Farmers Savings Bank

205 West Main Street
Marshalltown, IA 50158


2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 18394
Date Established 1894
Assets $0.11 billion
Loans $0.07 billion
Deposits $0.09 billion
Capital $0.02 billion

Farmers Savings Bank is an FDIC insured institution located in Marshalltown, IA. It was founded in 1894 and has approximately $0.11 billion in assets. Customers can open an account at one of its 3 branches.

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

Deposit Rates - October 14, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.02% $2,500 $24,999 Learn MoreShow Less
Money Market
0.03% $25,000 $49,999 Learn MoreShow Less
3 Mo CD
0.20% $500 - Learn MoreShow Less
6 Mo CD
0.50% $500 - Learn MoreShow Less
12 Mo CD
0.70% $500 - Learn MoreShow Less
Special: 15 Mo CD
1.51% $5,000 - Learn MoreShow Less
18 Mo CD
0.85% $500 - Learn MoreShow Less
24 Mo CD
1.00% $500 - Learn MoreShow Less
Special: 25 Mo CD
1.91% $5,000 - Learn MoreShow Less
36 Mo CD
1.71% $500 - Learn MoreShow Less
Special: 42 Mo CD
2.07% $5,000 - Learn MoreShow Less
48 Mo CD
1.86% $500 - Learn MoreShow Less
60 Mo CD
2.01% $500 - Learn MoreShow Less

Fixed IRA
0.70% $250 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.60% $250 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $500 - Learn MoreShow Less

Loan Rates - October 14, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Farmers Savings Bank

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 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Insight Loans
NMLS ID: 203765
License#: MC-6772
3.652% 3.625% 0.38 $898 $1,141 Learn More
NMLS ID: 2890
License#: MC-3098
3.643% 3.625% 0.25 $560 $1,141 Learn More
Hamilton National Mortgage Co.
NMLS ID: 122701
3.652% 3.625% 0.38 $838 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

Note to Farmers Savings Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Farmers Savings 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:

Farmers Savings Bank Locations

Financial Details

Farmers Savings Bank Ratio Analysis

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

Texas Ratio
Farmers Savings Bank U.S. Bank Average
2.72% 6.77%

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 June 30, 2019, Farmers Savings Bank had $408,000 in non-current loans and $61,000 in owned real estate. To cover these potential losses it had $16,082,000 in equity and $1,147,000 in loans loss reserves. That gives it a Texas Ratio of 2.72%.

Return on Equity
Farmers Savings Bank U.S. Bank Average
8.45% 9.50%

Farmers Savings Bank has a Return on Equity of 8.45% versus the BestCashCow average of 9.50%. 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.

Farmers Savings Bank U.S. Bank Average
14.55% 12.76%

Farmers Savings Bank has a Capitalization of 14.55% versus the BestCashCow average of 12.76. 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 Savings Bank Balance Sheet Analysis

As of June 30, 2019, Farmers Savings Bank had assets of $110,494,000, loans of $68,339,000, and deposits of $90,816,000. 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

June 30, 2019
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.07 billion
Loan loss allowance $0.00 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 $0.00 billion
     Total Assets $0.09 billion
Total deposits $0.09 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.09 billion
      % insured (estimated) 85.70%
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 $0.09 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

June 30, 2019
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

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

Compared to other banks in Iowa, Farmers Savings Bank has a significantly higher percent of Multifamily Mortgages 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 21.87
Credit Card Loans 0.00
Consumer Auto Loans 0.94
Small Business Loans 7.86
Construction and Development Loans 1.94
Commercial Real Estate 14.60
Commercial and Industrial Loans 8.96
Farm Loans 17.26

Frequently Asked Questions About Farmers Savings Bank

Branches and Savings

Is Farmers Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #18394.

Why does Farmers Savings 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 Savings Bank CD rates not competitive?

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

Is Farmers Savings Bank a commercial bank?


Where are Farmers Savings Bank locations?

See branch locations nearby.

Is Farmers Savings Bank open on Saturdays?

Is Farmers Savings Bank open on Sundays?

What time does Farmers Savings Bank open?

What time does Farmers Savings Bank close?

Are Farmers Savings Bank ATMs Open 24/7?

Do Farmers Savings Bank ATMs accept cash deposits?

Can Farmers Savings Bank customers use other ATMs?

Do Farmers Savings Bank branches have notaries?

Will Farmers Savings Bank notarize my document?

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

Will the Farmers Savings Bank branch print checks?

Do Farmers Savings Bank checks expire?

Does Farmers Savings Bank require US citizenship to open account?

Can Farmers Savings Bank close my account?

Does Farmers Savings Bank Report to credit bureaus?

Does Farmers Savings Bank Use Equifax?

What is Farmers Savings Bank's ACH Routing Number?

What is Farmers Savings Bank's SWIFT code?


Does Farmers Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers Savings Bank offer personal loans?

Compare personal loan rates here.

Does Farmers Savings Bank offer student loans?

Will Farmers Savings Bank cash a check?

Will Farmers Savings Bank redeem a savings bond?

Does Farmers Savings Bank cash savings bonds?

Will Farmers Savings Bank cash money orders?

Can Farmers Savings Bank issue a money order?

Does Farmers Savings Bank do currency exchange?

Background on The Bank

Who owns Farmers Savings Bank?

How long has Farmers Savings Bank been around?

Can Farmers Savings Bank transfer to other banks?

Does Farmers Savings Bank have quick pay?

Does Farmers Savings Bank accept rolled coins?

Will Farmers Savings Bank accept loose change?

Where is Farmers Savings Bank headquarters?

Customer Reviews for Farmers Savings Bank

There are currently no comments for Farmers Savings Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →