Farmers State Bank (14578)

Overview / Commentary
220 South Detroit Street
Lagrange, IN 46761

Farmers State Bank (14578) is headquartered in Lagrange and is the 20th largest bank in the state of Indiana. It is also the 1,021st largest bank in the nation. It was established in 1934 and as of March of 2019, it had grown to 157 employees at 12 locations. Farmers State Bank (14578) has an A+ health rating.


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Health Grade Components

FDIC Certificate #14578
Year Established1934
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.49%
Return on Equity - YTD16.28%
Annual Interest Income$8.2MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$760.7MM$706.2MM
LoansQ1 2019vs Q1 2018$563.5MM$510.9MM
DepositsQ1 2019vs Q1 2018$636.0MM$586.2MM
Equity CapitalQ1 2019vs Q1 2018$71.2MM$63.5MM
Loan Loss AllowanceQ1 2019vs Q1 2018$6.0MM$5.4MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$706.00K$998.00K
Real Estate OwnedQ1 2019vs Q1 2018$32.00K$271.00K
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Farmers State Bank (14578) Checking Account Rates

0.20%*$1.5k*-Premier Interest Checking
OTHER TIERS: 0.01% Up to $1.5k


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