FM Bank
Waseca, MN · Cert 10998 · Peer group: banks under $1B in assets in MN (n=111-113) · Independent Bancshares Inc.
State charter, non-member · FDIC · 1 affiliate bank · 6 branches (9 in holding)
Q2 2026
$738.4MAssets
$494.6MLoans
$636.1MDeposits
$58.5MEquity
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in MN (rank 12 of 111).
- Widest gap: equity / assets trails 87% of banks under $1B in assets in MN (rank 98 of 113).
- Overall: at or above the peer median on 4 of 9 directional measures.
Return on Assets
1.11%
Rank 63 of 113
Net Interest Margin
3.03%
Rank 96 of 113
Efficiency Ratio
52.58%
Rank 20 of 113
Equity / Assets
7.93%
Rank 98 of 113
Non-interest income vs. expense
Unfavorable gap of $11.6M · efficiency ratio beats 83% of banks under $1B in assets in MN | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.11% | 0.87% | 1.20% | 1.41% | Beats 44% | 63 / 113 | | |
| Return on Equity | 14.01% | 8.92% | 11.27% | 13.99% | Beats 75% | 28 / 113 | | |
| Net Interest Margin | 3.03% | 3.42% | 3.88% | 4.31% | Beats 15% | 96 / 113 | | |
| Efficiency Ratio | 52.58% | 54.13% | 61.48% | 69.86% | Beats 83% | 20 / 113 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.00% | 0.09% | 0.58% | 1.82% | Beats 100% | 12 / 111 | | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.04% | Beats 100% | 36 / 111 | | |
| Capital |
| Tier 1 Capital Ratio | 11.18% | 11.53% | 13.31% | 18.13% | Beats 19% | 92 / 113 | | |
| Total Risk-Based Capital Ratio | 11.75% | 12.12% | 14.43% | 19.39% | Beats 23% | 87 / 113 | | |
| Equity / Assets | 7.93% | 8.52% | 10.10% | 11.94% | Beats 13% | 98 / 113 | | |
| Liquidity & Funding |
| Loans / Deposits | 77.75% | 62.08% | 77.32% | 88.06% | 50th pctl | 55 / 111 | | |
| Loans / Assets | 66.98% | 55.01% | 66.35% | 75.50% | 50th pctl | 56 / 113 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |