The Farmers Bank (IA) is headquartered in Spencer and is the 52nd largest bank in the state of Iowa. It is also the 1,732nd largest bank in the nation. It was established in 1916 and as of March of 2022, it had grown to 42 employees at 1 location. The Farmers Bank (IA)'s savings rates are 92% higher than the national average, and it 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 | 1.49% |
Return on Equity - YTD | 16.36% |
Annual Interest Income | $4.3MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $502.4MM$493.7MM |
Loans | Q1 2022vs Q1 2021 | $397.5MM$371.9MM |
Deposits | Q1 2022vs Q1 2021 | $440.2MM$428.4MM |
Equity Capital | Q1 2022vs Q1 2021 | $44.1MM$45.2MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $6.2MM$6.5MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $6.1MM$9.5MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The Farmers Bank (IA) Locations | ||
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Farmers Trust and Savings Bank | 125 West 4th Street | Spencer, IA 51301 |