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Farmers And Merchants State Bank Of Appleton
Appleton, MN · FDIC Certificate #8845 · Chartered 02/2
Total assets
$61.97M
Total deposits
$53.81M
Total equity
$8.03M
Net loans
$49.97M
Branches (offices)
1
Net income (YTD)
$1.00M
Rank: #3,954 of 4,213 U.S. banks by assets · #196 of 221 in Minnesota. Assets changed 4.4% and deposits 4.7% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 3.27% |
| Return on equity | 25.07% |
| Net interest margin (YTD) | 5.12% |
| Equity to assets | 12.96% |
| Tier 1 leverage ratio | 12.99% |
| Uninsured deposits (share of deposits) | 21.2% |
| Noncurrent loans (share of loans) | 1.89% |
| Net charge-offs (share of loans) | 0.03% |
| Loans to deposits | 92.9% |
| Real estate loans (share of loans) | 55.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $27.47M | 55.0% | |
| Commercial & industrial | $4.09M | 8.2% | |
| Consumer / individual | $1.79M | 3.6% | |
| Construction & development | $0 | 0.0% | |
| Agricultural | $17.73M | 35.5% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $61.69M | $55.02M | $672.00K | $6.66M |
| Jun 2023 | $60.08M | $53.32M | $807.00K | $6.72M |
| Jun 2024 | $64.34M | $51.10M | $693.00K | $6.98M |
| Jun 2025 | $59.38M | $51.38M | $837.00K | $7.46M |
| Jun 2026 | $61.97M | $53.81M | $1.00M | $8.03M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $53.81M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $53.81M.
Similar-sized banks
City National Bank ($61.98M) · First Security Bank ($61.92M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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