Farmers State Bank, Inc.
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.8 and a capital leverage ratio of 11.5. A current level of 3.6 percent of nonperforming loans to core capital combined with 13.9 percent from a year earlier contributes to the Good asset quality (6.9).
Other Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.3 has resulted in Good (5.3) profitability. 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).
Asset Mix:
Securities (43%), home mtgs (13%), comm re (6%), consumer loans (5%), cash (5%), comm loans (4%), home eq lns (1%), other (23%)
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