TellerScore

Farmers and Merchants Bank is a state-chartered bank headquartered in Milford, Nebraska, in business for about 77 years. At the end of Q2 2026 it reported $1.1B in total assets and $885.6M in deposits, with 12 offices.

Based on its Q2 2026 filing, Farmers and Merchants Bank scores 78/100, which we describe as strong. That is higher than 86% of 897 banks with $1 billion – $10 billion. Among 139 banks headquartered in Nebraska, it ranks 47th. Its strongest component is loan quality (100/100; 0.00%), and its lowest is earnings (56/100; 0.89%).

TellerScore · Q2 2026

Scorecard

Capital cushion56/100
Tier 1 leverage ratio: 10.64%
Loan quality100/100
Noncurrent loans ÷ total loans: 0.00%
Earnings56/100
Return on assets (annualized): 0.89%
Funding & liquidity99/100
Loans ÷ deposits and uninsured-deposit share: 26.2% · 16.0% uninsured
Problem-loan coverage100/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.00%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

The score has been essentially flat from Q2 2025 to Q2 2026 (79 → 78).

TellerScore
747780Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202474
Q3 202474
Q4 202478
Q1 202576
Q2 202579
Q3 202579
Q4 202580
Q1 202678
Q2 202678
Tier 1 leverage ratio
5.00%8.08%11.15%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.96%
Q3 202410.05%
Q4 202410.97%
Q1 20259.49%
Q2 202510.73%
Q3 202511.01%
Q4 202511.15%
Q1 202610.74%
Q2 202610.64%
Noncurrent loans
0.00%0.05%0.11%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.11%
Q3 20240.08%
Q4 20240.00%
Q1 20250.00%
Q2 20250.00%
Q3 20250.03%
Q4 20250.00%
Q1 20260.00%
Q2 20260.00%
Return on assets
0.74%0.87%1.00%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.80%
Q3 20240.74%
Q4 20240.77%
Q1 20251.00%
Q2 20250.99%
Q3 20250.95%
Q4 20250.89%
Q1 20260.87%
Q2 20260.89%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202678$1.1B10.64%0.00%0.89%26.2%
Q1 202678$1.0B10.74%0.00%0.87%26.1%
Q4 202580$987.6M11.15%0.00%0.89%29.7%
Q3 202579$956.2M11.01%0.03%0.95%29.1%
Q2 202579$972.5M10.73%0.00%0.99%28.4%
Q1 202576$969.2M9.49%0.00%1.00%28.8%
Q4 202478$966.8M10.97%0.00%0.77%31.5%
Q3 202474$918.2M10.05%0.08%0.74%32.8%
Q2 202474$911.4M9.96%0.11%0.80%33.1%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio10.64%
53rd
Total risk-based capital21.45%
94th
Problem loans0.00%
98th
Net charge-offs-0.00%
87th
Return on assets0.89%
23rd
Net interest margin2.27%
3rd
Efficiency ratio53.4%
66th
Loans to deposits26.2%
98th
Uninsured deposits16.0%
89th
Loan-loss reserves0.41%
3rd
Texas ratio0.0%
98th

Similar-size banks in Nebraska

InstitutionScoreAssetsCapitalProblem loansCompare
Cornhusker BankBank Lincoln, NE74 out of 100, Strong$1.0B10.1%0.02%vs
FirsTier BankBank Kimball, NE38 out of 100, Low$1.0B11.4%4.51%vs
Nebraskaland BankBank North Platte, NE60 out of 100, Moderate$1.1B9.1%0.29%vs
Core BankBank Omaha, NE64 out of 100, Moderate$1.1B9.8%0.11%vs
Access BankBank Omaha, NE65 out of 100, Moderate$1.1B10.7%0.51%vs
First State Bank NebraskaBank Lincoln, NE71 out of 100, Strong$1.1B9.0%0.24%vs

Deposit insurance

Is my money safe at Farmers and Merchants Bank?

Yes. Farmers and Merchants Bank is an FDIC-insured institution (FDIC certificate #16810). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 16.0% of deposits ($141.4M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 10.64%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 21.45% (benchmark: 10%).

Check how much of your own balance is covered

12 locations

Branches

Farmers and Merchants Bank lists 12 offices in 12 cities. Most locations:

  • Beaver Crossing, NE (1)
  • Ericson, NE (1)
  • Firth, NE (1)
  • Jansen, NE (1)
  • Kearney, NE (1)
  • Lawrence, NE (1)
  • Milford, NE (1)
  • Palmyra, NE (1)
  • Panama, NE (1)
  • Superior, NE (1)
  • Weeping Water, NE (1)
  • Wilber, NE (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Farmers and Merchants Bank reported 34 home-loan applications under HMDA (LEI 549300NQ6JHMRWQ5IH65): 25 originated ($4,405,000 total), 3 denied, and 6 withdrawn or closed by the applicant. Its denial rate on decided applications was 10.7%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Farmers and Merchants Bank
Type
State-chartered bank
FDIC certificate #
16810
RSSD ID
455552
Primary regulator
FDIC
Holding company
Country Bank Shares Inc
Established
July 5, 1949
Headquarters
617 1st St, Milford, NE 68405
Employees
60

Quick answers

Farmers and Merchants Bank: common questions

Is Farmers and Merchants Bank FDIC insured?

Yes. Farmers and Merchants Bank is an FDIC-insured institution (FDIC certificate #16810). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Farmers and Merchants Bank's TellerScore?

78 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Farmers and Merchants Bank ever failed?

There is no failure record for FDIC certificate #16810 in the FDIC failed bank list.

How many branches does Farmers and Merchants Bank have?

12 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Milford

InstitutionScoreAssetsCapitalProblem loansCompare
York State BankBank York, NE90 out of 100, Very strong$200.2M13.9%0.20%vs
Nebraska State Employees Credit UnionCredit union Lincoln, NE89 out of 100, Very strong$36.8M14.0%0.11%vs
Spirit of America Federal Credit UnionCredit union Lincoln, NE89 out of 100, Very strong$53.2M12.9%0.01%vs
Cattle Bank and TrustBank Seward, NE87 out of 100, Very strong$421.9M12.9%0.08%vs
Liberty First Credit UnionCredit union Lincoln, NE86 out of 100, Very strong$523.4M15.1%0.79%vs
Sun Pacific Federal Credit UnionCredit union Richmond, CA81 out of 100, Strong$29.9M20.5%1.16%vs