Farmers & Merchants State Bank
Ladonia, TX — Domestic Branch of a Domestic Bank
Acquired Dec 2005
Net Interest Margin Over Time
| Net Interest Margin | Farmers & Merchants State Bank | All Insured Commercial Banks in Texas |
| 09-30-2005 | 3.853 | 4.458 |
| 06-30-2005 | 3.914 | 4.405 |
| 03-31-2005 | 3.859 | 4.377 |
| 12-31-2004 | 3.273 | 4.362 |
| 09-30-2004 | 3.258 | 4.344 |
| 06-30-2004 | 3.268 | 4.301 |
| 03-31-2004 | 3.191 | 4.304 |
| 12-31-2003 | 3.303 | 4.327 |
| 09-30-2003 | 3.331 | 4.323 |
| 06-30-2003 | 3.293 | 4.347 |
| 03-31-2003 | 3.317 | 4.348 |
| 12-31-2002 | 3.709 | 4.573 |