F&M Bank-Iowa Central

Headquarters

11 North First Avenue
Marshalltown, IA 50158
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

F&M Bank-Iowa Central is an FDIC insured institution located in Marshalltown, IA. It was founded in 1915 and has approximately $0.47 billion in assets.

FDIC Insured Yes
FDIC Certificate # 10904
Date Established 1915
Assets $ 470.99 million
Loans $ 132.79 million
Deposits $ 408.59 million
Capital $ 45.04 million
 

For a more detailed analysis of F&M Bank-Iowa Central's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 27, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 27, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for F&M Bank-Iowa Central

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

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3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.674% 2.625% 0.63 $1,595 $1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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4.000 %
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Third Federal Savings and Loans
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2.240 %
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Note to F&M Bank-Iowa Central
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Branches

F&M Bank-Iowa Central branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


F&M Bank-Iowa Central Locations


Financial Details

F&M Bank-Iowa Central Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of F&M Bank-Iowa Central. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
F&M Bank-Iowa Central U.S. Bank Average
3.27% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, F&M Bank-Iowa Central had $1,606,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $45,035,000 in equity and $4,144,000 in loans loss reserves. That gives it a Texas Ratio of 3.27%.

Return on Equity
F&M Bank-Iowa Central U.S. Bank Average
1% 7.80%

F&M Bank-Iowa Central has a Return on Equity of 1% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
F&M Bank-Iowa Central U.S. Bank Average
9.56% 12.68%

F&M Bank-Iowa Central has a Capitalization of 9.56% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

F&M Bank-Iowa Central Balance Sheet Analysis

As of November 30, -0001, F&M Bank-Iowa Central had assets of $469,960,000, loans of $132,785,000, and deposits of $408,592,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 132.79 million
Loan loss allowance $ 4.14 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 408.59 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 470.99 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in F&M Bank-Iowa Central’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, F&M Bank-Iowa Central’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About F&m Bank-iowa Central

Branches and Savings

Is F&m Bank-iowa Central FDIC insured?

Yes. It is covered under FDIC Certificate #10904.

Why does F&m Bank-iowa Central pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are F&m Bank-iowa Central CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is F&m Bank-iowa Central a commercial bank?

Yes

Where are F&m Bank-iowa Central locations?

See branch locations nearby.

Is F&m Bank-iowa Central open on Saturdays?

Is F&m Bank-iowa Central open on Sundays?

What time does F&m Bank-iowa Central open?

What time does F&m Bank-iowa Central close?

Are F&m Bank-iowa Central ATMs Open 24/7?

Do F&m Bank-iowa Central ATMs accept cash deposits?

Can F&m Bank-iowa Central customers use other ATMs?

Do F&m Bank-iowa Central branches have notaries?

Will F&m Bank-iowa Central notarize my document?

What address for F&m Bank-iowa Central should I put for incoming ACH transfers?

Will the F&m Bank-iowa Central branch print checks?

Do F&m Bank-iowa Central checks expire?

Does F&m Bank-iowa Central require US citizenship to open account?

Can F&m Bank-iowa Central close my account?

Does F&m Bank-iowa Central Report to credit bureaus?

Does F&m Bank-iowa Central Use Equifax?

What is F&m Bank-iowa Central's ACH Routing Number?

What is F&m Bank-iowa Central's SWIFT code?

Products

Does F&m Bank-iowa Central offer mortgages?

Compare mortgage rates here.

Does F&m Bank-iowa Central offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does F&m Bank-iowa Central offer personal loans?

Compare personal loan rates here.

Does F&m Bank-iowa Central offer student loans?

Will F&m Bank-iowa Central cash a check?

Will F&m Bank-iowa Central redeem a savings bond?

Does F&m Bank-iowa Central cash savings bonds?

Will F&m Bank-iowa Central cash money orders?

Can F&m Bank-iowa Central issue a money order?

Does F&m Bank-iowa Central do currency exchange?

Background on The Bank

Who owns F&m Bank-iowa Central?

How long has F&m Bank-iowa Central been around?

Can F&m Bank-iowa Central transfer to other banks?

Does F&m Bank-iowa Central have quick pay?

Does F&m Bank-iowa Central accept rolled coins?

Will F&m Bank-iowa Central accept loose change?

Where is F&m Bank-iowa Central headquarters?

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