Farmers & Merchants Bank: how it compares with its peers
Against 61 OH banks with half to twice its assets, Farmers & Merchants Bank's strongest measure in Q2 2026 is efficiency ratio (48.10% vs. a 72.34% peer median). Its weakest relative measure is net interest margin (4.43% vs. 3.66%).
| Measure | Farmers & Merchants Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.85% | 0.87% | Top third Ahead of 93% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.43% | 3.66% | Top third Ahead of 82% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 48.10% | 72.34% | Top third Ahead of 95% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.2M | $6.4M | Top third Ahead of 85% of peers |
| Loans to deposits Net loans and leases over total deposits. | 92.91% | 81.17% | Context |
What it means for lending operations
Its efficiency ratio of 48.10% is better than the 72.34% 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
- The Hocking Valley Bank Athens, OH · $354M
- First Federal Community Bank of Bucyrus Bucyrus, OH · $374M
- RiverHills Bank Milford, OH · $341M
- The Citizens Bank Company Beverly, OH · $335M
- The Fahey Banking Company Marion, OH · $385M
- THE HOME LOAN SAVINGS BANK Coshocton, OH · $387M
Questions about Farmers & Merchants Bank
How big is Farmers & Merchants Bank?
Farmers & Merchants Bank, established in 1923, is headquartered in Miamisburg, OH. It reported $359M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Farmers & Merchants Bank's return on assets?
1.85% annualized in Q2 2026, against a 0.87% median for 61 OH banks with half to twice its assets, ahead of 93% of them.
What is Farmers & Merchants Bank's efficiency ratio?
48.10% in Q2 2026: it spent about 48 cents in noninterest expense for each dollar of revenue. The peer median is 72.34%, and lower is better.
Is Farmers & Merchants Bank growing its loans?
Net loans grew 4.6% over the year to Q2 2026, while deposits grew 4.5%.
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 OH 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 Ohio bank ranked.