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Farmers State Bank

Waterloo, IA
IDRSSD: 840747
Total Assets
$1.57B
Latest filing
Total Deposits
$1.25B
Latest filing
Net Interest Margin
2.57%
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

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Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date06/25/1903
Community BankYes
Ownership TypeNot Mutual
ZIP50701
State and County Number19013
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 NameWaterloo-Cedar Falls, IA

Operational Info

Number of Employees97
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.fsb1879.com
Data Updated11/14/2025
CERT12855
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.57B
Total Deposits$1.25B
Total Liabilities$1.42B
Total Equity Capital$156.01M
Net Income$4.37M
Net Loans and Leases$1.28B
Assets Per Employee ($Millions)$15.41M
Bank Premises and Fixed Assets$29.38M
Cash and Balances due from Depository Institutions$17.48M
Deposits Held in Domestic Offices$1.25B

Key Performance Ratios

Return on Assets (ROA)1.09%
Return on Equity (ROE)11.53%
Net Interest Margin2.57%
Efficiency Ratio55.37%
Tier 1 Risk-Based Capital Ratio12.796%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.02%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.923%
Earning Assets to total Assets95.96%

Income and Expense

Total Interest Income$20.72M
Total Noninterest Income$1.02M
Total Interest Expense$10.91M
Total Noninterest Expense$6.00M
Net Interest Income$9.82M
Pre-tax Net Operating Income$4.74M
Provision for Credit Losses$92.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$165.00k
Other borrowed funds$148.70M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$14.31M
Total Liabilities and Capital$1.57B

Securities

Securities$219.50M
Available-for-sale debt securities$219.50M
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?
$1.57B as of the latest filing.
How much are Farmers State Bank's total deposits?
$1.25B in total deposits.
Where is Farmers State Bank located?
Waterloo, IA.
What is the Net Interest Margin?
2.57%.
How many domestic offices does it operate?
8.
When was it established?
06/25/1903.
What is the Return on Assets (ROA)?
1.09%.
How much are total loans and leases?
$1.28B (latest filing).
What is the total interest income (latest filing)?
$20.72M.