Vitals
  • Total Assets
    53.1M 4.5 %
  • Total Deposits
    48.2M 6.2 %
  • Total Net Loans
    24.3M -1.4 %
  • Net Income
    604000.0000 27.7 %
  • Book Value
    4.9M -9.3 %
  • Book Value x2
    9.8M -9.3 %
  • Book Value x3
    14.7M -9.3 %
ROAA

1.107

ROAE

11.993

Efficiency Ratio

52.97

Net Interest Margin

3.423

Balance Sheet Highlights
Financial Highlights Farmers State Bank Of Elkton All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 53,131 130,832
Total Net Loans 24,332 81,249
Total Deposits 48,171 112,584
Total Equity 4,897 13,127
Profitability
Net Income 604 1,303
Return on Average Assets 1.107 .952
Return on Average Equity 11.993 9.157
Net Interest Margin 3.423 3.83
Efficiency Ratio 52.97 71.481
Noninterest Income/Revenue 3.735 13.093
Balance Sheet Ratios
Loan-to-Deposit 50.512 69.667
Securities/Assets .373 .196
Total Equity/Total Assets .092 .1
Tangible Equity/Tangible Assets .092 .099
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 4,951 12,887
Tier 2 Capital 375 1,021
Total Capital 5,326 13,935
Total Risk Weighted Assets 35,154 90,245
Leverage Ratio 8.93 9.986
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 14.08 15.223
Total Capital Ratio 15.15 16.349

Timeline for Farmers State Bank Of Elkton

United Farmers State Bank

Farmers State Bank Of Elkton was acquired by United Farmers State Bank 10 years

View Profile Jan 18 2014

Adams Bancshares, Inc.

Adams Bancshares, Inc. became a new parent organization for Farmers State Bank Of Elkton.

View Profile Aug 01 2012

Elkton Bancshares, Inc.

Elkton Bancshares, Inc. became a new parent organization for Farmers State Bank Of Elkton.

View Profile Apr 02 1984

Farmers State Bank Of Elkton

Farmers State Bank Of Elkton was established 111 years ago and is currently headquartered in Elkton, MN.

Jan 01 1913
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
United Farmers State Bank Buyer 145,000 Pooling of Interests Discontinued 1/18/2014
Relationships Role Relationship Start Relationship End
Adams Bancshares, Inc. Parent 8/1/2012 1/17/2014
Elkton Bancshares, Inc. Parent 4/2/1984 7/31/2012
Similar Organizations
Organization City State Total Assets
Community Bank Owatonna
 		Owatonna MN 53.2M
Brighton Bank
 		Brighton TN 53.5M
Community Bank
 		Avon SD 52.7M
Basile State Bank
 		Basile LA 54.3M
First Trust And Savings Bank
 		Coralville IA 52.9M
Breda Savings Bank
 		Breda IA 54.8M
Security State Bank Of Kenyon
 		Kenyon MN 52.8M
First Tri County Bank
 		Swanton NE 52.9M
Pcsb Commercial Bank
 		Brewster NY 52.6M
Twin City Bank
 		Longview WA 52.4M