Farmers & Merchants Bank & Trust (IA)

Overview / Commentary

www.fmbanktrust.bank

319-754-2265

221 Jefferson Street
Burlington, IA 52601

Farmers & Merchants Bank & Trust (IA) is headquartered in Burlington and is the 112^th largest bank in the state of Iowa. It is also the 2,795^th largest bank in the nation. It was established in 1916 and as of December of 2021, it had grown to 54 employees at 4 locations. Farmers & Merchants Bank & Trust (IA) has a B health rating.

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Health

Data as of Q4 2021

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Health Grade Components

Overall
FDIC Certificate #	13737
Year Established	1916
Employees	54
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.38%
Return on Equity - YTD	5.12%
Annual Interest Income	$6.5MM

Assets and Liabilities
Assets	Q4 2021vs Q4 2020	$250.0MM$228.9MM
Loans	Q4 2021vs Q4 2020	$119.1MM$129.4MM
Deposits	Q4 2021vs Q4 2020	$230.3MM$208.3MM
Equity Capital	Q4 2021vs Q4 2020	$18.2MM$19.0MM
Loan Loss Allowance	Q4 2021vs Q4 2020	$1.8MM$2.0MM
Unbacked Noncurrent Loans	Q4 2021vs Q4 2020	$2.2MM$1.6MM
Real Estate Owned	Q4 2021vs Q4 2020	$407.00K$1.2MM

Rates

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

Farmers & Merchants Bank & Trust (IA) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$25	-	F&M Kids Savings Account
0.40%	$50	-	F&M Dream Big Savings Account
0.25%	-	-	Health Savings
0.10%	-	-	IRA Variable Savings
0.10%	$100	-	F&M MYWAY Saving Account

Farmers & Merchants Bank & Trust (IA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
10.47%^*	-	$500	F&M Campus Checking
OTHER TIERS: 0.05% → $500+
5.12%^*	-	$1k	F&M Interest Checking
OTHER TIERS: 0.10% → $1k+
2.02%^*	-	$3k	F&M Young Farmers Checking
OTHER TIERS: 0.10% → $3k+
0.15%	$5k	-	Business F&M Interest Checking
0.10%	$500	-	F&M 50+ Checking

Farmers & Merchants Bank & Trust (IA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.77%	$500	$100k	5 Year CD
0.50%	$500	$100k	4 Year CD
0.37%	$500	$100k	36 month CD
0.32%	$500	$100k	30 Month CD
0.28%	$500	$100k	24 Month CD
0.25%	$500	$100k	18 Month CD
0.21%	$500	$100k	12 Month CD
0.20%	$500	$100k	9 Month CD
0.19%	$500	$100k	6 Month CD
0.14%	$500	$100k	3 Month CD

Locations

Farmers & Merchants Bank & Trust (IA) Locations
West Burlington Branch	101 Broadway Street	West Burlington, IA 52655
Farmers & Merchants Bank & Trust	221 Jefferson Street	Burlington, IA 52601
Drive-In Branch	109 West Mt. Pleasant Street	W. Burlington, IA 52655
Parking Lot Branch	Fourth and Valley Streets	Burlington, IA 52601

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