United Farmers State Bank

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

United Farmers State Bank is headquartered in Adams and is the 114th largest bank in the state of Minnesota. It is also the 3,284th largest bank in the nation. It was established in 1914 and as of March of 2020, 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 - YTD1.89%
Return on Equity - YTD16.11%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$154.2MM$150.4MM
LoansQ1 2020vs Q1 2019$131.2MM$133.7MM
DepositsQ1 2020vs Q1 2019$120.6MM$118.3MM
Equity CapitalQ1 2020vs Q1 2019$18.8MM$18.3MM
Loan Loss AllowanceQ1 2020vs Q1 2019$2.5MM$2.3MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$1.1MM$191.00K
Real Estate OwnedQ1 2020vs Q1 2019$0$0

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

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