Farmers State Bank (Phillipsburg, KS)
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Data as of · sourced from FFIEC call reports. How we update
Farmers State Bank is an FDIC-insured commercial bank headquartered in Phillipsburg, KS, established in 1909 (FDIC certificate 14344), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $42.8M, up 7.6% from Q2 2025, the 169th largest of 182 banks headquartered in Kansas. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.73% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 14344
- Headquarters
- Phillipsburg, KS
- Established
- 1909
- Total assets, Q2 2026
- $42.8M
- Assets vs Q2 2025
- +7.6%
- Tier 1 leverage ratio, Q2 2026
- 11.73%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 101110543
- Holding company
- PHILLIPS HOLDINGS, INC.
- Asset rank in state
- 169th of 182 in Kansas
Farmers State Bank, based in Phillipsburg, Kansas, reported $43 million in assets at June 30, 2026, up 7.6% from a year earlier. It grew deposits 13.6% over the year, 5.5 times the median of 2.5% for the 583 banks with less than $100 million in assets.
Loans and deposits moved in opposite directions: over the year loans fell 1.5% and deposits rose 13.6%. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 1.32% of loans, down from 1.83% a year earlier.
As of June 30, 2026, Farmers State Bank reported a return on assets of 1.07%, a nonperforming-loan ratio of 1.32% and a Texas ratio of 6.69%. The figures come from its call report filed with the FFIEC.
Farmers State Bank ranks as the 169th largest of the 182 banks based in Kansas, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 0.7% to $42.8M, loans rose 1.8% and deposits rose 3.3%. The largest part of its loan book on June 30, 2026 was farmland and other real estate loans, at 29.7% of total loans, ahead of 1-4 family residential loans at 25.0%. The FDIC Summary of Deposits lists a single office for it, in Phillipsburg, KS. Judged on its Q2 2026 call report, Farmers State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 110 W State St, Phillipsburg, KS 67661
- County
- Phillips
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1909
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 5
- Domestic deposits
- $36.2M
- Allowance for credit losses
- $396K
- Net charge-offs (YTD)
- -$2K
- Average total assets
- $44.4M
- Average total loans
- $22.1M
- Average interest-bearing deposits
- $26.6M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- May 8, 1934
- FDIC Cert
- 14344
- Fed RSSD
- 603559
- Website
- http://WWW.FSBPHILLIPSBURG.COM →
- Parent Holding Company
- PHILLIPS HOLDINGS, INC. (RSSD 1989643)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Farmers State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Farmers State Bank's total assets ranged from $38.3M (Q3 2023) to $42.8M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$42.8M total assets against $39.8M; $38.7M total liabilities against $36.3M.
$22.2M net loans and leases against $22.5M; $36.2M total deposits against $31.9M.
$15.8M securities against $14.0M; $2.7M cash and balances due against $1.1M.
$537K total interest income against $495K; $163K total interest expense against $158K.
$374K net interest income against $337K.
$29K total noninterest income against $33K; $277K total noninterest expense against $260K.
$0 provision for credit losses against $1K.
$119K net income against $111K.
1.07% return on assets against 1.10%; 3.54% net interest margin against 3.60%.
11.73% tier 1 leverage ratio against 12.27%.
Inside the full Farmers State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.34% (Q4 2024) to 1.10% (Q2 2025) and its net interest margin ran from 2.95% (Q3 2024) to 3.61% (Q3 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.73% | 1.07% | 1.32% | 6.69% | 3.54% |
| Q1 2026 | 11.82% | 0.77% | 1.20% | 6.17% | 3.44% |
| Q4 2025 | 12.02% | 0.80% | 1.87% | 9.07% | 3.31% |
| Q3 2025 | 12.17% | 1.07% | 1.76% | 9.51% | 3.61% |
| Q2 2025 | 12.27% | 1.10% | 1.83% | 10.70% | 3.60% |
| Q1 2025 | 11.97% | 0.57% | 1.96% | 10.97% | 3.06% |
| Q4 2024 | 11.74% | 0.34% | 0.66% | 3.96% | 3.15% |
| Q3 2024 | 11.84% | 0.63% | 0.82% | 4.48% | 2.95% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Farmers State Bank (main office) | Phillipsburg , KS | 67661 | $36.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in KS, rank 205 of 231 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $61K approved, $61K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2020 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Farmers State Bank
What are Farmers State Bank's total assets?
As of the Q2 2026 filing, Farmers State Bank reported total assets of $42.8 million in its FFIEC call report.
Where is Farmers State Bank headquartered?
It is headquartered in Phillipsburg, KS, United States.
When was Farmers State Bank founded?
It was established in 1909, per the FDIC institution directory.
Is Farmers State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14344). 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?
Farmers State Bank's primary federal regulator is the Federal Reserve.
How many branches does Farmers State Bank operate?
It 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's Texas Ratio?
Its Texas Ratio is 6.69% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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