Farmers State Bank
Lagrange, IN
IDRSSD: 113441
Total Assets
$1.28B
Latest filing
Total Deposits
$1.13B
Latest filing
Net Interest Margin
3.98%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Farmers State Bank
220 S Detroit St
Lagrange, IN 46761
Full Service - Brick and Mortar
Updated 01/30/2026Established 07/16/1934FDIC Certificate 9111
Branches (11)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Farmers State Bank (Main) | 220 S Detroit St | Lagrange, IN |
| ANGOLA BRANCH | 1800 N Wayne St | Angola, IN |
| HAMILTON BRANCH | 3840 E Bellefontaine Rd | Hamilton, IN |
| WOLCOTTVILLE BRANCH | 107 N Main St | Wolcottville, IN |
| STROH BRANCH | 100 N Main Street | Stroh, IN |
| TOPEKA BRANCH | 109 North Main Street | Topeka, IN |
| HOWE BRANCH | 103 North Indiana Highway, Suite 9 | Howe, IN |
| SHIPSHEWANA BRANCH | 315 North Vanburen Street | Shipshewana, IN |
Showing 7 of 11
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 | 07/16/1934 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 46761 |
| State and County Number | 18087 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 143 |
| Domestic Offices | 12 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 07/16/1934 |
| Primary Insurance Agency | DIF |
| Website | www.farmersstatebank.com |
| Data Updated | 01/30/2026 |
| CERT | 14578 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.28B |
| Total Deposits | $1.13B |
| Total Liabilities | $1.15B |
| Total Equity Capital | $125.61M |
| Net Income | $5.46M |
| Net Loans and Leases | $878.66M |
| Assets Per Employee ($Millions) | $8.92M |
| Bank Premises and Fixed Assets | $10.84M |
| Cash and Balances due from Depository Institutions | $111.78M |
| Deposits Held in Domestic Offices | $1.13B |
Key Performance Ratios
| Return on Assets (ROA) | 1.72% |
| Return on Equity (ROE) | 17.59% |
| Net Interest Margin | 3.98% |
| Efficiency Ratio | 47.96% |
| Tier 1 Risk-Based Capital Ratio | 17.124% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.18% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.842% |
| Earning Assets to total Assets | 95.33% |
Income and Expense
| Total Interest Income | $16.36M |
| Total Noninterest Income | $1.72M |
| Total Interest Expense | $4.34M |
| Total Noninterest Expense | $6.59M |
| Net Interest Income | $12.02M |
| Pre-tax Net Operating Income | $6.58M |
| Provision for Credit Losses | $573.00k |
| 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 | $10.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $4.14M |
| All Other Liabilities | $8.29M |
| Total Liabilities and Capital | $1.28B |
Securities
| Securities | $237.72M |
| Available-for-sale debt securities | $176.97M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $56.21M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Farmers State Bank?
$1.28B as of the latest filing.
How much are Farmers State Bank's total deposits?
$1.13B in total deposits.
Where is Farmers State Bank located?
Lagrange, IN.
What is the Net Interest Margin?
3.98%.
How many domestic offices does it operate?
12.
When was it established?
07/16/1934.
What is the Return on Assets (ROA)?
1.72%.
How much are total loans and leases?
$878.66M (latest filing).
What is the total interest income (latest filing)?
$16.36M.