Overview / Commentary
104 East Main Street
Elmwood, IL 61529

Farmers State Bank (12107) is headquartered in Elmwood and is the 375th largest bank in the state of Illinois. It is also the 4,947th largest bank in the nation. It was established in 1864 and as of September of 2018, it had grown to 13 employees at 1 location. Farmers State Bank (12107)'s money market rates are 48% higher than the national average, and it has a B health rating.


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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

FDIC Certificate #12107
Year Established1864
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.6%
Return on Equity - YTD7.56%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$52.3MM$52.6MM
LoansQ3 2018vs Q3 2017$30.3MM$25.7MM
DepositsQ3 2018vs Q3 2017$46.7MM$46.6MM
Equity CapitalQ3 2018vs Q3 2017$4.1MM$4.5MM
Loan Loss AllowanceQ3 2018vs Q3 2017$415.00K$411.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$51.00K$51.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
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Farmers State Bank (12107) Savings Account Rates

1.00%--Kid$ Club $aving$
1.00%--Vacation Club
1.00%--Christmas Club
0.25%$25-Regular Savings

Farmers State Bank (12107) Money Market Rates

0.65%$2.5k-Pioneer Money Market
0.35%$1k-Money Market Account

Farmers State Bank (12107) Checking Account Rates

1.00%--GoGreen Checking
0.65%--Pioneer Now
0.35%--Super NOW Account
0.20%--NOW Account

Farmers State Bank (12107) CD Rates

2.75%$1k-60 Month CD Special
2.70%$1k-25 Month CD Special
2.65%$1k-24 Month CD
2.60%$1k-22 Month CD Special
2.00%$1k-18 Month CD
1.30%$1k-15 Month CD Special
1.05%$1k-30 Month CD
0.60%$1k-9 Month CD Special
0.43%$1k-12 Month CD
0.29%$1k-6 Month CD

Farmers State Bank (12107) IRA Rates

2.75%$1k-60 Month IRA Special
2.70%$1k-25 Month IRA Special
2.65%$20-24 Month IRA
2.60%$1k-22 Month IRA Special
2.00%$20-18 Month IRA
1.30%$1k-15 Month IRA Special
1.05%$20-30 Month IRA
0.60%$1k-9 Month IRA Special
0.43%$20-12 Month IRA
0.29%$20-6 Month IRA

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

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