiency ratio?
55.30% in Q2 2026: it spent about 55 cents in noninterest expense for each dollar of revenue. The peer median is 76.69%, and lower is better.
Is The Farmers and Merchants Bank growing its loans?
Net loans shrank 1.5% over the year to Q2 2026, while deposits grew 1.7%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are OH banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Ohio bank ranked.