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. 0.85% →
1-Year CD N.A. 0.67% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
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 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 - November 29, 2021

Your Current Location: Washington, WA 98109

 

Loan Rates - November 29, 2021

Your Current Location: Washington, WA 98109

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 - Washington 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
New American Funding
NMLS ID: 6606
2.999% 2.875%
1.00 points
$4,004 fees
$1,038 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Flagstar Bank-Heloc
Flagstar Bank-Heloc
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4.990 %
$0 Learn More
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
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BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
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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:
Seattle,Washington


Farmers State Bank of Sublette Locations



Climate Initiatives

Farmers State Bank of Sublette is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

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% 4.78%

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 June 30, 2021, 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% 11.29%

Farmers State Bank of Sublette has a Return on Equity of 1.39% versus the BestCashCow average of 11.29%. 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% 11.72%

Farmers State Bank of Sublette has a Capitalization of 9.74% versus the BestCashCow average of 11.72. 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

June 30, 2021
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

June 30, 2021
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 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

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