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Farmers State Bank

Marion, IA · Est. 1927 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Farmers State Bank is a bank based in Marion, Iowa, established in 1927, with $1.1 billion in total assets across 9 branches. By Trust Grade it ranks 24th of 226 banks we track in Iowa. Its capital ratio of 13.4% is stronger than 88% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.69% return on assets. No consumer complaints against Farmers State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$1.1B
$1B–10B institution
Deposits
$933.0M
Branches
9
Capital ratio
13.4%
Top 12% of $1B–10B peers · Iowa median 10.2%
Return on assets
1.7%
Top 20% of $1B–10B peers · Iowa median 1.31%
Rank in Iowa
#24
of 226 banks

How Farmers State Bank compares to Iowa peers

Capital ratio
Top 12% of $1B–10B peers
Farmers State
13.4%
Iowa median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 20% of $1B–10B peers
Farmers State
1.7%
Iowa median
1.3%
Higher ROA = more profitable relative to asset base

How we graded Farmers State Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (13.4% capital ratio)
  • Strongly profitable (ROA 1.69%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Farmers State Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (9)

  • 117 N Main Ave, Alburnett, IA 52202
  • 175 Center Point Rd, Hiawatha, IA 52233
  • 1200 9th St, Marion, IA 52302
  • 1380 Twixt Town Rd, Marion, IA 52302
  • 399 Edgewood Rd Nw, Cedar Rapids, IA 52405
  • 1100 8th Ave, Marion, IA 52302
  • 2755 Edgewood Rd Sw, Cedar Rapids, IA 52404
  • 1600 N Park Rd, Tiffin, IA 52340
  • 1240 8th Ave, Marion, IA 52302

Are deposits at Farmers State Bank insured?

Yes. Farmers State Bank is an FDIC-insured bank (FDIC certificate #14209). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Farmers State Bank: frequently asked questions

Is Farmers State Bank a good bank?

Farmers State Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (13.4% capital ratio); Strongly profitable (ROA 1.69%).

Is Farmers State Bank FDIC-insured?

Yes. Farmers State Bank is a FDIC-insured bank (FDIC certificate #14209). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Farmers State Bank?

Farmers State Bank holds $1.1 billion in total assets, ranking 24th of 226 banks we track in Iowa. It operates 9 branches.

Does Farmers State Bank have CFPB complaints?

No CFPB complaints against Farmers State Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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