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Farmers State Bank

$100M-$1B Specialty: Agricultural SD FDIC cert 1686

Parkston, SD

3 branches across SD

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 24 in SD.
  • Deposits +2.5% year over year ($237.4M on the books).
  • Delinquency rate 0.00%.
  • Return on assets 0.89%.
  • Efficiency ratio 66.26% vs a 64.48% peer average.
  • Loan-to-deposit ratio 58.59% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 24 in SD
View $100M-$1B leaderboard (SD) →

Farmers State Bank has 2 strengths but faces 4 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Credit Quality Leader: Top 32.0% in tier
  • + Nonperforming Asset Ratio 0.67% below tier average

Key Concerns

Areas that may need attention

  • - Capital Thin: Bottom 27.8% in tier
  • - ROA 0.43% below tier average
  • - Net Interest Margin 0.61% below tier average
  • - Efficiency Ratio 1.78% above tier average
Get updates when Farmers State Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
Total Assets ? $254.8M
+3.4% YoY -1.6% QoQ
-$131.8M $386.6M
+1.2% YoY
$70.4B
+8.4% YoY
$6.3B
+7.7% YoY
37%
Total Loans ? $139.1M
+7.1% YoY +3.6% QoQ
-$119.2M $258.3M
+1.7% YoY
$31.5B
+10.3% YoY
$3.2B
+9.4% YoY
31%
Total Deposits ? $237.4M
+2.5% YoY -1.9% QoQ
-$89.3M $326.7M
+0.7% YoY
$56.5B
+10.5% YoY
$4.9B
+7.3% YoY
42%
Return on Assets ? 0.89%
+40.3% YoY +8.4% QoQ
-0.43% 1.32%
+10.8% YoY
1.40%
+6.8% YoY
1.30%
+12.1% YoY
28%
Net Interest Margin ? 3.38%
+13.5% YoY +3.3% QoQ
-0.61% 3.99%
+5.0% YoY
4.26%
+1.1% YoY
3.95%
+4.9% YoY
23%
Efficiency Ratio ? 66.26%
-8.7% YoY -4.9% QoQ
+1.78% 64.48%
-3.2% YoY
60.99%
-4.4% YoY
70.05%
+2.5% YoY
39%
Delinquency Rate ? 0.00% -0.92% 0.92%
+15.7% YoY
0.78%
+47.6% YoY
0.98%
+16.3% YoY
Top 0.1% in tier
Loan-to-Deposit Ratio ? 58.59%
+4.6% YoY +5.6% QoQ
-19.36% 77.95%
+1.0% YoY
73.26%
-0.6% YoY
79.03%
+2.3% YoY
84%
Non-Interest-Bearing Deposit Share ? 21.77%
-4.1% YoY -3.7% QoQ
-0.26% 22.03%
-0.6% YoY
23.46%
+3.2% YoY
21.98%
-0.6% YoY
53%
Nonperforming Asset Ratio ? 0.00% -0.67% 0.67%
+16.4% YoY
0.54%
+39.8% YoY
0.69%
+15.8% YoY
Top 0.1% in tier
Tier 1 Capital Ratio ? 9.99%
+1.9% YoY +1.2% QoQ
-5.92% 15.91%
+1.4% YoY
15.80%
+1.0% YoY
17.09%
+0.8% YoY
Bottom 10.6% in tier
Non-Interest Income / Assets ? 0.11%
-2.6% YoY +107.6% QoQ
-0.45% 0.57%
+7.6% YoY
0.54%
-0.1% YoY
0.66%
+5.2% YoY
22%

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
Noninterest-Bearing 21.8%
-0.9pp YoY
-0.8pp QoQ
 -0.4pp 22.1% 23.5% 22.2% 53%
Brokered Deposits n/a n/a 7.9% 8.7% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
C&I 10.7%
-0.6pp YoY
-0.7pp QoQ
 -0.9pp 11.6% 14.1% 12.5% 57%
CRE n/a n/a 39.5% 31.5% 41.4% n/a
1-4 Family 0.7%
+0.5pp YoY
0.0pp QoQ
 -31.9pp 32.6% 14.9% 31.3% 1%
Consumer 5.9%
-1.0pp YoY
0.0pp QoQ
 +1.8pp 4.1% 8.5% 5.0% 82%

Capital

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
CET1 Ratio n/a n/a 18.8% 17.6% 19.7% n/a
Leverage Ratio 10.0%
+0.2pp YoY
+0.1pp QoQ
 -2.2pp 12.2% 11.9% 12.6% 31%
Total Capital Ratio n/a n/a 19.9% 18.8% 20.8% n/a

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
Full-Time Employees 35
+1 (+2.9%) YoY
+1 (+2.9%) QoQ
 -24 58 6,279 482 35%
Assets per Employee ($) $7.3M
+0.5% YoY
-4.4% QoQ
 -$239K $7.5M $8.1M $8.8M 57%
Branch Count 3
0 YoY
0 QoQ
 -2 4 92 18 26%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.3% 0.2% 0.4% n/a
Nonaccrual n/a n/a 0.9% 1.0% 1.0% n/a
Allowance Coverage n/a n/a 24.15x 96.54x 20.23x n/a
Net Charge-off Rate (YTD) -0.0%
0.0pp YoY
0.0pp QoQ
 -0.2pp 0.1% 0.7% 0.2% 22%

Profitability

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
ROE 14.0%
+1.6pp YoY
+0.9pp QoQ
 +1.8pp 12.2% 12.4% 11.6% 62%
Cost of Funds (YTD) 1.8%
-0.3pp YoY
0.0pp QoQ
 0.0pp 1.7% 1.7% 1.7% 55%
Net Income ($, YTD) $1.1M
+45.1% YoY
— QoQ
 -$1.4M $2.6M $418.8M $40.4M 31%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Credit Quality Leader

growth
#212 of 659 • Top 32.0% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature
Delinquency Rate: 0.00%
(Tier: 0.92%, National: 0.98%)
better than tier avg
659 of 659 Community banks match · 920 nationally
→ Stable +1 banks QoQ | QoQ rank improving

Concerns (1)

Capital Thin

risk
#185 of 661 • Bottom 27.8% in tier

Tier 1 capital ratio in the bottom quartile of peers. Capital cushion thin relative to peers - regulator-watching cohort.

Why this signature
Tier 1 Capital Ratio: 9.99%
(Tier: 15.91%, National: 17.09%)
worse than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 2643 peers in $100M-$1B

Top Strengths (3 metrics)

1
Delinquency Rate
credit_quality
Value: 0.00%
Peer Median: 0.92%
#1 of 2633 Top 0.1% in $100M-$1B
1
Nonperforming Asset Ratio
credit_quality
Value: 0.00%
Peer Median: 0.67%
#1 of 2643 Top 0.1% in $100M-$1B
413
Loan-to-Deposit Ratio
liquidity
Value: 58.59%
Peer Median: 77.95%
#413 of 2643 Top 15.6% in $100M-$1B

Top Weaknesses (3 metrics)

2365
Tier 1 Capital Ratio
capital
Value: 9.99%
Peer Median: 15.91%
#2365 of 2643 Bottom 10.6% in $100M-$1B
2051
Non-Interest Income / Assets
revenue_mix
Value: 0.11%
Peer Median: 0.57%
#2051 of 2643 Bottom 22.4% in $100M-$1B
2048
Net Interest Margin
profitability
Value: 3.38%
Peer Median: 3.99%
#2048 of 2643 Bottom 22.6% in $100M-$1B
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