Bank · FDIC insured
The Farmers State Bank
A $329.6M bank headquartered in New Madison, OH, with 9 branches in 2 states. Best rates: CDs 4.00% and savings 0.15% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: not enough terms or balances published to score. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- CDs—4.00%CD rates →
- Savings660.15%at $10,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About The Farmers State Bank
Founded in 1889 as Farmers Bank, The Farmers State Bank is headquartered in New Madison, Ohio.
The institution obtained a State Banking Charter in 1919 and merged with The Republic Banking Company in 2025.
The bank provides personal and business banking services with a focus on agricultural lending.
- Headquarters
- 101 S Main St, New Madison, OH 45346
- FDIC certificate
- 14991 ↗
Branches
9 branches in 2 states
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Ohio
7 branches
Greenville area · 3
- The Farmers State BankMain office101 S Main St, New Madison, OH 45346Directions
- Greenville Branch1107 Sweitzer St, Greenville, OH 45331Directions
- Wagner Avenue Branch675 Wagner Ave, Greenville, OH 45331Directions
Lewisburg area · 1
- Lewisburg Branch100 N Commerce St, Lewisburg, OH 45338Directions
New Paris area · 1
- New Paris Branch201 S Washington St, New Paris, OH 45347Directions
Tiffin area · 1
- The Republic Banking Company Branch202 Washington St, Republic, OH 44867Directions
Cincinnati area · 1
- Springboro Branch65 W Central Ave, Springboro, OH 45066Directions
Indiana
2 branches
Portland area · 1
- Portland Branch910 N Meridian St, Portland, IN 47371Directions
Winchester area · 1
- Winchester Brance Branch930 E Washington St, Winchester, IN 47394Directions
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 | 10.86% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.28% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.34% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $81 | $81 | — |
- CapitalLeverage ratio10.86%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.28%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.34%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$81Peers’ 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 The 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.