Farmers State Bank

Northwood, IA
IDRSSD: 537243
Total Assets
$222.49M
Latest filing
Total Deposits
$172.25M
Latest filing
Net Interest Margin
3.54%
Profitability

Locations

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Main Office
Farmers State Bank
99 7th St N
Northwood, IA 50459
Full Service - Brick and Mortar
Updated 11/14/2025Established 11/15/1921FDIC Certificate 3958

Branches (7)

Page 1 of 1
NameAddressCity / State
Farmers State Bank (Main)99 7th St NNorthwood, IA
GRAFTON BRANCH302 4th AveGrafton, IA
MASON CITY OFFICE BRANCH517 S Federal AveMason City, IA
MASON CITY WEST BRANCH2501 4th St SwMason City, IA
VENTURA BRANCH5 W Ventura StVentura, IA
JOICE BRANCH202 Main StJoice, IA
ST ANSGAR BRANCH345 W 4th StSaint Ansgar, IA
CLEAR LAKE BRANCH210 1st Ave NClear Lake, IA
Showing 7 of 7

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 Date11/15/1921
Community BankYes
Ownership TypeNot Mutual
ZIP50459
State and County Number19195
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
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 NameMason City, IA

Operational Info

Number of Employees39
Domestic Offices8
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
Websitewww.fsbbanks.com
Data Updated11/14/2025
CERT5797
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$222.49M
Total Deposits$172.25M
Total Liabilities$201.40M
Total Equity Capital$21.09M
Net Income$-74,000
Net Loans and Leases$154.87M
Assets Per Employee ($Millions)$6.74M
Bank Premises and Fixed Assets$1.88M
Cash and Balances due from Depository Institutions$4.08M
Deposits Held in Domestic Offices$172.25M

Key Performance Ratios

Return on Assets (ROA)-0.13%
Return on Equity (ROE)-1.42%
Net Interest Margin3.54%
Efficiency Ratio69.1%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets1.09%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.477%
Earning Assets to total Assets93.42%

Income and Expense

Total Interest Income$2.85M
Total Noninterest Income$136.00k
Total Interest Expense$1.02M
Total Noninterest Expense$1.36M
Net Interest Income$1.84M
Pre-tax Net Operating Income$3.00k
Provision for Credit Losses$607.00k
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$28.50M
Federal Funds Sold & Reverse Repurchase Agreement$401.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$652.00k
Total Liabilities and Capital$222.49M

Securities

Securities$52.52M
Available-for-sale debt securities$52.52M
Equity securities with readily determinable fair values not held for trading$0
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?
$222.49M as of the latest filing.
How much are Farmers State Bank's total deposits?
$172.25M in total deposits.
Where is Farmers State Bank located?
Northwood, IA.
What is the Net Interest Margin?
3.54%.
How many domestic offices does it operate?
8.
When was it established?
11/15/1921.
What is the Return on Assets (ROA)?
-0.13%.
How much are total loans and leases?
$154.87M (latest filing).
What is the total interest income (latest filing)?
$2.85M.