Farmers & Merchants State Bank
Waterloo, WI — Non-member Bank
Active
Net Interest Margin Over Time
| Net Interest Margin | Farmers & Merchants State Bank | All Insured Commercial Banks in Wisconsin |
| 12-31-2016 | 3.415 | 3.727 |
| 09-30-2016 | 3.374 | 3.736 |
| 06-30-2016 | 3.292 | 3.73 |
| 03-31-2016 | 3.294 | 3.701 |
| 12-31-2015 | 3.392 | 3.76 |
| 09-30-2015 | 3.438 | 3.76 |
| 06-30-2015 | 3.45 | 3.746 |
| 03-31-2015 | 3.405 | 3.703 |
| 12-31-2014 | 3.429 | 3.787 |
| 09-30-2014 | 3.381 | 3.786 |
| 06-30-2014 | 3.324 | 3.77 |
| 03-31-2014 | 3.256 | 3.732 |
| 12-31-2013 | 3.515 | 3.812 |
| 09-30-2013 | 3.514 | 3.811 |
| 06-30-2013 | 3.471 | 3.784 |
| 03-31-2013 | 3.342 | 3.756 |
| 12-31-2012 | 3.795 | 3.955 |
| 09-30-2012 | 3.789 | 3.947 |
| 06-30-2012 | 3.704 | 3.943 |
| 03-31-2012 | 3.599 | 3.926 |
| 12-31-2011 | 3.59 | 3.996 |
| 09-30-2011 | 3.509 | 3.988 |
| 06-30-2011 | 3.398 | 3.954 |
| 03-31-2011 | 3.316 | 3.889 |
| 12-31-2010 | 3.355 | 3.929 |
| 09-30-2010 | 3.303 | 3.907 |
| 06-30-2010 | 3.163 | 3.877 |
| 03-31-2010 | 3.096 | 3.828 |
| 12-31-2009 | 3.118 | 3.75 |
| 09-30-2009 | 3.192 | 3.726 |
| 06-30-2009 | 3.179 | 3.713 |
| 03-31-2009 | 3.321 | 3.679 |
| 12-31-2008 | 3.299 | 3.751 |
| 09-30-2008 | 3.361 | 3.74 |
| 06-30-2008 | 3.382 | 3.716 |
| 03-31-2008 | 3.415 | 3.73 |
| 12-31-2007 | 3.436 | 3.803 |
| 09-30-2007 | 3.4 | 3.793 |
| 06-30-2007 | 3.518 | 3.791 |
| 03-31-2007 | 3.56 | 3.744 |
| 12-31-2006 | 3.571 | 3.921 |
| 09-30-2006 | 3.551 | 3.936 |
| 06-30-2006 | 3.527 | 3.933 |
| 03-31-2006 | 3.572 | 3.923 |
| 12-31-2005 | 3.887 | 4.112 |
| 09-30-2005 | 3.975 | 4.113 |
| 06-30-2005 | 3.97 | 4.125 |
| 03-31-2005 | 3.986 | 4.1 |
| 12-31-2004 | 4.166 | 4.144 |
| 09-30-2004 | 4.171 | 4.126 |
| 06-30-2004 | 4.229 | 4.103 |
| 03-31-2004 | 4.315 | 4.081 |
| 12-31-2003 | 4.403 | 4.175 |
| 09-30-2003 | 4.48 | 4.174 |
| 06-30-2003 | 4.486 | 4.177 |
| 03-31-2003 | 4.516 | 4.188 |
| 12-31-2002 | 4.652 | 4.351 |