Farmers State Bank (IL) is headquartered in Pittsfield and is the 144th largest bank in the state of Illinois. It is also the 2,432nd largest bank in the nation. It was established in 1889 and as of March of 2020, it had grown to 50 employees at 6 locations. Farmers State Bank (IL) has an A health rating.
Hometown bank with hometown service
I feel very fortunate that I am able to have access to Farmers State Bank. The bank and its employees take the needs of the clients first and foremost. They are ready and willing to help solve problems and find the right products for the client. As well, they are very involved in the community and support a plethora of events and organizations to better build a wonderful community. I like being able to walk in and the people know me and my kids. It's nice to be wanted to appreciated.
Data as of Q1 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11307 |
| Year Established | 1889 |
| Employees | 50 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.57% |
| Return on Equity - YTD | 11.51% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $259.6MM$253.2MM |
| Loans | Q1 2020vs Q1 2019 | $187.4MM$181.9MM |
| Deposits | Q1 2020vs Q1 2019 | $222.6MM$218.0MM |
| Equity Capital | Q1 2020vs Q1 2019 | $35.4MM$33.6MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $1.7MM$1.7MM |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $1.2MM$263.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |