# FARMERS SAVINGS BANK
FOSTORIA, IA · FDIC certificate 18284 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (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 | $215.3M | |
| Deposits | $173.7M | |
| Loans and leases | $174.3M | |
| Total equity | $25.6M | |
| Loans / deposits | 99.00% (p91 of band) | 73.59% |
| Liquid assets / assets | 16.81% (p15 of band) | |
| Uninsured deposits / deposits | 26.97% (p74 of band) | 19.81% |
| Brokered deposits | 2.32% | |
| Wholesale funding | 9.55% (p84 of band) | |
| FHLB advances / assets | 5.72% | |
| Tier 1 leverage | 12.59% (p59 of band) | 11.76% |
| Unrealized securities loss / equity | -9.54% (p41 of band) | -6.57% |
| AOCI / equity | 0.59% (p95 of band) | |
| ROA (annualized) | 0.75% (p28 of band) | 1.17% |
| Net interest margin | 3.18% (p18 of band) | 3.93% |
| Efficiency ratio | 63.97% (p45 of band) | |
| Noncurrent loans | 3.48% (p94 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p55 of band) | |
| Reserve coverage of noncurrent | 38.84% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 31.59% (p65 of band) | |
| Auto loans | $1.3M (0.75% of loans; DQ 0.69%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 8.1% | |
| Employees | 22 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | capital falling |  |
| 2011-12 | 0 |  | reserve under noncurrent, capital falling |
| 2012-03 | 0 |  |  |
| 2012-06 | 0 |  |  |
| 2012-09 | 1 | capital falling |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 1 | uninsured deposits leaving | capital falling |
| 2015-06 | 1 |  |  |
| 2015-09 | 2 | charge-offs p90 |  |
| 2015-12 | 0 |  | uninsured deposits leaving, charge-offs p90 |
| 2016-03 | 1 | charge-offs p90 |  |
| 2016-06 | 2 | reserve under noncurrent, uninsured deposits leaving | charge-offs p90 |
| 2016-09 | 1 | loans exceed deposits | reserve under noncurrent, uninsured deposits leaving |
| 2016-12 | 1 | uninsured deposits leaving | loans exceed deposits |
| 2017-03 | 1 | loans exceed deposits | uninsured deposits leaving |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | wholesale funding >15% |  |
| 2017-12 | 1 |  | wholesale funding >15% |
| 2018-03 | 1 |  |  |
| 2018-06 | 3 | reserve under noncurrent, uninsured deposits leaving |  |
| 2018-09 | 1 |  | reserve under noncurrent, uninsured deposits leaving |
| 2018-12 | 2 | capital falling, reserve under noncurrent | loans exceed deposits |
| 2019-03 | 4 | loans exceed deposits, noncurrent p90 |  |
| 2019-06 | 2 |  | capital falling, noncurrent p90 |
| 2019-09 | 3 | uninsured deposits leaving |  |
| 2019-12 | 1 |  | loans exceed deposits, uninsured deposits leaving |
| 2020-03 | 4 | loans exceed deposits, noncurrent p90, charge-offs p90 |  |
| 2020-06 | 3 |  | noncurrent p90 |
| 2020-09 | 2 |  | loans exceed deposits |
| 2020-12 | 1 |  | reserve under noncurrent |
| 2021-03 | 1 | capital falling | charge-offs p90 |
| 2021-06 | 2 | reserve under noncurrent |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 0 |  | reserve under noncurrent |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-12 | 1 |  | securities losses >30% of equity |
| 2023-03 | 0 |  | AOCI drag >20% of equity |
| 2023-06 | 0 |  |  |
| 2023-09 | 1 | securities losses >30% of equity |  |
| 2023-12 | 1 | uninsured deposits leaving | securities losses >30% of equity |
| 2024-03 | 1 | NIM <2.5% | uninsured deposits leaving |
| 2024-06 | 2 | capital falling |  |
| 2024-09 | 1 |  | capital falling |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 | reserve under noncurrent | NIM <2.5% |
| 2025-06 | 1 |  |  |
| 2025-09 | 3 | noncurrent p90, deposits shrinking |  |
| 2025-12 | 1 |  | noncurrent p90, deposits shrinking |
| 2026-03 | 4 | loans exceed deposits, capital falling, noncurrent p90 |  |
| 2026-06 | 2 |  | loans exceed deposits, capital falling |

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

- 2026-09-03 [Farmers Savings Bank sparks iconic building - Pen City Current](https://news.google.com/rss/articles/CBMikwFBVV95cUxON05uSm1aZzhITnI1UUtWZ2R1VlhhcmtpeTRIZjNuanhKNXViR2ItWGZUUzFKX3ZneVhHaGs2bVJqNllEdWhXal9DS213STAwbzkyUmZkTDVNNjJUMGxicDFCd1h1RHlQYWRaby1ZMHdxNi1GYUxkbE8wMkVzYzB3R0xHQWlObVl1NzliXzdzSWFVS00?oc=5) · Pen City Current
- 2025-10-24 [Trailblazer Darlys Hulme marks 65 years in banking - Sun Courier](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPMUhmNG9BVlFvZUdOZjZJaDRSelpGUFJ3WWVUZ3lfSzZMSFdld3llUnBzbTBHcTJHaXgyOGdtR2RvNVZ0bzFCcl9DQ002UnN5NHV1UkRJRHJhUi1rX3hPYzZteDVnclBVWE1lSHJGZF82MXNQZzVuVUhmcFVUNDFfeU14YmlSVTBydUVwNC0yWmJJT29hN0twREtYTUtuRUJBa1FQU1VCd29XUQ?oc=5) · Sun Courier
- 2025-09-23 [Farmers Savings Bank to add Spirit Lake location - Dickinson County News](https://news.google.com/rss/articles/CBMitwFBVV95cUxOb0dwU3F6UmR1MmtFZDZvTUVfTFlWcjFTZThOR2JvVldOcWZxM084djYxemhzWE5iM0ltaVNDYTQ0cFFvdXZMRC16S002QjluSk1kTGkwU2tXUFlUbmpkQ3JjOU50Q0N0Ry1RQ00xd0xxSlVXX0FBaWJ1ODVRU3d1Q2ZfSzhaSGo5Wk1JUGJsVGlYTTVhZTFzU1lNZUMwMEk4Mlo0UExJV0Fhd1hCakxDa0g0TENmcDA?oc=5) · Dickinson County News
- 2026-03-18 [News Vinton Community Foundation Accepting Grant Applications through April 15 - Vinton Today](https://news.google.com/rss/articles/CBMibkFVX3lxTFBKdVVmbnZ4Z1Z0TFRVLVZOSFVhM0gyUlB2MGlDWG1nQTFOdTc4TTZrdDBjN2RybjlUclFUd1owSlBFXzc1alVjcUdPQ1pPemhXb3hKeDZRcmdHSHVJVTRTcDRGcHFTYW9uZ1I5Vlhn?oc=5) · Vinton Today
- 2025-11-18 [The Trailblazing Legacy of Darlys Hulme - Community Newspaper Group](https://news.google.com/rss/articles/CBMigAJBVV95cUxOOHo5V09ueDBEcG83YXNyX1Jhc3B0RmM2MkQxTU5pcW1wNlVGM2J1dlZmUGtOclpFdDdWOHlTRzRJMGFQQUszY0VJTzF3NG9XQ0JWYk5GOTJTTnZmT1BjWDJzTmhucHBKUzZ1dTZNVzVic0ZYODZNcTFEYmxaNWUwd0pMaXZMMGx2RUYtVnFxZmphV1NXV3A3b1RLb3FCYnpiOGtyYkx4SGRkQWlVUGJHclExX3JxaGtaRFFib3RXSy12a1lyNDJZcUltU0x2Y1ZyaGRRWjJscWtsTGtta19mOVAwN2VENS12YTBRNUxJc1h3MElOUWRWbE5yd05WTUlG?oc=5) · Community Newspaper Group
- 2026-08-14 [Verna Burris Obituary - Ames, IA - Dignity Memorial](https://news.google.com/rss/articles/CBMifEFVX3lxTE94RmRnY3ZibTl1aUZIZE1wQnJxUTlKOThQMHM2UWNfWGw2dVFfTEtBYkRUM2luZUVqRkdKSUIxb2JWMUF2S043c0tEQndSZkJKR1Y1bEtFT1hKbndsMkRoOEZFMUlHWmEwT1RLWTNiZm5YNDVYb09jNTRZY20?oc=5) · Dignity Memorial
- 2018-08-10 [Farmers Savings Bank in Victor to merge with Keystone - Iowa City Press-Citizen](https://news.google.com/rss/articles/CBMivAFBVV95cUxQV0dWRmYtSkQwUmpyckN6WG9ZSGJDZDVLQzk4cEx6VUIxanJoOTdmaXh5QTZXcXNmbURac2NsX3d1OUV1VWQ2bjJvNDEyZ2JYRUZuMm1VM1pKZ1oxelRjQnVaOXYxQkJXU0hocUtMbGlRdDVvV0pWVVUtMXZ4WFA0eUhKMDBuMy1SRXZaQ0VyY285YnNNR0FQcDUxdGhkY19ZWnZaSDY4bjgtR0wyN2ZZd1E3Z0tOUERxaDFsaQ?oc=5) · Iowa City Press-Citizen
- 2025-08-25 [Farmers Savings Bank Coming to Manchester - KMCH.com](https://news.google.com/rss/articles/CBMiekFVX3lxTE0ydi12RF9mcXJIUWRmY3ZjaFZ3NE9EU0x2SVpFRVUyVFp5X2x1blZWWnI5WlEtWU41emFLbTBBSVVmSk5CQkRJbjVra1dmQk9veXpOTFdaZVJFczRGMjNINnhpMU0yMUxEdmh3TUhQRVVyTzdITTB0UXdR?oc=5) · KMCH.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=18284 (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/44.json (key "18284", 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.

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