Farmers State Bank (12107)


Overview / Commentary
309-742-3711
104 East Main Street
Elmwood, IL 61529

Farmers State Bank (12107) is headquartered in Elmwood and is the 348th largest bank in the state of Illinois. It is also the 4,631st largest bank in the nation. It was established in 1864 and as of March of 2020, it had grown to 11 employees at 1 location. Farmers State Bank (12107) has a B health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Farmers State Bank (12107) has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #12107
Year Established1864
Employees11
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD9.75%
Annual Interest Income$564.00K
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$54.8MM$54.3MM
LoansQ1 2020vs Q1 2019$31.9MM$29.8MM
DepositsQ1 2020vs Q1 2019$47.7MM$48.4MM
Equity CapitalQ1 2020vs Q1 2019$4.9MM$4.4MM
Loan Loss AllowanceQ1 2020vs Q1 2019$408.00K$432.00K
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$208.00K$329.00K
Real Estate OwnedQ1 2020vs Q1 2019$29.00K$0
Rates
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Farmers State Bank (12107) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%--Vacation Club
1.00%--Christmas Club
1.00%--FSB4Life
0.10%$25-Regular Savings

Farmers State Bank (12107) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$2.5k-Pioneer Money Market
0.15%$1k-Money Market Account

Farmers State Bank (12107) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--GoGreen Checking
0.25%--Pioneer Now
0.15%--Super NOW Account
0.04%--NOW Account

Farmers State Bank (12107) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%$1k-60 Month CD
0.75%$1k-30 Month CD
0.65%$1k-24 Month CD
0.40%$1k-18 Month CD
0.35%$1k-12 Month CD
0.25%$1k-6 Month CD

Farmers State Bank (12107) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%$1k-60 Month IRA
0.75%$1k-30 Month IRA
0.65%$1k-24 Month IRA
0.40%$1k-18 Month IRA
0.35%$1k-12 Month IRA
0.25%$1k-6 Month IRA
Locations


Farmers State Bank (12107) Locations
Farmers State Bank104 East Main StreetElmwood, IL 61529

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