Bank · FDIC insured
Farmers State Bank
A $1.1B bank headquartered in Marion, IA, with 8 branches in Iowa. Best rates: CDs 4.15% and savings 1.50% APY.
Farmers State Bank Carrot Score
86
Carrot Score
Higher than 75% of U.S. banks and credit unions
#4 of 29 in Cedar Rapids, IA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Farmers State Bank
Farmers State Bank is a locally and family-owned bank headquartered in Marion, Iowa, established in 1927 as Alburnett State Bank.
Morris Neighbor purchased the bank in 1968, and the institution later acquired ABC Mortgage in 2010, renaming it FSB Mortgage.
The bank operates branch locations serving Linn and Johnson counties in Iowa.
- Headquarters
- 1240 8th Ave, Marion, IA 52302
- FDIC certificate
- 14209 ↗
Branches
8 branches in Iowa
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Iowa
8 branches
Cedar Rapids area · 7
- Farmers State BankMain office1240 8th Ave, Marion, IA 52302Directions
- Alburnett Branch117 N Main Ave, Alburnett, IA 52202Directions
- Edgewood Road Branch399 Edgewood Rd Nw, Cedar Rapids, IA 52405Directions
- Van Buren Village Branch2755 Edgewood Rd Sw, Cedar Rapids, IA 52404Directions
- Hiawatha Branch175 Center Point Rd, Hiawatha, IA 52233Directions
- Collins Road Square Branch1380 Twixt Town Rd, Marion, IA 52302Directions
- Drive-In Branch1200 9th St, Marion, IA 52302Directions
Iowa City area · 1
- Farmers State Bank Branch1600 N Park Rd, Tiffin, IA 52340Directions
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 | 14.37% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.21% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 2.17% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $95 | $88 | — |
- CapitalLeverage ratio14.37%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.21%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets2.17%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$95Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 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 Farmers State Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.