United Farmers State Bank
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Data as of · sourced from FFIEC call reports. How we update
United Farmers State Bank is an FDIC-insured commercial bank headquartered in Adams, MN, established in 1914 (FDIC certificate 8821), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $233.8M, up 3.9% from Q2 2025, the 105th largest of 221 banks headquartered in Minnesota. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.33% 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
- 8821
- Headquarters
- Adams, MN
- Established
- 1914
- Total assets, Q2 2026
- $233.8M
- Assets vs Q2 2025
- +3.9%
- Tier 1 leverage ratio, Q2 2026
- 10.33%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 091211905
- Latest call report
- Q2 2026, FFIEC 051 · United Farmers State Bank call report
- Holding company
- ADAMS BANCSHARES, INC.
- Asset rank in state
- 105th of 221 in Minnesota
Problem loans are rising at United Farmers State Bank. The Adams, Minnesota bank had $234 million in assets at June 30, 2026, up 3.9% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.33% of loans from 0.00% a year earlier. It returns 20.8% a year on shareholders' equity, higher than about three-quarters of the 2,627 banks with $100 million to $1 billion in assets (median 12.6%). It also spends about 46 cents to bring in each dollar of revenue, lower than about three-quarters of banks its size (median 61 cents).
Net income for the quarter rose 15% from a year earlier, to $1.2 million. Funding is the softer spot: it pays an average of 2.21% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, United Farmers State Bank reported a return on assets of 1.98%, a nonperforming-loan ratio of 0.33% and a Texas ratio of 3.67%. The figures come from its call report filed with the FFIEC.
United Farmers State Bank ranks as the 105th largest of the 221 banks based in Minnesota, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 0.1% to $233.8M, loans fell 3.1% and deposits fell 0.9%. Farmland and other real estate loans made up 36.8% of its total loans on June 30, 2026, its largest category; next came agricultural production loans at 31.1%. Its 3 offices in the FDIC Summary of Deposits are in Adams, MN, Dexter, MN and Rose Creek, MN; its Adams office books 52% of its branch deposits. Judged on its Q2 2026 call report, United Farmers State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 15 Sw 4th St, Adams, MN 55909
- County
- Mower
- Metro Area
- Austin, MN
- 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, 1914
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 23
- Domestic deposits
- $181.6M
- Allowance for credit losses
- $2.5M
- Net charge-offs (YTD)
- -$2K
- Average total assets
- $236.8M
- Average total loans
- $208.8M
- Average interest-bearing deposits
- $146.8M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 8821
- Fed RSSD
- 328656
- Website
- www.unitedfsb.com →
- Parent Holding Company
- ADAMS BANCSHARES, INC. (RSSD 1126738)
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, United Farmers State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, United Farmers State Bank's total assets ran between $184.3M (Q3 2023) and $235.3M (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
$233.8M total assets against $224.9M; $210.9M total liabilities against $204.6M.
$203.3M net loans and leases against $196.9M; $181.6M total deposits against $171.2M.
$11.3M securities against $12.2M; $10.4M cash and balances due against $7.3M.
$3.4M total interest income against $3.1M; $1.2M total interest expense against $1.2M.
$2.2M net interest income against $2.0M.
$125K total noninterest income against $98K; $1.1M total noninterest expense against $938K.
No provision recorded in the last 12 quarters.
$1.2M net income against $1.0M.
1.98% return on assets against 1.82%; 3.88% net interest margin against 3.65%.
10.33% tier 1 leverage ratio against 10.02%.
Inside the full United Farmers State 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.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
United Farmers State Bank rankings
Its closest position to the top of a national ranking is 455 of 3,606, for efficiency ratio; its furthest is 2,780 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.69% (Q4 2024) to 2.26% (Q1 2026) and its net interest margin ran from 3.46% (Q3 2024) to 3.91% (Q1 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.33% | 1.98% | 0.33% | 3.67% | 3.88% |
| Q1 2026 | 10.29% | 2.26% | 0.27% | 2.33% | 3.91% |
| Q4 2025 | 10.06% | 2.14% | 0.14% | 1.18% | 3.72% |
| Q3 2025 | 9.97% | 1.95% | 0.15% | 1.24% | 3.67% |
| Q2 2025 | 10.02% | 1.82% | 0.00% | 0.00% | 3.65% |
| Q1 2025 | 10.09% | 2.05% | 0.00% | 0.00% | 3.60% |
| Q4 2024 | 9.84% | 1.69% | 0.00% | 0.00% | 3.55% |
| Q3 2024 | 10.62% | 1.90% | 0.00% | 0.00% | 3.46% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 |
|---|---|---|---|
| United Farmers State Bank (main office) | Adams , MN | 55909 | $94.3M |
| Dexter Facility | Dexter , MN | 55926 | $55.4M |
| Rose Creek Branch | Rose Creek , MN | 55970 | $31.8M |
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 |
|---|---|---|---|
| January 18, 2014 | Structure Change | Acquired Farmers State Bank of Elkton Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 17, 2014 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 21, 1989 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 20, 1989 | Structure Change | Acquired State Bank of Rose Creek 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 MN, rank 146 of 277 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $100K approved, $100K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2018 (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 United Farmers State Bank
What are United Farmers State Bank's total assets?
As of the Q2 2026 filing, United Farmers State Bank reported total assets of $233.8 million in its FFIEC call report.
Where is United Farmers State Bank headquartered?
It is headquartered in Adams, MN, United States.
When was United Farmers State Bank founded?
It was established in 1914, per the FDIC institution directory.
Is United Farmers State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #8821). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates United Farmers State Bank?
United Farmers State Bank's primary federal regulator is the FDIC.
How many branches does United Farmers State Bank operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is United Farmers State Bank's Texas Ratio?
Its Texas Ratio is 3.67% 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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