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Farmers and Merchants State Bank of Appleton
Farmers and Merchants State Bank of Appleton
| RSSD ID 269759 | CERTIFICATE 8845 | ABA NUMBER 91211963 |
| 239 N Miles St |
Quarter Ended : |
2025-06-30 |
| Appleton, Minnesota, 56208 |
Updated : |
2025-07-09 |
| www.farmers-merchants.com |
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| Institution Profile |
| Year Opened : |
1915 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
8 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 59,382 |
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Total Interest Income | 1,803 |
| Total Liabilities | 51,924 |
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Total NonInterest Income | 66 |
| Total Bank Equity Capital | 7,458 |
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Total Interest Expense | 386 |
| Total Deposits | 51,384 |
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Total NonInterest Expense | 596 |
| Net Loans & Leases | 50,479 |
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Net Income | 837 |
| Loan Loss Allowance | 1,160 |
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Net Charge Offs | (8) |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 51,706 |
| Total assets for the leverage ratio | 59,115 |
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Loans secured by real estate: | 26,619 |
| Tier 1 Leverage Ratio | 12.73 |
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Commercial and industrial loans | 4,615 |
| Off Balance Sheet Exposures (%) | 0 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,460 |
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