Farmers Bank

914 Main Street
Buhl, ID 83316

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 2850
Date Established 1917
Assets $0.46 billion
Loans $0.24 billion
Deposits $0.40 billion
Capital $0.07 billion

Farmers Bank is an FDIC insured institution located in Buhl, ID. It was founded in 1917 and has approximately $0.46 billion in assets. Customers can open an account at one of its 6 branches.

For a more detailed analysis of Farmers Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Farmers Bank’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Idaho, Farmers Bank has a significantly higher percent of Farm Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 10.43
Multifamily
Mortgages
1.07
Credit Card Loans 0.28
Consumer Auto Loans 1.64
Small Business Loans 7.74
Construction and Development Loans 7.80
Commercial Real Estate 12.58
Commercial and Industrial Loans 22.91
Farm Loans 24.80

Deposit Rates - April 21, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $1,000 $19,999 Learn MoreShow Less
Money Market
0.20% $20,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $500 - Learn MoreShow Less
6 Mo CD
0.80% $500 - Learn MoreShow Less
12 Mo CD
1.35% $500 - Learn MoreShow Less
18 Mo CD
1.51% $500 - Learn MoreShow Less
24 Mo CD
1.56% $500 - Learn MoreShow Less
30 Mo CD
1.66% $500 - Learn MoreShow Less
36 Mo CD
1.71% $500 - Learn MoreShow Less
48 Mo CD
1.96% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
1.35% $500 $9,999,999 Learn MoreShow Less
Fixed IRA
1.51% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.08% $100 - Learn MoreShow Less

Loan Rates - April 21, 2019

Your Current Location: Washington, WA 98109

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Farmers Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Farmers Bank Locations


Financial Details

Farmers Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Farmers Bank U.S. Bank Average
1.36% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2018, Farmers Bank had $980,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $66,063,000 in equity and $6,024,000 in loans loss reserves. That gives it a Texas Ratio of 1.36%.

Return on Equity
Farmers Bank U.S. Bank Average
9.19% 8.80%

Farmers Bank has a Return on Equity of 9.19% versus the BestCashCow average of 8.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Farmers Bank U.S. Bank Average
14.27% 12.29%

Farmers Bank has a Capitalization of 14.27% versus the BestCashCow average of 12.29. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Farmers Bank Balance Sheet Analysis

As of December 31, 2018, Farmers Bank had assets of $463,027,000, loans of $241,235,000, and deposits of $396,060,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.01 billion
Total securities $0.18 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.24 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.40 billion
LIABILITIES
Total deposits $0.40 billion
      Interest-bearing deposits $0.29 billion
      Deposits held in domestic offices $0.40 billion
      % insured (estimated) 79.52%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.40 billion
      Shareholders’ Equity $0.07 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Farmers Bank

Branches and Savings

Is Farmers Bank FDIC insured?

Yes. It is covered under FDIC Certificate #2850.

Why does Farmers Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Farmers Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Farmers Bank a commercial bank?

Yes

Where are Farmers Bank locations?

See branch locations nearby.

Is Farmers Bank open on Saturdays?

Is Farmers Bank open on Sundays?

What time does Farmers Bank open?

What time does Farmers Bank close?

Are Farmers Bank ATMs Open 24/7?

Do Farmers Bank ATMs accept cash deposits?

Can Farmers Bank customers use other ATMs?

Do Farmers Bank branches have notaries?

Will Farmers Bank notarize my document?

What address for Farmers Bank should I put for incoming ACH transfers?

Will the Farmers Bank branch print checks?

Do Farmers Bank checks expire?

Does Farmers Bank require US citizenship to open account?

Can Farmers Bank close my account?

Does Farmers Bank Report to credit bureaus?

Does Farmers Bank Use Equifax?

What is Farmers Bank's ACH Routing Number?

What is Farmers Bank's SWIFT code?

Products

Does Farmers Bank offer mortgages?

Compare mortgage rates here.

Does Farmers Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Farmers Bank offer personal loans?

Compare personal loan rates here.

Does Farmers Bank offer student loans?

Will Farmers Bank cash a check?

Will Farmers Bank redeem a savings bond?

Does Farmers Bank cash savings bonds?

Will Farmers Bank cash money orders?

Can Farmers Bank issue a money order?

Does Farmers Bank do currency exchange?

Background on The Bank

Who owns Farmers Bank?

How long has Farmers Bank been around?

Can Farmers Bank transfer to other banks?

Does Farmers Bank have quick pay?

Does Farmers Bank accept rolled coins?

Will Farmers Bank accept loose change?

Where is Farmers Bank headquarters?

Customer Reviews for Farmers Bank


  • tavonnepayne

    June 28, 2017 |

    showmetwothousanddollars

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