Farmers Trust & Savings Bank

Headquarters

510 Elm Street
Williamsburg, IA 52361
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Farmers Trust & Savings Bank is an FDIC insured institution located in Williamsburg, IA. It was founded in 1934 and has approximately $0.15 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 14392
Date Established 1934
Assets $ 154.29 million
Loans $ 83.93 million
Deposits $ 107.41 million
Capital $ 37.02 million
 

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

Deposit Rates - July 9, 2020

Your Current Location: Washington, WA 98109


Loan Rates - July 9, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Farmers Trust & Savings Bank

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 2020

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Payment
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AimLoan.com
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License#: 520-CL-25944
3.039% 3.000% 0.50 $1,250 $1,055 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to Farmers Trust & Savings Bank
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Branches

Farmers Trust & 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:
Seattle,Washington


Farmers Trust & Savings Bank Locations


Financial Details

Farmers Trust & Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Farmers Trust & 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 & Savings Bank U.S. Bank Average
1.01% 6.51%

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 December 31, 2019, Farmers Trust & Savings Bank had $383,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $37,018,000 in equity and $790,000 in loans loss reserves. That gives it a Texas Ratio of 1.01%.

Return on Equity
Farmers Trust & Savings Bank U.S. Bank Average
8.43% 9.41%

Farmers Trust & Savings Bank has a Return on Equity of 8.43% versus the BestCashCow average of 9.41%. 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 & Savings Bank U.S. Bank Average
23.99% 12.82%

Farmers Trust & Savings Bank has a Capitalization of 23.99% versus the BestCashCow average of 12.82. 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 & Savings Bank Balance Sheet Analysis

As of December 31, 2019, Farmers Trust & Savings Bank had assets of $154,287,000, loans of $83,927,000, and deposits of $107,408,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 2.86 million
Interest-bearing balances $ 1.48 million
Total securities $ 60.44 million
Federal funds sold and reverse repurchase $ 0.97 million
Net loans and leases $ 83.93 million
Loan loss allowance $ 0.79 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 $ 5.11 million
     Total Assets $ 117.27 million
LIABILITIES
Total deposits $ 107.41 million
      Interest-bearing deposits $ 82.91 million
      Deposits held in domestic offices $ 107.41 million
      % insured (estimated) 68.75%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 6.45 million
Subordinated debt N.A.
All other liabilities $ 3.41 million
      Total Liabilities $ 117.27 million
      Shareholders’ Equity $ 37.02 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 6.22 million
Total Interest Expense $ 0.93 million
Net interest income $ 5.29 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.63 million
Total non interest expense $ 2.81 million
Pre-tax Net Operating Income $ 3.11 million

Bank Loan Profile?

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

Compared to other banks, Farmers Trust & Savings 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 30.46
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 3.43
Small Business Loans 6.72
Construction and Development Loans 1.77
Commercial Real Estate 13.47
Commercial and Industrial Loans 11.94
Farm Loans 20.22

Frequently Asked Questions About Farmers Trust & Savings Bank

Branches and Savings

Is Farmers Trust & Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #14392.

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

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

Is Farmers Trust & Savings Bank a commercial bank?

Yes

Where are Farmers Trust & Savings Bank locations?

See branch locations nearby.

Is Farmers Trust & Savings Bank open on Saturdays?

Is Farmers Trust & Savings Bank open on Sundays?

What time does Farmers Trust & Savings Bank open?

What time does Farmers Trust & Savings Bank close?

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

Do Farmers Trust & Savings Bank ATMs accept cash deposits?

Can Farmers Trust & Savings Bank customers use other ATMs?

Do Farmers Trust & Savings Bank branches have notaries?

Will Farmers Trust & Savings Bank notarize my document?

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

Will the Farmers Trust & Savings Bank branch print checks?

Do Farmers Trust & Savings Bank checks expire?

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

Can Farmers Trust & Savings Bank close my account?

Does Farmers Trust & Savings Bank Report to credit bureaus?

Does Farmers Trust & Savings Bank Use Equifax?

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

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

Products

Does Farmers Trust & Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Farmers Trust & Savings Bank offer personal loans?

Compare personal loan rates here.

Does Farmers Trust & Savings Bank offer student loans?

Will Farmers Trust & Savings Bank cash a check?

Will Farmers Trust & Savings Bank redeem a savings bond?

Does Farmers Trust & Savings Bank cash savings bonds?

Will Farmers Trust & Savings Bank cash money orders?

Can Farmers Trust & Savings Bank issue a money order?

Does Farmers Trust & Savings Bank do currency exchange?

Background on The Bank

Who owns Farmers Trust & Savings Bank?

How long has Farmers Trust & Savings Bank been around?

Can Farmers Trust & Savings Bank transfer to other banks?

Does Farmers Trust & Savings Bank have quick pay?

Does Farmers Trust & Savings Bank accept rolled coins?

Will Farmers Trust & Savings Bank accept loose change?

Where is Farmers Trust & Savings Bank headquarters?

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