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F&M Bank (MN)


Overview / Commentary
507-723-4800
101 North Marshall Avenue
Springfield, MN 56087

F&M Bank (MN) is headquartered in Springfield and is the 139th largest bank in the state of Minnesota. It is also the 3,818th largest bank in the nation. It was established in 1918 and as of March of 2019, it had grown to 23 employees at 2 locations. F&M Bank (MN)'s money market rates are 82% higher than the national average, and it has a C+ health rating.

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Health
C+

Health Grade Components

Overall
FDIC Certificate #13382
Year Established1918
Employees23
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.2%
Return on Equity - YTD14.7%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$119.2MM$114.3MM
LoansQ1 2019vs Q1 2018$88.1MM$83.4MM
DepositsQ1 2019vs Q1 2018$100.3MM$94.0MM
Equity CapitalQ1 2019vs Q1 2018$10.0MM$9.8MM
Loan Loss AllowanceQ1 2019vs Q1 2018$1.1MM$978.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$1.9MM$2.00K
Real Estate OwnedQ1 2019vs Q1 2018$445.00K$481.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

F&M Bank (MN) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$1m*-Personal Investment Money Market
OTHER TIERS: 0.25% Up to $2.5k | 0.40% $2.5k - $50k | 0.55% $50k - $100k | 0.70% $100k - $500k | 0.75% $500k - $1m
0.80%*$1m*-Commercial Investment Money Market
OTHER TIERS: 0.25% Up to $10k | 0.40% $10k - $50k | 0.55% $50k - $100k | 0.70% $100k - $500k | 0.75% $500k - $1m

F&M Bank (MN) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.52%$2.5k-23 Month CD Special
Locations


F&M Bank (MN) Locations
Farmers and Merchants State Bank Of Springfield101 North Marshall AvenueSpringfield, MN 56087
Morgan Branch101 Vernon AvenueMorgan, MN 56266

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