Bank · FDIC insured
Farmers State Bank of Alto Pass
A $342.4M bank headquartered in Alto Pass, IL, with 5 branches in Illinois. Best rates: CDs 1.10% APY.
Farmers State Bank of Alto Pass Carrot Score
60
Carrot Score
Higher than 2% of U.S. banks and credit unions
#9 of 9 in Marion, IL metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Farmers State Bank of Alto Pass
Founded in January 1910, Farmers State Bank of Alto Pass is located in southern Illinois.
The bank is independently and family-owned, having been acquired by Thomas Franks in 1994.
Today, Farmers State Bank operates four branch locations across southern Illinois.
- Headquarters
- 55 N Elm St, Alto Pass, IL 62905
- FDIC certificate
- 11299 ↗
Branches
5 branches in Illinois
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Illinois
5 branches
Marion area · 3
- Herrin Branch1720 S Park Ave, Herrin, IL 62948Directions
- Marion Branch1106 W Deyoung St, Marion, IL 62959Directions
- Marion Il Branch #22806 Outer Dr, Marion, IL 62959Directions
Alto Pass area · 1
- Farmers State Bank of Alto Pass, Ill.Main office55 N Elm St, Alto Pass, IL 62905Directions
Harrisburg area · 1
- Commercial Street Branch555 S Commercial St, Harrisburg, IL 62946Directions
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 | 9.51% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 2.52% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 2.17% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $95 | $81 | — |
- CapitalLeverage ratio9.51%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent2.52%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets2.17%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$95Peers’ 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 Farmers State Bank of Alto Pass are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.