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Farmers State Bank of Hoffman (Hoffman, MN): Financial Reports & UBPR Data

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Hoffman, MN Under $100M in assets Est. March 21, 1911 FDIC #9354 RSSD #981453 Routing #091205571 FDIC

Data as of · sourced from FFIEC call reports. How we update

Assets
$36.9M
Deposits
$32.7M
Loans
$15.6M
Equity
$4.0M

Problem loans are rising at Farmers State Bank of Hoffman. Based in Hoffman, Minnesota, it had $37 million in assets at June 30, 2026, down 1.2% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.10% of loans from 0.00% a year earlier. It lost 3.3% of its deposits over the year, lower than about three-quarters of the 583 banks with less than $100 million in assets (median 2.5%). It also carries problem assets equal to 7.7% of the capital and reserves that would absorb them, 5.6 times the median of 1.4% for banks its size.

Earnings jumped: net income for the quarter was $133,000, 39% above the same quarter a year earlier. Paper losses on its bond portfolio are shrinking: unrealized losses of $956,000 equal 19% of Tier 1 capital, down from 28% a year earlier.

As of June 30, 2026, Farmers State Bank of Hoffman reported a return on assets of 1.34%, a nonperforming-loan ratio of 2.10% and a Texas ratio of 7.72%, according to its call report filed with the FFIEC.

Headquarters Profile

Address
103 W Main Ave, Hoffman, MN 56339
County
Grant
Charter
Commercial bank, state charter, Fed non-member, FDIC-supervised
Primary Regulator
FDIC
FDIC Region
Kansas City (Region 11)
Federal Reserve member
No
Federal Reserve district
District 9, Minneapolis
Fiduciary (trust) powers
—
Call Report form
FFIEC 051
Established
March 21, 1911
Offices
1 domestic
Employees (FTE)
6
Domestic deposits
$32.7M
Allowance for credit losses
$199K
Net charge-offs (YTD)
$0
Average total assets
$39.6M
Average total loans
$14.9M
Average interest-bearing deposits
$24.1M
Tax status
Subchapter S
Ownership
Stock
Community bank
Yes
FDIC-insured since
January 1, 1934
FDIC Cert
9354
Fed RSSD
981453

Profitability

Q2 annualized
Return on Assets1.34%YTD 1.14%
Return on Equity13.57%YTD 11.27%
Net Interest Margin3.53%YTD 3.46%

Balance Sheet

Total liabilities$32.8M
Cash & balances due$10.1M
Securities, available-for-sale$10.8M
Securities, held-to-maturity$0
Goodwill & intangibles$0

Income Statement

Net income Q2$133K
Net interest income YTD$631K
Total interest income YTD$822K
Total interest expense YTD$191K
Provision for credit losses YTD$0

Operating & Funding

Total noninterest income YTD$18K
Total noninterest expense YTD$417K

Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD. The UBPR's YTD ROA divides by the average of the quarterly average assets the bank reports on Schedule RC-K, while FDIC BankFind divides by the average of quarter-end total assets, so FDIC's ROA can differ from the YTD figure by a few hundredths of a point. This bank files the community bank leverage ratio (CBLR), the simplified capital framework for qualifying community banks. It does not report CET1, Tier 1 or total risk-based ratios, so the Tier 1 leverage ratio is the capital measure that applies.

Quarterly trends

Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.

Total assets and total liabilities

Balances at each quarter end. The gap between the two lines is equity capital.

Loans and leases against deposits

Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.

Securities and cash

Balances at each quarter end. Each line is its own balance, not stacked on the other.

Interest income against interest expense

Each bar is that quarter alone. The gap between the two is net interest income.

Net interest income

What the balance sheet earned on spread that quarter, before fees and operating costs.

Noninterest income against noninterest expense

Fees, trading and other income against salaries, premises and the rest of the cost base.

Provision for credit losses

No provision recorded in the last 12 quarters.

Net income

Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.

Return on assets and net interest margin
CET1 and Tier 1 leverage ratios

CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.

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Farmers State Bank of Hoffman rankings

How this bank ranks on each leaderboard. Click any rank to see the full ranked list.

Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.

Quarterly trend: last 8 quarters

Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings. A community bank leverage ratio filer reports no CET1 ratio, so the first ratio column is the Tier 1 leverage ratio.

Quarter Leverage ROA NPL Texas NIM
Q2 2026 12.63% 1.34% 2.10% 7.72% 3.53%
Q1 2026 13.02% 0.93% 0.00% 0.00% 3.38%
Q4 2025 13.71% 0.35% 0.00% 0.00% 3.40%
Q3 2025 13.11% 1.05% 0.00% 0.00% 3.35%
Q2 2025 13.05% 1.06% 0.00% 0.00% 3.27%
Q1 2025 13.42% 0.97% 0.00% 0.00% 3.25%
Q4 2024 13.66% 0.88% 0.00% 0.00% 3.23%
Q3 2024 13.48% 0.95% 0.02% 0.09% 3.23%

Swipe the table sideways to see every column.

Branch Network

Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View the branch →

1–1 of 1
Branch Location ZIP Deposits
Farmers State Bank of Hoffman (main office) Hoffman , MN 56339 $32.7M

Regulatory record

What the public regulatory sources show for Farmers State Bank of Hoffman, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.

Enforcement actions
Not on file: no matched FDIC, Federal Reserve or OCC action
Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
Deposit market share
<0.1% of deposits in MN, rank 263 of 279 institutions
Period: June 30, 2026. Source: FDIC Summary of Deposits.
Mortgage lending (HMDA)
Not on file: no HMDA filing matched
Period: not on file. Source: FFIEC HMDA loan application register.
SBA 7(a) lending
1 loans, $241K approved, $241K average. 0.00% of that year's loans have since been charged off
Period: Federal fiscal year 2018 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
Consumer complaints
Not on file: no CFPB complaints matched
Period: not on file. Source: CFPB consumer complaint database.
CFPB enforcement
Not on file: CFPB enforcement actions are not loaded
Period: not on file. Source: CFPB enforcement actions.
CRA examination rating
Not on file: FFIEC CRA ratings are not loaded
Period: not on file. Source: FFIEC CRA ratings.

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Frequently asked about Farmers State Bank of Hoffman

What are Farmers State Bank of Hoffman's total assets?

As of the Q2 2026 filing, Farmers State Bank of Hoffman reported total assets of $36.9 million in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.

Where is Farmers State Bank of Hoffman headquartered?

Farmers State Bank of Hoffman is headquartered in Hoffman, MN, United States. It files quarterly FFIEC call reports, as every FDIC-insured commercial bank must.

When was Farmers State Bank of Hoffman founded?

Farmers State Bank of Hoffman was established in 1911, per the FDIC institution directory.

Is Farmers State Bank of Hoffman FDIC-insured?

Yes. Farmers State Bank of Hoffman is an FDIC-insured commercial bank (FDIC Certificate #9354). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.

Who regulates Farmers State Bank of Hoffman?

Farmers State Bank of Hoffman's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.

How many branches does Farmers State Bank of Hoffman operate?

Farmers State Bank of Hoffman operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.

What is Farmers State Bank of Hoffman's Texas Ratio?

Farmers State Bank of Hoffman's Texas Ratio is 7.72% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.

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