🏦Bank Scorer

FM BANK

WASECA, MN · Supervised by FDIC

Est. 1878FDIC #10,998RSSD: FDIC-10998
Part ofINDEPENDENT BANCSHARES INC→ View all charters
Satisfactory Same

Current rating · Exam: August 2024

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 1.43%

Institution Profile

FDIC BankFind

Address

220 Elm Ave E, WASECA, MN

County

Waseca County

Established

January 1, 1878

Total Assets

$703M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

August 1, 2024

Exam Type

Intermediate Small Bank

Regulator

FDIC
What is a CRA rating? →
Estimated next exam:Aug 2028(based on asset size)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$703M

Total Deposits

$627M

Net Loans

$481M

Net Income

$3M

ROA

1.43%

ROE

18.21%

Risk-Based Capital

11.84%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Branch Footprint

FDIC SOD 2025

Total Branches

6

Branch Deposits

$602M

1-Year Change

0

5-year net change: +5 branches

Rating History

CRA / FFIEC

Rating Trend

→ Stable

Based on last 3 exams

8 previous ratings locked — dating back to 1990

Unlock full CRA history, HMDA, financials, complaints CSVs, and PDF links for this bank.

orGet Business plan for unlimited access

One-time payment · No subscription required

Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

Embed this rating

Copy this snippet to embed a live rating badge on your website:

<iframe
  src="https://bankscorer.com/widget/bank/619c0791-7555-48f8-82d6-b3d09ade8bbd"
  width="320"
  height="80"
  frameborder="0"
  scrolling="no"
  style="border:none"
></iframe>

Updates automatically when the rating changes.

Preview: