TellerScore

Farmers & Merchants Bank & Trust is a state-chartered bank headquartered in Marinette, Wisconsin, in business for about 124 years. At the end of Q2 2026 it reported $175.1M in total assets and $149.4M in deposits, with 3 offices.

Based on its Q2 2026 filing, Farmers & Merchants Bank & Trust scores 68/100, which we describe as moderate. That is higher than only 37% of 2,650 banks with $100 million – $1 billion. Among 154 banks headquartered in Wisconsin, it ranks 103rd. Its strongest component is problem-loan coverage (86/100; 7.0%), and its lowest is earnings (64/100; 1.10%).

TellerScore · Q2 2026

Scorecard

Capital cushion64/100
Tier 1 leverage ratio: 11.36%
Loan quality70/100
Noncurrent loans ÷ total loans: 0.91%
Earnings64/100
Return on assets (annualized): 1.10%
Funding & liquidity66/100
Loans ÷ deposits and uninsured-deposit share: 82.7% · 25.2% uninsured
Problem-loan coverage86/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 7.01%

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

From Q2 2025 to Q2 2026, the score rose 10 points (58 → 68), mostly because the loan quality component improved by 19 points.

TellerScore
556268Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202458
Q3 202456
Q4 202455
Q1 202558
Q2 202558
Q3 202563
Q4 202562
Q1 202666
Q2 202668
Tier 1 leverage ratio
5.00%8.18%11.37%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.94%
Q3 202410.94%
Q4 202410.82%
Q1 202510.76%
Q2 202510.99%
Q3 202511.23%
Q4 202511.11%
Q1 202611.37%
Q2 202611.36%
Noncurrent loans
0.91%1.26%1.61%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20241.39%
Q3 20241.57%
Q4 20241.61%
Q1 20251.44%
Q2 20251.46%
Q3 20251.12%
Q4 20251.07%
Q1 20261.21%
Q2 20260.91%
Return on assets
0.43%0.79%1.15%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.51%
Q3 20240.45%
Q4 20240.43%
Q1 20250.65%
Q2 20250.61%
Q3 20250.67%
Q4 20250.61%
Q1 20261.15%
Q2 20261.10%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202668$175.1M11.36%0.91%1.10%82.7%
Q1 202666$173.6M11.37%1.21%1.15%81.4%
Q4 202562$174.0M11.11%1.07%0.61%80.5%
Q3 202563$170.3M11.23%1.12%0.67%77.7%
Q2 202558$168.8M10.99%1.46%0.61%81.8%
Q1 202558$168.5M10.76%1.44%0.65%79.9%
Q4 202455$173.0M10.82%1.61%0.43%77.7%
Q3 202456$168.0M10.94%1.57%0.45%80.8%
Q2 202458$164.5M10.94%1.39%0.51%83.6%

2,650 peers · $100 million – $1 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 ratio11.36%
56th
Total risk-based capital17.35%
79th
Problem loans0.91%
30th
Net charge-offs0.00%
68th
Return on assets1.10%
41st
Net interest margin4.37%
74th
Efficiency ratio68.1%
34th
Loans to deposits82.7%
44th
Uninsured deposits25.2%
45th
Loan-loss reserves1.02%
29th
Texas ratio7.0%
27th

Similar-size banks in Wisconsin

InstitutionScoreAssetsCapitalProblem loansCompare
The Bank of KaukaunaBank Kaukauna, WI66 out of 100, Moderate$176.3M8.9%0.00%vs
State Bank of ReesevilleBank Reeseville, WI68 out of 100, Moderate$169.5M9.6%0.01%vs
First Community BankBank Milton, WI77 out of 100, Strong$158.9M10.4%0.34%vs
Bristol Morgan BankBank Oakfield, WI66 out of 100, Moderate$191.2M10.3%0.43%vs
GreenLeaf BankBank Greenleaf, WI69 out of 100, Moderate$158.7M9.6%0.58%vs
Oakwood BankBank Pigeon Falls, WI62 out of 100, Moderate$156.4M8.5%0.84%vs

Deposit insurance

Is my money safe at Farmers & Merchants Bank & Trust?

Yes. Farmers & Merchants Bank & Trust is an FDIC-insured institution (FDIC certificate #10382). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 25.2% of deposits ($37.6M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 11.36%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 17.35% (benchmark: 10%).

Check how much of your own balance is covered

3 locations

Branches

Farmers & Merchants Bank & Trust lists 3 offices in 2 cities. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Farmers & Merchants Bank & Trust
Former names
Farmers and Merchants Bank of Marinette
Type
State-chartered bank
FDIC certificate #
10382
RSSD ID
672247
Primary regulator
FDIC
Holding company
F&m Bankshares Inc
Established
December 2, 1902
Headquarters
1644 Ludington St, Marinette, WI 54143
Employees
41

Quick answers

Farmers & Merchants Bank & Trust: common questions

Is Farmers & Merchants Bank & Trust FDIC insured?

Yes. Farmers & Merchants Bank & Trust is an FDIC-insured institution (FDIC certificate #10382). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Farmers & Merchants Bank & Trust's TellerScore?

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

Has Farmers & Merchants Bank & Trust ever failed?

There is no failure record for FDIC certificate #10382 in the FDIC failed bank list.

How many branches does Farmers & Merchants Bank & Trust have?

3 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Marinette

InstitutionScoreAssetsCapitalProblem loansCompare
Bay Shore Credit UnionCredit union Marinette, WI92 out of 100, Very strong$48.2M18.6%0.27%vs
North Shore BankBank Brookfield, WI84 out of 100, Strong$2.6B14.4%0.10%vs
N.E.W. Credit UnionCredit union Oconto Falls, WI77 out of 100, Strong$178.2M11.1%0.36%vs
Forward Financial Credit UnionCredit union Niagara, WI75 out of 100, Strong$85.9M13.5%0.79%vs
The Peshtigo National BankBank Peshtigo, WI69 out of 100, Moderate$300.0M9.0%0.00%vs
Capital Credit UnionCredit union Green Bay, WI69 out of 100, Moderate$2.8B12.3%0.90%vs