Farmers State Bank is a bank based in Elmwood, Illinois, established in 1864, with $70 million in total assets across 1 branch. By Trust Grade it ranks 325th of 328 banks we track in Illinois. Its capital ratio of 3.1% trails most similarly sized banks (1th percentile), versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 0.57% return on assets. No consumer complaints against Farmers State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Farmers State Bank compares to Illinois peers
How we graded Farmers State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Below the well-capitalized threshold (3.1%)
- Profitable (ROA 0.57%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Farmers State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 104 E Main St, Elmwood, IL 61529
Are deposits at Farmers State Bank insured?
Yes. Farmers State Bank is an FDIC-insured bank (FDIC certificate #12107). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Farmers State Bank: frequently asked questions
Is Farmers State Bank a good bank?
Farmers State Bank earns a Bankzia Trust Grade of F (56/100, "Below average"), based on a financial-strength score of 56/100 (it has no CFPB complaints on record). Below the well-capitalized threshold (3.1%); Profitable (ROA 0.57%).
Is Farmers State Bank FDIC-insured?
Yes. Farmers State Bank is a FDIC-insured bank (FDIC certificate #12107). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Farmers State Bank?
Farmers State Bank holds $70 million in total assets, ranking 325th of 328 banks we track in Illinois. It operates 1 branch.
Does Farmers State Bank have CFPB complaints?
No CFPB complaints against Farmers State Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
