Farmers State Bank (14209)

Overview / Commentary
1240 8th Avenue
Marion, IA 52302

Farmers State Bank (14209) is headquartered in Marion and is the 23rd largest bank in the state of Iowa. It is also the 940th largest bank in the nation. It was established in 1927 and as of September of 2020, it had grown to 138 employees at 10 locations. Farmers State Bank (14209) has an A+ health rating.


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Health Grade Components

FDIC Certificate #14209
Year Established1927
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.46%
Return on Equity - YTD10.93%
Annual Interest Income$24.8MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$972.4MM$821.8MM
LoansQ3 2020vs Q3 2019$695.2MM$619.5MM
DepositsQ3 2020vs Q3 2019$801.9MM$663.6MM
Equity CapitalQ3 2020vs Q3 2019$124.1MM$116.8MM
Loan Loss AllowanceQ3 2020vs Q3 2019$8.7MM$7.9MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$1.5MM$2.0MM
Real Estate OwnedQ3 2020vs Q3 2019$213.00K$0

Rates for Farmers State Bank (14209) are currently being reviewed.


Farmers State Bank (14209) Locations
Farmers State Bank1240 8th AvenueMarion, IA 52302
Collins Road Square Branch1380 Twixt Town RoadMarion, IA 52302
Hiawatha Branch175 Center Point RoadHiawatha, IA 52233
Van Buren Village Branch2755 Edgewood Road., S.W.Cedar Rapids, IA 52404
Edgewood Road Branch399 Edgewood Road N.W.Cedar Rapids, IA 52405
Alburnett BranchMain AvenueAlburnett, IA 52202
Drive-In Branch1200 Ninth AvenueMarion, IA 52302

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