Farmers State Bank, Astoria

Headquarters

122 West Broadway
Astoria, IL 61501
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Farmers State Bank, Astoria is an FDIC insured institution located in Astoria, IL. It was founded in 1981 and has approximately $0.02 billion in assets.

FDIC Insured Yes
FDIC Certificate # 23324
Date Established 1981
Assets $ 18.29 million
Loans $ 9.95 million
Deposits $ 16.72 million
Capital $ 1.55 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Farmers State Bank, Astoria

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

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Payment
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Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

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People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.990 %
$0 Learn More
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Note to Farmers State Bank, Astoria
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Branches

Farmers State Bank, Astoria 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 State Bank, Astoria Locations


Financial Details

Farmers State Bank, Astoria Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers State Bank, Astoria. 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 State Bank, Astoria U.S. Bank Average
0.24% 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 State Bank, Astoria had $4,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $1,546,000 in equity and $134,000 in loans loss reserves. That gives it a Texas Ratio of 0.24%.

Return on Equity
Farmers State Bank, Astoria U.S. Bank Average
9.63% 7.80%

Farmers State Bank, Astoria has a Return on Equity of 9.63% 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 State Bank, Astoria U.S. Bank Average
8.45% 12.68%

Farmers State Bank, Astoria has a Capitalization of 8.45% 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 State Bank, Astoria Balance Sheet Analysis

As of March 31, 2011, Farmers State Bank, Astoria had assets of $18,292,000, loans of $9,945,000, and deposits of $16,721,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 9.95 million
Loan loss allowance $ 0.13 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 16.72 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 18.29 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Farmers State Bank, Astoria’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Farmers State Bank, Astoria’s loan portfolio does not show any specific loan specialty.

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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Farmers State Bank, Astoria

Branches and Savings

Is Farmers State Bank, Astoria FDIC insured?

Yes. It is covered under FDIC Certificate #23324.

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

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

Why are Farmers State Bank, Astoria CD rates not competitive?

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

Is Farmers State Bank, Astoria a commercial bank?

Yes

Where are Farmers State Bank, Astoria locations?

See branch locations nearby.

Is Farmers State Bank, Astoria open on Saturdays?

Is Farmers State Bank, Astoria open on Sundays?

What time does Farmers State Bank, Astoria open?

What time does Farmers State Bank, Astoria close?

Are Farmers State Bank, Astoria ATMs Open 24/7?

Do Farmers State Bank, Astoria ATMs accept cash deposits?

Can Farmers State Bank, Astoria customers use other ATMs?

Do Farmers State Bank, Astoria branches have notaries?

Will Farmers State Bank, Astoria notarize my document?

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

Will the Farmers State Bank, Astoria branch print checks?

Do Farmers State Bank, Astoria checks expire?

Does Farmers State Bank, Astoria require US citizenship to open account?

Can Farmers State Bank, Astoria close my account?

Does Farmers State Bank, Astoria Report to credit bureaus?

Does Farmers State Bank, Astoria Use Equifax?

What is Farmers State Bank, Astoria's ACH Routing Number?

What is Farmers State Bank, Astoria's SWIFT code?

Products

Does Farmers State Bank, Astoria offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers State Bank, Astoria offer personal loans?

Compare personal loan rates here.

Does Farmers State Bank, Astoria offer student loans?

Will Farmers State Bank, Astoria cash a check?

Will Farmers State Bank, Astoria redeem a savings bond?

Does Farmers State Bank, Astoria cash savings bonds?

Will Farmers State Bank, Astoria cash money orders?

Can Farmers State Bank, Astoria issue a money order?

Does Farmers State Bank, Astoria do currency exchange?

Background on The Bank

Who owns Farmers State Bank, Astoria?

How long has Farmers State Bank, Astoria been around?

Can Farmers State Bank, Astoria transfer to other banks?

Does Farmers State Bank, Astoria have quick pay?

Does Farmers State Bank, Astoria accept rolled coins?

Will Farmers State Bank, Astoria accept loose change?

Where is Farmers State Bank, Astoria headquarters?

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