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BankSonar

Farmers State Bank

West Salem, OH · State, non-member commercial bank

58

Sonar Score

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out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$188.1M
Total deposits
$169.8M
Branches
6
Return on assets
0.99%
Return on equity
14.57%
Charter type
State, non-member commercial bank
Established
1915
FDIC cert #
8647

How the 58 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Modest but positive returns.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at Farmers State Bank

Farmers State Bank is an FDIC-insured institution (Cert #8647). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

6 branch locations

2017 S Baney Rd

Ashland, OH 44805

1690 E Main St

Ashland, OH 44805

10 N Main St

Marshallville, OH 44645

205 N Main St

Rittman, OH 44270

11 S Main St

West Salem, OH 44287

235 W Liberty St

Wooster, OH 44691

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