The Farmers State Bank, Financial Information

AboutThe Farmers State Bank

 Address:
106 E. Cedar St
Marcus,IA
Cherokee County,Iowa
 Established:
Dec 1928
 Number of domestic offices:
1
Agriculture bank
Total assets$70M
Net income$1M
Net income,quarterly$0M
Total deposits$59M
Domestic deposits$59M
Equity capital$10M
ROA1.27%
ROAQ,quarterly-0.17%
ROA,pretax-0.17%
ROAQ,quarterly,pretax-0.15%
ROE8.72%
ROEQ,quarterly-1.17%
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 of Marcus was started in December of 1928 to serve the people of Marcus and the surrounding farming community. After one year the Farmers State Bank had grown to over $4 Million in total assets and in 2008 the Bank has grown to over $63 Million in total assets.

Farmers State Bank is a locally owned and banks purpose is still to service the people of Marcus and the farm community for all their financial needs. Banks staff, loan officers, executive management and directors are all members of community.

Farmers State Bank
106 E. Cedar, Box 548, Marcus, Iowa 51035
Phone: 888-376-4156, 712-376-4154
Fax: 712-376-2759