The Farmers State Bank of Westmoreland
Overview / Commentary
The Farmers State Bank of Westmoreland is headquartered in WESTMORELAND and is the 79th largest bank in the state of Kansas. It is also the 2,866th largest bank in the nation. It was established in 1898 and as of March of 2023, it had grown to 35 employees at 3 locations. The Farmers State Bank of Westmoreland has a B+ health rating.
Reviews (1)
No Outside Money
Posted by: jjones6554 | Jan 2, 2019
Called on 1/2/2019 and was told you had to be local in order to take out cd's at this bank!! No OUTSIDE money!!!!
Health
B+
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 15164 |
| Year Established | 1898 |
| Employees | 35 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 7.05% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $228.1MM$232.2MM |
| Loans | Q1 2023vs Q1 2022 | $142.9MM$128.9MM |
| Deposits | Q1 2023vs Q1 2022 | $198.5MM$202.8MM |
| Equity Capital | Q1 2023vs Q1 2022 | $27.4MM$29.0MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $2.8MM$2.4MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $2.4MM$2.8MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |