Farmington State Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 05/10/1929.
With assets of $16.32 Million, it operates 0 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: October 1, 2015
Outstanding
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
October 1, 2015
Outstanding
November 1, 2009
Outstanding
August 1, 2003
Outstanding
January 1, 1998
Outstanding
November 1, 1994
Satisfactory
December 1, 1992
Satisfactory
💰 Financial Strength
Total Assets$16.32 Million
Total Deposits$4.82 Million
Equity Capital$11.40 Million
Net Income$-1,874,000
📈 Performance
ROA-9.94%
ROE-30.85%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📞 Contact & Location
Address103 North First Street Farmington, Washington 99128
📋 Corporate Structure
Established05/10/1929
FDIC Cert6149
Holding CoFbh Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeOctober 4, 2023
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2015
Relocation
Moved HQ to: 103 North First Street, Farmington, WA 99128.