BlastPoint's Banking Scorecard
Farmers and Merchants State Bank
Micro
Specialty: Agricultural
SD
FDIC cert 501
Designations: ✓ Community bank
Plankinton, SD
2498
banks in Micro tier nationally
34 in SD
View Micro leaderboard (SD) →
Farmers and Merchants State Bank shows strong momentum with 2 strengths and 13.4% YoY asset growth
Key Strengths
Areas where this bank excels compared to peers
- + Return on Assets 1.57% above tier
- + Efficiency Ratio 28.08% below tier
Key Concerns
Areas that may need attention
No key concerns identified
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (SD) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$181.8M
+13.4% YoY
+11.6% QoQ
|
-$35.7M |
$217.5M
+2.3% YoY
|
$66.4B
+7.5% YoY
|
$5.9B
+6.5% YoY
|
46% |
| Total Loans ? |
$142.5M
+17.0% YoY
+13.9% QoQ
|
+$3.3M |
$139.2M
+2.8% YoY
|
$30.0B
+8.4% YoY
|
$3.1B
+8.5% YoY
|
58% |
| Total Deposits ? |
$153.1M
+10.4% YoY
+23.9% QoQ
|
-$30.6M |
$183.7M
+1.8% YoY
|
$53.6B
+6.8% YoY
|
$4.7B
+6.3% YoY
|
46% |
| Return on Assets ? |
2.66%
+5.9% YoY
-6.9% QoQ
|
+1.57% |
1.08%
+14.7% YoY
|
1.30%
+9.7% YoY
|
1.12%
+15.6% YoY
|
Top 3% in tier |
| Net Interest Margin ? |
4.95%
+4.9% YoY
-0.8% QoQ
|
+1.10% |
3.85%
+6.6% YoY
|
4.04%
+12.2% YoY
|
3.75%
+7.1% YoY
|
Top 10% in tier |
| Efficiency Ratio ? |
39.64%
-2.2% YoY
+1.0% QoQ
|
-28.08% |
67.73%
-4.8% YoY
|
61.23%
-7.1% YoY
|
65.09%
-5.1% YoY
|
Top 2% in tier |
| Delinquency Rate ? |
0.57%
-25.1% YoY
-24.2% QoQ
|
-0.07% |
0.64%
+24.4% YoY
|
0.56%
+87.1% YoY
|
0.66%
+20.3% YoY
|
42% |
| Loan-to-Deposit Ratio ? |
93.07%
+6.1% YoY
-8.1% QoQ
|
+18.54% |
74.53%
+0.5% YoY
|
73.14%
+0.4% YoY
|
78.04%
+0.7% YoY
|
83% |
| Non-Interest-Bearing Deposit Share ? |
17.18%
-13.3% YoY
-11.9% QoQ
|
-5.21% |
22.39%
-1.3% YoY
|
20.56%
-1.2% YoY
|
21.79%
-1.3% YoY
|
30% |
| Nonperforming Asset Ratio ? |
0.45%
-22.7% YoY
-22.7% QoQ
|
0 |
0.45%
+25.1% YoY
|
0.38%
+94.7% YoY
|
0.48%
+20.8% YoY
|
40% |
| Tier 1 Capital Ratio ? |
11.30%
-9.4% YoY
-13.1% QoQ
|
+2.45% |
8.85%
-3.4% YoY
|
11.53%
-0.1% YoY
|
9.75%
-1.9% YoY
|
56% |
| Non-Interest Income / Assets ? |
0.34%
-16.4% YoY
+27.9% QoQ
|
-0.22% |
0.56%
+0.3% YoY
|
1.02%
-4.1% YoY
|
0.65%
+0.6% YoY
|
47% |
Signature Analysis
Strengths (2)
Return on Assets
metric
Top 3%
in Micro
Why this stands out
Current:
2.66%
(Tier avg: 1.08%, National avg: 1.12%)
Efficiency Ratio
metric
Top 2%
in Micro
Why this stands out
Current:
39.64%
(Tier avg: 67.73%, National avg: 65.09%)
Concerns (0)
No concerns identified
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
98
98th pctile
Efficiency Ratio
Current: 39.64% · Tier avg: 67.73%
97
97th pctile
Return on Assets
Current: 2.66% · Tier avg: 1.08%
90
90th pctile
Net Interest Margin
Current: 4.95% · Tier avg: 3.85%
83
83th pctile
Loan-to-Deposit Ratio
Current: 93.07% · Tier avg: 74.53%
58
58th pctile
Total Loans
Current: $142.5M · Tier avg: $139.2M
56
56th pctile
Tier 1 Capital Ratio
Current: 11.30% · Tier avg: 8.85%
47
47th pctile
Non-Interest Income / Assets
Current: 0.34% · Tier avg: 0.56%
46
46th pctile
Total Deposits
Current: $153.1M · Tier avg: $183.7M
46
46th pctile
Total Assets
Current: $181.8M · Tier avg: $217.5M
42
42th pctile
Delinquency Rate
Current: 0.57% · Tier avg: 0.64%
40
40th pctile
Nonperforming Asset Ratio
Current: 0.45% · Tier avg: 0.45%
30
30th pctile
Non-Interest-Bearing Deposit Share
Current: 17.18% · Tier avg: 22.39%
Top Weaknesses
30
30th pctile
Non-Interest-Bearing Deposit Share
Current: 17.18% · Tier avg: 22.39%
40
40th pctile
Nonperforming Asset Ratio
Current: 0.45% · Tier avg: 0.45%
42
42th pctile
Delinquency Rate
Current: 0.57% · Tier avg: 0.64%
46
46th pctile
Total Assets
Current: $181.8M · Tier avg: $217.5M
46
46th pctile
Total Deposits
Current: $153.1M · Tier avg: $183.7M
47
47th pctile
Non-Interest Income / Assets
Current: 0.34% · Tier avg: 0.56%
56
56th pctile
Tier 1 Capital Ratio
Current: 11.30% · Tier avg: 8.85%
58
58th pctile
Total Loans
Current: $142.5M · Tier avg: $139.2M
83
83th pctile
Loan-to-Deposit Ratio
Current: 93.07% · Tier avg: 74.53%
90
90th pctile
Net Interest Margin
Current: 4.95% · Tier avg: 3.85%
97
97th pctile
Return on Assets
Current: 2.66% · Tier avg: 1.08%
98
98th pctile
Efficiency Ratio
Current: 39.64% · Tier avg: 67.73%