Farmers State Bank (14209) is headquartered in Marion and is the 25th largest bank in the state of Iowa. It is also the 924th largest bank in the nation. It was established in 1927 and as of June of 2022, it had grown to 144 employees at 11 locations. Farmers State Bank (14209)'s savings rates are 6X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 14209 |
Year Established | 1927 |
Employees | 144 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.12% |
Return on Equity - YTD | 9.33% |
Annual Interest Income | $15.2MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.06B$1.08B |
Loans | Q2 2022vs Q2 2021 | $690.7MM$658.0MM |
Deposits | Q2 2022vs Q2 2021 | $905.9MM$912.1MM |
Equity Capital | Q2 2022vs Q2 2021 | $124.1MM$128.2MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $8.6MM$8.8MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $374.00K$1.0MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$400.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.10%* | $20k* | - | Benefit Banking Plus | ||
OTHER TIERS: 0.05% → Up to $20k | |||||
0.05% | $2.5k | - | Business Checking Plus |
Farmers State Bank (14209) Locations | ||
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Farmers State Bank | 1240 8th Ave | Marion, IA 52302 |
Collins Road Square Branch | 1380 Twixt Town Road | Marion, IA 52302 |
Hiawatha Branch | 175 Center Point Road | Hiawatha, IA 52233 |
Van Buren Village Branch | 2755 Edgewood Road., S.W. | Cedar Rapids, IA 52404 |
Edgewood Road Branch | 399 Edgewood Road N.W. | Cedar Rapids, IA 52405 |
Alburnett Branch | Main Avenue | Alburnett, IA 52202 |
Drive-In Branch | 1200 Ninth Avenue | Marion, IA 52302 |
Farmers State Bank Branch | 1600 North Park Rd | Tiffin, IA 52340 |