Farmers State Bank & Trust Co.


Farmers State Bank & Trust Co. is an FDIC insured institution headquartered at 129 W Main St, Mount Sterling, IL 62353.
It was founded in 1914 and has approximately $0 billion in assets. Customers can open an account at one of its 4 branches.

Deposit Rates - April 02, 2025

SAVINGS RATES APY MIN
Savings
0.10% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.25% $10,000 Compare
12 Mo CD
0.25% $10,000 Compare
18 Mo CD
0.25% $10,000 Compare
24 Mo CD
0.50% $10,000 Compare
30 Mo CD
0.50% $10,000 Compare
36 Mo CD
0.50% $10,000 Compare
48 Mo CD
0.75% $10,000 Compare
60 Mo CD
0.75% $10,000 Compare
MM RATES APY MIN
Money Market
0.10% $2,500 Compare
Money Market
0.10% $10,000 Compare
Money Market
0.10% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.10% $2,500

Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10458
Date Established 1914
Assets $ 124.83 million
Loans $ 86.88 million
Deposits $ 113.59 million
Capital $ 9.88 million

Summary Balance Sheet as of September 30, 2024

ASSETS
Cash & Balances due from depository institutions $ 8.89 million
Interest-bearing balances $ 6.96 million
Total securities $ 21.56 million
Federal funds sold and reverse repurchase $ 1.41 million
Net loans and leases $ 86.88 million
Loan loss allowance $ 0.82 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.06 million
Goodwill and other intangibles $ 0.06 million
All other assets $ 4.31 million
     Total Assets $ 114.95 million

LIABILITIES
Total deposits $ 113.59 million
      Interest-bearing deposits $ 95.28 million
      Deposits held in domestic offices $ 113.59 million
      % insured (estimated)" 83.02%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.23 millionn
      Total Liabilities $ 114.95 million
      Shareholders’ Equity $ 9.88 million

Summary Income Statement as of September 30, 2024

INCOME AND EXPENSES
Total Interest Income $ 4.66 million
Total Interest Expense $ 1.73 million
Net interest income $ 2.94 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.32 million
Total non interest expense $ 1.82 million
Pre-tax Net Operating Income $ 0.76 million

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Branches

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Farmers State Bank & Trust Co. Locations