Farmers State Bank
Algona, IA · Cert 8760 · Peer group: banks under $1B in assets in IA (n=134-135) · Whittemore Bancshares Inc.
State charter, non-member · FDIC · 3 branches
Q2 2026
$150.5MAssets
$110.5MLoans
$130.7MDeposits
$19.1MEquity
Executive Summary
- Strongest standing: equity / assets outperforms 71% of banks under $1B in assets in IA (rank 39 of 135).
- Widest gap: nonperforming loans / loans trails 68% of banks under $1B in assets in IA (rank 92 of 134).
- Overall: at or above the peer median on 4 of 9 directional measures.
Return on Assets
1.28%
Rank 61 of 135
Net Interest Margin
3.65%
Rank 43 of 135
Efficiency Ratio
59.25%
Rank 81 of 135
Equity / Assets
12.66%
Rank 39 of 135
Non-interest income vs. expense
Unfavorable gap of $3.1M · efficiency ratio beats 41% of banks under $1B in assets in IA | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.28% | 0.92% | 1.19% | 1.47% | Beats 55% | 61 / 135 | |
| Return on Equity | 10.09% | 7.99% | 10.26% | 13.14% | Beats 47% | 71 / 135 | |
| Net Interest Margin | 3.65% | 2.95% | 3.41% | 3.73% | Beats 68% | 43 / 135 | |
| Efficiency Ratio | 59.25% | 50.61% | 57.35% | 63.29% | Beats 41% | 81 / 135 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.91% | 0.03% | 0.51% | 1.26% | Beats 32% | 92 / 134 | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.01% | 0.03% | Beats 58% | 57 / 134 | |
| Capital |
| Tier 1 Capital Ratio | 12.70% | 11.23% | 13.31% | 15.45% | Beats 41% | 79 / 135 | |
| Total Risk-Based Capital Ratio | 12.70% | 11.61% | 14.06% | 16.47% | Beats 37% | 85 / 135 | |
| Equity / Assets | 12.66% | 9.87% | 11.05% | 13.07% | Beats 71% | 39 / 135 | |
| Liquidity & Funding |
| Loans / Deposits | 84.54% | 68.54% | 81.55% | 91.24% | 57th pctl | 57 / 134 | |
| Loans / Assets | 73.40% | 57.61% | 68.06% | 76.23% | 64th pctl | 48 / 135 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |