F & M Bank Minnesota

Our records indicate that this bank has been acquired by FM Bank.


F & M Bank Minnesota is an FDIC insured institution headquartered at 940 10th Ave, Clarkfield, MN 56223.
It was founded in 1919 and has approximately $0 billion in assets. Customers can open an account at one of its 3 branches.

Deposit Rates - March 15, 2026





Overview 2026

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10184
Date Established 1919
Assets $ 157.00 million
Loans $ 78.23 million
Deposits $ 137.39 million
Capital $ 13.01 million

Summary Balance Sheet as of September 30, 2025

ASSETS
Cash & Balances due from depository institutions $ 18.85 million
Interest-bearing balances $ 18.00 million
Total securities $ 55.52 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 78.23 million
Loan loss allowance $ 1.07 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.17 million
Goodwill and other intangibles $ 0.30 million
All other assets $ 2.45 million
     Total Assets $ 143.98 million

LIABILITIES
Total deposits $ 137.39 million
      Interest-bearing deposits $ 95.52 million
      Deposits held in domestic offices $ 137.39 million
      % insured (estimated)" 72.14%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 6.15 million
Subordinated debt N.A.
All other liabilities $ 0.45 millionn
      Total Liabilities $ 143.98 million
      Shareholders’ Equity $ 13.01 million

Summary Income Statement as of September 30, 2025

INCOME AND EXPENSES
Total Interest Income $ 1.10 million
Total Interest Expense $ 0.13 million
Net interest income $ 0.97 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.08 million
Total non interest expense $ 0.85 million
Pre-tax Net Operating Income $ 0.20 million

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F & M Bank Minnesota Locations