Farmers and Merchants Bank

Farmers and Merchants Bank is headquartered in Piedmont and is the 58^th largest bank in the state of Alabama. It is also the 3,200^th largest bank in the nation. It was established in 1915 and as of March of 2012, it had grown to 50 employees at 4 locations. Farmers and Merchants Bank has a 5-star health rating.

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Data for Q1 2012

Institution Statistics Farmers and Merchants Bank FDIC Certificate # 1735 BankRate Report View Year Established 1915 Employees 50 Primary Regulator FDIC Assets and Liabilities Assets $194.32 million Loans $96.53 million Deposits $162.48 million Equity Capital $23.58 million Loan Loss Allowance $1.91 million Unbacked Noncurrent Loans $1.20 million Real Estate Owned $831,000 Historic Data - March 2011 Assets $189.01 million Equity Capital $21.53 million Loan Loss Allowance $1.65 million Unbacked Noncurrent Loans $522,000 Real Estate Owned $1.68 million Profit Margin - Quarterly Net Interest Margin 4.04% Return on Assets 0.91% Return on Equity 7.66% Interest Income $2.07 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Farmers and Merchants Bank had $2.03 million in non-current loans and owned real-estate with $25.49 million in equity and loan loss allowances on hand to cover it. This gives Farmers and Merchants Bank a Texas Ratio of 7.97% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Farmers and Merchants Bank decreased slightly from 9.50% as of March 31, 2011 to 7.97% as of March 31, 2012, resulting in a positive change of 16.08%.This indicates that the balance sheet and financial strength for Farmers and Merchants Bank has improved slightly in recent periods. Deposit Growth In the past year, Farmers and Merchants Bank has increased its total deposits by $3.26 million, resulting in 2.05% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Farmers and Merchants Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Farmers and Merchants Bank has $194.32 million in assets with $25.49 million in equity, resulting in a capitalization level of 13.12%, which is excellent.

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