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Bank Comparison

Farmers State Bank vs First Bank Midwest

Side-by-side regulatory financials for the latest quarter on file with the FFIEC.

Farmers State Bank

RSSD 113441 · LAGRANGE, IN

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vs

14 · 10

winning metrics across 24 comparable rows

First Bank Midwest

RSSD 419675 · RICHMOND, IN

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Capital adequacy

Metric Farmers State Bank First Bank Midwest
CET1 Ratio 16.96% 13.37%
Tier 1 Capital Ratio 16.96% 13.37%
Total Capital Ratio 17.98% 14.62%
Tier 1 Leverage Ratio 10.77% 11.10%
Equity / Assets 10.03% 8.86%

Profitability

Metric Farmers State Bank First Bank Midwest
Return on Assets (ROA) 1.76% 0.76%
Return on Equity (ROE) 17.80% 8.64%
Net Interest Margin (NIM) 3.94% 3.05%
Yield on Earning Assets 5.25% 5.64%
Cost of Funds 1.41% 2.86%

Asset quality

Metric Farmers State Bank First Bank Midwest
Texas Ratio 3.85% 11.72%
Non-Performing Loan Ratio 0.57% 1.33%
Non-Performing Asset Ratio 0.40% 1.05%
Net Charge-Off Ratio 0.04% 0.13%
ACL / Loans 0.93% 1.41%

Balance sheet

Metric Farmers State Bank First Bank Midwest
Total Assets $1,260M $1,513M
Total Deposits $1,110M $1,111M
Total Loans $894,837K $1,191M
Total Equity $126,491K $134,075K
Net Income (quarter) $5,606K $2,917K

Liquidity & funding

Metric Farmers State Bank First Bank Midwest
Loan-to-Deposit Ratio 80.57% 107.14%
Core Deposit Ratio 89.89% 71.71%
Uninsured Deposit Ratio 42.32% 22.30%

Identity

Metric Farmers State Bank First Bank Midwest
Headquarters City LAGRANGE RICHMOND
Headquarters State IN IN
Asset Tier 4: $1B-10B 4: $1B-10B
Charter Class 0 0
Regulator FDIC FDIC
Domestic Branches 12 14
Employees (FTE) 148 173
Established July 16, 1934, midnight Jan. 1, 1887, midnight

About this comparison

All metrics are sourced from FFIEC call report filings — the public regulatory financial reports every FDIC-insured US bank files quarterly. Both banks are reported as of March 31, 2026. The "winner" highlight is determined by the supervisory direction convention: higher is better for capital and profitability metrics; lower is better for risk metrics like Texas Ratio and uninsured-deposit ratio.

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