# FARMERS STATE BANK
SWEETSER, IN · FDIC certificate 5777 · asset band <$300M · latest filing 2012-09 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $19.4M | |
| Deposits | $16.4M | |
| Loans and leases | $6.9M | |
| Total equity | $2.9M | |
| Loans / deposits | 40.72% (p10 of band) | 69.20% |
| Liquid assets / assets | 62.69% (p91 of band) | |
| Uninsured deposits / deposits | 1.91% (p9 of band) | 8.50% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.95% (p85 of band) | 10.13% |
| Unrealized securities loss / equity | 8.13% (p75 of band) | 3.81% |
| AOCI / equity | 1.61% (p79 of band) | |
| ROA (annualized) | 0.40% (p26 of band) | 0.80% |
| Net interest margin | 3.10% (p18 of band) | 3.77% |
| Efficiency ratio | 87.29% (p79 of band) | |
| Noncurrent loans | 4.54% (p87 of band) | 1.27% |
| Net charge-offs (annualized) | -0.01% (p10 of band) | |
| Reserve coverage of noncurrent | 56.59% | |
| Real estate % of loans | 54% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $562,000 (8.20% of loans; DQ 3.38%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -2.9% | |
| Employees | 7 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 | capital falling | reserve under noncurrent |
| 2011-12 | 2 | reserve under noncurrent |  |
| 2012-03 | 1 |  | capital falling |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | uninsured deposits leaving |  |

## 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)
- 2026-09-04 [Hawthorn Bancshares Completes Merger of FSC Bancshares and Farmers State Bank - Quiver Quantitative](https://news.google.com/rss/articles/CBMiswFBVV95cUxPNkg2anBLNEE1YVlBM2tTSjFTWXp1Skp5YmxUVUJvb1hacEFmRzFOVllkQWVfSlhJb0xYTkc2WDFDdExjTXBnVkZmUl83ekVCSmZjZllfWkdGX2UzWEJpb3RyV0hPdWR6NGJpdVRsMHNkRmV5YU40N0VMZ25xU2p2ekM0b0J1WVllckVlLU1NbnlCVHA3SHRBSVRrZWw0aFNIZk5Celcxb2JGS3E5UjlhMWJiYw?oc=5) · Quiver Quantitative
- 2026-08-27 [Farmers State Bank of Oakley goes from zero to two KC-area locations - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOSHhOMW5jQkc0dTRYS2dOVmlwb1VZUkJicjdPY0sxSDdlcFd3aHNoR1VmX2UtZmZNcU9oaVIwOGtPRGhTYXNMNnYtTUc5OXJ1QmswZ1hfX0d2allKbEtaeGstcWxrLVVFeVJleXY5NU96UXdHWlE5QmpkbjN6a0M0SG0wZ2hvZUtucmJ1d0tyTUQ1RW00TDV1UUdLMWw1eFI5dnlHRnc3eVZEdw?oc=5) · The Business Journals
- 2026-05-15 [Farmers State Bank uses agentic AI to deliver digital convenience without losing the personal touch - IBM](https://news.google.com/rss/articles/CBMipAFBVV95cUxOemJGeG5LcUgzUkY4T3JqaXF4Q3ljV04yeTRuMWFySW5SdmNVTzNLOUxFTVNqYkd2S2V0N21fVm1oMjFGWktnZXFFOEE5UUYydjc4YS1leUNzZkZ1V2Vna3o5S2RlZzBCVnFhcGNNcmZWYlU1UlI0OXlBOGdOMkhQdlJ0MzU5aW16dnhqRGxXTkdTdVN4OFZ6Z0JqSnQ3azg2RG12bw?oc=5) · IBM
- 2026-07-20 [Farmers State Bank assumes deposits of Small Business Bank - Johnson County Post](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOcGhxbE80dmVKNFd0QW9SN2xmUVo0aG9tXzhNeGJzN0o1VHR5eVR4b0dRa1lrb1FVS1VGcW1UWnVfWXJ0eGlta050SjdXRnltT08zRVFScGo1X19ERDlkd3VaRnVjaG1WcGVkWHlmN2ltbFNIbHJGYkxtOUVWeWR1a1J1aXN0elRFUVpRcl9zb0V5WWU3dmV0MkFiZnluLW1VT2pKRVRrY0E5V0k?oc=5) · Johnson County Post
- 2026-08-17 [Money Monday: Keeping your business safe from fraud with Farmers State Bank - kcrg.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxOVGxoY3JhdmY0MGltMzcyYlA2eWFvOUdON2pCbkJXYWFVZFBvV3p4Q05NRkcxdHFkcjJjX3FVRFNKUV9iMlB1MW40TjhJVnV2NkJUcVcxOG1UcDBHNnBaaXpVVlBkdFhFU0k5R1VQQlRSS3N6Umg3OFkzekhnLVRkMHhmTlNYNjFhYkM4MWpKa2lyQzQ3cG9jSVY0bjZkVF9wX2c0Z0djX1BKNkNS?oc=5) · kcrg.com
- 2026-07-20 [Kansas’ Small Business Bank fails - Banking Dive](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNaUJ1Q2xPZjREN1dRTjFBcUhyRTlCT19RZGFTaF9KQUhRNk9FREloV0h3QmkwQy10c1BqdWNELWZUWHpMR29hZ2x1dGhkbFU0VzBJMDNBREZkaWJlQWJCaVk2U2d6QzRwVHdqZ1pPUEwxWGphVW5PT3YzbGJRbE1ucE5xTmROQ25KQVY5ak42aURRV05KU0xQM0g0T1NTUXFIb2NiLUVsVzhMalBDRjJTZ3lmRFg5NXFB?oc=5) · Banking Dive
- 2026-08-14 [Farmers State Bank Number of Employees 2026 | Employee Count & Headcount Data - reveliolabs.com](https://news.google.com/rss/articles/CBMidEFVX3lxTE9sTUlmblE2dzd0ZW41UnUtNzFpZFE4b0xWbUExdmxHS2FLdHdhSmdIWFVvUXpfSzR6Q1V3Slp2SEhyaEZ6akE1LVJCX1Rmd2lZcUMxNlhQejk0NkItMW9MQWVjQTZPV3cxN01KVnhIMmlfcDc3?oc=5) · reveliolabs.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5777 (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/17.json (key "5777", 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