# FARMERS STATE BANK
LUMPKIN, GA · FDIC certificate 5691 · asset band <$300M · latest filing 2015-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (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 | $44.7M | |
| Deposits | $42.9M | |
| Loans and leases | $16.1M | |
| Total equity | $1.8M | |
| Loans / deposits | 36.49% (p7 of band) | 73.61% |
| Liquid assets / assets | 60.19% (p89 of band) | |
| Uninsured deposits / deposits | 9.91% (p32 of band) | 13.65% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p17 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 3.20% (p0 of band) | 10.70% |
| Unrealized securities loss / equity | -19.80% (p0 of band) | 0.86% |
| AOCI / equity | 22.73% (p100 of band) | |
| ROA (annualized) | -1.58% (p1 of band) | 0.84% |
| Net interest margin | 3.32% (p32 of band) | 3.64% |
| Efficiency ratio | 109.73% (p97 of band) | |
| Noncurrent loans | 1.76% (p76 of band) | 0.69% |
| Net charge-offs (annualized) | 0.00% (p32 of band) | |
| Reserve coverage of noncurrent | 147.16% | |
| Real estate % of loans | 59% | |
| Construction % of loans | 43.49% (p78 of band) | |
| Auto loans | $848,000 (5.28% of loans; DQ 2.48%, NCO -0.02%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 3.4% | |
| Employees | 17 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **leverage <5%** (`cap_critical`)
- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | leverage <7%, charge-offs p90, reserve under noncurrent |  |
| 2011-06 | 6 | losing money, expense ratio p90, noncurrent p90 |  |
| 2011-09 | 6 |  |  |
| 2011-12 | 5 |  | charge-offs p90 |
| 2012-03 | 7 | leverage <5% |  |
| 2012-06 | 7 |  |  |
| 2012-09 | 8 | charge-offs p90, deposits shrinking, assets shrinking, uninsured deposits leaving | noncurrent p90, leverage <5% |
| 2012-12 | 7 | leverage <5% | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2013-03 | 7 | capital falling | charge-offs p90 |
| 2013-06 | 7 | AOCI drag >20% of equity, securities losses >30% of equity | losing money, expense ratio p90 |
| 2013-09 | 7 |  |  |
| 2013-12 | 7 |  |  |
| 2014-03 | 8 | losing money, expense ratio p90 | AOCI drag >20% of equity |
| 2014-06 | 7 | charge-offs p90 | reserve under noncurrent, capital falling |
| 2014-09 | 7 |  |  |
| 2014-12 | 6 |  | charge-offs p90 |
| 2015-03 | 5 |  | securities losses >30% of equity |
| 2015-06 | 6 | securities losses >30% of equity |  |
| 2015-09 | 6 | capital falling | securities losses >30% of equity |

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

- 2025-10-16 [Banky™ Awards represent national recognition for Farmers State Bank - Muddy River News](https://news.google.com/rss/articles/CBMiygFBVV95cUxPdkYyVTZ6V3gxVmNkaFhkRWVmQzRIdnEwWWJCVTNsRnVTSVhWeW5KSzIxd0plTEhtZERnYmczZDVRU2d0WEt5VGg0WDJidGFOU2dkNUFKOEsxRWVlVDRkQ19Ia0xYSDlqb01iRV9wRnlnX2V2SEpFdTVLeDRLcl96WjRXc25meG9TNDk1cmhMX2hsekF2MGRmQWdmVXlHWV9GYVhyck5XTnRDbjUxZU1yZ0J1c3lPcjk4Q3g5UUIxd2VTY3JGWEpZRVNn?oc=5) · Muddy River News
- 2026-05-14 [Kenneth Stephen "Kent" Dowling Jr. Obituary (2026) - Sumner, GA - Durden-Hudson Funeral Directors - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNYVhyYkc4SDM3RXNuTjVzc216bDB3SVhiMGpsQTA1aTJvR24wQ0w2M1lvWWxZTU1TZFBsWHdhOGMtaGhMUGhmVk1xT2pLeXNLWDVta1FxMEpiUmJwQmJiNDFCN3RYSnRGeHRtamJ6TFk4NkZjUXpjR1lrWXdNa2hrU2thTHg?oc=5) · legacy.com
- 2026-07-20 [Kansas’ Small Business Bank fails - Banking Dive](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNaUJ1Q2xPZjREN1dRTjFBcUhyRTlCT19RZGFTaF9KQUhRNk9FREloV0h3QmkwQy10c1BqdWNELWZUWHpMR29hZ2x1dGhkbFU0VzBJMDNBREZkaWJlQWJCaVk2U2d6QzRwVHdqZ1pPUEwxWGphVW5PT3YzbGJRbE1ucE5xTmROQ25KQVY5ak42aURRV05KU0xQM0g0T1NTUXFIb2NiLUVsVzhMalBDRjJTZ3lmRFg5NXFB?oc=5) · Banking Dive
- 2023-08-31 [Make It Four! Another Bank Acquisition Announced (2 by Same CU) - cutoday.info](https://news.google.com/rss/articles/CBMinwFBVV95cUxPRndTOWpTR05MQllLVFhCcUV6WW12M0FuejB2TU9xT3BNTHlUQjcxSWdhN2NkUUZNTjNCZ2o0ZlczT3BmQUJSbDhaN3o2NkYzd3dTTHYzdnduZHhwTnpyM3BXcVpvSXdBaUhWTFlCak9vX2FrRk9yTS16YWllbHROc3JiNU9IdFdOUTNhdUxBM253eXRZTWNKcDc1SnpoWU0?oc=5) · cutoday.info
- 2023-06-20 [Forbes 2026 America's Best Banks In Each State List - Forbes](https://news.google.com/rss/articles/CBMiXkFVX3lxTE4xcm9keG1VQVdlREh4RG0tMFA2NktMQ1M4SjBicWxRTkJ3a0lOQTVqSXA0d1FkZ0RPOXQxWjFXYzg5SWhNNTBTU0Rqa0Vuekp2TzR5WnhXLTBwel9MdWc?oc=5) · Forbes
- 2015-12-03 [Farmers State marks 100 years as a Methow Valley community asset - Methow Valley News](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQQWdKY1VzVWFCbnd2YmVBSTR2c0tTS2psUGg0R2ZiY3QyYmZodXdNNzQxYTlDYnJWckVoQWVHbnhXX3Z5SF9Ya2xEekFQYmpDbnJVRC1BQk1LOFBIQVZGU3o2MHBLMTFpWi1kQ25XUEplM09TLWdPUGxCeEJRSkZoYVg4WUdKMmtpSGhyQmRKdUlpWDZINE1WcU11MFhCOE5pN2lWSnZDNTU?oc=5) · Methow Valley News
- 2026-07-17 [Kansas bank becomes second in a week to fail, fourth this year - American Banker](https://news.google.com/rss/articles/CBMijgFBVV95cUxNRlduTTFqWVRlQWJrRERpNm1md1FmTlZHekFaZ0tYV0o3czU5QVBzVy1GbmpKaWFVaG9OTXNBZEJ6MGhUUjVzTGxhWXdPQ1FiUDZZNmFZUWtFczdGeHpZYk1KTldjM3ZZLVRNcTU0Y2JxaVNQUTJDMG5WcGRZc08xdjNvd1Q5cWVHM1NseUdB?oc=5) · American Banker
- 2026-06-30 [Obituary for Kennon Smith - Townsend Brothers Funeral Home](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5uMkJhMEQxV254VkVZZTJ0S0loNEthYjk4T0dPaTE0OWpQdnB6Y29nT1pHN01uZFgzeHBVUlZsYmdkaTUzWTI1LW9YZWp4U0QwVTJPWGZFWXFkUlY3eU9kUFFJeGFYUThf?oc=5) · Townsend Brothers Funeral Home

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5691 (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/59.json (key "5691", 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