Bank of Farmington
Farmington, Illinois · FDIC Cert #11732
Bank of Farmington is an FDIC-insured bank (Certificate #11732) with $230M in total assets and $202M in total deposits as of the Q2 2024 Call Report. Headquartered in Farmington, Illinois, the bank maintains a Tier 1 capital ratio of 13.00% (Well-Capitalized) and a nonperforming loan ratio of 0.66%. BankHealthData assigns a composite Health Grade of B (76/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Bank of Farmington (FDIC cert 11732) is a community bank — $230M in total assets, $202M in deposits, serving the Farmington, Illinois area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 13.00% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 0.66% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 22.0% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.44% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Bank of Farmington carries a composite BankHealth grade of B (76/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Bank of Farmington
- Total Assets
- $230M
- Total Deposits
- $202M
- Tier 1 Capital Ratio
- 13.00%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.66%
- Liquidity Ratio
- 21.96%
- Return on Assets
- 0.44%
- Headquarters
- Farmington, Illinois
- FDIC Certificate
- #11732
- Health Grade
- B (76/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Bank of Farmington holds a Tier 1 capital ratio of 13.00%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Bank of Farmington has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Bank of Farmington shows strong financial health indicators. With $230M in assets and a Health Score of 76/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Bank of Farmington Compares
Bank of Farmington’s Health Score of 76 is 4 points above the Illinois state average of 72 across 333 FDIC-insured banks. Its 13.00% Tier 1 capital ratio is 1.0 points below the US banking industry average near 14%. The 0.66% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.44% is below the national ROA benchmark of ~1.1%. Among 1545 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, Bank of Farmington is 6 points above the portfolio average of 70.
Frequently Asked Questions
Bank of Farmington has a Bank Health Score of B (76/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 13.00%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Bank of Farmington's Tier 1 capital ratio of 13.00% and nonperforming loan ratio of 0.66% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Bank of Farmington is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #11732). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Bank of Farmington holds $230M in total assets and $202M in total deposits. It is headquartered in Farmington, Illinois (FDIC Certificate #11732).
Bank of Farmington has a Tier 1 capital ratio of 13.00%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.66%, and the return on assets is 0.44%.
Yes. Bank of Farmington is FDIC-insured (Certificate #11732). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Bank of Farmington's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.