Farmers Trust and Savings Bank

125 West 4th Street
Spencer, IA 51301

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 12858
Date Established 1916
Assets $0.40 billion
Loans $0.32 billion
Deposits $0.34 billion
Capital $0.04 billion

Farmers Trust and Savings Bank is an FDIC insured institution located in Spencer, IA. It was founded in 1916 and has approximately $0.4 billion in assets.

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

Bank Loan Profile?

The top three loan types in Farmers Trust and Savings Bank’s loan portfolio are Commercial Real Estate, Farm Loans, and Commercial and Industrial Loans.

Compared to other banks in Iowa, Farmers Trust and Savings Bank has a significantly higher percent of Multifamily Mortgages, Credit Card Loans, Construction and Development Loans, Commercial Real Estate 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 10.57
Multifamily
Mortgages
10.30
Credit Card Loans 0.46
Consumer Auto Loans 0.37
Small Business Loans 4.98
Construction and Development Loans 10.47
Commercial Real Estate 24.90
Commercial and Industrial Loans 14.34
Farm Loans 18.50

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.50% $100 $99,999 Learn MoreShow Less
3 Mo CD 100K
0.75% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.10% $100 $99,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.10% $1 $9,999 Learn MoreShow Less
MM 10K
0.10% $10,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Farmers Trust and Savings 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:
Ashburn,Virginia


Farmers Trust and Savings Bank Locations

Financial Details

Farmers Trust and Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers Trust and Savings 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 Trust and Savings Bank U.S. Bank Average
5.64% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2017, Farmers Trust and Savings Bank had $2,230,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $35,404,000 in equity and $4,162,000 in loans loss reserves. That gives it a Texas Ratio of 5.64%.

Return on Equity
Farmers Trust and Savings Bank U.S. Bank Average
15.38% 8.84%

Farmers Trust and Savings Bank has a Return on Equity of 15.38% versus the BestCashCow average of 8.84%. 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 Trust and Savings Bank U.S. Bank Average
8.85% 12.21%

Farmers Trust and Savings Bank has a Capitalization of 8.85% versus the BestCashCow average of 12.21. 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 Trust and Savings Bank Balance Sheet Analysis

As of December 31, 2017, Farmers Trust and Savings Bank had assets of $399,910,000, loans of $316,084,000, and deposits of $343,215,000. 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

ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.07 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.32 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.36 billion
LIABILITIES
Total deposits $0.34 billion
      Interest-bearing deposits $0.32 billion
      Deposits held in domestic offices $0.34 billion
      % insured (estimated) 66.53%
Federal funds purchased and repurchase agreements $0.01 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.36 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Farmers Trust And Savings Bank

Branches and Savings

Is Farmers Trust And Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #12858.

Why does Farmers Trust And Savings 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 Trust And Savings Bank CD rates not competitive?

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

Is Farmers Trust And Savings Bank a commercial bank?

Yes

Where are Farmers Trust And Savings Bank locations?

See branch locations nearby.

Is Farmers Trust And Savings Bank open on Saturdays?

Is Farmers Trust And Savings Bank open on Sundays?

What time does Farmers Trust And Savings Bank open?

What time does Farmers Trust And Savings Bank close?

Are Farmers Trust And Savings Bank ATMs Open 24/7?

Do Farmers Trust And Savings Bank ATMs accept cash deposits?

Can Farmers Trust And Savings Bank customers use other ATMs?

Do Farmers Trust And Savings Bank branches have notaries?

Will Farmers Trust And Savings Bank notarize my document?

What address for Farmers Trust And Savings Bank should I put for incoming ACH transfers?

Will the Farmers Trust And Savings Bank branch print checks?

Do Farmers Trust And Savings Bank checks expire?

Does Farmers Trust And Savings Bank require US citizenship to open account?

Can Farmers Trust And Savings Bank close my account?

Does Farmers Trust And Savings Bank Report to credit bureaus?

Does Farmers Trust And Savings Bank Use Equifax?

What is Farmers Trust And Savings Bank's ACH Routing Number?

What is Farmers Trust And Savings Bank's SWIFT code?

Products

Does Farmers Trust And Savings Bank offer mortgages?

Compare mortgage rates here.

Does Farmers Trust And Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Farmers Trust And Savings Bank offer personal loans?

Compare personal loan rates here.

Does Farmers Trust And Savings Bank offer student loans?

Will Farmers Trust And Savings Bank cash a check?

Will Farmers Trust And Savings Bank redeem a savings bond?

Does Farmers Trust And Savings Bank cash savings bonds?

Will Farmers Trust And Savings Bank cash money orders?

Can Farmers Trust And Savings Bank issue a money order?

Does Farmers Trust And Savings Bank do currency exchange?

Background on The Bank

Who owns Farmers Trust And Savings Bank?

How long has Farmers Trust And Savings Bank been around?

Can Farmers Trust And Savings Bank transfer to other banks?

Does Farmers Trust And Savings Bank have quick pay?

Does Farmers Trust And Savings Bank accept rolled coins?

Will Farmers Trust And Savings Bank accept loose change?

Where is Farmers Trust And Savings Bank headquarters?

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