Farmers State Bank
Waterloo, IA
IDRSSD: 840747
Total Assets
$1.63B
Latest filing
Total Deposits
$1.24B
Latest filing
Net Interest Margin
2.84%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
073908045WATERLOO, IA
Key People
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Locations
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Main Office
Farmers State Bank
131 Tower Park Dr
Waterloo, IA 50701
Full Service - Brick and Mortar
Updated 01/30/2026Established 06/25/1903FDIC Certificate 8137
Branches (7)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Farmers State Bank (Main) | 131 Tower Park Dr | Waterloo, IA |
| JESUP BRANCH | 1310 6th St | Jesup, IA |
| DUNKERTON BRANCH | 905 Jon Rd | Dunkerton, IA |
| FARMERS STATE BANK, GILBERTVILLE BRANCH | 1306 5th St | Gilbertville, IA |
| FARMERS STATE BANK | 224 W 6th St | Waterloo, IA |
| DOWNTOWN CEDAR FALLS | 515 Main St | Cedar Falls, IA |
| WAVERLY BRANCH | 2101 4th St Sw | Waverly, IA |
| WEST DES MOINES BRANCH | 9750 University Ave | West Des Moines, 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
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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 | 06/25/1903 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 50701 |
| State and County Number | 19013 |
| Subchapter S Corporations | Yes |
| Trust Powers | Trust Powers Grandfathered |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Kansas City |
| Core Based Statistical Area Name | Waterloo-Cedar Falls, IA |
Operational Info
| Number of Employees | 102 |
| Domestic Offices | 8 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 06/30/2024 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fsb1879.com |
| Data Updated | 01/30/2026 |
| CERT | 12855 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.63B |
| Total Deposits | $1.24B |
| Total Liabilities | $1.47B |
| Total Equity Capital | $163.13M |
| Net Income | $5.65M |
| Net Loans and Leases | $1.30B |
| Assets Per Employee ($Millions) | $15.97M |
| Bank Premises and Fixed Assets | $29.18M |
| Cash and Balances due from Depository Institutions | $40.57M |
| Deposits Held in Domestic Offices | $1.24B |
Key Performance Ratios
| Return on Assets (ROA) | 1.41% |
| Return on Equity (ROE) | 14.16% |
| Net Interest Margin | 2.84% |
| Efficiency Ratio | 48.45% |
| Tier 1 Risk-Based Capital Ratio | 12.833% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.05% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.014% |
| Earning Assets to total Assets | 95.99% |
Income and Expense
| Total Interest Income | $21.11M |
| Total Noninterest Income | $1.01M |
| Total Interest Expense | $10.20M |
| Total Noninterest Expense | $5.78M |
| Net Interest Income | $10.92M |
| Pre-tax Net Operating Income | $5.93M |
| Provision for Credit Losses | $215.00k |
| 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 | $207.30M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $13.72M |
| Total Liabilities and Capital | $1.63B |
Securities
| Securities | $229.69M |
| Available-for-sale debt securities | $229.69M |
| 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?
$1.63B as of the latest filing.
How much are Farmers State Bank's total deposits?
$1.24B in total deposits.
Where is Farmers State Bank located?
Waterloo, IA.
What is the Net Interest Margin?
2.84%.
How many domestic offices does it operate?
8.
When was it established?
06/25/1903.
What is the Return on Assets (ROA)?
1.41%.
How much are total loans and leases?
$1.30B (latest filing).
What is the total interest income (latest filing)?
$21.11M.