The Farmers Bank (IA)

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.26%	1-year CD	12 Month CD 2.45% - Goldman Sachs Bank USA High-yield 12 Month CD
0.09%	Savings	Traditional Savings Account 1.75% - American Express National Bank High Yield Savings Account
1.76%	4-year CD	48 Month CD 2.60% - Goldman Sachs Bank USA High-yield 4 Year CD

View all The Farmers Bank (IA) rates »

Overview / Commentary

www.farmerstrust.com

712-262-3340

125 West 4th Street
Spencer, IA 51301

The Farmers Bank (IA) is headquartered in Spencer and is the 43^rd largest bank in the state of Iowa. It is also the 1,636^th largest bank in the nation. It was established in 1916 and as of March of 2018, it had grown to 39 employees at 1 location. The Farmers Bank (IA)'s CD rates are 40% higher than the national average, and it has a B health rating.

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Health

B

Data as of Q1 2018

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Health Grade Components

Overall
FDIC Certificate #	12858
Year Established	1916
Employees	39
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.25%
Return on Equity - YTD	14.49%
Annual Interest Income	$3.9MM

Assets and Liabilities
Assets	Q1 2018vs Q1 2017	$423.4MM$385.2MM
Loans	Q1 2018vs Q1 2017	$318.1MM$291.0MM
Deposits	Q1 2018vs Q1 2017	$373.1MM$334.9MM
Equity Capital	Q1 2018vs Q1 2017	$35.4MM$34.2MM
Loan Loss Allowance	Q1 2018vs Q1 2017	$4.2MM$3.4MM
Unbacked Noncurrent Loans	Q1 2018vs Q1 2017	$1.2MM$849.00K
Real Estate Owned	Q1 2018vs Q1 2017	$0$342.00K

Rates

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

The Farmers Bank (IA) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.45%	$10k	-	Companion Savings Account Special (New CD Funds Only)
0.35%^*	$15k^*	-	Health Savings Account
OTHER TIERS: 0.05% → Up to $1k \| 0.15% → $1k - $15k
0.09%	$100	-	Traditional Savings Account

The Farmers Bank (IA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.55%^*	$250k^*	-	Investor Money Market Account
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $50k \| 0.25% → $50k - $100k \| 0.40% → $100k - $250k

The Farmers Bank (IA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$100k^*	-	Business Interest Checking Account
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $25k \| 0.15% → $25k - $50k \| 0.25% → $50k - $100k
0.50%^*	$100k^*	-	Investor Checking
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $25k \| 0.15% → $25k - $50k \| 0.25% → $50k - $100k
0.50%^*	$100k^*	-	Adventure Club Account
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $25k \| 0.15% → $25k - $50k \| 0.25% → $50k - $100k

The Farmers Bank (IA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.48%	$10k	-	18 Month CD Special
1.76%	$100	-	48 Month CD
1.56%	$100	-	36 Month CD
1.46%	$100	-	24 Month CD
1.31%	$100	-	18 Month CD
1.26%	$100	-	12 Month CD
1.00%	$100	-	9 Month CD
0.95%	$100	-	6 Month CD
0.50%	$100	-	3 Month CD

The Farmers Bank (IA) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.76%	$100	-	48 Month IRA
1.56%	$100	-	36 Month IRA
1.46%	$100	-	24 Month IRA
1.31%	$100	-	18 Month IRA
1.26%	$100	-	12 Month IRA
1.00%	$100	-	9 Month IRA
0.95%	$100	-	182 Day IRA
0.50%	$100	-	91 Day IRA

Locations

The Farmers Bank (IA) Locations
Farmers Trust and Savings Bank	125 West 4th Street	Spencer, IA 51301

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