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 Farmers State Bank of Hoffman
Farmers State Bank of Hoffman
| RSSD ID 981453 | CERTIFICATE 9354 | ABA NUMBER 91205571 |
| 103 W Main Ave |
Quarter Ended : |
2025-03-31 |
| Hoffman, Minnesota, 56339 |
Updated : |
2025-04-10 |
| www.fsbhoffman.net |
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| Institution Profile |
| Year Opened : |
1911 |
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 : |
Agricultural Specialization |
| Number of Offices : |
1 |
Number of Employees : |
7 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 34,829 |
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Total Interest Income | 369 |
| Total Liabilities | 31,665 |
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Total NonInterest Income | 7 |
| Total Bank Equity Capital | 3,164 |
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Total Interest Expense | 97 |
| Total Deposits | 31,518 |
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Total NonInterest Expense | 195 |
| Net Loans & Leases | 14,953 |
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Net Income | 83 |
| Loan Loss Allowance | 199 |
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Net Charge Offs | 0 |
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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 | 15,308 |
| Total assets for the leverage ratio | 34,398 |
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Loans secured by real estate: | 9,614 |
| Tier 1 Leverage Ratio | 13.42 |
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Commercial and industrial loans | 909 |
| Off Balance Sheet Exposures (%) | 6.45 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 1,059 |
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:· Farmers State Bank of Hoffman
