Farmers Bank Frankfort In
Frankfort, Indiana · FDIC Cert #12828
Farmers Bank Frankfort In is an FDIC-insured bank (Certificate #12828) with $986M in total assets and $764M in total deposits as of the Q2 2024 Call Report. Headquartered in Frankfort, Indiana, the bank maintains a Tier 1 capital ratio of 11.39% (Well-Capitalized) and a nonperforming loan ratio of 0.32%. BankHealthData assigns a composite Health Grade of B (74/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Farmers Bank Frankfort In (FDIC cert 12828) is a community bank — $986M in total assets, $764M in deposits, serving the Frankfort, Indiana area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 11.39% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.32% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 22.5% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.26% 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 declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Farmers Bank Frankfort In carries a composite BankHealth grade of B (74/100) 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: Farmers Bank Frankfort In
- Total Assets
- $986M
- Total Deposits
- $764M
- Tier 1 Capital Ratio
- 11.39%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.32%
- Liquidity Ratio
- 22.55%
- Return on Assets
- 0.26%
- Headquarters
- Frankfort, Indiana
- FDIC Certificate
- #12828
- Health Grade
- B (74/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Farmers Bank Frankfort In holds a Tier 1 capital ratio of 11.39%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Farmers Bank Frankfort In has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Farmers Bank Frankfort In shows strong financial health indicators. With $986M in assets and a Health Score of 74/100, 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 Farmers Bank Frankfort In Compares
Farmers Bank Frankfort In’s Health Score of 74 is 4 points above the Indiana state average of 70 across 73 FDIC-insured banks. Its 11.39% Tier 1 capital ratio is 2.6 points below the US banking industry average near 14%. The 0.32% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.26% is below the national ROA benchmark of ~1.1%. Among 1044 similarly-sized banks, the average Health Score is 71, meaning this bank ranks above its size cohort. Site-wide, Farmers Bank Frankfort In is 4 points above the portfolio average of 70.
Frequently Asked Questions
Farmers Bank Frankfort In has a Bank Health Score of B (74/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 11.39%, 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. Farmers Bank Frankfort In's Tier 1 capital ratio of 11.39% and nonperforming loan ratio of 0.32% 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 Farmers Bank Frankfort In is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #12828). 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.
Farmers Bank Frankfort In holds $986M in total assets and $764M in total deposits. It is headquartered in Frankfort, Indiana (FDIC Certificate #12828).
Farmers Bank Frankfort In has a Tier 1 capital ratio of 11.39%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.32%, and the return on assets is 0.26%.
Yes. Farmers Bank Frankfort In is FDIC-insured (Certificate #12828). 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%).
Farmers Bank Frankfort In'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.