Overview / Commentary
Farmers State Bank (9295) is headquartered in Lake View and is the 269th largest bank in the state of Iowa. It is also the 5,097th largest bank in the nation. It was established in 1914 and as of June of 2019, it had grown to 7 employees at 1 location. Farmers State Bank (9295)'s money market rates are 59% higher than the national average, and it has a B+ health rating.
Health
B+
Data as of Q2 2019
Learn why bank health mattersAdditional 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 (9295) has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 9295 |
| Year Established | 1914 |
| Employees | 7 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.99% |
| Return on Equity - YTD | 8.11% |
| Annual Interest Income | $569.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $33.1MM$33.0MM |
| Loans | Q2 2019vs Q2 2018 | $12.5MM$12.6MM |
| Deposits | Q2 2019vs Q2 2018 | $28.9MM$29.0MM |
| Equity Capital | Q2 2019vs Q2 2018 | $4.2MM$4.0MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $406.00K$388.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $2.00K$0 |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Rates
Skip to rates for:
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not Farmers State Bank (9295); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Farmers State Bank (9295) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.66% | - | - | IRA Savings Account | |
| 0.60% | - | - | Passbook Savings Account |
Farmers State Bank (9295) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.70%* | $250k* | - | Money Market Account | ||
| OTHER TIERS: 0.50% → Up to $25k | 0.60% → $25k - $100k | 0.65% → $100k - $250k | |||||
Farmers State Bank (9295) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | NOW Account |
Farmers State Bank (9295) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $1k | - | 48 Month CD | |
| 1.66% | $1k | - | 36 Month CD | |
| 1.51% | $1k | - | 24 Month CD | |
| 1.41% | $1k | - | 12 Month CD | |
| 1.10% | $1k | - | 182 Day CD |
Locations
| Farmers State Bank (9295) Locations | ||
|---|---|---|
| Farmers State Bank | 401 Main Street | Lake View, IA 51450 |