The Farmers and Merchants National Bank of Nashville is a national bank headquartered in Nashville, Illinois, in business for about 120 years. At the end of Q2 2026 it reported $270.3M in total assets and $242.6M in deposits, with 8 offices.
Based on its Q2 2026 filing, The Farmers and Merchants National Bank of Nashville scores 78/100, which we describe as strong. That is higher than 72% of 2,650 banks with $100 million – $1 billion. Among 326 banks headquartered in Illinois, it ranks 80th. Its strongest component is problem-loan coverage (90/100; 5.2%), and its lowest is capital cushion (66/100; 11.60%).
TellerScore · Q2 2026
Scorecard
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 fell 3 points (81 → 78), mostly because the loan quality component weakened by 16 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 76 |
| Q3 2024 | 77 |
| Q4 2024 | 79 |
| Q1 2025 | 82 |
| Q2 2025 | 81 |
| Q3 2025 | 82 |
| Q4 2025 | 74 |
| Q1 2026 | 80 |
| Q2 2026 | 78 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.60% |
| Q3 2024 | 10.76% |
| Q4 2024 | 11.12% |
| Q1 2025 | 11.47% |
| Q2 2025 | 11.19% |
| Q3 2025 | 11.25% |
| Q4 2025 | 11.33% |
| Q1 2026 | 11.61% |
| Q2 2026 | 11.60% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.08% |
| Q3 2024 | 0.08% |
| Q4 2024 | 0.08% |
| Q1 2025 | 0.08% |
| Q2 2025 | 0.12% |
| Q3 2025 | 0.00% |
| Q4 2025 | 0.81% |
| Q1 2026 | 0.33% |
| Q2 2026 | 0.61% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.09% |
| Q3 2024 | 1.18% |
| Q4 2024 | 1.29% |
| Q1 2025 | 1.53% |
| Q2 2025 | 1.56% |
| Q3 2025 | 1.55% |
| Q4 2025 | 1.54% |
| Q1 2026 | 1.55% |
| Q2 2026 | 1.61% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 78 | $270.3M | 11.60% | 0.61% | 1.61% | 75.6% |
| Q1 2026 | 80 | $280.0M | 11.61% | 0.33% | 1.55% | 70.5% |
| Q4 2025 | 74 | $278.0M | 11.33% | 0.81% | 1.54% | 75.2% |
| Q3 2025 | 82 | $287.8M | 11.25% | 0.00% | 1.55% | 67.5% |
| Q2 2025 | 81 | $267.4M | 11.19% | 0.12% | 1.56% | 71.0% |
| Q1 2025 | 82 | $268.9M | 11.47% | 0.08% | 1.53% | 70.8% |
| Q4 2024 | 79 | $259.9M | 11.12% | 0.08% | 1.29% | 73.5% |
| Q3 2024 | 77 | $275.9M | 10.76% | 0.08% | 1.18% | 66.9% |
| Q2 2024 | 76 | $264.6M | 10.60% | 0.08% | 1.09% | 72.8% |
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).
Similar-size banks in Illinois
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| North Shore Trust and SavingsBank Waukegan, IL | 74 out of 100, Strong | $270.3M | 25.2% | 1.87% | vs |
| Community First Bank of the HeartlandBank Mount Vernon, IL | 76 out of 100, Strong | $266.8M | 10.1% | 0.66% | vs |
| First National Bank of SteelevilleBank Steeleville, IL | 90 out of 100, Very strong | $274.5M | 13.5% | 0.44% | vs |
| First Bank of ManhattanBank Manhattan, IL | 79 out of 100, Strong | $265.9M | 10.2% | 0.00% | vs |
| PeopleFirst BankBank Joliet, IL | 78 out of 100, Strong | $265.6M | 12.3% | 0.13% | vs |
| SouthernTrust BankBank Marion, IL | 47 out of 100, Below average | $278.5M | 10.2% | 2.59% | vs |
Deposit insurance
Is my money safe at The Farmers and Merchants National Bank of Nashville?
Yes. The Farmers and Merchants National Bank of Nashville is an FDIC-insured institution (FDIC certificate #3821). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 19.6% of deposits ($47.7M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 11.60%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 16.15% (benchmark: 10%).
8 locations
Branches
The Farmers and Merchants National Bank of Nashville lists 7 offices in 7 cities. Most locations:
- Ashley, IL (1)
- Dubois, IL (1)
- Hoyleton, IL (1)
- Lebanon, IL (1)
- Mascoutah, IL (1)
- Nashville, IL (1)
- O'Fallon, IL (1)
HMDA 2025
Mortgage lending
In 2025, The Farmers and Merchants National Bank of Nashville reported 52 home-loan applications under HMDA (LEI 549300OA8B0OLDA16R42): 43 originated ($8,775,000 total), 4 denied, and 0 withdrawn or closed by the applicant. Its denial rate on decided applications was 7.7%, 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
- The Farmers and Merchants National Bank of Nashville
- Type
- National bank
- FDIC certificate #
- 3821
- RSSD ID
- 513546
- Primary regulator
- OCC
- Holding company
- Farmers&merchants Bancshares
- Established
- May 10, 1906
- Headquarters
- 120 W Saint Louis St, Nashville, IL 62263
- Website
- www.bankwithfmb.com
- Employees
- 50
Quick answers
The Farmers and Merchants National Bank of Nashville: common questions
Is The Farmers and Merchants National Bank of Nashville FDIC insured?
Yes. The Farmers and Merchants National Bank of Nashville is an FDIC-insured institution (FDIC certificate #3821). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The Farmers and Merchants National Bank of Nashville'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 The Farmers and Merchants National Bank of Nashville ever failed?
There is no failure record for FDIC certificate #3821 in the FDIC failed bank list.
How many branches does The Farmers and Merchants National Bank of Nashville have?
8 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Nashville
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First National Bank of SteelevilleBank Steeleville, IL | 90 out of 100, Very strong | $274.5M | 13.5% | 0.44% | vs |
| Germantown Trust & Savings BankBank Breese, IL | 87 out of 100, Very strong | $523.6M | 11.6% | 0.13% | vs |
| Nashville Savings BankBank Nashville, IL | 84 out of 100, Strong | $107.9M | 12.9% | 0.00% | vs |
| The First National Bank of SpartaBank Sparta, IL | 84 out of 100, Strong | $114.6M | 12.6% | 0.56% | vs |
| The First National Bank of OkawvilleBank Okawville, IL | 80 out of 100, Strong | $66.3M | 12.5% | 0.11% | vs |
| The Old Exchange National Bank of OkawvilleBank Okawville, IL | 80 out of 100, Strong | $91.3M | 11.1% | 0.19% | vs |