# FARMERS STATE BANK
CENTER, TX · FDIC certificate 13407 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $391.5M | |
| Deposits | $335.0M | |
| Loans and leases | $231.1M | |
| Total equity | $53.9M | |
| Loans / deposits | 67.99% (p22 of band) | 82.04% |
| Liquid assets / assets | 37.18% (p79 of band) | |
| Uninsured deposits / deposits | 26.94% (p54 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 14.41% (p87 of band) | 10.81% |
| Unrealized securities loss / equity | -3.67% (p69 of band) | -8.10% |
| AOCI / equity | -0.94% (p24 of band) | |
| ROA (annualized) | 2.05% (p88 of band) | 1.28% |
| Net interest margin | 4.67% (p87 of band) | 3.91% |
| Efficiency ratio | 57.52% (p38 of band) | |
| Noncurrent loans | 0.59% (p58 of band) | 0.43% |
| Net charge-offs (annualized) | -0.05% (p2 of band) | |
| Reserve coverage of noncurrent | 240.03% | |
| Real estate % of loans | 58% | |
| Construction % of loans | 28.49% (p35 of band) | |
| Auto loans | $1.6M (0.67% of loans; DQ 9.71%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 8.6% | |
| Employees | 74 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | reserve under noncurrent |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 | deposits shrinking | reserve under noncurrent |
| 2014-12 | 3 | capital falling, noncurrent p90, reserve under noncurrent | deposits shrinking |
| 2015-03 | 2 |  | capital falling |
| 2015-06 | 3 | losing money |  |
| 2015-09 | 5 | deposits shrinking, assets shrinking |  |
| 2015-12 | 6 | charge-offs p90 |  |
| 2016-03 | 3 |  | losing money, deposits shrinking, charge-offs p90 |
| 2016-06 | 3 | charge-offs p90 | assets shrinking |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | deposits shrinking, assets shrinking | charge-offs p90 |
| 2017-06 | 6 | charge-offs p90, uninsured deposits leaving |  |
| 2017-09 | 3 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2017-12 | 5 | deposits shrinking, assets shrinking |  |
| 2018-03 | 5 | uninsured deposits leaving | charge-offs p90 |
| 2018-06 | 6 | charge-offs p90 |  |
| 2018-09 | 3 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2018-12 | 3 |  |  |
| 2019-03 | 2 |  | charge-offs p90 |
| 2019-06 | 2 |  |  |
| 2019-09 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2019-12 | 2 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2020-03 | 4 | capital falling, charge-offs p90 |  |
| 2020-06 | 2 |  | noncurrent p90, reserve under noncurrent |
| 2020-09 | 3 | reserve under noncurrent |  |
| 2020-12 | 1 |  | capital falling, reserve under noncurrent |
| 2021-03 | 4 | expense ratio p90, noncurrent p90, reserve under noncurrent |  |
| 2021-06 | 2 |  | charge-offs p90, expense ratio p90 |
| 2021-09 | 3 | expense ratio p90 |  |
| 2021-12 | 4 | capital falling |  |
| 2022-03 | 5 | NIM <2.5% |  |
| 2022-06 | 6 | deposits shrinking, assets shrinking, uninsured deposits leaving | capital falling, NIM <2.5% |
| 2022-09 | 3 | AOCI drag >20% of equity | expense ratio p90, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2022-12 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving | AOCI drag >20% of equity |
| 2023-03 | 4 |  | uninsured deposits leaving |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 4 | uninsured deposits leaving | assets shrinking |
| 2024-06 | 4 | charge-offs p90 | uninsured deposits leaving |
| 2024-09 | 2 |  | noncurrent p90, reserve under noncurrent |
| 2024-12 | 1 |  | deposits shrinking |
| 2025-03 | 0 |  | charge-offs p90 |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-17 [Failed Bank Information for Small Business Bank, Lenexa, KS - Federal Deposit Insurance Corporation (FDIC) (.gov)](https://news.google.com/rss/articles/CBMie0FVX3lxTE9ubkk3SEprT0ZyUncwZHpYNEJfRHhKb2k5M3ZwY3lxN0N5SWswR1NFREJGSWNJSUU2UFV0eDVILWI0QWNteUxvQ0RjeFNkX1R2dXg3SGNPNkRkNXR6c0g5Q1VzcGpPUWo5WUp4Zk9fOUdzc3VNckpNX0hLUQ?oc=5) · Federal Deposit Insurance Corporation (FDIC) (.gov)
- 2026-07-20 [Kansas’ Small Business Bank fails - Banking Dive](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNaUJ1Q2xPZjREN1dRTjFBcUhyRTlCT19RZGFTaF9KQUhRNk9FREloV0h3QmkwQy10c1BqdWNELWZUWHpMR29hZ2x1dGhkbFU0VzBJMDNBREZkaWJlQWJCaVk2U2d6QzRwVHdqZ1pPUEwxWGphVW5PT3YzbGJRbE1ucE5xTmROQ25KQVY5ak42aURRV05KU0xQM0g0T1NTUXFIb2NiLUVsVzhMalBDRjJTZ3lmRFg5NXFB?oc=5) · Banking Dive
- 2023-03-31 [Fairfield Branch Welcomes New Manager / Vice-President to Farmers State Bank - Freestone County Times](https://news.google.com/rss/articles/CBMitAFBVV95cUxQSDBSTzVyVndqeXJoVTlLVldUUlFLUlUwelFETUdFSWJOMGVWUnZHcnJmUzJBMGZ5cDJ0V3lxbXV6b3cxSXoycVNZcUc1NFI2QkZWc2RnQWIySGZueGVFekx6SDJlbUMtS2M1eDZqQ1hjUUQ3YmNwdEF5aURubTRrRGFDeF9RMUhyRWE1dk9SM1I4VmE0UklRVjUyeHdmLUVEVmVTZktxUElCWlBCQkl3dllvUW8?oc=5) · Freestone County Times
- 2023-06-20 [Forbes 2026 America's Best Banks In Each State List - Forbes](https://news.google.com/rss/articles/CBMiXkFVX3lxTE4xcm9keG1VQVdlREh4RG0tMFA2NktMQ1M4SjBicWxRTkJ3a0lOQTVqSXA0d1FkZ0RPOXQxWjFXYzg5SWhNNTBTU0Rqa0Vuekp2TzR5WnhXLTBwel9MdWc?oc=5) · Forbes
- 2023-04-24 [Farmers State Bank donates $50,000 to NCMC Foundation's "Transforming Lives, Empowering People" campaign - KTTN](https://news.google.com/rss/articles/CBMivAFBVV95cUxPZkZoYjZYUTZ4X2dzYllScWVWZ3BqVmQya19pZ2VudXEwSDZkN2NIRDY1d1VBZ3BsSXZ5RXJpeXdEV3RBdGktTHhxTUgwYjFJT2RYVFY2ZFRaREpIRm1xbkpqMVkyLWdOdy1BMEtNMjBRR01FVGltOTZqVm1kMmF6TWlrbU9uOG1vX1lEc0NmUGx2ejNsWGY4c0s4QjBQbGlXeDFxSEF4dVNIaG9BTUVJZjFhVkZDMWswNVhSZA?oc=5) · KTTN
- 2018-01-08 [Shelby County SO: Former employee stole more than $14K from Farmers State Bank - KTRE](https://news.google.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?oc=5) · KTRE
- 2025-11-19 [Robert Lane Obituary - Austin, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMifkFVX3lxTE5NNlVBWVhtWVdCcHVDSWltdk94d0c2MmYtMHA1Ym9lRTJ2WjA4UzVMRURhRm90S0FubnBCVTN0LWYtRHlIVlFLMGJBRUNRMzA4dDhXY1V5ZjlSbllWUmpFSGxrYXJac0xwc1ZVM2xLM3BVbU9FRHNyelZEbmlTdw?oc=5) · Dignity Memorial
- 2026-09-08 [Hawthorn Bancshares Completes Merger with FSC Bancshares - ABF Journal](https://news.google.com/rss/articles/CBMijAFBVV95cUxPekQ1N0k3WWhQQ3VJS0ZVeHYtVFI1d094MnZsazNIZ2o1UlBmZmlwQ0lGMHh2XzVmc2VpY1prMldzZzZQRjN1NWlNcmluUF8tVzBrY3Q0VXJVU1Z6Q09ZNlJYcDV3bTY3WTJ0VHhzR2tZOUZFb3NEVDFpcF9GTGZBQmgycXV1RWdxWmRKag?oc=5) · ABF Journal

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13407 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/31.json (key "13407", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide