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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 equity | 18.05% |
| Net interest margin (YTD) | 3.39% |
| Equity to assets | 7.93% |
| Tier 1 leverage ratio | 7.66% |
| Uninsured deposits (share of deposits) | 45.4% |
| Noncurrent loans (share of loans) | 0.00% |
| Net charge-offs (share of loans) | -0.00% |
| Loans to deposits | 77.3% |
| Real estate loans (share of loans) | 57.9% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| 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)
| Period | Total assets | Deposits | Net 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)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $636.13M | 6 |
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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