Farmers and Merchants State Bank of Appleton
Appleton, MN · Cert 8845 · Peer group: banks under $1B in assets in MN (n=111-113) · MPS Investment Co.
State charter, non-member · FDIC · 1 branch
Q2 2026
$62.0MAssets
$51.2MLoans
$53.8MDeposits
$8.0MEquity
Executive Summary
- Strongest standing: efficiency ratio outperforms 100% of banks under $1B in assets in MN (rank 1 of 113).
- Widest gap: nonperforming loans / loans trails 76% of banks under $1B in assets in MN (rank 85 of 111).
- Overall: at or above the peer median on 5 of 9 directional measures.
Return on Assets
2.53%
Rank 4 of 113
Net Interest Margin
4.63%
Rank 11 of 113
Efficiency Ratio
33.42%
Rank 1 of 113
Equity / Assets
12.96%
Rank 21 of 113
Non-interest income vs. expense
Unfavorable gap of $0.9M · efficiency ratio beats 100% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 2.53% | 0.87% | 1.20% | 1.41% | Beats 96% | 4 / 113 | | |
| Return on Equity | 19.55% | 8.92% | 11.27% | 13.99% | Beats 94% | 7 / 113 | | |
| Net Interest Margin | 4.63% | 3.42% | 3.88% | 4.31% | Beats 90% | 11 / 113 | | |
| Efficiency Ratio | 33.42% | 54.13% | 61.48% | 69.86% | Beats 100% | 1 / 113 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.89% | 0.09% | 0.58% | 1.82% | Beats 24% | 85 / 111 | | |
| Net Charge-Offs / Loans | 0.03% | n/a | 0.00% | 0.04% | Beats 31% | 78 / 111 | | |
| Capital |
| Tier 1 Capital Ratio | 12.99% | 11.53% | 13.31% | 18.13% | Beats 46% | 61 / 113 | | |
| Total Risk-Based Capital Ratio | 12.99% | 12.12% | 14.43% | 19.39% | Beats 36% | 72 / 113 | | |
| Equity / Assets | 12.96% | 8.52% | 10.10% | 11.94% | Beats 81% | 21 / 113 | | |
| Liquidity & Funding |
| Loans / Deposits | 95.07% | 62.08% | 77.32% | 88.06% | 85th pctl | 17 / 111 | | |
| Loans / Assets | 82.55% | 55.01% | 66.35% | 75.50% | 88th pctl | 14 / 113 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |