Farmers State Bank
Headquartered in Waterloo, IA. Part of Fsb Financial Services, Inc. FDIC certificate #12855 · Federal Reserve RSSD 840747.
Total assets
$1.6B
Deposits
$1.3B
Q1 2026
Active branches
8
Closings since Jan 2020
3
0 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$5M
Return on assets
1.33%
Return on equity
13.02%
Noncurrent loan rate
0.01%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
12025
Values in $ billions, June 30 of each year.
Closings by year
32020
Other network changes since 2020
- 1 branch relocations
Branches by state
Recent closings
- Farmers State Bank — La Porte City, IAbank exits city508 HWY 218 N · closed September 30, 2020
- Farmers State Bank — Independence, IAbank exits city2002 ENTERPRISE CT · closed September 30, 2020
- 1710 1ST STREET, SUITE A · closed August 21, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.fsb1879.com.