Farmers State Bank of Underwood is headquartered in Underwood and is the 189th largest bank in the state of Minnesota. It is also the 4,239th largest bank in the nation. It was established in 1915 and as of September of 2020, it had grown to 19 employees at 3 locations. Farmers State Bank of Underwood has a B+ health rating.
Overall | |
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FDIC Certificate # | 10174 |
Year Established | 1915 |
Employees | 19 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.22% |
Return on Equity - YTD | 13.44% |
Annual Interest Income | $3.0MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $84.6MM$72.0MM |
Loans | Q3 2020vs Q3 2019 | $61.3MM$51.5MM |
Deposits | Q3 2020vs Q3 2019 | $73.7MM$63.4MM |
Equity Capital | Q3 2020vs Q3 2019 | $7.1MM$6.8MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $816.00K$761.00K |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $228.00K$336.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $292.00K$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.50%* | - | $15k | Kasasa Saver | ||
OTHER TIERS: 0.25% → $15k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.00%* | - | $15k | Kasasa Cash | ||
OTHER TIERS: 0.25% → $15k+ |
Farmers State Bank of Underwood Locations | ||
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Dalton Branch | 105 Main Street West | Dalton, MN 56324 |
Farmers State Bank Of Underwood | 110 Main St | Underwood, MN 56586 |
Rothsay Branch | 451 Center Street North | Rothsay, MN 56579 |