What is Farmers State Bank's financial health grade?

Farmers State Bank has a TFS Financial Health Grade of C- (score: 71.5/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does Farmers State Bank have?

Farmers State Bank has 6 branch locations across the United States.

Is Farmers State Bank FDIC insured?

Yes, Farmers State Bank is FDIC insured (Certificate #8647).

What are the total assets of Farmers State Bank?

Farmers State Bank has total assets of $190.7M as reported in its most recent FDIC filing.

Farmers State Bank

BankWest Salem, Ohio

www.farmersstate-oh.com

Total Assets

$190.7M

Total Deposits

$172.5M

Branches

Established

1915

TFS Health Grade

C-

71.5 / 100

Average financial health

How we grade

Farmers State Bank is a bank headquartered in West Salem, Ohio, established in 1915. With $190.7M in total assets and 6 branch locations, it has a TFS Financial Health Grade of C- (71.5/100).

Capital & Safety

Tier 1 Capital Ratio

8.82%(8%)

Total Capital Ratio

14.05%(10%)

Non-Performing Loan Ratio

0.10%

Profitability

Return on Assets (ROA)

0.81%(1%)

Return on Equity (ROE)

12.97%(10%)

Net Interest Margin

4.34%

Efficiency Ratio

74.70%(60%)

Lending & Liquidity

Total Loans

$123.5M

Loan-to-Deposit Ratio

70.79%

Net Charge-Off Ratio

0.00%

Growth

Asset Growth (YoY)

+2.03%

Deposit Growth (YoY)

+0.87%

Net Income

$1.5M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Branch	Address	City	State	Type
Farmers State BankHQ	11 S Main St	West Salem	OH	11
Farmers State Bank	2017 S Baney Rd	Ashland	OH	23
Farmers State Bank	1690 E Main St	Ashland	OH	11
Farmers State Bank	10 N Main St	Marshallville	OH	11
Farmers State Bank	205 N Main St	Rittman	OH	11
Farmers State Bank	235 W Liberty St	Wooster	OH	11

Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.