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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 : |
2025-03-31 |
Appleton, Minnesota, 56208 |
Updated : |
2025-04-07 |
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 | 60,794 |
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Total Interest Income | 902 |
Total Liabilities | 53,628 |
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Total NonInterest Income | 31 |
Total Bank Equity Capital | 7,166 |
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Total Interest Expense | 192 |
Total Deposits | 53,495 |
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Total NonInterest Expense | 287 |
Net Loans & Leases | 48,470 |
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Net Income | 429 |
Loan Loss Allowance | 1,127 |
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Net Charge Offs | 0 |
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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 | 49,550 |
Total assets for the leverage ratio | 61,426 |
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Loans secured by real estate: | 25,885 |
Tier 1 Leverage Ratio | 11.86 |
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Commercial and industrial loans | 5,381 |
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 | 1,287 |
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