FARMERS STATE BANK OF CANTON
CANTON, SOUTH DAKOTA · FDIC Cert #11133
Capital & Safety Analysis
According to FDIC financial data, FARMERS STATE BANK OF CANTON holds a Tier 1 capital ratio of 16.19%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FARMERS STATE BANK OF CANTON has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FARMERS STATE BANK OF CANTON shows strong financial health indicators. With $63M in assets and a Health Score of 83/100, 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.
Frequently Asked Questions
FARMERS STATE BANK OF CANTON has a Bank Health Score of A (83/100). It holds a Tier 1 capital ratio of 16.19%, 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.
FARMERS STATE BANK OF CANTON holds $63M in total assets and $56M in total deposits. It is located in CANTON, SOUTH DAKOTA (FDIC Certificate #11133).
FARMERS STATE BANK OF CANTON has a Tier 1 capital ratio of 16.19%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.07%, and the return on assets is 0.27%.
Yes. FARMERS STATE BANK OF CANTON is FDIC-insured (Certificate #11133). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.