Bank · FDIC insured
Bank of Farmington
A $240.1M bank headquartered in Farmington, IL, with 5 branches in Illinois. Best rates: CDs 4.00% and savings 0.90% APY.
Bank of Farmington Carrot Score
79
Carrot Score
Higher than 49% of U.S. banks and credit unions
#5 of 27 in Peoria, IL metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Bank of Farmington
Chartered in January 1903 and operating since 1903, Bank of Farmington is locally owned, with descendants of its original investors holding the majority of the stock.
The bank operates five branches across central Illinois, serving Farmington, Canton, Williamsfield, Peoria, and West Peoria, and specializes in agricultural lending.
- Headquarters
- 16 N Main St, Farmington, IL 61531
- FDIC certificate
- 11732 ↗
Branches
5 branches in Illinois
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Illinois
5 branches
Canton area · 2
- Bank of FarmingtonMain office16 N Main St, Farmington, IL 61531Directions
- Bank Of Farmington At Canton Branch2115 N Main St, Canton, IL 61520Directions
Peoria area · 2
- Bank Of Farmington Branch7810 N. Route 91, Peoria, IL 61615Directions
- West Peoria Branch2506 W Rohmann Ave, West Peoria, IL 61604Directions
Galesburg area · 1
- Williamsfield Br206 Lions Dr, Williamsfield, IL 61489Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.96% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.20% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.44% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $78 | $81 | — |
- CapitalLeverage ratio10.96%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.20%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.44%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$78Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Bank of Farmington are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.