# FARMERS STATE BANK
QUINTON, OK · FDIC certificate 404 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (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 | $193.9M | |
| Deposits | $182.1M | |
| Loans and leases | $127.5M | |
| Total equity | $9.9M | |
| Loans / deposits | 68.92% (p43 of band) | 73.59% |
| Liquid assets / assets | 28.54% (p40 of band) | |
| Uninsured deposits / deposits | 12.43% (p22 of band) | 19.81% |
| Brokered deposits | 1.29% | |
| Wholesale funding | 1.30% (p55 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.30% (p14 of band) | 11.76% |
| Unrealized securities loss / equity | -82.91% (p2 of band) | -6.57% |
| AOCI / equity | 1.41% (p98 of band) | |
| ROA (annualized) | 1.59% (p72 of band) | 1.17% |
| Net interest margin | 5.49% (p96 of band) | 3.93% |
| Efficiency ratio | 68.16% (p56 of band) | |
| Noncurrent loans | 0.79% (p65 of band) | 0.36% |
| Net charge-offs (annualized) | 0.32% (p95 of band) | |
| Reserve coverage of noncurrent | 198.02% | |
| Real estate % of loans | 61% | |
| Construction % of loans | 127.70% (p97 of band) | |
| Auto loans | $5.3M (4.16% of loans; DQ 2.60%, NCO 0.04%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.3% | |
| Employees | 49 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **charge-offs p90** (`aq_nco`)
- **construction >100% equity** (`conc_construction`)

## 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 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 1 | AOCI drag >20% of equity |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | AOCI drag >20% of equity |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | charge-offs p90 |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 2 | capital falling |  |
| 2019-12 | 1 |  | charge-offs p90 |
| 2020-03 | 1 | charge-offs p90 | capital falling |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 | capital falling | charge-offs p90 |
| 2021-09 | 1 | charge-offs p90 | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | charge-offs p90 |
| 2022-06 | 3 | construction >100% equity |  |
| 2022-09 | 4 | charge-offs p90 |  |
| 2022-12 | 4 |  |  |
| 2023-03 | 3 |  | AOCI drag >20% of equity |
| 2023-06 | 5 | capital falling, uninsured deposits leaving |  |
| 2023-09 | 5 | AOCI drag >20% of equity | capital falling |
| 2023-12 | 4 |  | AOCI drag >20% of equity |
| 2024-03 | 4 |  |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 3 |  | uninsured deposits leaving |
| 2024-12 | 3 |  |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | charge-offs p90 |
| 2025-09 | 3 | capital falling |  |
| 2025-12 | 2 |  | capital falling |
| 2026-03 | 3 | charge-offs p90 |  |
| 2026-06 | 3 |  |  |

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

- 2026-04-30 [Hawthorn Bank buys Farmers State Bank in cash and stock deal - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxOVEl2ajVYSGxxakVnUGJrMl9ZMTYzYngwVFdVXzZ5dG40N0FrbERTLUZVT2kwX2NGaE1XMlpHX1p6Wk5ITF9ZOW0wLWJCdFRlc3NuZjQ3YmtEZkRmQUotZTF6Y0gzS1pHMmlUb0pEc2xaV0RYNUlEdF9oSks3Mmp6SFRwUE5pVzdhMXQ1MkktMDJhcGJLQ3Z6d1F5dkpXYUxTTWJzaWJWQkNVOGlR?oc=5) · The Business Journals
- 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
- 2021-09-14 [Local bank president named Chairman of the Community Bankers Association of Oklahoma - Guthrie News Page](https://news.google.com/rss/articles/CBMiswFBVV95cUxOVlJ5aWZpNklUN3JPWnhrdExjRndBREQtNEJTTURFQzhmUURTY3ROUWVxM21GTVlHRWpyRmlzWmg2azkzTElBVHN6ZTlBUmVGcHBsU1RGaVFGbzYxRGs2cXAwNUppLWlwRWl5MmdtSHZRbnI1ZnJ4SEU4ZVBQM085SWFXRmxmVms2c2lQNE83RnctTkFfOXlVVmZSUDJHMVN5ZlkzaWdLeXVyblhYMS1wNkVqZw?oc=5) · Guthrie News Page
- 2026-02-09 [15 most recent bank failures - American Banker](https://news.google.com/rss/articles/CBMickFVX3lxTE9OU0FZMFVvZ2QtYXVOTWpCa3djUGxETDEzbzlFTWhobUpfVnZMdWlDWmswQzNrOEIzc0ZDWVM3cnFTV1ZXTlRMamp2V25jM0ppMTBYM3BEZFM3OFI4bnIyaFlBSlQtT2NNa0RxMURCZ3JaQQ?oc=5) · American Banker
- 2025-07-08 [Longtime Bolivar bank rebranded - Springfield Business Journal](https://news.google.com/rss/articles/CBMib0FVX3lxTE5LbWJLSFl6Uml5R08wcU5QXzU4RGF1MlhtbkZzMEhlYjYtTFJUbHc4NDFQMXU5YWtzVENOcVB3Ym80N3pTZXp6TkZvTWRzUDRtNWVQVU9BZTdqcHhKUlgyTE9TQl9KRFJ3ZzJOZklpRQ?oc=5) · Springfield Business Journal
- 2014-04-17 [Farmers State Bank sold to 78 people - Albert Lea Tribune](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOTU9ZVUpxczYtdzJMZkltRDdCeTFzTlYtaTJISHNoaFdiYnl1SkU0czFsY3V1MkxNRTN5clVyREVTbWI3Q3BROHVEdkY3WnJReUZrV1RBMm9ZeFJKLXd3Y19oOXQxbEZuUFlsOVhyS2VxTHZPbmRGRjUyV1ZIVjE3QUhDbFR3NlNs?oc=5) · Albert Lea Tribune
- 2025-08-27 [Obituary for Judy A. (Polifka) Rohr-Flaherty - Hays Memorial Chapel Funeral Home](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE1SLThfdFJld19nNFRXczVkZHZBaVRRNnkySnJtVWxvSmdIRjJPM1VnXzVEWUtIaFZUVGJSOF8tR3l6czhZQ0s1Z3QzNDBXdWtlY0ZMOVpoTjZiQlBWVmtNa2dyY3pSdTA?oc=5) · Hays Memorial Chapel Funeral Home

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=404 (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/20.json (key "404", 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