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Farmers Savings Bank

Wever, IA · Cert 10500 · FSB Bcorp

State charter, non-member · FDIC · 3 branches

Q2 2026

$130.5MAssets
$89.4MLoans
$111.0MDeposits
$14.8MEquity
Loan mix
76%RE $60.1M21%C&I $16.1M3%Consumer $2.4MQ3 2024Q2 2026
Deposit mix
79%Interest-bearing $87.6M21%Noninterest $23.5MQ3 2024Q2 2026

Executive Summary

  • Earnings: ROA of 0.57%, up 26 bps year over year; NIM at 3.02%.
  • Asset quality: problem loans at 0.27% of loans (-3 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 13.71%, down 27 bps from a year ago.
  • Funding: loans stand at 80.55% of deposits as of Q2 2026.

Return on Assets (quarter, annualized)

0.57%+26 bps YoY

Net Interest Margin (quarter, annualized)

3.02%+27 bps YoY

Efficiency Ratio (quarter, annualized)

77.64%-896 bps YoY

Tier 1 Leverage Ratio

13.71%-27 bps YoY

NIM

4.00%Q2 ’244.78%Q2 ’254.71%Q2 ’26+38%+10%

Non-interest income vs. expense

2.28%Q2 ’242.55%Q2 ’252.47%Q2 ’26+16%-2%

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.17%-3.50%0.25%0.31%0.41%0.50%0.42%0.57%+26 bps
Return on Equity-1.61%-33.85%2.55%3.10%4.02%4.78%3.95%5.23%+212 bps
Net Interest Margin2.20%2.28%2.58%2.75%2.87%2.80%2.96%3.02%+27 bps
Efficiency Ratio107.27%115.93%88.70%86.60%82.79%79.64%81.87%77.64%-896 bps
Non-Interest Burden2.37%2.70%2.27%2.36%2.35%2.18%2.39%2.31%-5 bps
Growth
Asset Growth (YoY)3.20%1.48%3.05%1.28%2.58%7.29%3.10%1.23%-5 bps
Loan Growth (YoY)9.19%25.73%23.18%12.39%12.72%0.32%-2.06%3.42%-897 bps
Deposit Growth (YoY)-2.33%5.79%9.99%9.18%6.62%8.17%1.50%-0.14%-932 bps
Asset Quality
Nonperforming Loans / Loans0.50%0.37%0.29%0.30%0.28%0.28%0.28%0.27%-3 bps
Net Charge-Offs / Loans-0.02%0.00%-0.01%-0.02%-0.01%0.00%0.11%-0.02%+1 bps
Allowance / Loans1.48%1.30%1.32%1.35%1.31%1.31%1.34%1.30%-5 bps
Allowance Coverage of NPLs3.0x3.5x4.5x4.6x4.6x4.7x4.7x4.8x+0.2x
Capital
Tier 1 Leverage Ratio14.98%13.99%13.83%13.97%13.56%13.14%13.39%13.71%-27 bps
Total Risk-Based Capital14.98%13.99%13.83%13.97%13.56%13.14%13.39%13.71%-27 bps
Equity / Assets10.79%9.89%9.77%10.14%10.46%10.56%10.58%11.34%+120 bps
Liquidity & Funding
Loans / Deposits78.85%85.44%79.46%77.78%83.36%79.24%76.67%80.55%+277 bps
Liquid Assets / Assets0.48%1.13%3.89%5.11%5.64%7.28%8.20%4.71%-40 bps
CRE / Total Capitaln/an/an/an/a80.04%83.45%78.22%n/an/a