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BlastPoint's Banking Scorecard

Farmers and Merchants State Bank of Appleton

under $100M Specialty: Agricultural MN FDIC cert 8845

Designations: Community bank

Appleton, MN

537 banks in the under $100M peer group nationally 54 in MN
View under $100M leaderboard (MN) →

Farmers and Merchants State Bank of Appleton has 3 strengths but faces 1 concern

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Return on Assets 2.38% above tier average
  • + Net Interest Margin 1.29% above tier average
  • + Efficiency Ratio 53.49% below tier average

Key Concerns

Areas that may need attention

  • - Delinquency Rate 0.52% above tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $61.2M
+0.6% YoY +1.2% QoQ
-$1.1M $62.3M
-0.5% YoY
$514.9M
+5.5% YoY
$6.2B
+9.0% YoY
46%
Total Loans ? $48.2M
-0.5% YoY -4.7% QoQ
+$13.9M $34.3M
-1.5% YoY
$289.5M
+6.9% YoY
$3.2B
+10.7% YoY
74%
Total Deposits ? $53.3M
-0.3% YoY +4.4% QoQ
+$1.5M $51.8M
-0.6% YoY
$445.6M
+5.0% YoY
$4.8B
+8.0% YoY
51%
Return on Assets ? 3.24%
+14.9% YoY +4.4% QoQ
+2.38% 0.86%
-3.6% YoY
1.14%
+11.1% YoY
1.24%
+13.1% YoY
Top 2.8% in tier
Net Interest Margin ? 5.16%
+1.1% YoY -0.5% QoQ
+1.29% 3.87%
+2.7% YoY
3.93%
+7.5% YoY
3.89%
+5.7% YoY
Top 7.4% in tier
Efficiency Ratio ? 34.14%
-11.9% YoY -11.9% QoQ
-53.49% 87.63%
+2.3% YoY
64.52%
-3.4% YoY
66.84%
-3.8% YoY
Top 1.1% in tier
Delinquency Rate ? 1.88%
+8.5% YoY -3.5% QoQ
+0.52% 1.36%
+33.7% YoY
1.04%
+28.5% YoY
0.95%
+18.8% YoY
23%
Loan-to-Deposit Ratio ? 90.42%
-0.2% YoY -8.7% QoQ
+26.31% 64.11%
-0.9% YoY
76.74%
-0.5% YoY
76.69%
+0.9% YoY
15%
Non-Interest-Bearing Deposit Share ? 35.26%
+0.6% YoY -2.0% QoQ
+11.47% 23.79%
+0.5% YoY
21.89%
-0.8% YoY
22.01%
-1.1% YoY
Top 13.4% in tier
Nonperforming Asset Ratio ? 1.48%
-29.1% YoY -9.1% QoQ
+0.71% 0.77%
+28.7% YoY
0.77%
+26.8% YoY
0.66%
+19.3% YoY
16%
Tier 1 Capital Ratio ? 12.66%
+6.7% YoY -6.9% QoQ
-14.11% 26.77%
+2.0% YoY
15.37%
+0.7% YoY
17.06%
+0.8% YoY
28%
Non-Interest Income / Assets ? 0.05%
+2.6% YoY -91.5% QoQ
-0.62% 0.67%
+1.6% YoY
0.15%
+3.6% YoY
0.32%
+4.0% YoY
45%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (0)

No matched concern signatures this quarter

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 537 peers in under $100M

Top Strengths (4 metrics)

7
Efficiency Ratio
profitability
Value: 34.14%
Peer Median: 87.63%
#7 of 537 Top 1.1% in under $100M
16
Return on Assets
profitability
Value: 3.24%
Peer Median: 0.86%
#16 of 537 Top 2.8% in under $100M
41
Net Interest Margin
profitability
Value: 5.16%
Peer Median: 3.87%
#41 of 537 Top 7.4% in under $100M
73
Non-Interest-Bearing Deposit Share
funding
Value: 35.26%
Peer Median: 23.79%
#73 of 537 Top 13.4% in under $100M

Top Weaknesses (3 metrics)

457
Loan-to-Deposit Ratio
liquidity
Value: 90.42%
Peer Median: 64.11%
#457 of 537 Bottom 15.1% in under $100M
453
Nonperforming Asset Ratio
credit_quality
Value: 1.48%
Peer Median: 0.77%
#453 of 537 Bottom 15.8% in under $100M
399
Delinquency Rate
credit_quality
Value: 1.88%
Peer Median: 1.36%
#399 of 517 Bottom 23.0% in under $100M
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