Farmers and Mechanics Federal

Overview / Commentary

www.farmersandmechanicsfederal.com

812-384-4473

225 East Main Street
Bloomfield, IN 47424

Farmers and Mechanics Federal is headquartered in Bloomfield and is the 94^th largest bank in the state of Indiana. It is also the 4,429^th largest bank in the nation. It was established in 1892 and as of September of 2019, it had grown to 14 employees at 2 locations. Farmers and Mechanics Federal's savings rates are 3X the national average, and it has a B+ health rating.

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Health

B+

Data as of Q3 2019

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Farmers and Mechanics Federal has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	28478
Year Established	1892
Employees	14
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.35%
Return on Equity - YTD	2.03%
Annual Interest Income	$1.7MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$74.0MM$73.5MM
Loans	Q3 2019vs Q3 2018	$26.4MM$27.9MM
Deposits	Q3 2019vs Q3 2018	$60.7MM$61.4MM
Equity Capital	Q3 2019vs Q3 2018	$13.2MM$11.9MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$109.00K$109.00K
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$0$10.00K
Real Estate Owned	Q3 2019vs Q3 2018	$85.00K$85.00K

Rates

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Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Farmers and Mechanics Federal Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.51%^*	$250k^*	-	Statement Savings Account
OTHER TIERS: 0.10% → $1 - $1k \| 0.15% → $1k - $5k \| 0.20% → $5k - $25k \| 0.45% → $25k - $100k \| 0.75% → $100k - $250k
1.51%^*	$250k^*	-	E Account
OTHER TIERS: 0.10% → $1 - $1k \| 0.15% → $1k - $5k \| 0.20% → $5k - $25k \| 0.45% → $25k - $100k \| 0.75% → $100k - $250k
0.25%	$1	-	Holiday Club Account
0.20%	$10	-	Passbook Savings Account

Farmers and Mechanics Federal Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.51%^*	$250k^*	-	Super Now Checking Account
OTHER TIERS: 0.10% → $1 - $1k \| 0.15% → $1k - $5k \| 0.20% → $5k - $25k \| 0.45% → $25k - $100k \| 0.75% → $100k - $250k
0.10%	$1	-	Now Checking Account

Farmers and Mechanics Federal CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.17%	$5k	-	10 Year CD Special
1.81%	$500	-	10 Year CD
1.76%	$500	-	6 Year CD
1.76%	$2.5k	-	4 Year CD Special
1.61%	$2.5k	-	30 Month CD Special
1.51%	$10k	-	12 Month CD Special
1.21%	$500	-	4 Year CD
1.10%	$500	-	30 Month CD
1.01%	$2.5k	-	1 Year CD
0.55%	$5k	-	182 Day CD
0.40%	$7.5k	-	91 Day CD

Farmers and Mechanics Federal IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.80%	$100	-	18 Month IRA Certificate Special

Locations

Farmers and Mechanics Federal Locations
Farmers and Mechanics Federal Savings and Loan Ass	225 East Main Street	Bloomfield, IN 47424
3535 W Third St Branch	3535 West Third Street	Bloomington, IN 47404

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