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 Farmers State Bank
Farmers State Bank
| RSSD ID 208440 | CERTIFICATE 8760 | ABA NUMBER 73909578 |
| 501 E State St |
Quarter Ended : |
2025-03-31 |
| Algona, Iowa, 50511 |
Updated : |
2025-04-18 |
| www.fsbiowa.com |
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| Institution Profile |
| Year Opened : |
1895 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
3 |
Number of Employees : |
19 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 148,213 |
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Total Interest Income | 1,856 |
| Total Liabilities | 130,962 |
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Total NonInterest Income | 142 |
| Total Bank Equity Capital | 17,251 |
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Total Interest Expense | 589 |
| Total Deposits | 124,804 |
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Total NonInterest Expense | 852 |
| Net Loans & Leases | 102,905 |
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Net Income | 462 |
| Loan Loss Allowance | 1,375 |
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Net Charge Offs | 1 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 104,074 |
| Total assets for the leverage ratio | 148,218 |
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Loans secured by real estate: | 62,464 |
| Tier 1 Leverage Ratio | 12.23 |
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Commercial and industrial loans | 18,854 |
| Off Balance Sheet Exposures (%) | 17.26 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 2,486 |
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:· Farmers State Bank
