Farmers and Merchants Union Bank: how it compares with its peers
Against 56 WI banks with half to twice its assets, Farmers and Merchants Union Bank's strongest measure in Q2 2026 is efficiency ratio (44.11% vs. a 60.04% peer median). Its weakest relative measure is assets per employee ($8.7M vs. $7.6M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.76% | 1.26% | Top third Ahead of 84% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.18% | 3.77% | Top third Ahead of 86% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 44.11% | 60.04% | Top third Ahead of 91% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.7M | $7.6M | Top third Ahead of 68% of peers |
| Loans to deposits Net loans and leases over total deposits. | 84.48% | 90.35% | Context |
What it means for lending operations
Its efficiency ratio of 44.11% is better than the 60.04% 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
- Bank of Sun Prairie Sun Prairie, WI · $841M
- DMB Community Bank Madison, WI · $835M
- The Bank of New Glarus New Glarus, WI · $823M
- Royal Bank Elroy, WI · $816M
- The Farmers & Merchants Bank Berlin, WI · $949M
- Hiawatha National Bank Hager City, WI · $781M
Questions about Farmers and Merchants Union Bank
How big is Farmers and Merchants Union Bank?
Farmers and Merchants Union Bank, established in 1861, is headquartered in Columbus, WI. It reported $872M in total assets in its Q2 2026 FDIC call report and operates 13 offices.
What is Farmers and Merchants Union Bank's return on assets?
1.76% annualized in Q2 2026, against a 1.26% median for 56 WI banks with half to twice its assets, ahead of 84% of them.
What is Farmers and Merchants Union Bank's efficiency ratio?
44.11% in Q2 2026: it spent about 44 cents in noninterest expense for each dollar of revenue. The peer median is 60.04%, and lower is better.
Is Farmers and Merchants Union Bank growing its loans?
Net loans grew 24.2% over the year to Q2 2026, while deposits grew 33.1%.
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 WI 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 Wisconsin bank ranked.