F&M Bank (West Point, NE)
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Data as of · sourced from FFIEC call reports. How we update
F&M Bank is an FDIC-insured commercial bank headquartered in West Point, NE, established in 1931 (FDIC certificate 14922), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $354.6M, up 4.6% from Q2 2025, the 57th largest of 138 banks headquartered in Nebraska. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.76% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 14922
- Headquarters
- West Point, NE
- Established
- 1931
- Total assets, Q2 2026
- $354.6M
- Assets vs Q2 2025
- +4.6%
- Tier 1 leverage ratio, Q2 2026
- 11.76%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 104901513
- Holding company
- WEST POINT BANCORP, INC.
- Asset rank in state
- 57th of 138 in Nebraska
F&M Bank is one of the more profitable banks of its size. Its balance sheet stood at $355 million at June 30, 2026, up 4.6% from a year earlier; it is based in West Point, Nebraska. It earns about $2.15 a year on every $100 of assets, higher than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median $1.28). It also carries problem assets equal to 0.5% of the capital and reserves that would absorb them, a small fraction of the median of 2.6% for banks its size.
Net income for the quarter rose 24% from a year earlier, to $1.9 million. Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.07% of loans from 0.33%.
As of June 30, 2026, F&M Bank reported a return on assets of 2.15%, a nonperforming-loan ratio of 0.07% and a Texas ratio of 0.49%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, F&M Bank is the 57th largest of the 138 banks headquartered in Nebraska. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 1.8% to $354.6M, loans fell 0.1% and deposits fell 2.3%. The largest part of its loan book on June 30, 2026 was agricultural production loans, at 33.2% of total loans, ahead of construction and land development loans at 18.9%. Its 6 offices in the FDIC Summary of Deposits are in 5 cities across 2 states; its West Point office books 44% of its branch deposits. By the capital ratios in its Q2 2026 call report, F&M Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 204 N Main St, West Point, NE 68788
- County
- Cuming
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1931
- Former names
- F & M Bank, National Association (2007-2010)
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 60
- Domestic deposits
- $311.6M
- Allowance for credit losses
- $3.8M
- Net charge-offs (YTD)
- $9K
- Average total assets
- $353.0M
- Average total loans
- $298.2M
- Average interest-bearing deposits
- $222.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- December 4, 1934
- FDIC Cert
- 14922
- Fed RSSD
- 542153
- Website
- www.fmbankne.bank →
- Parent Holding Company
- WEST POINT BANCORP, INC. (RSSD 1057113)
- Ultimate Parent
- R. DEAN PHILLIPS BANK TRUST DATED 11-19-2004 (RSSD 5558681)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, F&M Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, F&M Bank's total assets ran between $333.0M (Q2 2024) and $377.4M (Q4 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$354.6M total assets against $338.9M; $313.3M total liabilities against $298.7M.
$292.7M net loans and leases against $276.8M; $311.6M total deposits against $297.0M.
$21.4M securities against $22.2M; $27.4M cash and balances due against $27.2M.
$5.0M total interest income against $4.9M; $1.4M total interest expense against $1.4M.
$3.6M net interest income against $3.5M.
$968K total noninterest income against $800K; $2.6M total noninterest expense against $2.6M.
$50K provision for credit losses against $150K.
$1.9M net income against $1.5M.
2.15% return on assets against 1.77%; 4.32% net interest margin against 4.32%.
11.76% tier 1 leverage ratio against 11.74%.
Inside the full F&M Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeF&M Bank rankings
Its closest position to the top of a national ranking is 350 of 3,611, for ROA; its furthest is 2,965 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.44% (Q3 2025) to 2.15% (Q2 2026) and its net interest margin ran from 4.01% (Q4 2024) to 4.44% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.76% | 2.15% | 0.07% | 0.49% | 4.32% |
| Q1 2026 | 11.10% | 1.60% | 0.19% | 1.33% | 4.09% |
| Q4 2025 | 10.70% | 1.66% | 0.11% | 0.77% | 4.27% |
| Q3 2025 | 12.35% | 1.44% | 0.13% | 0.82% | 4.44% |
| Q2 2025 | 11.74% | 1.77% | 0.33% | 2.14% | 4.32% |
| Q1 2025 | 11.10% | 1.75% | 0.08% | 0.55% | 4.11% |
| Q4 2024 | 10.65% | 1.61% | 0.00% | 0.00% | 4.01% |
| Q3 2024 | 11.79% | 1.71% | 0.05% | 0.34% | 4.04% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| F&M Bank (main office) | West Point , NE | 68788 | $136.7M |
| South Sioux City Downtown Branch | South Sioux City , NE | 68776 | $101.8M |
| Wayne Branch | Wayne , NE | 68787 | $39.2M |
| Gretna Branch | Gretna , NE | 68028 | $25.6M |
| South Sioux City Southridge Branch | South Sioux City , NE | 68776 | $6.7M |
| Sioux City 3rd & Virginia | Sioux City , IA | 51101 | $1.6M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| September 27, 2010 | Structure Change | Acquired Dakota County State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 25, 2010 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in NE, rank 61 of 160 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 35 applications, 35 loans originated, $5.5M originated, across 3 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $72K approved, $72K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2023 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about F&M Bank
What are F&M Bank's total assets?
As of the Q2 2026 filing, F&M Bank reported total assets of $354.6 million in its FFIEC call report.
Where is F&M Bank headquartered?
It is headquartered in West Point, NE, United States.
When was F&M Bank founded?
It was established in 1931, per the FDIC institution directory.
Is F&M Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14922). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates F&M Bank?
F&M Bank's primary federal regulator is the FDIC.
How many branches does F&M Bank operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is F&M Bank's Texas Ratio?
Its Texas Ratio is 0.49% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was F&M Bank previously called?
The charter now named F&M Bank has also operated as F & M Bank, National Association (2007-2010), per FDIC structure-change records.
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