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Farmers State Bank

Yale, IA · Est. 1921 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Farmers State Bank is a bank based in Yale, Iowa, established in 1921, with $74 million in total assets across 1 branch. By Trust Grade it ranks 101st of 226 banks we track in Iowa. Its capital ratio of 10.1% trails most similarly sized banks (31th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.85% 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
$74.4M
<$100M institution
Deposits
$66.6M
Branches
1
Capital ratio
10.1%
Bottom 31% of <$100M peers · Iowa median 10.2%
Return on assets
1.9%
Top 13% of <$100M peers · Iowa median 1.31%
Rank in Iowa
#101
of 226 banks

How Farmers State Bank compares to Iowa peers

Capital ratio
Bottom 31% of <$100M peers
Farmers State
10.1%
Iowa median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 13% of <$100M peers
Farmers State
1.9%
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 (10.1% capital ratio)
  • Strongly profitable (ROA 1.85%)
  • 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 (1)

  • 201 Main St, Yale, IA 50277

Are deposits at Farmers State Bank insured?

Yes. Farmers State Bank is an FDIC-insured bank (FDIC certificate #9106). 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 (10.1% capital ratio); Strongly profitable (ROA 1.85%).

Is Farmers State Bank FDIC-insured?

Yes. Farmers State Bank is a FDIC-insured bank (FDIC certificate #9106). 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 $74 million in total assets, ranking 101st of 226 banks we track in Iowa. It operates 1 branch.

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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The Farmers State Bank
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First Security Bank
bank · Mapleton, IA · $68M assets

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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