Farmers State Bank of Dent

Headquarters

101 1st Ave N
Dent, MN 56528
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
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 of Dent is an FDIC insured institution located in Dent, MN. It was founded in 1908 and has approximately $0.03 billion in assets.

FDIC Insured Yes
FDIC Certificate # 1910
Date Established 1908
Assets $ 30.27 million
Loans $ 19.52 million
Deposits $ 27.76 million
Capital $ 2.40 million
 

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

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Farmers State Bank of Dent

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
2.669% 2.625% 0.63 $1,450 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 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
See Table
2.240 %
$0 Learn More
More Info

Note to Farmers State Bank of Dent
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Branches

Farmers State Bank of Dent 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 State Bank of Dent Locations


Financial Details

Farmers State Bank of Dent Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers State Bank of Dent. 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 of Dent U.S. Bank Average
57.74% 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 of Dent had $1,078,000 in non-current loans and $529,000 in owned real estate. To cover these potential losses it had $2,396,000 in equity and $387,000 in loans loss reserves. That gives it a Texas Ratio of 57.74%.

Return on Equity
Farmers State Bank of Dent U.S. Bank Average
3.87% 7.80%

Farmers State Bank of Dent has a Return on Equity of 3.87% 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 of Dent U.S. Bank Average
7.92% 12.68%

Farmers State Bank of Dent has a Capitalization of 7.92% 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 of Dent Balance Sheet Analysis

As of March 31, 2012, Farmers State Bank of Dent had assets of $30,271,000, loans of $19,523,000, and deposits of $27,755,000. 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 $ 19.52 million
Loan loss allowance $ 0.39 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.53 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 27.76 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 $ 30.27 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 of Dent’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Farmers State Bank of Dent’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 Of Dent

Branches and Savings

Is Farmers State Bank Of Dent FDIC insured?

Yes. It is covered under FDIC Certificate #1910.

Why does Farmers State Bank Of Dent 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 Of Dent CD rates not competitive?

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

Is Farmers State Bank Of Dent a commercial bank?

Yes

Where are Farmers State Bank Of Dent locations?

See branch locations nearby.

Is Farmers State Bank Of Dent open on Saturdays?

Is Farmers State Bank Of Dent open on Sundays?

What time does Farmers State Bank Of Dent open?

What time does Farmers State Bank Of Dent close?

Are Farmers State Bank Of Dent ATMs Open 24/7?

Do Farmers State Bank Of Dent ATMs accept cash deposits?

Can Farmers State Bank Of Dent customers use other ATMs?

Do Farmers State Bank Of Dent branches have notaries?

Will Farmers State Bank Of Dent notarize my document?

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

Will the Farmers State Bank Of Dent branch print checks?

Do Farmers State Bank Of Dent checks expire?

Does Farmers State Bank Of Dent require US citizenship to open account?

Can Farmers State Bank Of Dent close my account?

Does Farmers State Bank Of Dent Report to credit bureaus?

Does Farmers State Bank Of Dent Use Equifax?

What is Farmers State Bank Of Dent's ACH Routing Number?

What is Farmers State Bank Of Dent's SWIFT code?

Products

Does Farmers State Bank Of Dent offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers State Bank Of Dent offer personal loans?

Compare personal loan rates here.

Does Farmers State Bank Of Dent offer student loans?

Will Farmers State Bank Of Dent cash a check?

Will Farmers State Bank Of Dent redeem a savings bond?

Does Farmers State Bank Of Dent cash savings bonds?

Will Farmers State Bank Of Dent cash money orders?

Can Farmers State Bank Of Dent issue a money order?

Does Farmers State Bank Of Dent do currency exchange?

Background on The Bank

Who owns Farmers State Bank Of Dent?

How long has Farmers State Bank Of Dent been around?

Can Farmers State Bank Of Dent transfer to other banks?

Does Farmers State Bank Of Dent have quick pay?

Does Farmers State Bank Of Dent accept rolled coins?

Will Farmers State Bank Of Dent accept loose change?

Where is Farmers State Bank Of Dent headquarters?

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