Farmers & Merchants Bank (TN)

Farmers & Merchants Bank (TN) is headquartered in Adamsville and is the 183^rd largest bank in the state of Tennessee. It is also the 6,865^th largest bank in the nation. It was established in 1909 and as of March of 2012, it had grown to 13 employees at 1 location. Farmers & Merchants Bank (TN) has a 4-star health rating.

Data for Q1 2012

Institution Statistics Farmers & Merchants Bank FDIC Certificate # 9188 BankRate Report View Year Established 1909 Employees 13 Primary Regulator FDIC Assets and Liabilities Assets $33.18 million Loans $15.62 million Deposits $27.00 million Equity Capital $3.96 million Loan Loss Allowance $389,000 Unbacked Noncurrent Loans $535,000 Real Estate Owned $155,000 Historic Data - March 2011 Assets $29.69 million Equity Capital $3.78 million Loan Loss Allowance $270,000 Unbacked Noncurrent Loans $639,000 Profit Margin - Quarterly Net Interest Margin 4.54% Return on Assets -0.38% Return on Equity -3.13% Interest Income $382,000

Institution Health Overall Score: 4 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 & Merchants Bank (TN) had $690,000 in non-current loans and owned real-estate with $4.35 million in equity and loan loss allowances on hand to cover it. This gives Farmers & Merchants Bank (TN) a Texas Ratio of 15.87% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Farmers & Merchants Bank (TN) held steady from 15.79% as of March 31, 2011 to 15.87% as of March 31, 2012, resulting in a negative change of 0.53%. This indicates that the balance sheet and financial strength for Farmers & Merchants Bank (TN) has held steady in recent periods. Deposit Growth In the past year, Farmers & Merchants Bank (TN) has increased its total deposits by $3.2 million, resulting in 13.45% 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 & Merchants Bank (TN) has shown is excellent. 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 & Merchants Bank (TN) has $33.18 million in assets with $4.35 million in equity, resulting in a capitalization level of 13.10%, which is excellent.

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