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BlastPoint's Banking Scorecard

FM Bank

Community Specialty: Agricultural MN FDIC cert 10998

Waseca, MN

1484 banks in Community tier nationally 45 in MN
View Community leaderboard (MN) →

FM Bank has 1 strength but faces 2 concerns

Key Strengths

Areas where this bank excels compared to peers

  • + Delinquency Rate 0.61% below tier

Key Concerns

Areas that may need attention

  • - NIB Deposit Bleed: Bottom 10% in Community
  • - Non-Interest Income / Assets 0.61% below tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $705.2M
+6.9% YoY +0.8% QoQ
-$686.3M $1.4B
+2.0% YoY
$508.2M
+6.2% YoY
$5.9B
+6.5% YoY
27%
Total Loans ? $465.5M
+16.3% YoY +5.3% QoQ
-$510.0M $975.5M
+2.4% YoY
$283.0M
+6.2% YoY
$3.1B
+8.5% YoY
25%
Total Deposits ? $620.7M
+3.7% YoY +7.6% QoQ
-$543.9M $1.2B
+1.7% YoY
$438.4M
+5.3% YoY
$4.7B
+6.3% YoY
30%
Return on Assets ? 1.12%
+19.8% YoY -6.3% QoQ
-0.05% 1.16%
+17.2% YoY
1.11%
+14.5% YoY
1.12%
+15.6% YoY
49%
Net Interest Margin ? 3.12%
+12.8% YoY +2.5% QoQ
-0.55% 3.66%
+9.1% YoY
3.81%
+8.2% YoY
3.75%
+7.1% YoY
21%
Efficiency Ratio ? 59.52%
-10.3% YoY +3.5% QoQ
-3.11% 62.63%
-5.3% YoY
65.34%
-5.0% YoY
65.09%
-5.1% YoY
59%
Delinquency Rate ? 0.02%
-45.4% YoY +69.1% QoQ
-0.61% 0.63%
+18.3% YoY
0.65%
+17.8% YoY
0.66%
+20.3% YoY
Top 7% in tier
Loan-to-Deposit Ratio ? 75.00%
+12.1% YoY -2.2% QoQ
-8.06% 83.06%
+0.3% YoY
76.97%
-0.8% YoY
78.04%
+0.7% YoY
72%
Non-Interest-Bearing Deposit Share ? 16.75%
-53.3% YoY -3.8% QoQ
-4.29% 21.05%
-0.9% YoY
21.89%
-2.6% YoY
21.79%
-1.3% YoY
33%
Nonperforming Asset Ratio ? 0.14%
+561.0% YoY
-0.36% 0.50%
+20.3% YoY
0.46%
+7.5% YoY
0.48%
+20.8% YoY
72%
Tier 1 Capital Ratio ? 10.80%
+5.1% YoY +0.7% QoQ
+0.55% 10.24%
-0.6% YoY
11.33%
-0.2% YoY
9.75%
-1.9% YoY
35%
Non-Interest Income / Assets ? 0.13%
-8.1% YoY +28.3% QoQ
-0.61% 0.74%
-1.3% YoY
0.50%
+4.9% YoY
0.65%
+0.6% YoY
Bottom 5% in tier

Signature Analysis

Strengths (1)

Delinquency Rate

metric
Top 7% in Community
Why this stands out
Current: 0.02%
(Tier avg: 0.63%, National avg: 0.66%)

Concerns (2)

NIB Deposit Bleed

decline
#10 of 89 · Bottom 10% in Community

Non-interest-bearing deposit share dropped 2+ pp YoY and now below the tier median. Cheap funding leaving for higher-yield competitors.

Why this signature
Noninterest-Bearing Deposit Share: 16.75%
(Tier: 21.05%, National: 21.79%)
worse than tier avg
89 of 89 Community banks match · 98 nationally
→ Stable -10 banks QoQ | QoQ rank improving

Non-Interest Income / Assets

metric
Bottom 5% in Community
Why this stands out
Current: 0.13%
(Tier avg: 0.74%, National avg: 0.65%)

Metric Rankings

How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.

Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%

Comparing against 1484 peers in Community tier

Top Strengths

93
Delinquency Rate
Current: 0.02% · Tier avg: 0.63%
93th pctile
72
Nonperforming Asset Ratio
Current: 0.14% · Tier avg: 0.50%
72th pctile
72
Loan-to-Deposit Ratio
Current: 75.00% · Tier avg: 83.06%
72th pctile
59
Efficiency Ratio
Current: 59.52% · Tier avg: 62.63%
59th pctile
49
Return on Assets
Current: 1.12% · Tier avg: 1.16%
49th pctile
35
Tier 1 Capital Ratio
Current: 10.80% · Tier avg: 10.24%
35th pctile
33
Non-Interest-Bearing Deposit Share
Current: 16.75% · Tier avg: 21.05%
33th pctile
30
Total Deposits
Current: $620.7M · Tier avg: $1.2B
30th pctile
27
Total Assets
Current: $705.2M · Tier avg: $1.4B
27th pctile
25
Total Loans
Current: $465.5M · Tier avg: $975.5M
25th pctile
21
Net Interest Margin
Current: 3.12% · Tier avg: 3.66%
21th pctile
5
Non-Interest Income / Assets
Current: 0.13% · Tier avg: 0.74%
5th pctile

Top Weaknesses

5
Non-Interest Income / Assets
Current: 0.13% · Tier avg: 0.74%
5th pctile
21
Net Interest Margin
Current: 3.12% · Tier avg: 3.66%
21th pctile
25
Total Loans
Current: $465.5M · Tier avg: $975.5M
25th pctile
27
Total Assets
Current: $705.2M · Tier avg: $1.4B
27th pctile
30
Total Deposits
Current: $620.7M · Tier avg: $1.2B
30th pctile
33
Non-Interest-Bearing Deposit Share
Current: 16.75% · Tier avg: 21.05%
33th pctile
35
Tier 1 Capital Ratio
Current: 10.80% · Tier avg: 10.24%
35th pctile
49
Return on Assets
Current: 1.12% · Tier avg: 1.16%
49th pctile
59
Efficiency Ratio
Current: 59.52% · Tier avg: 62.63%
59th pctile
72
Loan-to-Deposit Ratio
Current: 75.00% · Tier avg: 83.06%
72th pctile
72
Nonperforming Asset Ratio
Current: 0.14% · Tier avg: 0.50%
72th pctile
93
Delinquency Rate
Current: 0.02% · Tier avg: 0.63%
93th pctile
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