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 124^th largest bank in the state of Tennessee. It is also the 4,154^th largest bank in the nation. It was established in 1895 and as of December of 2018, it had grown to 33 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

Data as of Q4 2018

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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	33
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.31%
Return on Equity - YTD	3.79%
Annual Interest Income	$3.2MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$98.3MM$98.1MM
Loans	Q4 2018vs Q4 2017	$30.5MM$30.4MM
Deposits	Q4 2018vs Q4 2017	$85.8MM$84.5MM
Equity Capital	Q4 2018vs Q4 2017	$8.0MM$8.7MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$235.00K$235.00K
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$694.00K$968.00K
Real Estate Owned	Q4 2018vs Q4 2017	$511.00K$548.00K

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
1.05%	-	-	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
1.90%	$1k	-	36 Month CD
1.75%	$1k	-	24 Month CD
1.50%	$1k	-	18 Month CD
1.50%	$1k	-	18 Month Exchange Rate Certificate
1.35%	$1k	-	15 Month CD
1.25%	$1k	-	13 Month CD
1.05%	$1k	-	12 Month CD
1.05%	$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
1.25%	-	-	12 Month Fixed IRA
1.25%	-	-	12 Month Roth Fixed IRA
1.00%	-	-	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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