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BlastPoint's Banking Scorecard

Farmers State Bank

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

Parkston, SD

3 branches across SD

2664 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 34.9% in tier
  • + Nonperforming Asset Ratio 0.64% below tier average

Key Concerns

Areas that may need attention

  • - Capital Thin: Bottom 21.5% in tier
  • - ROA 0.45% below tier average
  • - Net Interest Margin 0.66% below tier average
  • - Efficiency Ratio 4.36% above tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (SD) National Avg Tier Percentile
Total Assets ? $258.9M
+3.0% YoY +3.3% QoQ
-$127.2M $386.1M
+0.5% YoY
$68.7B
+9.0% YoY
$6.2B
+9.1% YoY
39%
Total Loans ? $134.3M
+7.7% YoY -3.2% QoQ
-$121.4M $255.7M
+1.1% YoY
$30.8B
+10.3% YoY
$3.2B
+10.8% YoY
30%
Total Deposits ? $242.1M
+1.7% YoY +3.8% QoQ
-$85.9M $328.0M
+0.1% YoY
$54.8B
+8.5% YoY
$4.8B
+8.2% YoY
43%
Return on Assets ? 0.82%
+62.9% YoY +13.7% QoQ
-0.45% 1.27%
+12.9% YoY
1.41%
+1.8% YoY
1.23%
+13.4% YoY
27%
Net Interest Margin ? 3.27%
+15.7% YoY +4.9% QoQ
-0.66% 3.93%
+6.0% YoY
4.19%
+0.4% YoY
3.89%
+5.7% YoY
21%
Efficiency Ratio ? 69.65%
-7.8% YoY -0.7% QoQ
+4.36% 65.29%
-4.5% YoY
64.00%
-0.6% YoY
66.95%
-4.1% YoY
33%
Delinquency Rate ? 0.00% -0.89% 0.89%
+18.8% YoY
0.59%
+45.1% YoY
0.95%
+18.8% YoY
Top 0.1% in tier
Loan-to-Deposit Ratio ? 55.47%
+5.9% YoY -6.7% QoQ
-21.16% 76.64%
+0.8% YoY
71.70%
+0.3% YoY
76.70%
+0.9% YoY
Top 14.0% in tier
Non-Interest-Bearing Deposit Share ? 22.60%
-0.1% YoY +2.3% QoQ
+0.58% 22.02%
-1.0% YoY
23.74%
-0.7% YoY
22.01%
-1.2% YoY
57%
Nonperforming Asset Ratio ? 0.00% -0.64% 0.64%
+19.7% YoY
0.41%
+39.3% YoY
0.67%
+19.3% YoY
Top 0.1% in tier
Tier 1 Capital Ratio ? 9.87%
+2.0% YoY +1.3% QoQ
-5.96% 15.83%
+1.5% YoY
15.79%
+0.8% YoY
17.06%
+0.8% YoY
Bottom 8.3% in tier
Non-Interest Income / Assets ? 0.05%
+3.8% YoY -78.4% QoQ
-0.23% 0.28%
+9.3% YoY
0.27%
+0.0% YoY
0.32%
+4.1% YoY
22%

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
#233 of 664 • Top 34.9% 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: 0.89%, National: 0.95%)
better than tier avg
664 of 664 Community banks match · 922 nationally
→ Stable +2 banks QoQ | QoQ rank improving

Concerns (1)

Capital Thin

risk
#144 of 666 • Bottom 21.5% 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: 9.87%
(Tier: 15.83%, National: 17.06%)
worse than tier avg
666 of 666 Community banks match · 926 nationally
→ Stable +3 banks QoQ | QoQ rank improving

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 2664 peers in $100M-$1B

Top Strengths (3 metrics)

1
Delinquency Rate
credit_quality
Value: 0.00%
Peer Median: 0.89%
#1 of 2654 Top 0.1% in $100M-$1B
1
Nonperforming Asset Ratio
credit_quality
Value: 0.00%
Peer Median: 0.64%
#1 of 2664 Top 0.1% in $100M-$1B
375
Loan-to-Deposit Ratio
liquidity
Value: 55.47%
Peer Median: 76.64%
#375 of 2664 Top 14.0% in $100M-$1B

Top Weaknesses (3 metrics)

2443
Tier 1 Capital Ratio
capital
Value: 9.87%
Peer Median: 15.83%
#2443 of 2664 Bottom 8.3% in $100M-$1B
2115
Net Interest Margin
profitability
Value: 3.27%
Peer Median: 3.93%
#2115 of 2664 Bottom 20.6% in $100M-$1B
2092
Non-Interest Income / Assets
revenue_mix
Value: 0.05%
Peer Median: 0.28%
#2092 of 2664 Bottom 21.5% in $100M-$1B
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