Farmers State Bank (MN)

Farmers State Bank (MN) is headquartered in Hartland and is the 186^th largest bank in the state of Minnesota. It is also the 5,201^st largest bank in the nation. It was established in 1912 and as of September of 2011, it had grown to 19 employees at 3 locations. Farmers State Bank (MN)'s savings rates are 3X the national average, and it has a 3-star health rating.

Farmers State Bank (MN) Checking Account Rates

Farmers State Bank (MN) Savings Account Rates

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Farmers State Bank (MN) CD Rates

Data for Q3 2011

Institution Statistics Farmers State Bank of Hartland FDIC Certificate # 10561 BankRate Report View Year Established 1912 Employees 19 Primary Regulator FDIC Assets and Liabilities Assets $90.80 million Loans $66.52 million Deposits $77.98 million Equity Capital $8.61 million Loan Loss Allowance $1.03 million Unbacked Noncurrent Loans $1.22 million Real Estate Owned $824,000 Historic Data - September 2010 Assets $92.17 million Equity Capital $8.05 million Loan Loss Allowance $947,000 Unbacked Noncurrent Loans $2.32 million Real Estate Owned $888,000 Profit Margin - Quarterly Net Interest Margin 4.14% Return on Assets 1.39% Return on Equity 15.33% Interest Income $3.66 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Farmers State Bank (MN) had $2.04 million in non-current loans and owned real-estate with $9.64 million in equity and loan loss allowances on hand to cover it. This gives Farmers State Bank (MN) a Texas Ratio of 21.18% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Farmers State Bank (MN) decreased slightly from 34.72% as of September 30, 2010 to 21.18% as of September 30, 2011, resulting in a positive change of 38.98%.This indicates that the balance sheet and financial strength for Farmers State Bank (MN) has improved slightly in recent periods. Deposit Growth In the past year, Farmers State Bank (MN) has decreased its total deposits by -$3.97 million, resulting in -4.84% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Farmers State Bank (MN) has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Farmers State Bank (MN) has $90.8 million in assets with $9.64 million in equity, resulting in a capitalization level of 10.62%, which is above average.

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