Farmers State Bank, Inc.
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Good (5.0) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.3 and a capital leverage ratio of 11.8. A current level of 7.5 percent of nonperforming loans to core capital combined with 18.4 percent from a year earlier contributes to the Good asset quality (5.9).
Asset Mix:
Securities (44%), home mtgs (15%), comm re (8%), consumer loans (6%), cash (5%), comm loans (5%), home eq lns (2%), other (15%)
States with Branches:
KY
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Middlefork Financial Group Inc.
Investment Rating
--
Address
21 KY 11 South
Booneville, KY 41314
Booneville, KY 41314
Phone Number
(606) 593-5151
Year Founded
1931
FDIC Number
Largest Affiliates
Hyden, KY
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Bank
Campton, KY
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Bank