Farmers State Bank (OH)


Overview / Commentary
419-853-4631
11 South Main Street
West Salem, OH 44287

Farmers State Bank (OH) is headquartered in WEST SALEM and is the 103rd largest bank in the state of Ohio. It is also the 3,166th largest bank in the nation. It was established in 1915 and as of March of 2025, it had grown to 36 employees at 6 locations. Farmers State Bank (OH) has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #8647
Year Established1915
Employees36
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD12%
Annual Interest Income$2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$182.7MM$181.5MM
LoansQ1 2025vs Q1 2024$116MM$115.9MM
DepositsQ1 2025vs Q1 2024$166.2MM$157.5MM
Equity CapitalQ1 2025vs Q1 2024$11MM$9.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$1.1MM$1MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$0$0
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Farmers State Bank (OH) are currently being reviewed.

Locations


Farmers State Bank (OH) Locations
Marshallville Branch10 North Main StreetMarshallville, OH 44645
Farmers State Bank11 S Main StWest Salem, OH 44287
East Main Street Branch1690 East Main StreetAshland, OH 44805
Ashland Branch2017 S Baney RdAshland, OH 44805
Rittman Branch205 North Main StreetRittman, OH 44270
Wooster Office235 W Liberty StWooster, OH 44691

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