Farmers State Bank, Financial Information

AboutFarmers State Bank

 Address:
159 Riverside Avenue
Winthrop,WA
Okanogan County,Washington
 Established:
Jan 1916
 Number of domestic offices:
1
Total assets$53M
Net income$0M
Net income,quarterly$0M
Total deposits$49M
Domestic deposits$49M
Equity capital$4M
ROA0.28%
ROAQ,quarterly-0.04%
ROA,pretax-0.04%
ROAQ,quarterly,pretax-0.05%
ROE3.09%
ROEQ,quarterly-0.46%
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.

Farmers State Bank in Winthrop brings its customers the best of both worlds – rock solid security and old-fashioned customer service, as well as a cautiously progressive approach into banking conveniences of the 21st Century.

This friendly, family-owned bank has stood firm for nearly 100 years. State-chartered in 1915 to serve local miners and ranchers, Farmers was one of few banks to remain open through the Great Depression. During the 1930s, Farmers’ vault guarded gold bullion brought down from nearby mountain mines.

Management and staff are geared to offer all the convenience of a big bank, but with an informal hometown atmosphere. Lending decisions are made in-house, and rules may be flexible, within the law, to meet individual circumstances. The appearance of this unique community bank, on the boardwalk of an old-western town, even depicts old-fashioned values.

All these factors have kept Farmers on a firm foundation while larger banks scramble to stay solvent in difficult times. In fact this third-smallest Washington bank, with $28 million in assets, has earned the top five-star rating from independent analysts. This attests to Farmers’ strength in assets, capital, net worth and ability to meet demands on deposits.

Customer Service:
509.996.2244

Lost or stolen Debit Cards after normal business hours:
800.554.8969

International Collect outside the U.S for lost or stolen Debit Cards:
973.682.2652

Fax:
509.996.2102

Mailing Information:
Farmers State Bank
PO Box 489
Winthrop, WA 98862

Main Office Location:
159 Riverside Ave
Winthrop, WA 98862