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 FM Bank
FM Bank
| RSSD ID 20857 | CERTIFICATE 10998 | ABA NUMBER 91902793 |
| 220 Elm Ave E |
Quarter Ended : |
2025-03-31 |
| Waseca, Minnesota, 56093 |
Updated : |
2025-04-17 |
| mybankfm.com |
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| Institution Profile |
| Year Opened : |
1878 |
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 : |
6 |
Number of Employees : |
69 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 655,056 |
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Total Interest Income | 7,862 |
| Total Liabilities | 612,983 |
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Total NonInterest Income | 269 |
| Total Bank Equity Capital | 42,073 |
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Total Interest Expense | 3,319 |
| Total Deposits | 587,756 |
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Total NonInterest Expense | 2,785 |
| Net Loans & Leases | 407,099 |
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Net Income | 1,842 |
| Loan Loss Allowance | 2,210 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 52,261 |
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Total loans | 399,948 |
| Total assets for the leverage ratio | 650,280 |
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Loans secured by real estate: | 222,867 |
| Tier 1 Leverage Ratio | 7.65 |
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Commercial and industrial loans | 35,716 |
| Tier 1 Capital Ratio | 10.53 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.06 |
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Loans to individuals - Other | 2,471 |
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:· FM Bank
