# FARMERS STATE BANK
WINTHROP, WA · FDIC certificate 6156 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. 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 | $47.4M | |
| Deposits | $41.4M | |
| Loans and leases | $3.5M | |
| Total equity | $6.0M | |
| Loans / deposits | 7.95% (p4 of band) | 73.59% |
| Liquid assets / assets | 92.23% (p98 of band) | |
| Uninsured deposits / deposits | 11.41% (p18 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.38% (p57 of band) | 11.76% |
| Unrealized securities loss / equity | -4.31% (p59 of band) | -6.57% |
| AOCI / equity | 0.00% (p78 of band) | |
| ROA (annualized) | 1.19% (p51 of band) | 1.17% |
| Net interest margin | 3.40% (p26 of band) | 3.93% |
| Efficiency ratio | 54.92% (p23 of band) | |
| Noncurrent loans | 0.00% (p12 of band) | 0.36% |
| Net charge-offs (annualized) | 0.02% (p71 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | 49% | |
| Construction % of loans | 1.12% (p21 of band) | |
| Auto loans | $207,000 (5.90% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -5.3% | |
| Employees | 6 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | capital falling |  |
| 2012-03 | 2 | uninsured deposits leaving |  |
| 2012-06 | 1 |  | capital falling |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 | capital falling | uninsured deposits leaving |
| 2013-03 | 0 |  | capital falling |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | capital falling |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 0 |  |  |
| 2015-12 | 1 | capital falling |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 0 |  | capital falling |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | capital falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | capital falling |  |
| 2018-03 | 1 | NIM <2.5% | capital falling |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | capital falling |  |
| 2018-12 | 1 |  | NIM <2.5% |
| 2019-03 | 0 |  | capital falling |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 2 | capital falling, noncurrent p90 |  |
| 2020-03 | 1 | uninsured deposits leaving | capital falling, noncurrent p90 |
| 2020-06 | 2 | NIM <2.5% |  |
| 2020-09 | 2 | capital falling | uninsured deposits leaving |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | noncurrent p90 |  |
| 2022-03 | 3 | securities losses >30% of equity | noncurrent p90 |
| 2022-06 | 2 |  | capital falling |
| 2022-09 | 3 | leverage <7% |  |
| 2022-12 | 4 | capital falling |  |
| 2023-03 | 2 |  | leverage <7%, capital falling |
| 2023-06 | 5 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-09 | 6 | noncurrent p90 |  |
| 2023-12 | 5 |  | securities losses >30% of equity |
| 2024-03 | 4 |  | uninsured deposits leaving |
| 2024-06 | 3 |  | noncurrent p90 |
| 2024-09 | 1 |  | deposits shrinking, assets shrinking |
| 2024-12 | 1 | assets shrinking | NIM <2.5% |
| 2025-03 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 2 |  | uninsured deposits leaving |
| 2025-12 | 1 |  | assets shrinking |
| 2026-03 | 0 |  | deposits shrinking |
| 2026-06 | 1 | deposits shrinking |  |

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

- 2026-09-01 [Shirley LeRoy Gunter Obituary (2026) - Washington, GA - Hopkins Funeral Home - Washington - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxPZldUT3VtMFBaR1VqdDQ3ejdiNjlBMkQzN3cwdmpiTjJSamhWTDhmdERhQ21kSFZkdmN0emNaMEtDcDZsb3VXd1NlNXNEdkF0cDlNeGEwYmNNY0lab3p2NHVhWmJVbk1SYW1idkRuV1VSSUUyOTZwS3ZvODhrcEtBcVhaQQ?oc=5) · legacy.com
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 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
- 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
- 2026-05-01 [Hawthorn Bancshares expands Missouri presence with Farmers State Bank acquisition - KTTN](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOOWRaSC00SkJiVDd1UWVvSUstaVdKUGVOcFNsTzBxQ09TcnJCOHE1OEJpVzhDSlZtWnp0YzVValN6UlEtMTZJMlJVR1ZhZGF1X3BjNFAwS0R4VWNid3dNQWVJcW51NmVQV0tpT3ZFN0FLMGN1TXkzWXNoM0gxMThNNGNhcUNfOWg3cTdObHMyd09yNnJCQVZZNGF0ZnI2c0VJdUFIbVpZQlJpbEU?oc=5) · KTTN
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - Iowa - Newsweek Rankings](https://news.google.com/rss/articles/CBMiigFBVV95cUxNdDNERG9UY2kxckVvZnQwUlVpcHY4VXdGc2Q4a1RhOXNncGF5ZmZfNGFwVm5ZMGt1N2VXZGttYmZzZWluNVo5X1dQb29Jd3ExRFJGQUkydjhjWU5fUThfQktxRWxIZ1hQZXFFMmY5VXNNTkJIR2R6cThpekloYVQ5R0VZYVpYdWVPNFE?oc=5) · Newsweek Rankings
- 2026-08-28 [The Pigskin Preview is HERE, and here’s where you can get yours! - 580wibw.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxQYU96UEtxempwVHlZaFo5R0dwdjRXeVhZdThORVVWcDc1bU5wMjJlQ3o0X3FJM29hdUh3cXpPSXh4TzBOcmdDVlpscHVlaC0xdDhXQ1Q5eGhyUmpBTEFYODVGakVManNKdi1idXhwOHNYN25yTTd2djNGNUZLUGJvNXRsV2cwU0UxTUU1eDQ4RQ?oc=5) · 580wibw.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=6156 (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/12.json (key "6156", 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