Farmers State Bank of Fulton County

Headquarters

105 West Lncoln Street
Lewistown, IL 61542
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.70% →
1-Year CD N.A. 0.71% →
2-Year CD N.A. 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Farmers State Bank of Fulton County is an FDIC insured institution located in Lewistown, IL. It was founded in 1982 and has approximately $0.06 billion in assets.

FDIC Insured Yes
FDIC Certificate # 23866
Date Established 1982
Assets $ 62.42 million
Loans $ 33.77 million
Deposits $ 55.75 million
Capital $ 6.51 million
 

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

Deposit Rates - January 26, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - January 26, 2021

Your Current Location: Connecticut, CT 06828

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

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 2021

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2.480% 2.375% 1.00 $3,500 $972 Learn More
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Featured - Connecticut Home Equity Line Of Credit Rates 2021

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2.240 %
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People's United Bank, N.A.
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Note to Farmers State Bank of Fulton County
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Branches

Farmers State Bank of Fulton County 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 of Fulton County Locations


Financial Details

Farmers State Bank of Fulton County Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers State Bank of Fulton County. 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 Fulton County U.S. Bank Average
1.56% 6.14%

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 September 30, 2020, Farmers State Bank of Fulton County had $109,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,505,000 in equity and $480,000 in loans loss reserves. That gives it a Texas Ratio of 1.56%.

Return on Equity
Farmers State Bank of Fulton County U.S. Bank Average
14.67% 9.23%

Farmers State Bank of Fulton County has a Return on Equity of 14.67% versus the BestCashCow average of 9.23%. 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 Fulton County U.S. Bank Average
10.42% 12.07%

Farmers State Bank of Fulton County has a Capitalization of 10.42% versus the BestCashCow average of 12.07. 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 Fulton County Balance Sheet Analysis

As of September 30, 2011, Farmers State Bank of Fulton County had assets of $62,415,000, loans of $33,771,000, and deposits of $55,749,000. 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

September 30, 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 $ 33.77 million
Loan loss allowance $ 0.48 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 $ 55.75 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 $ 62.42 million

Summary Income Statement

September 30, 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 Fulton County’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Farmers State Bank of Fulton County’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 Fulton County

Branches and Savings

Is Farmers State Bank Of Fulton County FDIC insured?

Yes. It is covered under FDIC Certificate #23866.

Why does Farmers State Bank Of Fulton County 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 Fulton County CD rates not competitive?

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

Is Farmers State Bank Of Fulton County a commercial bank?

Yes

Where are Farmers State Bank Of Fulton County locations?

See branch locations nearby.

Is Farmers State Bank Of Fulton County open on Saturdays?

Is Farmers State Bank Of Fulton County open on Sundays?

What time does Farmers State Bank Of Fulton County open?

What time does Farmers State Bank Of Fulton County close?

Are Farmers State Bank Of Fulton County ATMs Open 24/7?

Do Farmers State Bank Of Fulton County ATMs accept cash deposits?

Can Farmers State Bank Of Fulton County customers use other ATMs?

Do Farmers State Bank Of Fulton County branches have notaries?

Will Farmers State Bank Of Fulton County notarize my document?

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

Will the Farmers State Bank Of Fulton County branch print checks?

Do Farmers State Bank Of Fulton County checks expire?

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

Can Farmers State Bank Of Fulton County close my account?

Does Farmers State Bank Of Fulton County Report to credit bureaus?

Does Farmers State Bank Of Fulton County Use Equifax?

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

What is Farmers State Bank Of Fulton County's SWIFT code?

Products

Does Farmers State Bank Of Fulton County offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers State Bank Of Fulton County offer personal loans?

Compare personal loan rates here.

Does Farmers State Bank Of Fulton County offer student loans?

Will Farmers State Bank Of Fulton County cash a check?

Will Farmers State Bank Of Fulton County redeem a savings bond?

Does Farmers State Bank Of Fulton County cash savings bonds?

Will Farmers State Bank Of Fulton County cash money orders?

Can Farmers State Bank Of Fulton County issue a money order?

Does Farmers State Bank Of Fulton County do currency exchange?

Background on The Bank

Who owns Farmers State Bank Of Fulton County?

How long has Farmers State Bank Of Fulton County been around?

Can Farmers State Bank Of Fulton County transfer to other banks?

Does Farmers State Bank Of Fulton County have quick pay?

Does Farmers State Bank Of Fulton County accept rolled coins?

Will Farmers State Bank Of Fulton County accept loose change?

Where is Farmers State Bank Of Fulton County headquarters?

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