The Farmers State Bank of Oakley, Kansas is a community-focused commercial bank established on March 17, 1907, in Oakley, Kansas. It operates as a state-chartered bank and is not a member of the Federal Reserve System, but it is supervised by the Federal Deposit Insurance Corporation (FDIC)[1][2]. The bank has a strong commitment to providing high-quality financial services to its community, aiming to promote economic growth and stability while maintaining profitability[2]. ### Key Features: - Establishment Date: March 17, 1907[1][2]. - Location: Oakley, Kansas, with a single domestic office[1]. - Assets and Liabilities: Total assets of approximately $282.3 million and total liabilities of about $248.1 million as of recent data[1]. - FDIC Insurance: Deposits are insured by the FDIC, ensuring customer security[1][2]. - Mission: Focuses on community banking, emphasizing honesty, integrity, professionalism, and confidentiality[2]. ### Financial Performance: - Total Deposits: Approximately $191.4 million[1]. - Net Loans and Leases: Around $198.1 million[1]. - Return on Assets (ROA): 1.33%[1]. - Tier 1 Risk-Based Capital Ratio: 13.08%, indicating strong capital adequacy[1]. ### History and Operations: - The bank has undergone several changes in leadership and ownership over the years, with significant milestones including the purchase by Security Bancshares, Inc. in 1989[2]. - It has expanded its facilities multiple times, most recently remodeling its interior in 2016 to enhance customer service[2].