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Farmers State Bank of Watkins, Financial Information

AboutFarmers State Bank of Watkins

 Address:
Meeker And Second Avenue
Watkins,MN
Meeker County,Minnesota
 Established:
Oct 1914
 Number of domestic offices:
1
Total assets$39M
Net income$1M
Net income,quarterly$0M
Total deposits$34M
Domestic deposits$34M
Equity capital$5M
ROA1.61%
ROAQ,quarterly1.32%
ROA,pretax1.32%
ROAQ,quarterly,pretax1.32%
ROE11.78%
ROEQ,quarterly9.74%
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.

The Farmers State Bank of Watkins has been providing the financial needs to the town of Watkins and the surrounding area for over 90 years.

Farmers State Bank of Watkins Internet Banking product provides a fast and convenient way for you to do your banking. The Farmers State Bank of Watkins was founded in 1914; the original bank building was located right on Central Avenue and was home to the bank until 1978 when the bank moved to its current location on the corner of Meeker Avenue and Second Street in Watkins.

170 Meeker Ave.
P.O. Box 490
Watkins, MN 55389
Phone: (320) 764 2600
Fax: (320) 764 5380

Monday – Thursday 8:30 A.M. – 3:00 P.M.
Drive-up Only 3:00 P.M. – 4:00 P.M.
Friday 8:30 A.M. – 6:00 P.M.
Saturday 8:30 A.M. – 11:30 A.M. Walk-up/Drive-up Only

Historical Data