Farmers and Merchants Savings Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Farmers and Merchants Savings Bank an independent community bank with a strong tradition of meeting customers’ needs and the needs of the community. Farmers & Merchants Savings Bank was established in Lone Tree on August 24, 1901 with initial capital of $20,000.

Farmers & Merchants Savings Bank is the oldest Bank in Johnson County, Iowa. During the Depression, the Bank stayed open with the exception of the National Bank Holiday from January 29, 1933 to February 10, 1933, when all banks were required to close. The Bank did not have to reorganize as most banks did, therefore retaining continuity from the original charter date of October 7, 1901.

Telephone banking is available 24 hours a day, 7 days a week, 365 days a year. All you need is a touch tone phone, your account number, and your PIN number. Banking 24 hours a day from the privacy of your home or office using your Personal Computer and password. Your information is secure and kept confidential.

Iowa City
2235 Mormon Trek Boulevard
PO Box 1667
Iowa City, IA 52246
Phone: 319-341-5900
Fax: 319-341-5959

Lone Tree
200 N. Devoe
PO Box 609
Lone Tree, IA 52755
Phone: 319-629-4222
Fax: 319-629-4944