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Farmers State Bank of Crosby, N. D., Financial Information

About Farmers State Bank of Crosby, N. D.

 Address:
111 E Central Ave
Crosby, ND
Divide County, North Dakota
 Established:
Jun 1919
 Number of domestic offices:
2
Agriculture bank
Total assets$70M
Net income$1M
Net income, quarterly$0M
Total deposits$64M
Domestic deposits$64M
Equity capital$6M
ROA0.89%
ROAQ, quarterly2.06%
ROA, pretax2.06%
ROAQ, quarterly, pretax2.2%
ROE9.16%
ROEQ, quarterly21.78%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Farmers State Bank of Crosby has been providing outstanding customer service to the Crosby and Noonan regional trade area since 1919. Farmers State Bank originated August 15, 1919 in Ambrose, North Dakota. In 1934 the bank moved its location to Crosby. In 1966 a new bank building was completed and a paying and receiving station was put in Noonan, North Dakota.

Farmers State Bank is the only locally owned bank in Divide County with assets of over $43 million. Farmers State Bank continues to operate today with 12 employees to serve community and customers with the trustworthy, prompt, and efficient service they deserve.

Crosby Office
111 East Central Ave
PO Box B
Crosby, ND 58730
Ph: (701) 965-6333
Fax: (701) 965-4392

Historical Data