Farmers Bank of Lincoln

Headquarters

Main And Highway 65
Lincoln, MO 65338
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 1.40% →
1-Year CD 0.55% 1.15% →
2-Year CD 0.75% 1.26% →
5-Year CD 1.20% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Farmers Bank of Lincoln is an FDIC insured institution located in Lincoln, MO. It was founded in 1890 and has approximately $0.13 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 8267
Date Established 1890
Assets $ 131.97 million
Loans $ 89.45 million
Deposits $ 115.44 million
Capital $ 14.21 million
 

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

Deposit Rates - July 11, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $1 - Learn More
Money Market
0.20% $1 $9,999 Learn More
Money Market
0.35% $10,000 $24,999 Learn More
Money Market
1.00% $25,000 - Learn More
CD Rates APY MIN MAX
6 Mo CD
0.40% $1,000 $49,999 Learn More
6 Mo CD
0.45% $50,000 - Learn More
12 Mo CD
0.50% $1,000 $49,999 Learn More
12 Mo CD
0.55% $50,000 - Learn More
18 Mo CD
0.55% $1,000 $49,999 Learn More
18 Mo CD
0.60% $50,000 - Learn More
24 Mo CD
0.70% $1,000 $49,999 Learn More
24 Mo CD
0.75% $50,000 - Learn More
30 Mo CD
0.75% $1,000 $49,999 Learn More
30 Mo CD
0.80% $50,000 - Learn More
36 Mo CD
0.75% $1,000 $49,999 Learn More
36 Mo CD
0.80% $50,000 - Learn More
48 Mo CD
0.90% $1,000 $49,999 Learn More
48 Mo CD
0.95% $50,000 - Learn More
60 Mo CD
1.15% $1,000 $49,999 Learn More
60 Mo CD
1.20% $50,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.55% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - July 11, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Farmers Bank of Lincoln

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.950% 2.875% 1.00 $2,438 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to Farmers Bank of Lincoln
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Branches

Farmers Bank of Lincoln 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:
Fairfield,Connecticut


Farmers Bank of Lincoln Locations


Financial Details

Farmers Bank of Lincoln Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers Bank of Lincoln. 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 of Lincoln U.S. Bank Average
5.25% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2020, Farmers Bank of Lincoln had $423,000 in non-current loans and $380,000 in owned real estate. To cover these potential losses it had $14,212,000 in equity and $1,081,000 in loans loss reserves. That gives it a Texas Ratio of 5.25%.

Return on Equity
Farmers Bank of Lincoln U.S. Bank Average
13.71% 7.80%

Farmers Bank of Lincoln has a Return on Equity of 13.71% versus the BestCashCow average of 7.80%. 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 of Lincoln U.S. Bank Average
10.77% 12.68%

Farmers Bank of Lincoln has a Capitalization of 10.77% versus the BestCashCow average of 12.68. 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 of Lincoln Balance Sheet Analysis

As of March 31, 2020, Farmers Bank of Lincoln had assets of $131,972,000, loans of $89,446,000, and deposits of $115,437,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 26.50 million
Interest-bearing balances $ 23.69 million
Total securities $ 9.70 million
Federal funds sold and reverse repurchase $ 0.50 million
Net loans and leases $ 89.45 million
Loan loss allowance $ 1.08 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.38 million
Goodwill and other intangibles N.A.
All other assets $ 3.81 million
     Total Assets $ 117.76 million
LIABILITIES
Total deposits $ 115.44 million
      Interest-bearing deposits $ 90.84 million
      Deposits held in domestic offices $ 115.44 million
      % insured (estimated) 93.25%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.73 million
Subordinated debt N.A.
All other liabilities $ 0.60 million
      Total Liabilities $ 117.76 million
      Shareholders’ Equity $ 14.21 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.43 million
Total Interest Expense $ 0.33 million
Net interest income $ 1.10 million
Provision for loan and lease losses $ 0.00 million
Total non interest income $ 0.14 million
Total non interest expense $ 0.76 million
Pre-tax Net Operating Income $ 0.49 million

Bank Loan Profile?

The top three loan types in Farmers Bank of Lincoln’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Missouri, Farmers Bank of Lincoln has a significantly higher percent of 1-4 Family Residential 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 53.41
Multifamily
Mortgages
1.18
Credit Card Loans 0.00
Consumer Auto Loans 1.52
Small Business Loans 0.00
Construction and Development Loans 2.74
Commercial Real Estate 12.32
Commercial and Industrial Loans 4.48
Farm Loans 3.43

Frequently Asked Questions About Farmers Bank Of Lincoln

Branches and Savings

Is Farmers Bank Of Lincoln FDIC insured?

Yes. It is covered under FDIC Certificate #8267.

Why does Farmers Bank Of Lincoln 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 Of Lincoln CD rates not competitive?

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

Is Farmers Bank Of Lincoln a commercial bank?

Yes

Where are Farmers Bank Of Lincoln locations?

See branch locations nearby.

Is Farmers Bank Of Lincoln open on Saturdays?

Is Farmers Bank Of Lincoln open on Sundays?

What time does Farmers Bank Of Lincoln open?

What time does Farmers Bank Of Lincoln close?

Are Farmers Bank Of Lincoln ATMs Open 24/7?

Do Farmers Bank Of Lincoln ATMs accept cash deposits?

Can Farmers Bank Of Lincoln customers use other ATMs?

Do Farmers Bank Of Lincoln branches have notaries?

Will Farmers Bank Of Lincoln notarize my document?

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

Will the Farmers Bank Of Lincoln branch print checks?

Do Farmers Bank Of Lincoln checks expire?

Does Farmers Bank Of Lincoln require US citizenship to open account?

Can Farmers Bank Of Lincoln close my account?

Does Farmers Bank Of Lincoln Report to credit bureaus?

Does Farmers Bank Of Lincoln Use Equifax?

What is Farmers Bank Of Lincoln's ACH Routing Number?

What is Farmers Bank Of Lincoln's SWIFT code?

Products

Does Farmers Bank Of Lincoln offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers Bank Of Lincoln offer personal loans?

Compare personal loan rates here.

Does Farmers Bank Of Lincoln offer student loans?

Will Farmers Bank Of Lincoln cash a check?

Will Farmers Bank Of Lincoln redeem a savings bond?

Does Farmers Bank Of Lincoln cash savings bonds?

Will Farmers Bank Of Lincoln cash money orders?

Can Farmers Bank Of Lincoln issue a money order?

Does Farmers Bank Of Lincoln do currency exchange?

Background on The Bank

Who owns Farmers Bank Of Lincoln?

How long has Farmers Bank Of Lincoln been around?

Can Farmers Bank Of Lincoln transfer to other banks?

Does Farmers Bank Of Lincoln have quick pay?

Does Farmers Bank Of Lincoln accept rolled coins?

Will Farmers Bank Of Lincoln accept loose change?

Where is Farmers Bank Of Lincoln headquarters?

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