# F&M BANK MINNESOTA
CLARKFIELD, MN · FDIC certificate 10184 · asset band <$300M · latest filing 2021-03 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $157.0M | |
| Deposits | $137.4M | |
| Loans and leases | $79.3M | |
| Total equity | $13.0M | |
| Loans / deposits | 56.94% (p37 of band) | 64.60% |
| Liquid assets / assets | 47.37% (p65 of band) | |
| Uninsured deposits / deposits | 27.87% (p81 of band) | 18.23% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.92% (p71 of band) | |
| FHLB advances / assets | 3.88% | |
| Tier 1 leverage | 7.26% (p3 of band) | 10.53% |
| Unrealized securities loss / equity | 11.79% (p99 of band) | 0.67% |
| AOCI / equity | -4.23% (p15 of band) | |
| ROA (annualized) | 0.53% (p25 of band) | 1.00% |
| Net interest margin | 2.64% (p22 of band) | 3.26% |
| Efficiency ratio | 80.67% (p76 of band) | |
| Noncurrent loans | 0.00% (p10 of band) | 0.41% |
| Net charge-offs (annualized) | 0.00% (p33 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 46% | |
| Construction % of loans | 4.61% (p31 of band) | |
| Auto loans | $294,000 (0.37% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 41.1% | |
| Employees | 23 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | wholesale funding >15% |  |
| 2012-12 | 0 |  | wholesale funding >15% |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | assets shrinking |  |
| 2013-12 | 0 |  | assets shrinking |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 2 | deposits shrinking, assets shrinking | capital falling |
| 2015-06 | 1 |  | assets shrinking |
| 2015-09 | 0 |  | deposits shrinking |
| 2015-12 | 2 | reserve under noncurrent, assets shrinking |  |
| 2016-03 | 1 |  | assets shrinking |
| 2016-06 | 1 | assets shrinking | reserve under noncurrent |
| 2016-09 | 0 |  | assets shrinking |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 3 | charge-offs p90, reserve under noncurrent |  |
| 2017-06 | 1 |  | charge-offs p90, reserve under noncurrent |
| 2017-09 | 1 | reserve under noncurrent | capital falling |
| 2017-12 | 0 |  | reserve under noncurrent |
| 2018-03 | 3 | reserve under noncurrent, deposits shrinking, assets shrinking |  |
| 2018-06 | 3 | uninsured deposits leaving | reserve under noncurrent |
| 2018-09 | 2 |  | assets shrinking |
| 2018-12 | 1 | capital falling | deposits shrinking, uninsured deposits leaving |
| 2019-03 | 0 |  | capital falling |
| 2019-06 | 1 | wholesale funding >15% |  |
| 2019-09 | 0 |  | wholesale funding >15% |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2019-06-06 [F&M Bank Minnesota hundredth anniversary to be celebrated - The Stockton Record](https://news.google.com/rss/articles/CBMikgFBVV95cUxPT0NTOUJmbWdKX1JTVkVwMS05cGJaVGNDc25fOGIzMy1ZUlFtUjZ0V3h3ekpUT0pIY0FfeERsZ2h4YXlUS2UwUjg3TFJsXzEwM0w0Rl9Hb3h2cWQxQUdXeTRhNTlJcXVlRmQ0VTAyMno4WWtyQ1RiS0V3QlcwVlNpd1BLU2UyZW95cWR1WnpwZ3Ffdw?oc=5) · The Stockton Record
- 2017-01-23 [Farm Outlook & Education Seminar at SMSU Feb. 15 - Southwest Minnesota State University](https://news.google.com/rss/articles/CBMiswFBVV95cUxQbmdwbHZzWkpOcUNvYTB4eEJOSHRQTElscGFjZFA4Q0NNeVhoc05hdkc1cEJZR013WDhKRXNHeGhvQ2VNMkV1UlNTYVAxTDIxT3U0QV9TUWpoOXBoOVlkV043RktCeE5qLUI4UVdWV0F2dDRmWlgxLUNmLUh6ZnZRSk44aFc3UExqNTV5dlhiUXlpSUlXNUxCN1lZdGNENXNZYTMzczg1UkpKOUlJbzk4T2FsQQ?oc=5) · Southwest Minnesota State University

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10184 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/8.json (key "10184", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide