FM Bank

Chartered Bank Active FDIC Insured
Health Score
9.2 / 10

220 Elm Ave E, Waseca, MN 56093

Financial Overview

Total Assets $702.6M
Total Deposits $626.6M
Profitability (ROA) 1.43%
Shareholder Return (ROE) 18.21%
Capital Cushion (Eq/Assets) 7.96%
Established 01/01/1878

Financial Health Analysis

FM Bank is a currently active agricultural specialization banking institution headquartered in Waseca, Minnesota. Established in 01/01/1878, this institution operates under regulatory supervision and is fully insured by the FDIC.

As a financial institution, FM Bank manages $702.6M in total assets and holds $626.6M in customer deposits. When evaluating the stability of FM Bank, one of the most critical metrics is its Capital Cushion (Equity-to-Assets Ratio). At 7.96%, this indicates how much financial loss the bank can absorb before depositors' funds are placed at risk. A strong equity cushion is a key indicator of a bank's ability to weather economic downturns.

In terms of operational efficiency, the bank's Return on Assets (ROA) is 1.43%, while its Return on Equity (ROE) sits at 18.21%. These robust metrics contribute to an overall health score of 9.2 out of 10, signaling a well-capitalized and efficiently managed operation that effectively balances risk and shareholder return.

Risk & Growth Profiles

✓ Clean Regulatory Record

No recent history of FDIC conservatorship or financial failure.

Deposit Momentum

$104.4M avg deposits per branch.

Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.

Operations & Contact

Contact

Website: mybankfm.com

FDIC Certificate #: 10998

Specialization: Agricultural Specialization

Location

220 Elm Ave E

Waseca, Minnesota 56093

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