Farmers State Bank of Western Illinois
Farmers State Bank of Western Illinois is an FDIC-insured commercial bank headquartered in Alpha, IL, supervised by the Federal Reserve, with $167.3M in total assets at Q2 2026, up 3.7% from Q2 2025, the 220th largest of 319 banks headquartered in Illinois. It was established in 1910 and holds FDIC certificate 11680. It reports no CET1 ratio; its Tier 1 leverage ratio was 14.08% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
Also written as FSB of Western Illinois
BankRegReports is independent of Farmers State Bank of Western Illinois and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 11680
- Headquarters
- Alpha, IL
- Established
- 1910
- Total assets, Q2 2026
- $167.3M
- Assets vs Q2 2025
- +3.7%
- Tier 1 leverage ratio, Q2 2026
- 14.08%
- Domestic offices
- 6 · Farmers State Bank of Western Illinois branches FDIC institution directory, current count
- Routing number
- 071111339
- Safety and soundness
- Is Farmers State Bank of Western Illinois safe?
- Latest call report
- Q2 2026, FFIEC 051 · Farmers State Bank of Western Illinois Q3 2026 call report, filed October 23, 2026 (preliminary)
- Holding company
- ALPHA BANCO, INC.
- Asset rank in state
- 220th of 319 in Illinois
Problem loans are rising at Farmers State Bank of Western Illinois. Its balance sheet stood at $167 million at June 30, 2026, up 3.7% from a year earlier; it is based in Alpha, Illinois. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.74% of loans from 1.33% a year earlier. It pays an average of 0.98% on its deposits and borrowings, about half the median of 1.80% for the 2,627 banks with $100 million to $1 billion in assets. It also funds 14.08% of its assets with Tier 1 capital, higher than about three-quarters of banks its size (median 10.99%).
Its $10 million commercial and industrial book is improving, with 3.41% past due or on nonaccrual, down from 9.19% a year earlier. Net income for the quarter rose 17% from a year earlier, to $506,000.
As of June 30, 2026, Farmers State Bank of Western Illinois reported a return on assets of 1.23%, a nonperforming-loan ratio of 1.74% and a Texas ratio of 6.19%. The figures come from its call report filed with the FFIEC.
Of the 319 banks headquartered in Illinois, Farmers State Bank of Western Illinois is the 220th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.6% to $167.3M, loans rose 3.1% and deposits rose 1.9%. Its loan book on June 30, 2026 was led by farmland and other real estate loans, at 33.9% of total loans, followed by agricultural production loans at 27.8%. The FDIC Summary of Deposits lists 6 offices for it, in 6 cities in IL; its Viola office books 21% of its branch deposits. Judged on its Q2 2026 call report, Farmers State Bank of Western Illinois meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 124 W D St, Alpha, IL 61413
- County
- Henry
- Metro Area
- Davenport-Moline-Rock Island, IA-IL
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- December 1, 1910
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 32
- Domestic deposits
- $143.4M
- Allowance for credit losses
- $1.6M
- Net charge-offs (YTD)
- $11K
- Average total assets
- $163.9M
- Average total loans
- $74.3M
- Average interest-bearing deposits
- $103.9M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 11680
- Fed RSSD
- 653433
- Website
- http://www.fsbwil.com →
- Parent Holding Company
- ALPHA BANCO, INC. (RSSD 1205192)
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. After a merger that grows assets 25% or more, the UBPR averages balances from the merger date on while the income stays year to date, so a YTD ratio can differ widely from the ratio of either quarter. 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 Western Illinois 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 Western Illinois's total assets ranged from $158.2M (Q2 2024) to $170.7M (Q4 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
$167.3M total assets against $161.4M; $147.9M total liabilities against $144.2M.
$73.2M net loans and leases against $73.4M; $143.4M total deposits against $140.0M.
$58.5M securities against $62.7M; $27.2M cash and balances due against $17.2M.
$1.8M total interest income against $1.8M; $341K total interest expense against $372K.
$1.5M net interest income against $1.4M.
$121K total noninterest income against $112K; $1.1M total noninterest expense against $1.0M.
$30K provision for credit losses against $45K.
$506K net income against $433K.
1.23% return on assets against 1.09%; 3.87% net interest margin against 3.71%.
14.08% tier 1 leverage ratio against 13.94%.
Inside the full Farmers State Bank of Western Illinois terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFarmers State Bank of Western Illinois rankings
Its closest position to the top of a national ranking is 1,095 of 3,640, for Texas Ratio; its furthest is 3,173 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.80% (Q3 2024) to 1.23% (Q2 2026) and its net interest margin ran from 3.35% (Q3 2024) to 3.87% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.08% | 1.23% | 1.74% | 6.19% | 3.87% |
| Q1 2026 | 13.58% | 1.17% | 0.90% | 3.10% | 3.73% |
| Q4 2025 | 13.53% | 1.16% | 1.50% | 5.27% | 3.67% |
| Q3 2025 | 13.82% | 0.97% | 1.55% | 5.68% | 3.61% |
| Q2 2025 | 13.94% | 1.09% | 1.33% | 5.34% | 3.71% |
| Q1 2025 | 13.52% | 0.87% | 1.16% | 4.58% | 3.40% |
| Q4 2024 | 13.18% | 1.15% | 0.78% | 3.28% | 3.40% |
| Q3 2024 | 13.53% | 0.80% | 0.52% | 1.96% | 3.35% |
Swipe the table sideways to see every column.
Branch Network
View all 6 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 |
|---|---|---|---|
| Viola Facility | Viola , IL | 61486 | $30.7M |
| Woodhull Branch | Woodhull , IL | 61490 | $30.4M |
| Farmers State Bank of Western Illinois (main office) | Alpha , IL | 61413 | $27.1M |
| Aledo Branch | Aledo , IL | 61231 | $25.0M |
| Alexis Branch | Alexis , IL | 61412 | $20.3M |
| New Windsor Branch | New Windsor , IL | 61465 | $9.8M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 10, 1992 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 10, 1992 | Structure Change | Acquired The Bank of Alexis Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 14, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 14, 1988 | Structure Change | Acquired Bank of Viola Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IL, rank 258 of 379 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 20 applications, 19 loans originated, $1.3M originated, across 1 states
- Period: Calendar year 2023. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $205K approved, $205K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, 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 of Western Illinois’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Farmers State Bank of Western Illinois
What are Farmers State Bank of Western Illinois's total assets?
As of the Q2 2026 filing, Farmers State Bank of Western Illinois reported total assets of $167.3 million in its FFIEC call report.
Where is Farmers State Bank of Western Illinois headquartered?
It is headquartered in Alpha, IL, United States.
When was Farmers State Bank of Western Illinois founded?
It was established in 1910, per the FDIC institution directory.
Is Farmers State Bank of Western Illinois FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #11680). 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 Western Illinois?
Farmers State Bank of Western Illinois's primary federal regulator is the Federal Reserve.
How many branches does Farmers State Bank of Western Illinois operate?
It operates 6 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 Western Illinois's Texas Ratio?
Its Texas Ratio is 6.19% 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 of Western Illinois.
Get an email when Farmers State Bank of Western Illinois files its next call report, and benchmark it against any peer you choose.
Unlock Farmers State Bank of Western Illinois, freeFree account