First Missouri State Bank

What First Missouri State Bank does

First Missouri State Bank, which operates under the DBA "FM Bank and Trust," is a state-chartered, FDIC-insured community bank serving personal, small-business, and agricultural customers across the Arkansas-Missouri border region. Founded circa 2002 and headquartered in Cape Girardeau with additional office locations listed in Missouri and Arkansas, the bank runs a relationship-based retail distribution model built around physical branches in Blytheville, Cape Girardeau, Dexter, Gosnell, Jackson, Kennett, Leachville, Malden, Manila, Piggott, Rector, Wilson, and additional in-region sites, supplementing in-person service with digital channels. Its product portfolio covers personal banking (everyday, reward, student, and Fresh Start checking accounts; savings, IRAs, CDs, savings bonds, mortgages, personal loans, instant-issue debit cards, consumer credit cards, safe deposit boxes), business banking (business checking and savings, business loans and credit cards, eCorp online banking), and a specialized agricultural-lending vertical (operating lines, equipment financing, farm real estate). It earns revenue primarily through net interest income on lending, deposit account fees (including analysis fees and wires), credit card interchange and interest, and digital banking service fees. Technology is delivered through a conventional digital stack — online banking, a mobile/smartwatch app with remote check deposit, online bill pay, SMS alerts, Visa purchase alerts, and Apple Pay / Google Pay wallet support — without disclosed proprietary AI, patents, or third-party integrations beyond standard card-network wallet rails. The bank has not disclosed ownership, leadership roster, funding history, M&A activity, financial statements, or regulatory actions in the source material, leaving strategic direction and trajectory largely inferable only from footprint and product breadth.

Name

First Missouri State Bank

Legal name

FM Bank and Trust

Website

https://wherefirstmeansmore.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

FM Bank and Trust (First Missouri State Bank) is an FDIC-insured community bank offering consumer, small-business, and agricultural lending products through 14+ branches and digital channels in the Arkansas-Missouri border region.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro industry

PRIMARYFSABABAC

SME Deposits & Business Accounts (Operating, Savings, CDs)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Commercial Banking (SME & Middle Market)

SECONDARYFSABAKAE

Agricultural & Rural Development Banks

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Development & Public Sector Banking (DFIs, Postal/Savings Banks)

SECONDARYFSABAAAI

Small Business Banking (Microbusiness/Sole Proprietor)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Retail Banking

SECONDARYFSABAIAD

Account & Balance Services (Operating accounts, statements, eBAM)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Transaction Banking (Cash Management & Treasury Services)

Keywords

• Community banking
• Agricultural lending
• Consumer lending
• Retail banking
• Business banking

Headquarters

HQ city

Cape Girardeau

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income from Lending: Traditional banking revenue from interest earned on personal loans, mortgages, business loans, and agricultural lending operations
2. Deposit Account Fees: Fee income from checking and savings account services including analysis fees, wire transfers, and account maintenance charges
3. Digital Banking Services: Revenue from online banking, mobile app services, and related digital banking products
4. Credit Card Services: Income from consumer and business credit card programs including interchange fees and interest charges

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

First Missouri State Bank (dba FM Bank and Trust) is a community bank offering personal banking (checking, savings, IRAs, CDs, loans, mortgages, debit and credit cards), business banking (checking, savings, loans, credit cards, eCorp online banking), and specialized agricultural lending through 14+ branch locations across Arkansas and Missouri. Services are delivered through a combination of physical branches and digital channels including online banking, mobile app, digital wallets, and online loan applications.

Product overview

FM Bank and Trust operates as a regional community bank offering a unified suite of banking products and digital banking services. The product portfolio includes personal banking (checking, savings, loans, credit cards, debit cards), business banking (checking, savings, loans, online banking), and specialized agricultural lending. Digital banking services are provided through online and mobile platforms with features including bill pay, text alerts, and mobile check deposit. The bank also offersInstant Issue Debit Cards with customization options. All products share common digital banking infrastructure and are accessible through 14 branch locations across Arkansas and Missouri.

Differentiator

Problem solved

Functional benefit

Products and services

• Everyday Checking Personal checking account with debit card access, online and mobile banking, direct deposit, and bill pay tools for individual consumers.
• Reward Checking
• Student Checking
• Fresh Start Checking
• Personal Savings Account
• Individual Retirement Account (IRA)
• Reward Saver
• Christmas Club Account
• Certificates of Deposit
• Savings Bonds
• Mortgages
• Personal Loans
• Instant Issue Debit Cards
• Consumer Credit Cards
• Safe Deposit Boxes
• Business Checking
• eCorp Business Online Banking
• Business Savings
• Business Loans
• Business Credit Cards
• Agricultural Lending
• Online Banking
• Mobile Banking App
• Online Bill Pay
• Online Loan Application

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Market position

Competitive moat3 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/FirstMissouriStateBank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First Missouri State Bank