# FARMERS SAVINGS BANK
SPENCER, OH · FDIC certificate 2290 · asset band <$300M · latest filing 2025-09 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 1 (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 | $293.1M | |
| Deposits | $235.7M | |
| Loans and leases | $108.9M | |
| Total equity | $56.7M | |
| Loans / deposits | 44.81% (p15 of band) | 72.79% |
| Liquid assets / assets | 62.92% (p90 of band) | |
| Uninsured deposits / deposits | 23.95% (p67 of band) | 19.24% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p22 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 27.86% (p95 of band) | 11.81% |
| Unrealized securities loss / equity | -41.73% (p10 of band) | -7.16% |
| AOCI / equity | 6.76% (p70 of band) | |
| ROA (annualized) | 1.55% (p73 of band) | 1.07% |
| Net interest margin | 3.14% (p21 of band) | 3.81% |
| Efficiency ratio | 52.08% (p15 of band) | |
| Noncurrent loans | 1.30% (p79 of band) | 0.35% |
| Net charge-offs (annualized) | -0.08% (p2 of band) | |
| Reserve coverage of noncurrent | 231.29% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 2.42% (p23 of band) | |
| Auto loans | $334,000 (0.31% of loans; DQ 8.38%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.9% | |
| Employees | 23 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 3 | capital falling |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 3 |  |  |
| 2012-09 | 2 |  | capital falling |
| 2012-12 | 2 |  |  |
| 2013-03 | 3 | capital falling |  |
| 2013-06 | 3 | AOCI drag >20% of equity | capital falling |
| 2013-09 | 4 | assets shrinking |  |
| 2013-12 | 4 |  |  |
| 2014-03 | 3 |  | AOCI drag >20% of equity |
| 2014-06 | 2 |  | assets shrinking |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | capital falling |  |
| 2020-03 | 2 |  | capital falling |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | capital falling |  |
| 2020-12 | 2 |  | capital falling |
| 2021-03 | 2 |  |  |
| 2021-06 | 3 | capital falling |  |
| 2021-09 | 2 |  | reserve under noncurrent |
| 2021-12 | 2 | reserve under noncurrent | capital falling |
| 2022-03 | 2 | AOCI drag >20% of equity | reserve under noncurrent |
| 2022-06 | 4 | securities losses >30% of equity, assets shrinking |  |
| 2022-09 | 3 |  | noncurrent p90 |
| 2022-12 | 4 | noncurrent p90 |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity, assets shrinking |
| 2023-06 | 3 | capital falling |  |
| 2023-09 | 3 | AOCI drag >20% of equity | capital falling |
| 2023-12 | 3 | deposits shrinking | AOCI drag >20% of equity |
| 2024-03 | 2 | capital falling | noncurrent p90, deposits shrinking |
| 2024-06 | 1 |  | capital falling |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | capital falling |  |
| 2025-03 | 1 |  | capital falling |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |

## 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
- 2025-11-06 [Civista Bancshares Completes Merger with The Farmers Savings Bank, Expanding Community Banking Footprint in Northeast Ohio - PR Newswire](https://news.google.com/rss/articles/CBMiiAJBVV95cUxQYzZRT3p4TVhFUFhLT2R5Qzhoc095SWdwMXpIbjZKUEtBcmp5bG9pdHRmcWhtOTQ3Q3VSX0FXaVNCWEV1dXp0ZjZuRW1VSVFxal9UZl9PTVNkT0s4c1hpTGdCb01KRGNNR1RQNlV5WjdOTXdRUWtxRWs1dVpIVEc2aXg2R1lNU2RlMDI3bWp1Mmd6aTQ0VVZucDltd2F6MV9lckRlVnQ0QkluU0dVODlPRVB5Z2t5MHlURXd1R2RTdjV2V0ZSRm4wamcteTJuN1hEWFdaZkJUSjV6T25oZlVWLVNaRkNnbDVWQk5JUWx6amM2M2hUaG5SbzhjTENxWlRFdlI0MUdNdmw?oc=5) · PR Newswire
- 2026-07-12 [Bank CMG Acquiring Farmers Savings Bank - Pulse 2.0](https://news.google.com/rss/articles/CBMia0FVX3lxTFBYY1N0WXcwd0o4S3l4Q05qeHk2di1xLUlmOVp6RDVIeVp0Zjg5T0pnMG50SFBNZkxkMzllOEJ4aTBMNmhfZzBtN1FuY2c5bXVUX1ZnelpuUHBGUTl1eHlvd3ZFUFZRS1VtSDh30gFwQVVfeXFMUEtfd2Nialh6eHRaMzBDNHlUTkdlWjNiclcwNlhIQnBsdUYyZXBNeF9GeWJ4RFpPOGdYWHVBSUcxME1DcS11cUp6akNiRHZfQkRfWG1BRm50bGJRQ2ExZXVjbkY4a3o5bVhCRnhsWTJ5bA?oc=5) · Pulse 2.0
- 2026-03-03 [Ohio bank taps next CEO - Banking Dive](https://news.google.com/rss/articles/CBMijwFBVV95cUxPbl84RVJnaHhJUmtieU1BdnVyVzFqdklPVHB5b1AzYkE0QnR2S2NvZXFXOFZoeWQxQkMydjg4Mzd3YV8tWHZ4THNxbFU5RGI0U0VvNlJKN0w3OHo0WFJpM1RJTXlCck9IanlpYUh1MGlfbEZiTlpGcm5Qc1Zqd1czeFN5N3pyS0s1SkhSeGdhZw?oc=5) · Banking Dive
- 2025-11-11 [Farmers Savings Bank completes merger with Civista Bank - Ashland Times-Gazette](https://news.google.com/rss/articles/CBMiwwFBVV95cUxNTUpBeWE4OVh1QmFObEtQR25ESi02cWN3TDg4SU1qZ0s0NEhOd0Rjc3pKR2tJdWl6cWx2Rm9DSmlZRURqYVJWbmR5bFctdEpGS2dxQkI4MVRicXVmNlpxNUhUSy1XdjBCNmREUzZLblJXMHNhRExBV1N5ZUxYVGc2bUh6QWY3cXBrUTF2cGd2VFNzSjlxd1NYZUdBQVRFZ0pYRTYwTkpPOEFCbDJPeGdsekpQVVdXWlM5QW9haWVLVm4xM1E?oc=5) · Ashland Times-Gazette
- 2025-10-24 [Trailblazer Darlys Hulme marks 65 years in banking - Sun Courier](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPMUhmNG9BVlFvZUdOZjZJaDRSelpGUFJ3WWVUZ3lfSzZMSFdld3llUnBzbTBHcTJHaXgyOGdtR2RvNVZ0bzFCcl9DQ002UnN5NHV1UkRJRHJhUi1rX3hPYzZteDVnclBVWE1lSHJGZF82MXNQZzVuVUhmcFVUNDFfeU14YmlSVTBydUVwNC0yWmJJT29hN0twREtYTUtuRUJBa1FQU1VCd29XUQ?oc=5) · Sun Courier
- 2026-01-29 [Civista Bancshares Reports 24% Net Income Growth in Q4 Following Farmers Savings Bank Acquisition - AlphaStreet](https://news.google.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?oc=5) · AlphaStreet
- 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

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2290 (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/50.json (key "2290", 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