The Farmers Bank (IA) is headquartered in Spencer and is the 53rd largest bank in the state of Iowa. It is also the 1,736th largest bank in the nation. It was established in 1916 and as of June of 2022, it had grown to 42 employees at 1 location. The Farmers Bank (IA) has a B+ health rating.
Overall | |
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FDIC Certificate # | 12858 |
Year Established | 1916 |
Employees | 42 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.45% |
Return on Equity - YTD | 16.22% |
Annual Interest Income | $8.6MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $502.0MM$475.8MM |
Loans | Q2 2022vs Q2 2021 | $394.9MM$376.1MM |
Deposits | Q2 2022vs Q2 2021 | $438.1MM$408.9MM |
Equity Capital | Q2 2022vs Q2 2021 | $42.9MM$46.2MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $6.2MM$6.8MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $5.7MM$8.4MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
Rates for The Farmers Bank (IA) are currently being reviewed.
The Farmers Bank (IA) Locations | ||
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Farmers Trust and Savings Bank | 125 W 4th St | Spencer, IA 51301 |