Farmers State Bank (OK)

Farmers State Bank (OK) is headquartered in Quinton and is the 142^nd largest bank in the state of Oklahoma. It is also the 5,246^th largest bank in the nation. It was established in 1908 and as of December of 2012, it had grown to 34 employees at 3 locations. Farmers State Bank (OK) has a 5-star health rating.

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Data for Q4 2012

Institution Statistics The Farmers State Bank FDIC Certificate # 404 BankRate Report View Year Established 1908 Employees 34 Primary Regulator FED Assets and Liabilities Assets $85.28 million Loans $37.57 million Deposits $76.13 million Equity Capital $6.84 million Loan Loss Allowance $1.04 million Unbacked Noncurrent Loans $1,000 Real Estate Owned $50,000 Historic Data - December 2011 Assets $80.79 million Equity Capital $6.27 million Loan Loss Allowance $998,000 Unbacked Noncurrent Loans $285,000 Real Estate Owned $75,000 Profit Margin - Quarterly Net Interest Margin 4.06% Return on Assets 1.16% Return on Equity 14.46% Interest Income $3.46 million

Institution Health Overall Score: 5 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 December 31, 2012 Farmers State Bank (OK) had $51,000 in non-current loans and owned real-estate with $7.89 million in equity and loan loss allowances on hand to cover it. This gives Farmers State Bank (OK) a Texas Ratio of 0.65% which is excellent. 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 (OK) decreased significantly from 4.95% as of December 31, 2011 to 0.65% as of December 31, 2012, resulting in a positive change of 86.95%.This indicates that the balance sheet and financial strength for Farmers State Bank (OK) has improved significantly in recent periods. Deposit Growth In the past year, Farmers State Bank (OK) has increased its total deposits by $4.12 million, resulting in 5.72% 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 (OK) has shown is excellent. 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 (OK) has $85.28 million in assets with $7.89 million in equity, resulting in a capitalization level of 9.25%, which is average.

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