The Farmers Bank (IA)

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.farmerstrust.bank

712-262-3340

125 West 4th Street
Spencer, IA 51301-7980

The Farmers Bank (IA) is headquartered in SPENCER and is the 43^rd largest bank in the state of Iowa. It is also the 1,530^th largest bank in the nation. It was established in 1916 and as of March of 2025, it had grown to 46 employees at 1 location. The Farmers Bank (IA) has a B+ health rating.

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Health

B+

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	12858
Year Established	1916
Employees	46
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.78%
Return on Equity - YTD	9.84%
Annual Interest Income	$8.1MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$618.9MM$609.1MM
Loans	Q1 2025vs Q1 2024	$507.5MM$508.6MM
Deposits	Q1 2025vs Q1 2024	$541.3MM$533.2MM
Equity Capital	Q1 2025vs Q1 2024	$49.9MM$47MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$6.1MM$6.7MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$2MM$3.1MM
Real Estate Owned	Q1 2025vs Q1 2024	$650K$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for The Farmers Bank (IA) are currently being reviewed.

Locations

The Farmers Bank (IA) Locations
Farmers Trust and Savings Bank	125 W 4th St	Spencer, IA 51301

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