Farmers State Bank
Farmers State Bank received 516 applications in 2025 and made 390 mortgages, in 36 counties across 5 states. The median rate its borrowers got was 6.750% on a median loan of $165,000. Of 506 decisions, 38 were denials — 7.5%, most often for credit history.
| Legal Entity Identifier | 549300ZJODJ0SZUNMX12 |
|---|---|
| Applications received | 516 |
| Mortgages made | 390 |
| Denied | 38 |
| Approved, not taken up | 78 |
| Withdrawn or incomplete | 10 |
| Loans bought from other lenders | 0 |
| Median rate spread over the prime offer rate | 0.2435 points |
| FDIC-insured bank | Yes: Farmers State Bank, 11 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 212 | 6.500% | $215,000 | 2.8% |
| Refinancing | 101 | 7.000% | $135,000 | 11.3% |
| Cash-out refinancing | 7 | Under 10 loans | Under 10 loans | 45.0% |
| Other purposes | 70 | 7.413% | $50,000 | 6.2% |
Where Farmers State Bank lends most
The 36 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| Black Hawk County, IA | 174 | 6.875% | 8.6% |
| Bremer County, IA | 45 | 6.875% | 11.6% |
| Buchanan County, IA | 40 | 6.750% | 11.8% |
| Polk County, IA | 32 | 6.438% | 0.0% |
| Dallas County, IA | 22 | 6.375% | 9.4% |
| Butler County, IA | 16 | 6.625% | 5.3% |
| Story County, IA | 8 | Under 10 loans | 0.0% |
| Linn County, IA | 7 | Under 10 loans | 0.0% |
| Chickasaw County, IA | 6 | Under 10 loans | 0.0% |
| Grundy County, IA | 5 | Under 10 loans | 0.0% |
| Warren County, IA | 5 | Under 10 loans | 0.0% |
| Dubuque County, IA | 3 | Under 10 loans | 0.0% |
| Benton County, IA | 2 | Under 10 loans | 0.0% |
| Delaware County, IA | 2 | Under 10 loans | 0.0% |
| Floyd County, IA | 2 | Under 10 loans | 0.0% |
| Tama County, IA | 2 | Under 10 loans | 0.0% |
| St. Joseph County, IN | 1 | Under 10 loans | 0.0% |
| Cerro Gordo County, IA | 1 | Under 10 loans | 0.0% |
| Dickinson County, IA | 1 | Under 10 loans | 0.0% |
| Fayette County, IA | 1 | Under 10 loans | 0.0% |
| Franklin County, IA | 1 | Under 10 loans | 0.0% |
| Hancock County, IA | 1 | Under 10 loans | 0.0% |
| Jackson County, IA | 1 | Under 10 loans | 0.0% |
| Jasper County, IA | 1 | Under 10 loans | 0.0% |
| Johnson County, IA | 1 | Under 10 loans | 0.0% |
| Madison County, IA | 1 | Under 10 loans | 0.0% |
| Mitchell County, IA | 1 | Under 10 loans | 0.0% |
| Poweshiek County, IA | 1 | Under 10 loans | 0.0% |
| Scott County, IA | 1 | Under 10 loans | 0.0% |
| Wright County, IA | 1 | Under 10 loans | 0.0% |
| Ramsey County, MN | 1 | Under 10 loans | 0.0% |
| St. Louis County, MN | 1 | Under 10 loans | 0.0% |
| Scott County, MN | 1 | Under 10 loans | 0.0% |
| Miller County, MO | 1 | Under 10 loans | 0.0% |
| Vilas County, WI | 1 | Under 10 loans | 0.0% |
| Pottawattamie County, IA | 0 | Under 10 loans | 100.0% |
Get told when this changes
When Farmers State Bank’s figures are published for the next year, or restated.
Double opt-in, one click to unsubscribe. We never sell or share the list, and we are not a lender, a broker or a lead generator: this is a notification about published data, not a sales call. Privacy.
Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.