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This institution is no longer active

Operations ceased on March 20, 1999. CRA examination history below reflects the period it was active.

FARMERS STATE BANK

MERRILL, IA · Supervised by FDIC

Est. 1923FDIC #16,930RSSD: FDIC-16930
Satisfactory

Current rating · Exam: April 1996

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Institution Profile

FDIC BankFind

Address

201 Main Street, MERRILL, IA

County

Plymouth County

Established

December 1, 1923

Total Assets

$24M(latest call report)

Financial Snapshot

As of Q4 1998Call Report / FDIC

Total Assets

$24M

Total Deposits

$19M

Net Loans

$10M

Net Income

$283K

ROA

1.16%

ROE

8.70%

Risk-Based Capital

26.87%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

April 1, 1996

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

2 previous ratings locked — dating back to 1992

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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