Farmers & Merchants Bank of Central California: how it compares with its peers
Against 25 CA banks with half to twice its assets, Farmers & Merchants Bank of Central California's strongest measure in Q2 2026 is return on assets (1.74% vs. a 1.29% peer median). Its weakest relative measure is efficiency ratio (44.13% vs. 48.07%).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.74% | 1.29% | Top third Ahead of 84% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.21% | 3.64% | Top third Ahead of 84% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 44.13% | 48.07% | Middle third Ahead of 60% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $15.4M | $12.7M | Top third Ahead of 74% of peers |
| Loans to deposits Net loans and leases over total deposits. | 71.16% | 85.23% | Context |
What it means for lending operations
Its efficiency ratio of 44.13% is better than the 48.07% 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
- CTBC Bank Corp. (USA) Los Angeles, CA · $5.87B
- Westamerica Bank San Rafael, CA · $5.77B
- Fremont Bank Fremont, CA · $5.97B
- River City Bank Sacramento, CA · $6.04B
- Five Star Bank Roseville, CA · $5.38B
- SMBC MANUBANK Los Angeles, CA · $6.60B
Questions about Farmers & Merchants Bank of Central California
How big is Farmers & Merchants Bank of Central California?
Farmers & Merchants Bank of Central California, established in 1916, is headquartered in Lodi, CA. It reported $5.83B in total assets in its Q2 2026 FDIC call report and operates 34 offices.
What is Farmers & Merchants Bank of Central California's return on assets?
1.74% annualized in Q2 2026, against a 1.29% median for 25 CA banks with half to twice its assets, ahead of 84% of them.
What is Farmers & Merchants Bank of Central California's efficiency ratio?
44.13% in Q2 2026: it spent about 44 cents in noninterest expense for each dollar of revenue. The peer median is 48.07%, and lower is better.
Is Farmers & Merchants Bank of Central California growing its loans?
Net loans grew 2.2% over the year to Q2 2026, while deposits grew 7.0%.
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 CA 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 California bank ranked.