Farmers State Bank (Marcus, IA)
BankRegReports is independent of Farmers State Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Farmers State Bank is an FDIC-insured commercial bank headquartered in Marcus, IA, established in 1928 (FDIC certificate 8503), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $77.2M, up 3.1% from Q2 2025, the 204th largest of 225 banks headquartered in Iowa. It reports no CET1 ratio; its Tier 1 leverage ratio was 13.19% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 8503
- Headquarters
- Marcus, IA
- Established
- 1928
- Total assets, Q2 2026
- $77.2M
- Assets vs Q2 2025
- +3.1%
- Tier 1 leverage ratio, Q2 2026
- 13.19%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 073921006
- Latest call report
- Q2 2026, FFIEC 051 · Farmers State Bank call report
- Holding company
- WEST IOWA BANC CORP.
- Asset rank in state
- 204th of 225 in Iowa
Farmers State Bank runs leaner than most banks of its size. Its balance sheet stood at $77 million at June 30, 2026, up 3.1% from a year earlier; it is based in Marcus, Iowa. It spends about 48 cents to bring in each dollar of revenue, lower than about 9 in 10 of the 583 banks with less than $100 million in assets (median 69 cents). It also returns 16.4% a year on shareholders' equity, about double the median of 8.6% for banks its size.
Earnings jumped: net income for the quarter was $387,000, 140% above the same quarter a year earlier. Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.51% of loans from 1.94%.
As of June 30, 2026, Farmers State Bank reported a return on assets of 1.93%, a nonperforming-loan ratio of 0.51% and a Texas ratio of 2.07%. The figures come from its call report filed with the FFIEC.
Farmers State Bank ranks as the 204th largest of the 225 banks based in Iowa, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 1.0% to $77.2M, loans rose 1.9% and deposits fell 2.0%. The largest part of its loan book on June 30, 2026 was agricultural production loans, at 40.0% of total loans, ahead of farmland and other real estate loans at 25.1%. The FDIC Summary of Deposits lists a single office for it, in Marcus, IA. By the capital ratios in its Q2 2026 call report, Farmers State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 106 E Cedar St, Marcus, IA 51035
- County
- Cherokee
- 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 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- December 28, 1928
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 9
- Domestic deposits
- $67.2M
- Allowance for credit losses
- $1.1M
- Net charge-offs (YTD)
- -$15K
- Average total assets
- $80.3M
- Average total loans
- $43.9M
- Average interest-bearing deposits
- $54.9M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 8503
- Fed RSSD
- 944748
- Website
- www.fsbmarcus.com →
- Parent Holding Company
- WEST IOWA BANC CORP. (RSSD 1249187)
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
Farmers State Bank's total assets moved between a low of $71.5M (Q3 2023) and a high of $78.2M (Q4 2023) from Q3 2023 to 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
$77.2M total assets against $74.9M; $67.5M total liabilities against $66.2M.
$42.8M net loans and leases against $43.2M; $67.2M total deposits against $65.3M.
$29.9M securities against $27.6M; $3.2M cash and balances due against $2.7M.
$960K total interest income against $881K; $303K total interest expense against $339K.
$657K net interest income against $542K.
$108K total noninterest income against $97K; $372K total noninterest expense against $401K.
$0 provision for credit losses against $75K.
$387K net income against $161K.
1.93% return on assets against 0.83%; 3.41% net interest margin against 2.92%.
13.19% tier 1 leverage ratio against 12.82%.
Inside the full Farmers State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFarmers State Bank rankings
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.59% (Q4 2024) to 1.93% (Q2 2026) and its net interest margin ran from 2.67% (Q4 2024) to 3.41% (Q1 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.19% | 1.93% | 0.51% | 2.07% | 3.41% |
| Q1 2026 | 12.70% | 1.66% | 0.04% | 7.54% | 3.41% |
| Q4 2025 | 13.64% | 1.67% | 0.05% | 7.27% | 3.38% |
| Q3 2025 | 13.42% | 1.38% | 0.04% | 7.76% | 3.22% |
| Q2 2025 | 12.82% | 0.83% | 1.94% | 9.00% | 2.92% |
| Q1 2025 | 12.46% | 0.91% | 2.02% | 9.36% | 2.89% |
| Q4 2024 | 12.75% | 0.59% | 1.98% | 9.82% | 2.67% |
| Q3 2024 | 12.60% | 0.90% | 0.01% | 0.06% | 2.73% |
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 |
|---|---|---|---|
| The Farmers State Bank | Marcus , IA | 51035 | $67.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IA, rank 229 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $125K approved, $125K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1994 (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
Add this badge to your website
Free to use. It shows Farmers State Bank’s latest filed figures and updates each quarter.
Similar banks
Compare Farmers State Bank with peers
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 $77.2 million in its FFIEC call report.
Where is Farmers State Bank headquartered?
It is headquartered in Marcus, IA, United States.
When was Farmers State Bank founded?
It was established in 1928, per the FDIC institution directory.
Is Farmers State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #8503). 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 FDIC.
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 2.07% 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.
Go deeper on Farmers State Bank.
Get an email when Farmers State Bank files its next call report, and benchmark it against any peer you choose.
Unlock Farmers State Bank, freeFree account