The Farmers Bank: how it compares with its peers
Against 66 KY banks with half to twice its assets, The Farmers Bank's strongest measure in Q2 2026 is assets per employee ($8.6M vs. a $6.1M peer median). Its weakest relative measure is net interest margin (3.34% vs. 4.00%).
| Measure | The Farmers Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.03% | 1.38% | Bottom third Ahead of 32% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.34% | 4.00% | Bottom third Ahead of 14% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 59.55% | 58.96% | Middle third Ahead of 47% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.6M | $6.1M | Top third Ahead of 89% of peers |
| Loans to deposits Net loans and leases over total deposits. | 71.57% | 83.10% | Context |
What it means for lending operations
Its efficiency ratio of 59.55% is above the 58.96% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- First Federal Savings Bank of Kentucky Frankfort, KY · $283M
- Bank of Edmonson County Brownsville, KY · $283M
- United Citizens Bank of Southern Kentucky Columbia, KY · $286M
- Bank of Jamestown Jamestown, KY · $264M
- Hometown Bank of Corbin, Inc. Corbin, KY · $302M
- Citizens Guaranty Bank Richmond, KY · $304M
Questions about The Farmers Bank
How big is The Farmers Bank?
The Farmers Bank, established in 1934, is headquartered in Nicholasville, KY. It reported $283M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is The Farmers Bank's return on assets?
1.03% annualized in Q2 2026, against a 1.38% median for 66 KY banks with half to twice its assets, ahead of 32% of them.
What is The Farmers Bank's efficiency ratio?
59.55% in Q2 2026: it spent about 60 cents in noninterest expense for each dollar of revenue. The peer median is 58.96%, and lower is better.
Is The Farmers Bank growing its loans?
Net loans grew 0.6% over the year to Q2 2026, while deposits grew 18.9%.
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 KY 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 Kentucky bank ranked.