United Farmers State Bank

Overview / Commentary
15 4th Street Sw
Adams, MN 55909

United Farmers State Bank is headquartered in Adams and is the 116th largest bank in the state of Minnesota. It is also the 3,164th largest bank in the nation. It was established in 1914 and as of June of 2022, it had grown to 20 employees at 3 locations. United Farmers State Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #8821
Year Established1914
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.57%
Return on Equity - YTD15.53%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$190.3MM$180.4MM
LoansQ2 2022vs Q2 2021$146.1MM$123.5MM
DepositsQ2 2022vs Q2 2021$171.8MM$150.9MM
Equity CapitalQ2 2022vs Q2 2021$18.0MM$20.6MM
Loan Loss AllowanceQ2 2022vs Q2 2021$2.8MM$2.6MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$33.00K$38.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0

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United Farmers State Bank Locations
Farmers State Bank Of Adams, Minnesota15 Sw 4th StAdams, MN 55909
Rose Creek Branch61255 170th StreetRose Creek, MN 55970
Dexter Facility235 South Main StreetDexter, MN 55926

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