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FARMERS STATE BANK OF HOFFMAN

Hoffman, MN

Latest Health Report

Latest Update: June 30, 2022

Assets
$34,284,000
Deposits
$31,832,000
Loans
$12,841,000
Loan Loss Provision
$ 0
Profit
$77,000
Capital
$4,012,000
Reserves
$200,000
Past Due 90 Days
$ 10,000
Nonaccrual
$0
Other Real Estate Owned
$0
Capital Plus Reserves
$ 4,212,000
Total Troubled Assets
$ 10,000
Troubled Asset Ratio
0.24

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2021 $35,276,000 $30,253,000 $14,705,000 $225,000 $ 4,134,000 $ 0 0
2020 $33,248,000 $27,423,000 $15,719,000 $316,000 $ 4,178,000 $ 0 0
2019 $30,974,000 $26,369,000 $15,085,000 $262,000 $ 4,113,000 $ 0 0
2018 $29,897,000 $24,197,000 $15,505,000 $347,000 $ 4,180,000 $ 0 0
2016 $30,612,000 $25,133,000 $15,866,000 $388,000 $ 4,052,000 $ 149,000 3.68