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BlastPoint's Banking Scorecard

Farmers State Bank of Underwood

Micro Specialty: Commercial MN FDIC cert 10174

Designations: Community bank

Underwood, MN

2498 banks in Micro tier nationally 179 in MN
View Micro leaderboard (MN) →

Farmers State Bank of Underwood shows strong momentum with 2 strengths and 6.9% YoY asset growth

Key Strengths

Areas where this bank excels compared to peers

  • + Delinquency Rate 0.64% below tier
  • + Nonperforming Asset Ratio 0.45% below tier

Key Concerns

Areas that may need attention

No key concerns identified

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Total Assets ? $113.5M
+6.9% YoY +3.1% QoQ
-$104.0M $217.5M
+2.3% YoY
$508.2M
+6.2% YoY
$5.9B
+6.5% YoY
27%
Total Loans ? $85.4M
+11.3% YoY +6.9% QoQ
-$53.7M $139.2M
+2.8% YoY
$283.0M
+6.2% YoY
$3.1B
+8.5% YoY
36%
Total Deposits ? $99.7M
+4.0% YoY -1.1% QoQ
-$83.9M $183.7M
+1.8% YoY
$438.4M
+5.3% YoY
$4.7B
+6.3% YoY
29%
Return on Assets ? 1.49%
+23.7% YoY +10.1% QoQ
+0.41% 1.08%
+14.7% YoY
1.11%
+14.5% YoY
1.12%
+15.6% YoY
75%
Net Interest Margin ? 4.94%
+9.8% YoY +1.4% QoQ
+1.08% 3.85%
+6.6% YoY
3.81%
+8.2% YoY
3.75%
+7.1% YoY
Top 11% in tier
Efficiency Ratio ? 66.28%
-4.8% YoY -1.8% QoQ
-1.45% 67.73%
-4.8% YoY
65.34%
-5.0% YoY
65.09%
-5.1% YoY
50%
Delinquency Rate ? 0.00%
-100.0% YoY
-0.64% 0.64%
+24.4% YoY
0.65%
+17.8% YoY
0.66%
+20.3% YoY
Top 1% in tier
Loan-to-Deposit Ratio ? 85.68%
+7.1% YoY +8.1% QoQ
+11.16% 74.53%
+0.5% YoY
76.97%
-0.8% YoY
78.04%
+0.7% YoY
31%
Non-Interest-Bearing Deposit Share ? 22.46%
+12.3% YoY -2.3% QoQ
+0.07% 22.39%
-1.3% YoY
21.89%
-2.6% YoY
21.79%
-1.3% YoY
54%
Nonperforming Asset Ratio ? 0.00%
-100.0% YoY
-0.45% 0.45%
+25.1% YoY
0.46%
+7.5% YoY
0.48%
+20.8% YoY
Top 1% in tier
Tier 1 Capital Ratio ? 11.43%
-1.1% YoY -0.7% QoQ
+2.58% 8.85%
-3.4% YoY
11.33%
-0.2% YoY
9.75%
-1.9% YoY
56%
Non-Interest Income / Assets ? 0.61%
+87.6% YoY +160.0% QoQ
+0.05% 0.56%
+0.3% YoY
0.50%
+4.9% YoY
0.65%
+0.6% YoY
78%

Signature Analysis

Strengths (2)

Delinquency Rate

metric
Top 1% in Micro
Why this stands out
Current: 0.00%
(Tier avg: 0.64%, National avg: 0.66%)

Nonperforming Asset Ratio

metric
Top 1% in Micro
Why this stands out
Current: 0.00%
(Tier avg: 0.45%, National avg: 0.48%)

Concerns (0)

No concerns identified

Metric Rankings

How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.

Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%

Comparing against 2498 peers in Micro tier

Top Strengths

100
Delinquency Rate
Current: 0.00% · Tier avg: 0.64%
100th pctile
100
Nonperforming Asset Ratio
Current: 0.00% · Tier avg: 0.45%
100th pctile
89
Net Interest Margin
Current: 4.94% · Tier avg: 3.85%
89th pctile
78
Non-Interest Income / Assets
Current: 0.61% · Tier avg: 0.56%
78th pctile
75
Return on Assets
Current: 1.49% · Tier avg: 1.08%
75th pctile
56
Tier 1 Capital Ratio
Current: 11.43% · Tier avg: 8.85%
56th pctile
54
Non-Interest-Bearing Deposit Share
Current: 22.46% · Tier avg: 22.39%
54th pctile
50
Efficiency Ratio
Current: 66.28% · Tier avg: 67.73%
50th pctile
36
Total Loans
Current: $85.4M · Tier avg: $139.2M
36th pctile
31
Loan-to-Deposit Ratio
Current: 85.68% · Tier avg: 74.53%
31th pctile
29
Total Deposits
Current: $99.7M · Tier avg: $183.7M
29th pctile
27
Total Assets
Current: $113.5M · Tier avg: $217.5M
27th pctile

Top Weaknesses

27
Total Assets
Current: $113.5M · Tier avg: $217.5M
27th pctile
29
Total Deposits
Current: $99.7M · Tier avg: $183.7M
29th pctile
31
Loan-to-Deposit Ratio
Current: 85.68% · Tier avg: 74.53%
31th pctile
36
Total Loans
Current: $85.4M · Tier avg: $139.2M
36th pctile
50
Efficiency Ratio
Current: 66.28% · Tier avg: 67.73%
50th pctile
54
Non-Interest-Bearing Deposit Share
Current: 22.46% · Tier avg: 22.39%
54th pctile
56
Tier 1 Capital Ratio
Current: 11.43% · Tier avg: 8.85%
56th pctile
75
Return on Assets
Current: 1.49% · Tier avg: 1.08%
75th pctile
78
Non-Interest Income / Assets
Current: 0.61% · Tier avg: 0.56%
78th pctile
89
Net Interest Margin
Current: 4.94% · Tier avg: 3.85%
89th pctile
100
Nonperforming Asset Ratio
Current: 0.00% · Tier avg: 0.45%
100th pctile
100
Delinquency Rate
Current: 0.00% · Tier avg: 0.64%
100th pctile
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