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Farmers State Bank
Lagrange, IN · FDIC Certificate #14578 · Chartered 07/1
Total assets
$1.31B
Total deposits
$1.16B
Total equity
$129.81M
Net loans
$902.10M
Branches (offices)
12
Net income (YTD)
$11.85M
Rank: #839 of 4,213 U.S. banks by assets · #17 of 87 in Indiana. Assets changed 1.2% and deposits -0.1% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.85% |
| Return on equity | 18.63% |
| Net interest margin (YTD) | 4.04% |
| Equity to assets | 9.87% |
| Tier 1 leverage ratio | 10.75% |
| Uninsured deposits (share of deposits) | 44.9% |
| Noncurrent loans (share of loans) | 0.02% |
| Net charge-offs (share of loans) | 0.01% |
| Loans to deposits | 77.7% |
| Real estate loans (share of loans) | 91.7% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $827.02M | 91.7% | |
| Commercial & industrial | $47.82M | 5.3% | |
| Consumer / individual | $17.40M | 1.9% | |
| Construction & development | $42.76M | 4.7% | |
| Agricultural | $16.30M | 1.8% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $1.14B | $1.05B | $7.68M | $81.97M |
| Jun 2023 | $1.14B | $1.02B | $6.89M | $90.11M |
| Jun 2024 | $1.21B | $1.09B | $8.30M | $104.75M |
| Jun 2025 | $1.30B | $1.16B | $9.78M | $115.64M |
| Jun 2026 | $1.31B | $1.16B | $11.85M | $129.81M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Indiana | $1.13B | 11 |
| Michigan | $29.19M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $1.16B.
Similar-sized banks
Piedmont Federal Savings Bank ($1.32B) · Hnb National Bank ($1.31B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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