Farmers State Bank

Parkston, SD
IDRSSD: 120953
Total Assets
$250.70M
Latest filing
Total Deposits
$233.28M
Latest filing
Net Interest Margin
3.35%
Profitability

Key People

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Locations

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Main Office
Farmers State Bank
103 W Main St
Parkston, SD 57366
Full Service - Brick and Mortar
Updated 01/30/2026Established 07/19/1919FDIC Certificate 1109

Branches (2)

Page 1 of 1
NameAddressCity / State
Farmers State Bank (Main)103 W Main StParkston, SD
PARKSTON/KAYLOR BRANCH150 N Main StKaylor, SD
MITCHELL BRANCH115 E Havens AveMitchell, SD
Showing 2 of 2

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 Date07/19/1919
Community BankYes
Ownership TypeNot Mutual
ZIP57366
State and County Number46067
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number09
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameN/A

Operational Info

Number of Employees34
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitehttp://www.fsbparkston.com
Data Updated01/30/2026
CERT1686
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$250.70M
Total Deposits$233.28M
Total Liabilities$234.63M
Total Equity Capital$16.07M
Net Income$527.00k
Net Loans and Leases$138.69M
Assets Per Employee ($Millions)$7.37M
Bank Premises and Fixed Assets$2.22M
Cash and Balances due from Depository Institutions$6.00M
Deposits Held in Domestic Offices$233.28M

Key Performance Ratios

Return on Assets (ROA)0.84%
Return on Equity (ROE)13.28%
Net Interest Margin3.35%
Efficiency Ratio66.25%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.16%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets6.412%
Earning Assets to total Assets92.76%

Income and Expense

Total Interest Income$3.06M
Total Noninterest Income$183.00k
Total Interest Expense$1.11M
Total Noninterest Expense$1.42M
Net Interest Income$1.95M
Pre-tax Net Operating Income$621.00k
Provision for Credit Losses$100.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$217.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.34M
Total Liabilities and Capital$250.70M

Securities

Securities$91.67M
Available-for-sale debt securities$91.67M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Farmers State Bank?
$250.70M as of the latest filing.
How much are Farmers State Bank's total deposits?
$233.28M in total deposits.
Where is Farmers State Bank located?
Parkston, SD.
What is the Net Interest Margin?
3.35%.
How many domestic offices does it operate?
3.
When was it established?
07/19/1919.
What is the Return on Assets (ROA)?
0.84%.
How much are total loans and leases?
$138.69M (latest filing).
What is the total interest income (latest filing)?
$3.06M.