Farmers & Merchants Bank of Craig County: how it compares with its peers
Against 1000 U.S. banks with half to twice its assets, Farmers & Merchants Bank of Craig County's strongest measure in Q2 2026 is efficiency ratio (56.83% vs. a 65.91% peer median). Its weakest relative measure is assets per employee ($5.8M vs. $6.4M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.31% | 1.15% | Middle third Ahead of 60% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.80% | 3.92% | Middle third Ahead of 44% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 56.83% | 65.91% | Top third Ahead of 73% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $5.8M | $6.4M | Middle third Ahead of 39% of peers |
| Loans to deposits Net loans and leases over total deposits. | 78.82% | 73.29% | Context |
What it means for lending operations
Its efficiency ratio of 56.83% is better than the 65.91% 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
- Junction National Bank Junction, TX · $93M
- First Farmers & Merchants State Bank of Grand Meadow Grand Meadow, MN · $93M
- Flat Branch Bank Richmond, MO · $93M
- The First National Bank of Trinity Trinity, TX · $93M
- Ladysmith Federal Savings and Loan Association Ladysmith, WI · $93M
- Sanborn Savings Bank Sanborn, IA · $93M
Questions about Farmers & Merchants Bank of Craig County
How big is Farmers & Merchants Bank of Craig County?
Farmers & Merchants Bank of Craig County, established in 1917, is headquartered in New Castle, VA. It reported $93M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is Farmers & Merchants Bank of Craig County's return on assets?
1.31% annualized in Q2 2026, against a 1.15% median for 1000 U.S. banks with half to twice its assets, ahead of 60% of them.
What is Farmers & Merchants Bank of Craig County's efficiency ratio?
56.83% in Q2 2026: it spent about 57 cents in noninterest expense for each dollar of revenue. The peer median is 65.91%, and lower is better.
Is Farmers & Merchants Bank of Craig County growing its loans?
Net loans grew 8.6% over the year to Q2 2026, while deposits grew 1.5%.
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 U.S. 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 Virginia bank ranked.