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BankHealth

FARMERS STB OF TRIMONT

TRIMONT, MINNESOTA · FDIC Cert #1929

A
Health Score
83/100
$78M
Total Assets
$63M
Total Deposits
22.69%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FARMERS STB OF TRIMONT holds a Tier 1 capital ratio of 22.69%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FARMERS STB OF TRIMONT has a strong buffer to absorb potential losses.

Key Financial Metrics

2.36%
Nonperforming Loans
Moderate — some loan stress
33.13%
Liquidity Ratio
Strong — can meet withdrawal demands
1.21%
Return on Assets
Profitable — earning well on assets
$63M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FARMERS STB OF TRIMONT shows strong financial health indicators. With $78M 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 STB OF TRIMONT has a Bank Health Score of A (83/100). It holds a Tier 1 capital ratio of 22.69%, 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 STB OF TRIMONT holds $78M in total assets and $63M in total deposits. It is located in TRIMONT, MINNESOTA (FDIC Certificate #1929).

FARMERS STB OF TRIMONT has a Tier 1 capital ratio of 22.69%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 2.36%, and the return on assets is 1.21%.

Yes. FARMERS STB OF TRIMONT is FDIC-insured (Certificate #1929). 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.

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