Farmers State Bank

Marion, IA
IDRSSD: 1006148
Total Assets
$1.09B
Latest filing
Total Deposits
$886.47M
Latest filing
Net Interest Margin
3.34%
Profitability
0

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

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date08/27/1927
Community BankYes
Ownership TypeNot Mutual
ZIP52302
State and County Number19113
Subchapter S CorporationsYes
Trust PowersTrust Powers Grandfathered
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameCedar Rapids, IA

Operational Info

Number of Employees138
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance04/09/1934
Primary Insurance AgencyDIF
Websitewww.myfsbonline.com
Data Updated11/14/2025
CERT14209
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.09B
Total Deposits$886.47M
Total Liabilities$937.28M
Total Equity Capital$148.34M
Net Income$4.47M
Net Loans and Leases$805.64M
Assets Per Employee ($Millions)$7.75M
Bank Premises and Fixed Assets$8.47M
Cash and Balances due from Depository Institutions$41.85M
Deposits Held in Domestic Offices$886.47M

Key Performance Ratios

Return on Assets (ROA)1.66%
Return on Equity (ROE)12.29%
Net Interest Margin3.34%
Efficiency Ratio52.74%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.05%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets13.664%
Earning Assets to total Assets96.65%

Income and Expense

Total Interest Income$13.76M
Total Noninterest Income$1.44M
Total Interest Expense$5.08M
Total Noninterest Expense$5.34M
Net Interest Income$8.68M
Pre-tax Net Operating Income$4.66M
Provision for Credit Losses$125.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$24.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$19.06M
All Other Liabilities$7.75M
Total Liabilities and Capital$1.09B

Securities

Securities$208.28M
Available-for-sale debt securities$202.72M
Equity securities with readily determinable fair values not held for trading$0
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?
$1.09B as of the latest filing.
How much are Farmers State Bank's total deposits?
$886.47M in total deposits.
Where is Farmers State Bank located?
Marion, IA.
What is the Net Interest Margin?
3.34%.
How many domestic offices does it operate?
9.
When was it established?
08/27/1927.
What is the Return on Assets (ROA)?
1.66%.
How much are total loans and leases?
$805.64M (latest filing).
What is the total interest income (latest filing)?
$13.76M.