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Banks · Minnesota

Fm Bank

Waseca, MN · FDIC Certificate #10998 · Chartered 01/0

Total assets
$738.44M
Total deposits
$636.13M
Total equity
$58.55M
Net loans
$491.69M
Branches (offices)
6
Net income (YTD)
$5.10M
Rank: #1,322 of 4,213 U.S. banks by assets · #31 of 221 in Minnesota. Assets changed 9.7% and deposits 5.6% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.42%
Return on equity18.05%
Net interest margin (YTD)3.39%
Equity to assets7.93%
Tier 1 leverage ratio7.66%
Uninsured deposits (share of deposits)45.4%
Noncurrent loans (share of loans)0.00%
Net charge-offs (share of loans)-0.00%
Loans to deposits77.3%
Real estate loans (share of loans)57.9%

Loan mix

CategoryAmountShare
Real estate loans$284.45M
57.9%
Commercial & industrial$35.62M
7.2%
Consumer / individual$4.35M
0.9%
Construction & development$28.33M
5.8%
Agricultural$157.20M
32.0%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$477.46M$437.00M$2.23M$23.36M
Jun 2023$582.35M$536.97M$4.93M$35.18M
Jun 2024$625.65M$574.65M$2.62M$37.99M
Jun 2025$673.13M$602.44M$3.82M$45.48M
Jun 2026$738.44M$636.13M$5.10M$58.55M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$636.13M6

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $636.13M.

Similar-sized banks

Platinum Bank ($739.06M) · Lea County State Bank ($738.34M)

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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