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United Farmers State Bank, Financial Information

About United Farmers State Bank

 Address:
15 4th Street Sw
Adams, MN
Mower County, Minnesota
 Established:
Jan 1914
 Number of domestic offices:
3
Agriculture bank
Total assets$167M
Net income$3M
Net income, quarterly$1M
Total deposits$137M
Domestic deposits$137M
Equity capital$19M
ROA2.13%
ROAQ, quarterly1.69%
ROA, pretax1.69%
ROAQ, quarterly, pretax1.69%
ROE17.97%
ROEQ, quarterly14.32%
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.

The Farmers State Bank of Adams was incorporated and chartered on December 14, 1914 and through the years has grown to be 75 million in assets. The strength of its growth is due to the excellent farming community which surrounds the Adams and Rose Creek communities.

The Farmers State Bank of Adams is a locally owned, full service community bank with friendly and knowledgeable staff. The Farmers State Agency located in the bank offers a full line of insurance products.

Adams Branch
15 4th Street SW
Adams, MN 55909
Phone: 507-582-3448
Fax: 507-582-3242

Rose Creek Branch
61255 170th Street,
Rose Creek, MN 55970
Phone: 507-437-4678
Fax: 507-433-3344

Historical Data