Farmers State Bank of Dent

Farmers State Bank of Dent is headquartered in Dent and is the 331^st largest bank in the state of Minnesota. It is also the 6,939^th largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 11 employees at 2 locations. Farmers State Bank of Dent has a 2-star health rating.

Data for Q1 2012

Institution Statistics Farmers State Bank of Dent FDIC Certificate # 1910 BankRate Report View Year Established 1908 Employees 11 Primary Regulator FDIC Assets and Liabilities Assets $30.27 million Loans $19.52 million Deposits $27.76 million Equity Capital $2.40 million Loan Loss Allowance $387,000 Unbacked Noncurrent Loans $830,000 Real Estate Owned $529,000 Historic Data - March 2011 Assets $30.49 million Equity Capital $2.35 million Loan Loss Allowance $440,000 Unbacked Noncurrent Loans $689,000 Real Estate Owned $343,000 Profit Margin - Quarterly Net Interest Margin 4.01% Return on Assets 0.3% Return on Equity 3.87% Interest Income $333,000

Institution Health Overall Score: 2 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 March 31, 2012 Farmers State Bank of Dent had $1.36 million in non-current loans and owned real-estate with $2.78 million in equity and loan loss allowances on hand to cover it. This gives Farmers State Bank of Dent a Texas Ratio of 48.83% which is below 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 of Dent increased slightly from 33.99% as of March 31, 2011 to 48.83% as of March 31, 2012, resulting in a negative change of 43.67%. This indicates that the balance sheet and financial strength for Farmers State Bank of Dent has declined slightly in recent periods. Deposit Growth In the past year, Farmers State Bank of Dent has decreased its total deposits by $-292,000, resulting in -1.04% 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 of Dent 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 of Dent has $30.27 million in assets with $2.78 million in equity, resulting in a capitalization level of 9.19%, which is average.

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