Farmers State Bank of Sublette

Headquarters

303 South Pennsylvania Avenue
Sublette, IL 61367
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 Sublette is an FDIC insured institution located in Sublette, IL. It was founded in 1920 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 5731
Date Established 1920
Assets $ 41.79 million
Loans $ 14.14 million
Deposits $ 35.20 million
Capital $ 4.07 million
 

For a more detailed analysis of Farmers State Bank of Sublette'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 Sublette

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 Sublette
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Branches

Farmers State Bank of Sublette 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 Sublette Locations


Financial Details

Farmers State Bank of Sublette Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers State Bank of Sublette. 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 Sublette U.S. Bank Average
1.35% 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 Sublette had $0 in non-current loans and $65,000 in owned real estate. To cover these potential losses it had $4,072,000 in equity and $737,000 in loans loss reserves. That gives it a Texas Ratio of 1.35%.

Return on Equity
Farmers State Bank of Sublette U.S. Bank Average
1.39% 7.80%

Farmers State Bank of Sublette has a Return on Equity of 1.39% 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 Sublette U.S. Bank Average
9.74% 12.68%

Farmers State Bank of Sublette has a Capitalization of 9.74% 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 Sublette Balance Sheet Analysis

As of March 31, 2015, Farmers State Bank of Sublette had assets of $39,287,000, loans of $14,136,000, and deposits of $35,199,000. 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 $ 14.14 million
Loan loss allowance $ 0.74 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.07 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 35.20 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 $ 41.79 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 Sublette’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Illinois, Farmers State Bank of Sublette has a significantly higher percent of Small Business Loans, Commercial and Industrial Loans, Farm 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 17.17
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.86
Small Business Loans 15.84
Construction and Development Loans 0.33
Commercial Real Estate 15.84
Commercial and Industrial Loans 26.73
Farm Loans 27.25

Frequently Asked Questions About Farmers State Bank Of Sublette

Branches and Savings

Is Farmers State Bank Of Sublette FDIC insured?

Yes. It is covered under FDIC Certificate #5731.

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

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

Is Farmers State Bank Of Sublette a commercial bank?

Yes

Where are Farmers State Bank Of Sublette locations?

See branch locations nearby.

Is Farmers State Bank Of Sublette open on Saturdays?

Is Farmers State Bank Of Sublette open on Sundays?

What time does Farmers State Bank Of Sublette open?

What time does Farmers State Bank Of Sublette close?

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

Do Farmers State Bank Of Sublette ATMs accept cash deposits?

Can Farmers State Bank Of Sublette customers use other ATMs?

Do Farmers State Bank Of Sublette branches have notaries?

Will Farmers State Bank Of Sublette notarize my document?

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

Will the Farmers State Bank Of Sublette branch print checks?

Do Farmers State Bank Of Sublette checks expire?

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

Can Farmers State Bank Of Sublette close my account?

Does Farmers State Bank Of Sublette Report to credit bureaus?

Does Farmers State Bank Of Sublette Use Equifax?

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

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

Products

Does Farmers State Bank Of Sublette offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers State Bank Of Sublette offer personal loans?

Compare personal loan rates here.

Does Farmers State Bank Of Sublette offer student loans?

Will Farmers State Bank Of Sublette cash a check?

Will Farmers State Bank Of Sublette redeem a savings bond?

Does Farmers State Bank Of Sublette cash savings bonds?

Will Farmers State Bank Of Sublette cash money orders?

Can Farmers State Bank Of Sublette issue a money order?

Does Farmers State Bank Of Sublette do currency exchange?

Background on The Bank

Who owns Farmers State Bank Of Sublette?

How long has Farmers State Bank Of Sublette been around?

Can Farmers State Bank Of Sublette transfer to other banks?

Does Farmers State Bank Of Sublette have quick pay?

Does Farmers State Bank Of Sublette accept rolled coins?

Will Farmers State Bank Of Sublette accept loose change?

Where is Farmers State Bank Of Sublette headquarters?

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