Farmers Bank & Trust

Headquarters

1017 Harrison Street
Great Bend, KS 67530
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.40% →
1-Year CD 0.60% 1.15% →
2-Year CD 0.80% 1.26% →
5-Year CD 1.05% 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 & Trust is an FDIC insured institution located in Great Bend, KS. It was founded in 1907 and has approximately $0.87 billion in assets. Customers can open an account at one of its 9 branches.

FDIC Insured Yes
FDIC Certificate # 17614
Date Established 1907
Assets $ 872.78 million
Loans $ 351.11 million
Deposits $ 567.26 million
Capital $ 169.94 million
 

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

Deposit Rates - July 10, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,501 $7,500 Learn More
Money Market
0.15% $2,501 $10,000 Learn More
Money Market
0.30% $10,001 $25,000 Learn More
Money Market
0.35% $25,001 $50,000 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.35% $1,000 - Learn More
6 Mo CD
0.55% $1,000 - Learn More
12 Mo CD
0.60% $1,000 - Learn More
Special: 14 Mo CD
0.75% $1,000 - Learn More
18 Mo CD
0.70% $1,000 - Learn More
24 Mo CD
0.80% $1,000 - Learn More
30 Mo CD
0.82% $1,000 - Learn More
36 Mo CD
0.85% $1,000 - Learn More
48 Mo CD
1.00% $1,000 - Learn More
60 Mo CD
1.05% $1,000 - Learn More
Special: 66 Mo CD
1.25% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.60% $1 - Learn MoreShow Less
Special: 14 Mo FIRA
0.75% $1,000 - Learn MoreShow Less
Special: 66 Mo FIRA
1.25% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.05% $1 $1,000 Learn MoreShow Less
Int Ckg
0.08% $1,001 $10,000 Learn MoreShow Less

Loan Rates - July 10, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Farmers Bank & Trust

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.951% 2.875% 1.00 $2,460 $1,038 Learn More

Featured - Virginia 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 & Trust
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Farmers Bank & Trust 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:
Ashburn,Virginia


Farmers Bank & Trust Locations


Financial Details

Farmers Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers Bank & Trust. 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 & Trust U.S. Bank Average
3.03% 6.51%

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 December 31, 2019, Farmers Bank & Trust had $765,000 in non-current loans and $4,523,000 in owned real estate. To cover these potential losses it had $169,941,000 in equity and $4,782,000 in loans loss reserves. That gives it a Texas Ratio of 3.03%.

Return on Equity
Farmers Bank & Trust U.S. Bank Average
8.61% 9.41%

Farmers Bank & Trust has a Return on Equity of 8.61% versus the BestCashCow average of 9.41%. 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 & Trust U.S. Bank Average
19.47% 12.82%

Farmers Bank & Trust has a Capitalization of 19.47% versus the BestCashCow average of 12.82. 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 & Trust Balance Sheet Analysis

As of December 31, 2019, Farmers Bank & Trust had assets of $872,778,000, loans of $351,109,000, and deposits of $567,255,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $ 15.79 million
Interest-bearing balances $ 6.01 million
Total securities $ 464.83 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 351.11 million
Loan loss allowance $ 4.78 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.52 million
Goodwill and other intangibles $ 0.70 million
All other assets $ 31.93 million
     Total Assets $ 702.84 million
LIABILITIES
Total deposits $ 567.26 million
      Interest-bearing deposits $ 541.94 million
      Deposits held in domestic offices $ 567.26 million
      % insured (estimated) 84.69%
Federal funds purchased and repurchase agreements $ 0.17 million
Trading liabilities N.A.
Other borrowed funds $ 131.82 million
Subordinated debt N.A.
All other liabilities $ 3.60 million
      Total Liabilities $ 702.84 million
      Shareholders’ Equity $ 169.94 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 35.70 million
Total Interest Expense $ 10.18 million
Net interest income $ 25.52 million
Provision for loan and lease losses N.A.
Total non interest income $ 3.25 million
Total non interest expense $ 12.81 million
Pre-tax Net Operating Income $ 15.95 million

Bank Loan Profile?

The top three loan types in Farmers Bank & Trust’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Kansas, Farmers Bank & Trust has a significantly higher percent of Construction and Development 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 15.22
Multifamily
Mortgages
3.92
Credit Card Loans 0.00
Consumer Auto Loans 0.43
Small Business Loans 8.24
Construction and Development Loans 12.53
Commercial Real Estate 21.09
Commercial and Industrial Loans 4.95
Farm Loans 11.08

Frequently Asked Questions About Farmers Bank & Trust

Branches and Savings

Is Farmers Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #17614.

Why does Farmers Bank & Trust 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 & Trust CD rates not competitive?

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

Is Farmers Bank & Trust a commercial bank?

Yes

Where are Farmers Bank & Trust locations?

See branch locations nearby.

Is Farmers Bank & Trust open on Saturdays?

Is Farmers Bank & Trust open on Sundays?

What time does Farmers Bank & Trust open?

What time does Farmers Bank & Trust close?

Are Farmers Bank & Trust ATMs Open 24/7?

Do Farmers Bank & Trust ATMs accept cash deposits?

Can Farmers Bank & Trust customers use other ATMs?

Do Farmers Bank & Trust branches have notaries?

Will Farmers Bank & Trust notarize my document?

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

Will the Farmers Bank & Trust branch print checks?

Do Farmers Bank & Trust checks expire?

Does Farmers Bank & Trust require US citizenship to open account?

Can Farmers Bank & Trust close my account?

Does Farmers Bank & Trust Report to credit bureaus?

Does Farmers Bank & Trust Use Equifax?

What is Farmers Bank & Trust's ACH Routing Number?

What is Farmers Bank & Trust's SWIFT code?

Products

Does Farmers Bank & Trust offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers Bank & Trust offer personal loans?

Compare personal loan rates here.

Does Farmers Bank & Trust offer student loans?

Will Farmers Bank & Trust cash a check?

Will Farmers Bank & Trust redeem a savings bond?

Does Farmers Bank & Trust cash savings bonds?

Will Farmers Bank & Trust cash money orders?

Can Farmers Bank & Trust issue a money order?

Does Farmers Bank & Trust do currency exchange?

Background on The Bank

Who owns Farmers Bank & Trust?

How long has Farmers Bank & Trust been around?

Can Farmers Bank & Trust transfer to other banks?

Does Farmers Bank & Trust have quick pay?

Does Farmers Bank & Trust accept rolled coins?

Will Farmers Bank & Trust accept loose change?

Where is Farmers Bank & Trust headquarters?

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