| Bank Cert #5797

Farmers State Bank

Iowa JSON

Institution Profile

Address: 99 7th St N Northwood, IA 50459
Website:

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FDIC Profile:

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Established:

11/15/1921

Branches:

8

Branches by Region
IA 8

Financial Overview

Total Assets
$220.68M
Total Deposits
$182.53M
Total Loans
$159.54M
Equity Capital
$21.23M
Employees
34
Allowance for Loan Losses
$1.86M

Performance Ratios

Net Worth Ratio
9.62%
Loan-to-Deposit Ratio
87.40%
Coverage Ratio
1.17% Allowance / Total Loans
Net Income
$1.22M
Return on Assets (ROA)
0.55%
Return on Equity (ROE)
5.98%

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +11.28% Total Deposits: +11.31% Total Loans: +44.18% since 2020 Q1

Employee Growth

Employee Growth

Employees: -17.07% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

1-4 Family Residential
$48.18M 30.2%
Farmland
$37.15M 23.3%
Agricultural
$27.62M 17.3%
Commercial Real Estate
$16.88M 10.6%
Commercial & Industrial
$12.66M 7.9%
Construction
$7.31M 4.6%
Lease Financing
$3.92M 2.5%
Auto Loans
$2.31M 1.4%
Multifamily
$2.05M 1.3%
Other Consumer
$1.21M 0.8%
Municipal
$199,000 0.1%

Portfolio Distribution

Net Income Trend

Net Income Trend

Net Income: +146.45% since 2020 Q1

Historical Data Table

QuarterTotal AssetsTotal DepositsTotal LoansNet IncomeEmployees
2025 Q4 $220.68M $182.53M $159.54M $1.22M 34
2025 Q3 $222.49M $172.25M $156.58M $1.00M 33
2025 Q2 $221.28M $178.20M $156.78M $547,000 39
2025 Q1 $224.16M $177.10M $158.82M $596,000 35
2024 Q4 $218.88M $176.93M $154.35M $587,000 34
2024 Q3 $217.71M $171.58M $151.82M $278,000 34
2024 Q2 $215.87M $182.75M $146.76M $42,000 39
2024 Q1 $219.92M $195.43M $148.44M -$438,000 33
2023 Q4 $237.94M $202.62M $143.31M $1.18M 34
2023 Q3 $234.60M $208.88M $143.33M $944,000 34
2023 Q2 $239.35M $211.88M $143.87M $555,000 37
2023 Q1 $250.30M $211.04M $141.94M $455,000 33
2022 Q4 $238.51M $213.93M $135.38M $2.04M 37
2022 Q3 $232.34M $182.65M $130.54M $1.67M 38
2022 Q2 $224.62M $192.85M $123.28M $1.11M 39
2022 Q1 $220.71M $193.89M $108.64M $545,000 36
2021 Q4 $222.54M $190.20M $110.41M $2.68M 39
2021 Q3 $214.71M $181.67M $106.52M $2.35M 37
2021 Q2 $221.34M $186.66M $108.57M $1.86M 41
2021 Q1 $215.37M $182.99M $112.81M $1.12M 40
2020 Q4 $213.41M $180.41M $109.66M $2.11M 41
2020 Q3 $211.24M $178.35M $114.99M $1.61M 40
2020 Q2 $202.90M $169.50M $113.97M $1.21M 41
2020 Q1 $198.31M $163.98M $110.65M $493,000 41