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Farmers State Bank of Underwood, Financial Information

About Farmers State Bank of Underwood

 Address:
110 Main St
Underwood, MN
Otter Tail County, Minnesota
 Established:
Dec 1915
 Number of domestic offices:
4
Agriculture bank
Total assets$85M
Net income$1M
Net income, quarterly$0M
Total deposits$74M
Domestic deposits$74M
Equity capital$7M
ROA1.15%
ROAQ, quarterly0.95%
ROA, pretax0.95%
ROAQ, quarterly, pretax0.95%
ROE12.84%
ROEQ, quarterly11.14%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Farmers State Bank of Underwood is locally owned, independent community bank. The bank have three locations to better serve its customers. The main office is located in Underwood MN, and two branches is located in Dalton and Rothsay, MN.

Farmers State Bank of Underwoodoffer offers a wide variety of checking accounts and savings plans to personally suit each of your needs. As a locally owned bank, the banks products and services are designed for the customers within a local community. In addition to the wide range of deposit accounts, the bank also offers many different financing programs.

Underwood
110 Main St
P.O. Box 247
Underwood, MN 56586
(218) 826-6112

Dalton
105 W Main St
P.O. Box 247
Dalton, MN 56324
(218) 589-7712

Rothsay
119 2nd St SW
P.O. Box 247
Rothsay, MN 56579
(218) 867-2182

Historical Data