The Farmers State Bank of Turton
Also written as FSB of Turton
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Data as of · sourced from FFIEC call reports. How we update
The Farmers State Bank of Turton is an FDIC-insured commercial bank headquartered in Turton, SD, supervised by the FDIC, with $41.2M in total assets at Q2 2026, down 0.5% from Q2 2025, the 53rd largest of 56 banks headquartered in South Dakota. It was established in 1915 and holds FDIC certificate 6084. Its CET1 capital ratio was 19.46% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 6084
- Headquarters
- Turton, SD
- Established
- 1915
- Total assets, Q2 2026
- $41.2M
- Assets vs Q2 2025
- -0.5%
- CET1 ratio, Q2 2026
- 19.46%
- Domestic offices
- 1 · The Farmers State Bank of Turton branches FDIC institution directory, current count
- Routing number
- 091407133
- Safety and soundness
- Is The Farmers State Bank of Turton safe?
- Latest call report
- Q2 2026, FFIEC 051 · The Farmers State Bank of Turton Q3 2026 call report, filed October 28, 2026 (preliminary)
- Asset rank in state
- 53rd of 56 in South Dakota
Problem loans are rising at The Farmers State Bank of Turton. Its balance sheet stood at $41 million at June 30, 2026; it is based in Turton, South Dakota. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 2.20% of loans from 0.40% a year earlier. It grew its loan book 17.5% over the year, 6.7 times the median of 2.6% for the 533 banks with less than $100 million in assets. It also carries problem assets equal to 10.7% of the capital and reserves that would absorb them, 5.5 times the median of 1.9% for banks its size.
Earnings jumped: net income for the quarter was $60,000, 114% above the same quarter a year earlier. Over the same year, loans grew 17.5% and deposits grew 0.1%. Costs are the weak spot: it spends about 83 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 69 cents).
As of June 30, 2026, The Farmers State Bank of Turton reported a CET1 capital ratio of 19.46%, a return on assets of 0.60%, a nonperforming-loan ratio of 2.20% and a Texas ratio of 10.68%. The figures come from its call report filed with the FFIEC.
The Farmers State Bank of Turton ranks as the 53rd largest of the 56 banks based in South Dakota, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 2.5% to $41.2M, loans rose 11.6% and deposits fell 0.8%. Its loan book on June 30, 2026 was led by agricultural production loans, at 56.3% of total loans, followed by farmland and other real estate loans at 31.0%. Its one office in the FDIC Summary of Deposits is in Turton, SD. On its Q2 2026 call report, The Farmers State Bank of Turton meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 123 E Center St, Turton, SD 57477
- County
- Spink
- 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
- August 13, 1915
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 5
- Domestic deposits
- $34.9M
- Allowance for credit losses
- $233K
- Net charge-offs (YTD)
- $0
- Average total assets
- $40.3M
- Average total loans
- $19.9M
- Average interest-bearing deposits
- $37.5M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 6084
- Fed RSSD
- 496957
- Website
- www.fsbturtonsd.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, The Farmers State Bank of Turton's total assets ranged from $35.6M (Q1 2024) to $41.4M (Q2 2025), and it earned a profit in 7 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$41.2M total assets against $41.4M; $37.0M total liabilities against $37.5M.
$21.4M net loans and leases against $18.2M; $34.9M total deposits against $34.8M.
$11.1M securities against $14.4M; $7.1M cash and balances due against $6.8M.
$528K total interest income against $517K; $172K total interest expense against $201K.
$356K net interest income against $316K.
$15K total noninterest income against $6K; $309K total noninterest expense against $292K.
No provision recorded in the last 12 quarters.
$60K net income against $28K.
0.60% return on assets against 0.27%; 3.77% net interest margin against 3.19%.
19.46% CET1 capital ratio against 22.62%; 10.93% tier 1 leverage ratio against 10.03%.
Inside the full The Farmers State Bank of Turton terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.14% (Q1 2026) to 1.79% (Q3 2025) and its net interest margin ran from 2.90% (Q3 2024) to 3.77% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 19.46% | 0.60% | 2.20% | 10.68% | 3.77% |
| Q1 2026 | 19.78% | -0.14% | 2.51% | 11.04% | 3.45% |
| Q4 2025 | 24.00% | 0.37% | 2.73% | 11.38% | 3.20% |
| Q3 2025 | 24.69% | 1.79% | 1.50% | 6.30% | 3.68% |
| Q2 2025 | 22.62% | 0.27% | 0.40% | 1.75% | 3.19% |
| Q1 2025 | 23.29% | 0.80% | 0.00% | 0.00% | 3.27% |
| Q4 2024 | 21.42% | 0.56% | 0.00% | 0.00% | 3.28% |
| Q3 2024 | 21.24% | 0.24% | 0.00% | 0.00% | 2.90% |
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 of Turton | Turton , SD | 57477 | $34.9M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in SD, rank 70 of 82 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, 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 The Farmers State Bank of Turton
What are The Farmers State Bank of Turton's total assets?
As of the Q2 2026 filing, The Farmers State Bank of Turton reported total assets of $41.2 million in its FFIEC call report.
Where is The Farmers State Bank of Turton headquartered?
It is headquartered in Turton, SD, United States.
When was The Farmers State Bank of Turton founded?
It was established in 1915, per the FDIC institution directory.
Is The Farmers State Bank of Turton FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #6084). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Farmers State Bank of Turton?
The Farmers State Bank of Turton's primary federal regulator is the FDIC.
What is The Farmers State Bank of Turton's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 19.46% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does The Farmers State Bank of Turton 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 The Farmers State Bank of Turton's Texas Ratio?
Its Texas Ratio is 10.68% 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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