PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Farmers State Bank

Parkston, SD · Cert 1686 · Parkston Investment Co.

State charter, non-member · FDIC · 3 branches

Q2 2026

$254.8MAssets
$140.7MLoans
$237.4MDeposits
$16.7MEquity
Loan mix
76%RE $73.6M16%C&I $15.3M8%Consumer $8.0MQ2 2025Q2 2026
Deposit mix
78%Interest-bearing $185.7M22%Noninterest $51.7MQ2 2025Q2 2026

NIM

4.32%Q2 ’244.40%Q2 ’254.56%Q2 ’26+4%+14%

Non-interest income vs. expense

2.02%Q2 ’242.09%Q2 ’252.12%Q2 ’26+4%+2%

Executive Summary

  • Earnings: ROA of 0.89%, up 26 bps year over year; NIM at 3.00%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.99%, up 18 bps from a year ago.
  • Funding: loans stand at 59.25% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.89%+26 bps YoY

Net Interest Margin (YTD, annualized)

3.00%+37 bps YoY

Efficiency Ratio (YTD, annualized)

66.26%-629 bps YoY

Tier 1 Leverage Ratio

9.99%+18 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.64%0.68%0.72%0.82%0.89%+26 bps
Return on Equity12.39%12.61%12.88%13.05%13.96%+157 bps
Net Interest Margin2.63%2.70%2.72%2.92%3.00%+37 bps
Efficiency Ratio72.55%71.64%70.16%69.65%66.26%-629 bps
Non-Interest Burden1.87%1.89%1.85%1.97%1.91%+4 bps
Growth
Asset Growth (YoY)3.46%4.81%3.95%3.00%3.40%-5 bps
Loan Growth (YoY)2.34%3.21%5.15%7.67%7.23%+489 bps
Deposit Growth (YoY)2.30%5.14%2.06%1.70%2.46%+16 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.02%0.00%0 bps
Allowance / Loans1.04%1.03%1.05%1.08%1.12%+7 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.81%10.02%9.75%9.87%9.99%+18 bps
Total Risk-Based Capital9.81%10.02%9.75%9.87%9.99%+18 bps
Equity / Assets5.73%6.25%6.41%6.20%6.55%+83 bps
Liquidity & Funding
Loans / Deposits56.62%56.75%60.08%56.08%59.25%+263 bps
Liquid Assets / Assets1.78%3.48%0.79%5.31%2.32%+54 bps
CRE / Total Capitaln/a70.50%71.62%70.49%n/an/a