The Farmers Bank: how it compares with its peers
Against 41 TN banks with half to twice its assets, The Farmers Bank's strongest measure in Q2 2026 is net interest margin (4.75% vs. a 3.89% peer median). Its weakest relative measure is assets per employee ($6.0M vs. $7.0M).
| Measure | The Farmers Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.67% | 1.26% | Top third Ahead of 73% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.75% | 3.89% | Top third Ahead of 95% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 56.34% | 60.66% | Middle third Ahead of 61% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.0M | $7.0M | Bottom third Ahead of 24% of peers |
| Loans to deposits Net loans and leases over total deposits. | 77.64% | 82.16% | Context |
What it means for lending operations
Its efficiency ratio of 56.34% is better than the 60.66% 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
- First Community Bank of Tennessee Shelbyville, TN · $944M
- First Commerce Bank Lewisburg, TN · $935M
- The First National Bank of Middle Tennessee Mcminnville, TN · $952M
- Legends Bank Clarksville, TN · $928M
- Paragon Bank Memphis, TN · $908M
- Tennessee State Bank Pigeon Forge, TN · $991M
Questions about The Farmers Bank
How big is The Farmers Bank?
The Farmers Bank, established in 1912, is headquartered in Portland, TN. It reported $943M in total assets in its Q2 2026 FDIC call report and operates 11 offices.
What is The Farmers Bank's return on assets?
1.67% annualized in Q2 2026, against a 1.26% median for 41 TN banks with half to twice its assets, ahead of 73% of them.
What is The Farmers Bank's efficiency ratio?
56.34% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 60.66%, and lower is better.
Is The Farmers Bank growing its loans?
Net loans grew 5.3% over the year to Q2 2026, while deposits grew 5.3%.
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 TN 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 Tennessee bank ranked.