Farmers Savings Bank: how it compares with its peers
Against 116 IA banks with half to twice its assets, Farmers Savings Bank's strongest measure in Q2 2026 is assets per employee ($9.8M vs. a $8.5M peer median). Its weakest relative measure is return on assets (0.75% vs. 1.41%).
| Measure | Farmers Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.75% | 1.41% | Bottom third Ahead of 9% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.18% | 3.64% | Bottom third Ahead of 24% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.97% | 54.86% | Bottom third Ahead of 19% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $9.8M | $8.5M | Top third Ahead of 72% of peers |
| Loans to deposits Net loans and leases over total deposits. | 99.00% | 78.90% | Context |
What it means for lending operations
Its efficiency ratio of 63.97% is above the 54.86% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Iowa State Bank Sac City, IA · $213M
- BANK Wapello, IA · $217M
- Farmers Savings Bank & Trust Traer, IA · $213M
- Iowa Trust and Savings Bank Centerville, IA · $211M
- Farmers State Bank Northwood, IA · $221M
- West Iowa Bank West Bend, IA · $222M
Questions about Farmers Savings Bank
How big is Farmers Savings Bank?
Farmers Savings Bank, established in 1916, is headquartered in Fostoria, IA. It reported $215M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is Farmers Savings Bank's return on assets?
0.75% annualized in Q2 2026, against a 1.41% median for 116 IA banks with half to twice its assets, ahead of 9% of them.
What is Farmers Savings Bank's efficiency ratio?
63.97% in Q2 2026: it spent about 64 cents in noninterest expense for each dollar of revenue. The peer median is 54.86%, and lower is better.
Is Farmers Savings Bank growing its loans?
Net loans grew 11.7% over the year to Q2 2026, while deposits grew 8.1%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are IA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Iowa bank ranked.