Farmers Bank: how it compares with its peers
Against 17 TN banks with half to twice its assets, Farmers Bank's strongest measure in Q2 2026 is net interest margin (5.31% vs. a 3.91% peer median). Its weakest relative measure is efficiency ratio (88.04% vs. 68.15%).
| Measure | Farmers Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.23% | 0.89% | Bottom third Ahead of 12% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.31% | 3.91% | Top third Ahead of 94% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 88.04% | 68.15% | Bottom third Ahead of 6% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.6M | $6.1M | Bottom third Ahead of 12% of peers |
| Loans to deposits Net loans and leases over total deposits. | 89.15% | 74.84% | Context |
What it means for lending operations
Its efficiency ratio of 88.04% is above the 68.15% 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
- Lawrenceburg Federal Bank Lawrenceburg, TN · $95M
- Union Bank & Trust Company Livingston, TN · $98M
- The Bank of Milan Milan, TN · $101M
- Highland Federal Savings and Loan Association Crossville, TN · $79M
- The Peoples Bank Sardis, TN · $113M
- The Lauderdale County Bank Halls, TN · $68M
Questions about Farmers Bank
How big is Farmers Bank?
Farmers Bank, established in 1907, is headquartered in Parsons, TN. It reported $95M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Farmers Bank's return on assets?
0.23% annualized in Q2 2026, against a 0.89% median for 17 TN banks with half to twice its assets, ahead of 12% of them.
What is Farmers Bank's efficiency ratio?
88.04% in Q2 2026: it spent about 88 cents in noninterest expense for each dollar of revenue. The peer median is 68.15%, and lower is better.
Is Farmers Bank growing its loans?
Net loans grew 32.9% over the year to Q2 2026, while deposits grew 33.4%.
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.