Farmers Trust and Savings Bank (Spencer, IA)
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Data as of · sourced from FFIEC call reports. How we update
Farmers Trust and Savings Bank is an FDIC-insured commercial bank headquartered in Spencer, IA, established in 1916 (FDIC certificate 12858), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $618.0M, up 2.7% from Q2 2025, the 47th largest of 225 banks headquartered in Iowa. Its CET1 capital ratio was 11.07% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 12858
- Headquarters
- Spencer, IA
- Established
- 1916
- Total assets, Q2 2026
- $618.0M
- Assets vs Q2 2025
- +2.7%
- CET1 ratio, Q2 2026
- 11.07%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 073918857
- Latest call report
- Q2 2026, FFIEC 051 · Farmers Trust and Savings Bank Q3 2026 call report, filed October 16, 2026 (preliminary)
- Holding company
- EASTER ENTERPRISES, INC.
- Asset rank in state
- 47th of 225 in Iowa
Problem loans are rising at Farmers Trust and Savings Bank. Based in Spencer, Iowa, it had $618 million in assets at June 30, 2026, up 2.7% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.45% of loans from 0.85% a year earlier. It keeps 2.94 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). It also holds common equity equal to 11.07% of its risk-weighted assets, lower than about 9 in 10 banks its size (median 15.12%).
The commercial and industrial book ($71 million) is worsening: 2.16% of it is past due or on nonaccrual, up from 0.08% a year earlier. Deposits are coming in faster than loans: over the year loans rose 1.6% and deposits rose 7.0%. Concentration is the risk to watch: it holds commercial real estate loans worth 3.8 times its capital, about triple the median of 1.2 times for banks its size.
As of June 30, 2026, Farmers Trust and Savings Bank reported a CET1 capital ratio of 11.07%, a return on assets of 1.36%, a nonperforming-loan ratio of 1.45% and a Texas ratio of 12.95%. The figures come from its call report filed with the FFIEC.
Of the 225 banks headquartered in Iowa, Farmers Trust and Savings Bank is the 47th largest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 3.2% to $618.0M, loans rose 2.0% and deposits fell 3.9%. The largest part of its loan book on June 30, 2026 was multifamily loans, at 20.9% of total loans, ahead of construction and land development loans at 17.0%. Its one office in the FDIC Summary of Deposits is in Spencer, IA. By the capital ratios in its Q2 2026 call report, Farmers Trust and Savings Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 125 W 4th St, Spencer, IA 51301
- County
- Clay
- Metro Area
- Spencer, IA
- 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
- Trust powers grandfathered
- Call Report form
- FFIEC 051
- Established
- April 7, 1916
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 43
- Domestic deposits
- $557.3M
- Allowance for credit losses
- $5.9M
- Net charge-offs (YTD)
- -$168K
- Average total assets
- $633.5M
- Average total loans
- $499.9M
- Average interest-bearing deposits
- $546.1M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 12858
- Fed RSSD
- 543945
- Website
- www.farmerstrust.bank →
- Parent Holding Company
- EASTER ENTERPRISES, INC. (RSSD 1200777)
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
Over the 12 quarters to Q2 2026, Farmers Trust and Savings Bank's total assets ran between $579.6M (Q3 2023) and $638.3M (Q1 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
$618.0M total assets against $601.6M; $560.8M total liabilities against $549.5M.
$501.6M net loans and leases against $493.2M; $557.3M total deposits against $520.7M.
$94.1M securities against $81.2M; $11.5M cash and balances due against $17.4M.
$8.4M total interest income against $8.2M; $3.8M total interest expense against $4.2M.
$4.5M net interest income against $4.0M.
$233K total noninterest income against $392K; $2.5M total noninterest expense against $2.5M.
$15K provision for credit losses against $3K.
$2.2M net income against $1.8M.
1.36% return on assets against 1.17%; 2.94% net interest margin against 2.67%.
11.07% CET1 capital ratio against 10.80%; 9.53% tier 1 leverage ratio against 9.29%.
Inside the full Farmers Trust and Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Farmers Trust and Savings Bank rankings
Its closest position to the top of a national ranking is 417 of 3,640, for Texas Ratio; its furthest is 1,939 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.42% (Q3 2024) to 1.36% (Q2 2026) and its net interest margin ran from 2.06% (Q3 2024) to 2.94% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.07% | 1.36% | 1.45% | 12.95% | 2.94% |
| Q1 2026 | 11.26% | 1.07% | 0.77% | 9.41% | 2.81% |
| Q4 2025 | 11.13% | 1.34% | 1.16% | 9.51% | 2.74% |
| Q3 2025 | 10.91% | 0.94% | 0.79% | 6.52% | 2.59% |
| Q2 2025 | 10.80% | 1.17% | 0.85% | 7.32% | 2.67% |
| Q1 2025 | 10.30% | 0.78% | 0.40% | 4.80% | 2.37% |
| Q4 2024 | 9.99% | 1.01% | 0.24% | 3.51% | 2.31% |
| Q3 2024 | 9.85% | 0.42% | 0.22% | 1.98% | 2.06% |
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 Trust and Savings Bank (main office) | Spencer , IA | 51301 | $557.3M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.4% of deposits in IA, rank 49 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 3 loans, $184K approved, $61K average. 100.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2003 (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 Trust and Savings Bank
What are Farmers Trust and Savings Bank's total assets?
As of the Q2 2026 filing, Farmers Trust and Savings Bank reported total assets of $618.0 million in its FFIEC call report.
Where is Farmers Trust and Savings Bank headquartered?
It is headquartered in Spencer, IA, United States.
When was Farmers Trust and Savings Bank founded?
It was established in 1916, per the FDIC institution directory.
Is Farmers Trust and Savings Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #12858). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Farmers Trust and Savings Bank?
Farmers Trust and Savings Bank's primary federal regulator is the FDIC.
What is Farmers Trust and Savings Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.07% in its Q2 2026 call report, above regulatory requirements.
How many branches does Farmers Trust and Savings 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 Trust and Savings Bank's Texas Ratio?
Its Texas Ratio is 12.95% 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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