The Farmers and Merchants State Bank
Total assets
$36.0M
▲ +4.3% YoY
Deposits
$32.4M
▲ +3.4% YoY
Loans
$13.3M
▲ +0.2% YoY
Offices
1
SCOTLAND HOLDING CO
ROA (annualized)
1.25%
peers 0.99%
ROE (annualized)
12.71%
peers 8.07%
Peer comparison 537 banks with <100M in assets
| Metric | This bank | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | +4.3% | +3.0% | +1.3 pts |
| Deposit growth (YoY) | +3.4% | +2.5% | +0.9 pts |
| Loan growth (YoY) | +0.2% | +2.6% | -2.4 pts |
| ROA | 1.25% | 0.99% | +0.3 pts |
| ROE | 12.7% | 8.1% | +4.6 pts |
ROA ranks in the 65th percentile of its peer group · Q2 2026
Profile
- Established
- 1934
- Charter
- State
- Primary regulator
- FDIC
- Holding company
- SCOTLAND HOLDING CO
- Specialization
- Agricultural Specialization
- Address
- 550 Main St, Scotland, SD, 57059
- County
- Bon Homme
- Offices
- 1
- FDIC cert #
- 13999
- RSSD ID
- 425050
- Latest call report
- Q2 2026
Total assets last 8 quarters
Deposits last 8 quarters
Quarterly financials FDIC call report
| Quarter | Assets | Deposits | Loans | Equity | Net income YTD | ROA | NIM | Nonperforming |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $36.0M | $32.4M | $13.3M | $3.6M | $221K | 1.25% | 4.40% | 0.03% |
| Q1 2026 | $36.1M | $32.6M | $12.4M | $3.4M | $118K | 1.35% | 4.44% | 0.04% |
| Q4 2025 | $34.0M | $30.5M | $13.4M | $3.5M | $341K | 1.00% | 4.39% | 0.20% |
| Q3 2025 | $33.2M | $29.8M | $13.7M | $3.3M | $262K | 1.03% | 4.42% | 0.17% |
| Q2 2025 | $34.6M | $31.3M | $13.2M | $3.1M | $219K | 1.28% | 4.37% | 0.25% |
| Q1 2025 | $34.3M | $31.2M | $14.0M | $2.9M | $147K | 1.72% | 4.40% | 0.24% |
| Q4 2024 | $34.1M | $31.2M | $14.5M | $2.7M | $312K | 0.92% | 4.13% | 0.26% |
| Q3 2024 | $33.4M | $30.2M | $13.7M | $3.0M | $282K | 1.11% | 4.13% | 0.29% |
Loan mix (Q2 2026): real estate $2.1M · commercial $2.0M · consumer $1.8M · securities $17.0M
Ratio pack Q2 2026 · peer medians from 537 institutions
Profitability
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 1.25% | 0.99% | 65th | |
Return on equity Annualized net income ÷ equity or net worth | 12.7% | 8.1% | 75th | |
Net interest margin Interest income − interest expense, ÷ assets | 4.40% | 3.88% | 71th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 65.6% | 70.8% | 38th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Assets per office Branch efficiency; high numbers usually mean digital-first | 00.0% | 00.0% |
11 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
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