Farmer's Citizens Bank

105 Washington Square
Bucyrus, OH 44820
(419) 562-7040
www.farmerscitizensbank.com

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Farmer's Citizens Bank is headquartered in Bucyrus and is the 58^th largest bank in the state of Ohio. It is also the 1,866^th largest bank in the nation. It was established in 1908 and as of March of 2012, it had grown to 81 employees at 7 locations. Farmer's Citizens Bank's savings rates are 3X the national average, and it boasts a 5-star health rating.

Finding the Best Reward Checking and Savings Account Pair - 1/28/2011

One downside of reward checking accounts is the balance cap. This can be a major issue for someone who has a lot of liquid savings. In today's interest rate environment, liquid savings may be increasi ...

High-Yield Reward Checking Account at Farmers Citizens Bank in Ohio - Local Only - 1/19/2010

Farmers Citizens Bank is offering a high-yield reward checking account called Kasasa Cash. It has the following rates and features if certain monthly requirements are met: 4.01% APY on balances up ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Farmer's Citizens Bank Checking Account Rates

Apy	Min	Max	Product
2.22%	-	$25k	Kasasa Cash
0.25%	-	-	Platinum Checking
0.10%	-	-	Gold Checking

Farmer's Citizens Bank Savings Account Rates

Apy	Min	Max	Product
1.76%	-	$100k	Kasasa Saver
0.25%	$5k	-	Prime Savings
0.10%	$25	-	Statement Savings
0.05%	-	-	Christmas Club

Farmer's Citizens Bank Money Market Rates

	Apy	Min	Max	Product
	0.25%	$50k	-	Prime Money Market

Farmer's Citizens Bank CD Rates

Apy	Min	Max	Product
1.76%	$5k	$100k	60 Months CD
1.00%	$5k	$100k	30 Months CD
0.75%	$500	$100k	24 Months CD
0.70%	$5k	$100k	15 Months CD
0.50%	$500	$100k	12 Months CD
0.40%	$5k	$100k	11 Months CD
0.25%	$2,500	$100k	6 Months CD
0.25%	$5k	$100k	7 Months No Hassle CD
0.15%	$2,500	$100k	3 Months CD
0.05%	$1k	$100k	7 - 31 Days CD

Farmer's Citizens Bank IRA Rates

Apy	Min	Max	Product
1.00%	$100	-	18 Months Fixed IRA
1.00%	$100	-	18 Months Fixed Roth IRA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

The Farmers Citizens Bank
FDIC Certificate #	10267
BankRate Report	View
Year Established	1908
Employees	81
Primary Regulator	FED
Assets and Liabilities
Assets	$354.36 million
Loans	$209.13 million
Deposits	$309.91 million
Equity Capital	$32.19 million
Loan Loss Allowance	$2.72 million
Unbacked Noncurrent Loans	$448,000
Historic Data - March 2011
Assets	$346.92 million
Equity Capital	$29.50 million
Loan Loss Allowance	$2.50 million
Unbacked Noncurrent Loans	$493,000
Profit Margin - Quarterly
Net Interest Margin	3.58%
Return on Assets	0.86%
Return on Equity	9.56%
Interest Income	$3.86 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 Farmer's Citizens Bank had $448,000 in non-current loans and owned real-estate with $34.91 million in equity and loan loss allowances on hand to cover it. This gives Farmer's Citizens Bank a Texas Ratio of 1.28% 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 Farmer's Citizens Bank decreased slightly from 1.54% as of March 31, 2011 to 1.28% as of March 31, 2012, resulting in a positive change of 16.71%.This indicates that the balance sheet and financial strength for Farmer's Citizens Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Farmer's Citizens Bank has increased its total deposits by $7.5 million, resulting in 2.48% 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 Farmer's Citizens 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. Farmer's Citizens Bank has $354.36 million in assets with $34.91 million in equity, resulting in a capitalization level of 9.85%, which is average.