The Farmers Bank (IA)

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
1.51%	1-year CD	1.30% - National Average
0.19%	Savings	2.10% - American Express National Bank High Yield Savings Account
2.02%	4-year CD	1.94% - National Average

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 1,625^th largest bank in the nation. It was established in 1916 and as of September of 2018, it had grown to 40 employees at 1 location. The Farmers Bank (IA)'s CD rates are 68% higher than the national average, and it has an A health rating.

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Health

Data as of Q3 2018

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Health Grade Components

Overall
FDIC Certificate #	12858
Year Established	1916
Employees	40
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.33%
Return on Equity - YTD	15.54%
Annual Interest Income	$12.6MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$429.3MM$402.6MM
Loans	Q3 2018vs Q3 2017	$348.9MM$315.2MM
Deposits	Q3 2018vs Q3 2017	$375.5MM$351.8MM
Equity Capital	Q3 2018vs Q3 2017	$36.5MM$34.8MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$4.1MM$4.1MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$580.00K$2.5MM
Real Estate Owned	Q3 2018vs Q3 2017	$0$242.00K

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
0.35%^*	$15k^*	-	Health Savings Account
OTHER TIERS: 0.05% → Up to $1k \| 0.15% → $1k - $15k
0.19%	$100	-	Traditional Savings Account

The Farmers Bank (IA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.65%^*	$250k^*	-	Investor Money Market Account
OTHER TIERS: 0.15% → Up to $10k \| 0.25% → $10k - $50k \| 0.35% → $50k - $100k \| 0.50% → $100k - $250k

The Farmers Bank (IA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%^*	$100k^*	-	Business Interest Checking Account
OTHER TIERS: 0.10% → Up to $5k \| 0.20% → $5k - $25k \| 0.25% → $25k - $50k \| 0.35% → $50k - $100k
0.60%^*	$100k^*	-	Investor Checking
OTHER TIERS: 0.10% → Up to $5k \| 0.20% → $5k - $25k \| 0.25% → $25k - $50k \| 0.35% → $50k - $100k
0.60%^*	$100k^*	-	Adventure Club Account
OTHER TIERS: 0.10% → Up to $5k \| 0.20% → $5k - $25k \| 0.25% → $25k - $50k \| 0.35% → $50k - $100k

The Farmers Bank (IA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$100	-	48 Month CD
1.81%	$100	-	36 Month CD
1.76%	$100	-	24 Month CD
1.56%	$100	-	18 Month CD
1.51%	$100	-	12 Month CD
1.26%	$100	-	9 Month CD
1.21%	$100	-	6 Month CD
0.65%	$100	-	3 Month CD

The Farmers Bank (IA) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$100	-	48 Month IRA
1.81%	$100	-	36 Month IRA
1.76%	$100	-	24 Month IRA
1.56%	$100	-	18 Month IRA
1.51%	$100	-	12 Month IRA
1.26%	$100	-	9 Month IRA
1.21%	$100	-	6 Month IRA
0.65%	$100	-	3 Month IRA

Locations

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

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