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 105th largest bank in the state of Ohio. It is also the 3,127th largest bank in the nation. It was established in 1915 and as of December of 2024, it had grown to 37 employees at 6 locations. Farmers State Bank (OH) has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #8647
Year Established1915
Employees37
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD14.23%
Annual Interest Income$8.2MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$186.9MM$177.1MM
LoansQ4 2024vs Q4 2023$114.5MM$115.2MM
DepositsQ4 2024vs Q4 2023$171MM$162.1MM
Equity CapitalQ4 2024vs Q4 2023$10.4MM$9.5MM
Loan Loss AllowanceQ4 2024vs Q4 2023$1.1MM$1MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$172K$0
Real Estate OwnedQ4 2024vs Q4 2023$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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