Farmers & Merchants Bank: how it compares with its peers
Against 74 GA banks with half to twice its assets, Farmers & Merchants Bank's strongest measure in Q2 2026 is assets per employee ($8.5M vs. a $6.8M peer median). Its weakest relative measure is net interest margin (2.86% vs. 4.57%).
| Measure | Farmers & Merchants Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.55% | 1.57% | Bottom third Ahead of 9% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.86% | 4.57% | Bottom third Ahead of 7% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 72.89% | 59.17% | Bottom third Ahead of 14% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.5M | $6.8M | Top third Ahead of 73% of peers |
| Loans to deposits Net loans and leases over total deposits. | 54.35% | 79.37% | Context |
What it means for lending operations
Its efficiency ratio of 72.89% is above the 59.17% 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
- Georgia First Bank Soperton, GA · $291M
- Community Banking Company Fitzgerald, GA · $297M
- Durden Banking Company, Incorporated Twin City, GA · $299M
- First Federal Savings and Loan Association of Valdosta Valdosta, GA · $278M
- The Claxton Bank Bellville, GA · $305M
- Craft Bank Atlanta, GA · $306M
Questions about Farmers & Merchants Bank
How big is Farmers & Merchants Bank?
Farmers & Merchants Bank, established in 1922, is headquartered in Eatonton, GA. It reported $290M in total assets in its Q2 2026 FDIC call report and operates 2 offices.
What is Farmers & Merchants Bank's return on assets?
0.55% annualized in Q2 2026, against a 1.57% median for 74 GA banks with half to twice its assets, ahead of 9% of them.
What is Farmers & Merchants Bank's efficiency ratio?
72.89% in Q2 2026: it spent about 73 cents in noninterest expense for each dollar of revenue. The peer median is 59.17%, and lower is better.
Is Farmers & Merchants Bank growing its loans?
Net loans grew 14.7% over the year to Q2 2026, while deposits shrank 10.8%.
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 GA 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 Georgia bank ranked.