Farmers State Bank
Marion, IA
IDRSSD: 1006148
Total Assets
$1.11B
Latest filing
Total Deposits
$911.49M
Latest filing
Net Interest Margin
3.53%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Farmers State Bank
1240 8th Ave
Marion, IA 52302
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/27/1927FDIC Certificate 8874
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Farmers State Bank (Main) | 1240 8th Ave | Marion, IA |
| ALBURNETT BRANCH | 117 N Main Ave | Alburnett, IA |
| HIAWATHA BRANCH | 175 Center Point Rd | Hiawatha, IA |
| DRIVE-IN BRANCH | 1200 9th St | Marion, IA |
| COLLINS ROAD SQUARE BRANCH | 1380 Twixt Town Rd | Marion, IA |
| EDGEWOOD ROAD BRANCH | 399 Edgewood Rd Nw | Cedar Rapids, IA |
| ANNEX | 1100 8th Ave | Marion, IA |
| VAN BUREN VILLAGE BRANCH | 2755 Edgewood Rd Sw | Cedar Rapids, IA |
Showing 7 of 8
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 08/27/1927 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 52302 |
| State and County Number | 19113 |
| Subchapter S Corporations | Yes |
| Trust Powers | Trust Powers Grandfathered |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Cedar Rapids, IA |
Operational Info
| Number of Employees | 140 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 04/09/1934 |
| Primary Insurance Agency | DIF |
| Website | www.myfsbonline.com |
| Data Updated | 01/30/2026 |
| CERT | 14209 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.11B |
| Total Deposits | $911.49M |
| Total Liabilities | $959.42M |
| Total Equity Capital | $150.87M |
| Net Income | $4.93M |
| Net Loans and Leases | $836.99M |
| Assets Per Employee ($Millions) | $7.93M |
| Bank Premises and Fixed Assets | $8.33M |
| Cash and Balances due from Depository Institutions | $28.94M |
| Deposits Held in Domestic Offices | $911.49M |
Key Performance Ratios
| Return on Assets (ROA) | 1.79% |
| Return on Equity (ROE) | 13.17% |
| Net Interest Margin | 3.53% |
| Efficiency Ratio | 49.32% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.12% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 13.589% |
| Earning Assets to total Assets | 96.72% |
Income and Expense
| Total Interest Income | $14.58M |
| Total Noninterest Income | $1.41M |
| Total Interest Expense | $5.22M |
| Total Noninterest Expense | $5.31M |
| Net Interest Income | $9.36M |
| Pre-tax Net Operating Income | $5.13M |
| Provision for Credit Losses | $325.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $24.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $16.02M |
| All Other Liabilities | $7.91M |
| Total Liabilities and Capital | $1.11B |
Securities
| Securities | $214.54M |
| Available-for-sale debt securities | $208.98M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $5.55M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Farmers State Bank?
$1.11B as of the latest filing.
How much are Farmers State Bank's total deposits?
$911.49M in total deposits.
Where is Farmers State Bank located?
Marion, IA.
What is the Net Interest Margin?
3.53%.
How many domestic offices does it operate?
9.
When was it established?
08/27/1927.
What is the Return on Assets (ROA)?
1.79%.
How much are total loans and leases?
$836.99M (latest filing).
What is the total interest income (latest filing)?
$14.58M.