FARMERS STATE BANK OF TURTON
TURTON, SOUTH DAKOTA · FDIC Cert #6084
Capital & Safety Analysis
According to FDIC financial data, FARMERS STATE BANK OF TURTON holds a Tier 1 capital ratio of 21.53%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FARMERS STATE BANK OF TURTON has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FARMERS STATE BANK OF TURTON shows strong financial health indicators. With $38M in assets and a Health Score of 91/100, 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 TURTON has a Bank Health Score of A (91/100). It holds a Tier 1 capital ratio of 21.53%, 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 TURTON holds $38M in total assets and $32M in total deposits. It is located in TURTON, SOUTH DAKOTA (FDIC Certificate #6084).
FARMERS STATE BANK OF TURTON has a Tier 1 capital ratio of 21.53%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is -0.34%.
Yes. FARMERS STATE BANK OF TURTON is FDIC-insured (Certificate #6084). 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.