Farmers State Bank of Western Illinois, Financial Information

About Farmers State Bank of Western Illinois

 Address:
124 West D Street
Alpha, IL
Henry County, Illinois
 Established:
Dec 1910
 Number of domestic offices:
6
Agriculture bank
Total assets$156M
Net income$1M
Net income, quarterly$0M
Total deposits$134M
Domestic deposits$134M
Equity capital$19M
ROA0.8%
ROAQ, quarterly0.56%
ROA, pretax0.56%
ROAQ, quarterly, pretax0.56%
ROE6.19%
ROEQ, quarterly4.43%
UpdatedMay 20, 2021

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 Western Illinois has been a financial partner with area communities since its original charter as the Farmers State Bank of Alpha on January 22, 1910. In May of 1980, Alpha Banco, Inc. was formed and purchased a majority of Farmers State Bank of Alpha.

Alpha Banco, Inc. purchased the Bank of Alexis in September of 1990. In December of 1990, Alpha Banco, Inc. became the sole owner of Farmers State Bank of Western Illinois. In October of 1992 The Bank of Alexis was merged with Farmers State Bank of Western Illinois. In November of 1992, a new office was opened in Woodhull.

In the fall of 1994 construction was started on a new building in Aledo. That office opened in March of 1995. In the fall of 2003 construction was started on a new building in Viola. That office opened in April of 2004.

Farmers State Bank has a wide array of services to meet your every banking need. From banks checking accounts to real estate loans, a complete line of financial products are available. Farmers State Bank has a wide array of services to meet your every banking need.

Aledo Office
201 S. College Ave.,
P.O. Box 127
Aledo, IL 61231-0127
Phone (309) 582-3150
Fax (309) 582-3233

Alexis Office
205 E. Broadway
P.O. Box 249
Alexis, IL 61412-0249
Phone (309) 482-5511
Fax (309) 482-3286

Alpha Office
124 West D St.
P.O. Box 369
Alpha, IL 61413-0369
Phone (309) 629-4361
Fax (309) 629-2700

New Windsor Office
600 Main St.,
P.O. Box 520
New Windsor, IL 61465-0520
Phone (309) 667-2735
Fax (309) 667-2822

Viola Office
1803 13th St.,
P.O. Box 345
Viola, IL 61486-0345
Phone (309) 596-2189
Fax (309) 596-2994

Woodhull Office
320 N. Division St.,
P.O. Box 475
Woodhull, IL 61490-0475
Phone (309) 334-2802
Fax (309) 334-2809