Farmers State Bank is a bank based in Northwood, Iowa, established in 1921, with $221 million in total assets across 8 branches. By Trust Grade it ranks 155th of 226 banks we track in Iowa. Its capital ratio of 9.6% trails most similarly sized banks (40th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 0.89% 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 Iowa peers
How we graded Farmers State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.6% capital ratio)
- Profitable (ROA 0.89%)
- No CFPB complaints on record
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 (8)
- 302 4th Ave, Grafton, IA 50440
- 99 7th St N, Northwood, IA 50459
- 517 S Federal Ave, Mason City, IA 50401
- 2501 4th St Sw, Mason City, IA 50401
- 5 W Ventura St, Ventura, IA 50482
- 202 Main St, Joice, IA 50446
- 345 W 4th St, Saint Ansgar, IA 50472
- 210 1st Ave N, Clear Lake, IA 50428
Are deposits at Farmers State Bank insured?
Yes. Farmers State Bank is an FDIC-insured bank (FDIC certificate #5797). 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 A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (9.6% capital ratio); Profitable (ROA 0.89%).
Is Farmers State Bank FDIC-insured?
Yes. Farmers State Bank is a FDIC-insured bank (FDIC certificate #5797). 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 $221 million in total assets, ranking 155th of 226 banks we track in Iowa. It operates 8 branches.
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.
