Farmers & Merchants Savings Bank

Farmers & Merchants Savings Bank is headquartered in Manchester and is the 45^th largest bank in the state of Iowa. It is also the 1,935^th largest bank in the nation. It was established in 1925 and as of March of 2012, it had grown to 59 employees at 6 locations. Farmers & Merchants Savings Bank has a 5-star health rating.

Farmers & Merchants Savings Bank Routing Number: 073903244

Farmers & Merchants Savings Bank Checking Account Rates

Farmers & Merchants Savings Bank Savings Account Rates

Farmers & Merchants Savings Bank Money Market Rates

Data for Q1 2012

Institution Statistics Farmers & Merchants Savings Bank FDIC Certificate # 9298 BankRate Report View Year Established 1925 Employees 59 Primary Regulator FED Assets and Liabilities Assets $339.76 million Loans $262.45 million Deposits $294.10 million Equity Capital $31.98 million Loan Loss Allowance $3.46 million Unbacked Noncurrent Loans $1.77 million Real Estate Owned $783,000 Historic Data - March 2011 Assets $301.00 million Equity Capital $29.54 million Loan Loss Allowance $2.77 million Unbacked Noncurrent Loans $3.30 million Real Estate Owned $2.30 million Profit Margin - Quarterly Net Interest Margin 4.33% Return on Assets 1.93% Return on Equity 20.91% Interest Income $4.25 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 & Merchants Savings Bank had $2.55 million in non-current loans and owned real-estate with $35.44 million in equity and loan loss allowances on hand to cover it. This gives Farmers & Merchants Savings Bank a Texas Ratio of 7.20% 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 & Merchants Savings Bank decreased significantly from 13.76% as of March 31, 2011 to 7.20% as of March 31, 2012, resulting in a positive change of 47.69%.This indicates that the balance sheet and financial strength for Farmers & Merchants Savings Bank has improved significantly in recent periods. Deposit Growth In the past year, Farmers & Merchants Savings Bank has increased its total deposits by $42.35 million, resulting in 16.82% 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 Savings Bank 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 Savings Bank has $339.76 million in assets with $35.44 million in equity, resulting in a capitalization level of 10.43%, which is above average.

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