Farmers State Bank of Hamel
Also written as FSB of Hamel
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Data as of · sourced from FFIEC call reports. How we update
Farmers State Bank of Hamel is an FDIC-insured commercial bank headquartered in Hamel, MN, established in 1919 (FDIC certificate 8214), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $198.3M, down 3.2% from Q2 2025, the 118th largest of 221 banks headquartered in Minnesota. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.52% 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
- 8214
- Headquarters
- Hamel, MN
- Established
- 1919
- Total assets, Q2 2026
- $198.3M
- Assets vs Q2 2025
- -3.2%
- Tier 1 leverage ratio, Q2 2026
- 9.52%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 091014652
- Latest call report
- Q2 2026, FFIEC 051 · Farmers State Bank of Hamel call report
- Asset rank in state
- 118th of 221 in Minnesota
Farmers State Bank of Hamel, based in Hamel, Minnesota, reported $198 million in assets at June 30, 2026, down 3.2% from a year earlier. It keeps 2.69 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). On the other hand, it carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 banks its size (median 2.6%).
Paper losses on its bond portfolio are shrinking: unrealized losses of $6.3 million equal 33% of Tier 1 capital, down from 44% a year earlier. Net income for the quarter rose 15% from a year earlier, to $370,000. Profitability lags: it earns about $0.75 a year on every $100 of assets, lower than about three-quarters of banks its size (median $1.28).
As of June 30, 2026, Farmers State Bank of Hamel reported a return on assets of 0.75%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
Of the 221 banks headquartered in Minnesota, Farmers State Bank of Hamel is the 118th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 5.1% to $198.3M, loans fell 5.5% and deposits rose 4.9%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 44.7% of total loans, followed by owner-occupied commercial real estate loans at 35.9%. The FDIC Summary of Deposits lists 2 offices for it, in Hamel, MN and Corcoran, MN; its Hamel office books 100% of its branch deposits. Judged on its Q2 2026 call report, Farmers State Bank of Hamel meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 145 Hamel Rd, Hamel, MN 55340
- County
- Hennepin
- Metro Area
- Minneapolis-St. Paul-Bloomington, MN-WI
- 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
- January 1, 1919
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 23
- Domestic deposits
- $185.1M
- Allowance for credit losses
- $970K
- Net charge-offs (YTD)
- $0
- Average total assets
- $197.0M
- Average total loans
- $67.3M
- Average interest-bearing deposits
- $129.3M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 8214
- Fed RSSD
- 1006157
- Website
- www.fsboh.com →
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 of Hamel 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 of Hamel's total assets ranged from $180.6M (Q3 2023) to $208.2M (Q3 2025), 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
$198.3M total assets against $204.9M; $185.8M total liabilities against $194.9M.
$64.1M net loans and leases against $67.2M; $185.1M total deposits against $186.7M.
$108.4M securities against $108.4M; $20.2M cash and balances due against $23.6M.
$2.0M total interest income against $1.9M; $673K total interest expense against $783K.
$1.3M net interest income against $1.1M.
$83K total noninterest income against $74K; $874K total noninterest expense against $819K.
$0 provision for credit losses against $30K.
$370K net income against $321K.
0.75% return on assets against 0.62%; 2.69% net interest margin against 2.24%.
9.52% tier 1 leverage ratio against 8.65%.
Inside the full Farmers State Bank of Hamel terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFarmers State Bank of Hamel rankings
Its closest position to the top of a national ranking is 2,251 of 3,606, for efficiency ratio; its furthest is 3,537 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.56% (Q4 2024) to 0.98% (Q1 2026) and its net interest margin ran from 2.15% (Q4 2024) to 2.69% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.52% | 0.75% | 0.00% | 0.00% | 2.69% |
| Q1 2026 | 9.36% | 0.98% | 0.00% | 0.00% | 2.52% |
| Q4 2025 | 8.90% | 0.64% | 0.00% | 0.00% | 2.42% |
| Q3 2025 | 8.59% | 0.85% | 0.00% | 0.00% | 2.36% |
| Q2 2025 | 8.65% | 0.62% | 0.00% | 0.00% | 2.24% |
| Q1 2025 | 8.62% | 0.87% | 0.00% | 0.00% | 2.22% |
| Q4 2024 | 8.55% | 0.56% | 0.00% | 0.00% | 2.15% |
| Q3 2024 | 8.55% | 0.80% | 0.03% | 0.19% | 2.18% |
Swipe the table sideways to see every column.
Branch Network
View all 2 branches → 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 of Hamel (main office) | Hamel , MN | 55340 | $185.1M |
| Corcoran Detached Facility | Corcoran , MN | 55340 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in MN, rank 143 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $200K approved, $200K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2010 (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 of Hamel
What are Farmers State Bank of Hamel's total assets?
As of the Q2 2026 filing, Farmers State Bank of Hamel reported total assets of $198.3 million in its FFIEC call report.
Where is Farmers State Bank of Hamel headquartered?
It is headquartered in Hamel, MN, United States.
When was Farmers State Bank of Hamel founded?
It was established in 1919, per the FDIC institution directory.
Is Farmers State Bank of Hamel FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #8214). 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 Hamel?
Farmers State Bank of Hamel's primary federal regulator is the FDIC.
How many branches does Farmers State Bank of Hamel operate?
It operates 2 domestic offices, 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 Hamel's Texas Ratio?
Its Texas Ratio is 0.00% 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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