The Farmers & Merchants Bank

Overview / Commentary

www.dyerfmbank.com

731-692-3761

110 South Main Street
Dyer, TN 38330

The Farmers & Merchants Bank is headquartered in Dyer and is the 123^rd largest bank in the state of Tennessee. It is also the 4,063^rd largest bank in the nation. It was established in 1895 and as of September of 2019, it had grown to 30 employees at 4 locations. The Farmers & Merchants Bank's savings rates are 2X 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. The Farmers & Merchants Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	1480
Year Established	1895
Employees	30
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.58%
Return on Equity - YTD	6.39%
Annual Interest Income	$2.7MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$99.3MM$95.4MM
Loans	Q3 2019vs Q3 2018	$33.5MM$31.2MM
Deposits	Q3 2019vs Q3 2018	$84.8MM$83.1MM
Equity Capital	Q3 2019vs Q3 2018	$9.9MM$7.6MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$196.00K$226.00K
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$247.00K$724.00K
Real Estate Owned	Q3 2019vs Q3 2018	$629.00K$500.00K

Rates

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Savings
Money Market
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.

The Farmers & Merchants Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.15%	-	-	Christmas Club Savings Account
1.15%	-	-	Vacation Club Account
1.06%	-	-	Regular Savings Account

The Farmers & Merchants Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%	$2.5k	-	Money Market Account

The Farmers & Merchants Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$25k^*	-	High Yield Business Checking Account
OTHER TIERS: 0.15% → $2.5k - $10k \| 0.25% → $10k - $25k
0.15%^*	$2.5k^*	-	Super NOW Checking Account
OTHER TIERS: 0.10% → $1k - $2.5k
0.10%	$1k	-	Now Checking Account
0.10%	$1k	-	Hometown Secure Checking

The Farmers & Merchants Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$1k	-	60 Month CD
2.50%	$1k	-	60 Month Exchange Rate Certificate
2.00%	$1k	-	48 Month CD
1.85%	$1k	-	36 Month CD
1.85%	$1k	-	15 Month CD
1.80%	$1k	-	24 Month CD
1.76%	$1k	-	18 Month CD
1.76%	$1k	-	18 Month Exchange Rate Certificate
1.65%	$1k	-	13 Month CD
1.10%	$1k	-	12 Month CD
1.10%	$1k	-	12 Month Exchange Rate Certificate
0.65%	$1k	-	6 Month CD
0.30%	$1k	-	3 Month CD

The Farmers & Merchants Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.26%	-	-	12 Month Fixed IRA
1.25%	-	-	12 Month Roth Fixed IRA
1.01%	-	-	12 Month Variable IRA

Locations

The Farmers & Merchants Bank Locations
The Farmers & Merchants Bank	110 South Main Street	Dyer, TN 38330
Humboldt Branch	316 North 22nd Avenue	Humboldt, TN 38343
College Street Branch	667 N College	Trenton, TN 38382
Foodrite Branch	705 South Main Street	Dyer, TN 38330

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