Farmers State Bank (IL) is headquartered in Pittsfield and is the 148th largest bank in the state of Illinois. It is also the 2,401st largest bank in the nation. It was established in 1889 and as of December of 2021, it had grown to 46 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 Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11307 |
| Year Established | 1889 |
| Employees | 46 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.27% |
| Return on Equity - YTD | 9.83% |
| Annual Interest Income | $10.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $320.9MM$293.2MM |
| Loans | Q4 2021vs Q4 2020 | $204.5MM$198.9MM |
| Deposits | Q4 2021vs Q4 2020 | $278.1MM$248.3MM |
| Equity Capital | Q4 2021vs Q4 2020 | $40.6MM$38.7MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $1.9MM$1.9MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $503.00K$468.00K |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |