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Banks · Minnesota

Farmers State Bank Of Hoffman

Hoffman, MN · FDIC Certificate #9354 · Chartered 03/2

Total assets
$36.88M
Total deposits
$32.70M
Total equity
$4.05M
Net loans
$15.42M
Branches (offices)
1
Net income (YTD)
$220.00K
Rank: #4,116 of 4,213 U.S. banks by assets · #214 of 221 in Minnesota. Assets changed -1.2% and deposits -3.3% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.20%
Return on equity11.27%
Net interest margin (YTD)3.59%
Equity to assets10.98%
Tier 1 leverage ratio12.63%
Uninsured deposits (share of deposits)20.2%
Noncurrent loans (share of loans)2.10%
Net charge-offs (share of loans)0.00%
Loans to deposits47.2%
Real estate loans (share of loans)62.7%

Loan mix

CategoryAmountShare
Real estate loans$9.68M
62.7%
Commercial & industrial$876.00K
5.7%
Consumer / individual$1.03M
6.7%
Construction & development$36.00K
0.2%
Agricultural$3.99M
25.9%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$34.28M$31.83M$77.00K$2.41M
Jun 2023$31.84M$29.27M$143.00K$2.49M
Jun 2024$33.22M$30.28M$86.00K$2.77M
Jun 2025$37.35M$33.80M$179.00K$3.39M
Jun 2026$36.88M$32.70M$220.00K$4.05M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Minnesota$32.70M1

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $32.70M.

Similar-sized banks

Pee Dee Federal Savings Bank ($37.05M) · Farmers State Bank ($36.68M)

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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