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FARMERS STATE BANK OF UNDERWOOD

UNDERWOOD, MN · Supervised by FDIC

Est. 1915FDIC #10,174RSSD: FDIC-10174
Satisfactory

Current rating · Exam: May 2020

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Institution Profile

FDIC BankFind

Address

110 Main St S, UNDERWOOD, MN

County

Otter Tail County

Established

December 1, 1915

Total Assets

$112M(latest call report)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$112M

Total Deposits

$103M

Net Loans

$80M

Net Income

$472K

ROA

1.67%

ROE

21.58%

Risk-Based Capital

12.90%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

May 1, 2020

Exam Type

Small Bank

Regulator

FDIC
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Rating History

CRA / FFIEC

9 previous ratings locked — dating back to 1990

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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