Farmers State Bank


Overview / Commentary
507-845-2233
601 N. Broadway
Hartland, MN 56042

Farmers State Bank is headquartered in Hartland and is the 107th largest bank in the state of Minnesota. It is also the 3,265th largest bank in the nation. It was established in 1912 and as of June of 2019, it had grown to 26 employees at 3 locations. Farmers State Bank has an A+ health rating.

Reviews

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Health
A+

Health Grade Components

Overall
FDIC Certificate #10561
Year Established1912
Employees26
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.77%
Return on Equity - YTD15.24%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$159.6MM$148.9MM
LoansQ2 2019vs Q2 2018$111.4MM$109.5MM
DepositsQ2 2019vs Q2 2018$140.8MM$132.4MM
Equity CapitalQ2 2019vs Q2 2018$18.5MM$16.2MM
Loan Loss AllowanceQ2 2019vs Q2 2018$1.4MM$1.2MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$100.00K$19.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
Rates

Rates for Farmers State Bank are currently being reviewed.

Locations


Farmers State Bank Locations
Albert Lea Branch1452 W. Main St.Albert Lea, MN 56007
Freeborn Branch215 5th AveFreeborn, MN 56032
Farmers State Bank Of Hartland601 N. BroadwayHartland, MN 56042

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