Farmers & Stockmens Bank

Headquarters

22 Maple Street
Clayton, NM 88415
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 1.05% →
1-Year CD 0.60% 0.95% →
2-Year CD 0.95% 1.05% →
5-Year CD 1.15% 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 & Stockmens Bank is an FDIC insured institution located in Clayton, NM. It was founded in 1920 and has approximately $0.23 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 13625
Date Established 1920
Assets $ 228.25 million
Loans $ 173.04 million
Deposits $ 183.40 million
Capital $ 33.26 million
 

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

Deposit Rates - September 20, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.35% $10,000 $14,999 Learn More
3 Mo CD
0.35% $100,000 $199,999 Learn More
6 Mo CD
0.45% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.55% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
0.75% $100,000 $199,999 Learn More
24 Mo CD
0.95% $10,000 $14,999 Learn More
24 Mo CD
0.95% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.05% $10,000 $14,999 Learn More
48 Mo CD
1.05% $100,000 $199,999 Learn More
60 Mo CD
1.15% $10,000 $14,999 Learn More
60 Mo CD
1.15% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 20, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Farmers & Stockmens Bank

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More

Featured - Connecticut 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
2.990 %
$0 Learn More
More Info

Note to Farmers & Stockmens Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Farmers & Stockmens Bank 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 & Stockmens Bank Locations


Financial Details

Farmers & Stockmens Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers & Stockmens Bank. 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 & Stockmens Bank U.S. Bank Average
0.48% 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 & Stockmens Bank had $24,000 in non-current loans and $148,000 in owned real estate. To cover these potential losses it had $33,258,000 in equity and $2,464,000 in loans loss reserves. That gives it a Texas Ratio of 0.48%.

Return on Equity
Farmers & Stockmens Bank U.S. Bank Average
6.16% 7.80%

Farmers & Stockmens Bank has a Return on Equity of 6.16% 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 & Stockmens Bank U.S. Bank Average
14.57% 12.68%

Farmers & Stockmens Bank has a Capitalization of 14.57% 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 & Stockmens Bank Balance Sheet Analysis

As of March 31, 2020, Farmers & Stockmens Bank had assets of $228,248,000, loans of $173,035,000, and deposits of $183,399,000. 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 $ 19.27 million
Interest-bearing balances $ 13.80 million
Total securities $ 3.07 million
Federal funds sold and reverse repurchase $ 23.46 million
Net loans and leases $ 173.04 million
Loan loss allowance $ 2.46 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.15 million
Goodwill and other intangibles $ 3.36 million
All other assets $ 3.19 million
     Total Assets $ 194.99 million
LIABILITIES
Total deposits $ 183.40 million
      Interest-bearing deposits $ 113.24 million
      Deposits held in domestic offices $ 183.40 million
      % insured (estimated) 70.98%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 10.28 million
Subordinated debt N.A.
All other liabilities $ 1.31 million
      Total Liabilities $ 194.99 million
      Shareholders’ Equity $ 33.26 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.90 million
Total Interest Expense $ 0.36 million
Net interest income $ 2.54 million
Provision for loan and lease losses $ 0.13 million
Total non interest income $ 1.67 million
Total non interest expense $ 3.61 million
Pre-tax Net Operating Income $ 0.48 million

Bank Loan Profile?

The top three loan types in Farmers & Stockmens Bank’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and 1-4 Family Residential Loans.

Compared to other banks, Farmers & Stockmens Bank’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 9.92
Multifamily
Mortgages
2.72
Credit Card Loans 0.00
Consumer Auto Loans 0.66
Small Business Loans 0.00
Construction and Development Loans 14.52
Commercial Real Estate 43.14
Commercial and Industrial Loans 6.37
Farm Loans 9.33

Frequently Asked Questions About Farmers & Stockmens Bank

Branches and Savings

Is Farmers & Stockmens Bank FDIC insured?

Yes. It is covered under FDIC Certificate #13625.

Why does Farmers & Stockmens Bank pay such low interest on savings accounts?

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

Why are Farmers & Stockmens Bank CD rates not competitive?

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

Is Farmers & Stockmens Bank a commercial bank?

Yes

Where are Farmers & Stockmens Bank locations?

See branch locations nearby.

Is Farmers & Stockmens Bank open on Saturdays?

Is Farmers & Stockmens Bank open on Sundays?

What time does Farmers & Stockmens Bank open?

What time does Farmers & Stockmens Bank close?

Are Farmers & Stockmens Bank ATMs Open 24/7?

Do Farmers & Stockmens Bank ATMs accept cash deposits?

Can Farmers & Stockmens Bank customers use other ATMs?

Do Farmers & Stockmens Bank branches have notaries?

Will Farmers & Stockmens Bank notarize my document?

What address for Farmers & Stockmens Bank should I put for incoming ACH transfers?

Will the Farmers & Stockmens Bank branch print checks?

Do Farmers & Stockmens Bank checks expire?

Does Farmers & Stockmens Bank require US citizenship to open account?

Can Farmers & Stockmens Bank close my account?

Does Farmers & Stockmens Bank Report to credit bureaus?

Does Farmers & Stockmens Bank Use Equifax?

What is Farmers & Stockmens Bank's ACH Routing Number?

What is Farmers & Stockmens Bank's SWIFT code?

Products

Does Farmers & Stockmens Bank offer mortgages?

Compare mortgage rates here.

Does Farmers & Stockmens Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Farmers & Stockmens Bank offer personal loans?

Compare personal loan rates here.

Does Farmers & Stockmens Bank offer student loans?

Will Farmers & Stockmens Bank cash a check?

Will Farmers & Stockmens Bank redeem a savings bond?

Does Farmers & Stockmens Bank cash savings bonds?

Will Farmers & Stockmens Bank cash money orders?

Can Farmers & Stockmens Bank issue a money order?

Does Farmers & Stockmens Bank do currency exchange?

Background on The Bank

Who owns Farmers & Stockmens Bank?

How long has Farmers & Stockmens Bank been around?

Can Farmers & Stockmens Bank transfer to other banks?

Does Farmers & Stockmens Bank have quick pay?

Does Farmers & Stockmens Bank accept rolled coins?

Will Farmers & Stockmens Bank accept loose change?

Where is Farmers & Stockmens Bank headquarters?

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