United Farmers State Bank
Adams, Minnesota · FDIC Cert #8821
This is the FDIC profile for United Farmers State Bank, an FDIC-insured bank (Certificate #8821) with $206M in total assets and $165M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Adams, Minnesota, the bank maintains a Tier 1 capital ratio of 10.52% (Well-Capitalized) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of B (66/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
United Farmers State Bank (FDIC cert 8821) is a community bank — $206M in total assets, $165M in deposits, serving the Adams, Minnesota 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 10.52% 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 0.00% 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 thin: 8.4% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is strong: return on assets of 1.89% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. United Farmers State Bank carries a composite BankHealth grade of B (66/100) 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: United Farmers State Bank
- Total Assets
- $206M
- Total Deposits
- $165M
- Tier 1 Capital Ratio
- 10.52%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 8.36%
- Return on Assets
- 1.89%
- Headquarters
- Adams, Minnesota
- FDIC Certificate
- #8821
- Health Grade
- B (66/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
United Farmers State Bank files quarterly Call Reports with the FDIC under Certificate #8821. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, United Farmers State Bank holds a Tier 1 capital ratio of 10.52%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning United Farmers State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
United Farmers State Bank shows strong financial health indicators. With $206M in assets and a Health Score of 66/100, 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 United Farmers State Bank Compares
United Farmers State Bank’s Health Score of 66 is 14 points below the Minnesota state average of 80 across 225 FDIC-insured banks. Its 10.52% Tier 1 capital ratio is 3.5 points below the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.89% is in line with or above the national ROA benchmark of ~1.1%. Among 1525 similarly-sized banks, the average Health Score is 81, meaning this bank ranks below its size cohort. Site-wide, United Farmers State Bank is 14 points below the portfolio average of 80.
Frequently Asked Questions
United Farmers State Bank has a Bank Health Score of B (66/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 10.52%, 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. United Farmers State Bank's Tier 1 capital ratio of 10.52% and nonperforming loan ratio of 0.00% 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 United Farmers State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #8821). 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.
United Farmers State Bank holds $206M in total assets and $165M in total deposits. It is headquartered in Adams, Minnesota (FDIC Certificate #8821).
United Farmers State Bank's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #8821 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
United Farmers State Bank has a Tier 1 capital ratio of 10.52%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 1.89%.
Yes. United Farmers State Bank is FDIC-insured (Certificate #8821). 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%).
United Farmers State Bank'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.