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 Farmers State Bank of Underwood
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Farmers State Bank of Underwood
| RSSD ID 865852 | CERTIFICATE 10174 | ABA NUMBER 91212687 |
| 110 Main St S |
Quarter Ended : |
2026-06-30 |
| Underwood, Minnesota, 56586 |
Updated : |
2026-07-21 |
| www.farmerstbank.com |
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| Institution Profile |
| Year Opened : |
1915 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
17 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 113,771 |
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Total Interest Income | 3,559 |
| Total Liabilities | 104,785 |
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Total NonInterest Income | 167 |
| Total Bank Equity Capital | 8,986 |
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Total Interest Expense | 1,063 |
| Total Deposits | 103,864 |
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Total NonInterest Expense | 1,619 |
| Net Loans & Leases | 84,619 |
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Net Income | 941 |
| Loan Loss Allowance | 1,087 |
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Net Charge Offs | 7 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 10,782 |
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Total loans | 83,787 |
| Total assets for the leverage ratio | 112,888 |
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Loans secured by real estate: | 57,299 |
| Tier 1 Leverage Ratio | 8.62 |
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Commercial and industrial loans | 11,806 |
| Tier 1 Capital Ratio | 11.53 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.78 |
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Loans to individuals - Other | 2,347 |
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:· Farmers State Bank of Underwood
