Farmers State Bank

Northwood, IA
IDRSSD: 537243
Total Assets
$220.68M
Latest filing
Total Deposits
$182.53M
Latest filing
Net Interest Margin
3.69%
Profitability

Key People

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Locations

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Main Office
Farmers State Bank
99 7th St N
Northwood, IA 50459
Full Service - Brick and Mortar
Updated 01/30/2026Established 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 Employees33
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 Updated01/30/2026
CERT5797
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$220.68M
Total Deposits$182.53M
Total Liabilities$199.46M
Total Equity Capital$21.23M
Net Income$210.00k
Net Loans and Leases$157.68M
Assets Per Employee ($Millions)$6.49M
Bank Premises and Fixed Assets$1.82M
Cash and Balances due from Depository Institutions$6.55M
Deposits Held in Domestic Offices$182.53M

Key Performance Ratios

Return on Assets (ROA)0.38%
Return on Equity (ROE)3.97%
Net Interest Margin3.69%
Efficiency Ratio73.41%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.27%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.619%
Earning Assets to total Assets92.82%

Income and Expense

Total Interest Income$2.89M
Total Noninterest Income$159.00k
Total Interest Expense$985.00k
Total Noninterest Expense$1.51M
Net Interest Income$1.90M
Pre-tax Net Operating Income$401.00k
Provision for Credit Losses$150.00k
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$14.70M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$1.55M
All Other Liabilities$675.00k
Total Liabilities and Capital$220.68M

Securities

Securities$47.04M
Available-for-sale debt securities$47.04M
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?
$220.68M as of the latest filing.
How much are Farmers State Bank's total deposits?
$182.53M in total deposits.
Where is Farmers State Bank located?
Northwood, IA.
What is the Net Interest Margin?
3.69%.
How many domestic offices does it operate?
8.
When was it established?
11/15/1921.
What is the Return on Assets (ROA)?
0.38%.
How much are total loans and leases?
$157.68M (latest filing).
What is the total interest income (latest filing)?
$2.89M.