401k Plan data: THE FARMERS BANK EMPLOYEES' PENSION PLAN plan

THE FARMERS BANK EMPLOYEES' PENSION PLAN 401k Plan overview

Plan Name	THE FARMERS BANK EMPLOYEES' PENSION PLAN
Plan identification number	001

THE FARMERS BANK EMPLOYEES' PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

THE FARMERS BANK has sponsored the creation of one or more 401k plans.

Company Name: THE FARMERS BANK

Employer identification number (EIN): 350302320

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about THE FARMERS BANK

Jurisdiction of Incorporation: Alabama Secretary of State

Incorporation Date: 1902-11-13

Company Identification Number: 742-253

More information about THE FARMERS BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FARMERS BANK EMPLOYEES' PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-07-01 CINDY SWOPE 2013-04-23 KAREN MILLER 2013-04-29
001 2011-07-01 CINDY SWOPE KAREN MILLER 2013-01-11
001 2010-07-01 CINDY SWOPE KAREN MILLER 2012-02-01
001 2009-07-01 CINDY SWOPE KAREN MILLER 2011-01-21

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2012-07-01	CINDY SWOPE	2013-04-23	KAREN MILLER	2013-04-29
001	2011-07-01	CINDY SWOPE		KAREN MILLER	2013-01-11
001	2010-07-01	CINDY SWOPE		KAREN MILLER	2012-02-01
001	2009-07-01	CINDY SWOPE		KAREN MILLER	2011-01-21

Plan Statistics for THE FARMERS BANK EMPLOYEES' PENSION PLAN

401k plan membership statisitcs for THE FARMERS BANK EMPLOYEES' PENSION PLAN

Measure Date Value
2011: THE FARMERS BANK EMPLOYEES' PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-07-01 122
Total number of active participants reported on line 7a of the Form 5500 2011-07-01 0
Number of retired or separated participants receiving benefits 2011-07-01 0
Number of other retired or separated participants entitled to future benefits 2011-07-01 0
Total of all active and inactive participants 2011-07-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-07-01 0
Total participants 2011-07-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-07-01 0
2010: THE FARMERS BANK EMPLOYEES' PENSION PLAN 2010 401k membership
Total participants, beginning-of-year 2010-07-01 126
Total number of active participants reported on line 7a of the Form 5500 2010-07-01 81
Number of retired or separated participants receiving benefits 2010-07-01 31
Number of other retired or separated participants entitled to future benefits 2010-07-01 6
Total of all active and inactive participants 2010-07-01 118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-07-01 4
Total participants 2010-07-01 122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-07-01 0
2009: THE FARMERS BANK EMPLOYEES' PENSION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-07-01 132
Total number of active participants reported on line 7a of the Form 5500 2009-07-01 85
Number of retired or separated participants receiving benefits 2009-07-01 33
Number of other retired or separated participants entitled to future benefits 2009-07-01 6
Total of all active and inactive participants 2009-07-01 124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-07-01 2
Total participants 2009-07-01 126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-07-01 0

Measure	Date	Value
2011: THE FARMERS BANK EMPLOYEES' PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-07-01	122
Total number of active participants reported on line 7a of the Form 5500	2011-07-01	0
Number of retired or separated participants receiving benefits	2011-07-01	0
Number of other retired or separated participants entitled to future benefits	2011-07-01	0
Total of all active and inactive participants	2011-07-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-07-01	0
Total participants	2011-07-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-07-01	0
2010: THE FARMERS BANK EMPLOYEES' PENSION PLAN 2010 401k membership
Total participants, beginning-of-year	2010-07-01	126
Total number of active participants reported on line 7a of the Form 5500	2010-07-01	81
Number of retired or separated participants receiving benefits	2010-07-01	31
Number of other retired or separated participants entitled to future benefits	2010-07-01	6
Total of all active and inactive participants	2010-07-01	118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-07-01	4
Total participants	2010-07-01	122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-07-01	0
2009: THE FARMERS BANK EMPLOYEES' PENSION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-07-01	132
Total number of active participants reported on line 7a of the Form 5500	2009-07-01	85
Number of retired or separated participants receiving benefits	2009-07-01	33
Number of other retired or separated participants entitled to future benefits	2009-07-01	6
Total of all active and inactive participants	2009-07-01	124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-07-01	2
Total participants	2009-07-01	126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-07-01	0

Financial Data on THE FARMERS BANK EMPLOYEES' PENSION PLAN

Measure	Date	Value
2012 : THE FARMERS BANK EMPLOYEES' PENSION PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-06-30	$7,348
Total unrealized appreciation/depreciation of assets	2012-06-30	$7,348
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-06-30	$0
Total income from all sources (including contributions)	2012-06-30	$1,218,750
Total loss/gain on sale of assets	2012-06-30	$-57,867
Total of all expenses incurred	2012-06-30	$8,511,587
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-06-30	$8,471,028
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-06-30	$1,255,301
Value of total assets at end of year	2012-06-30	$1,175
Value of total assets at beginning of year	2012-06-30	$7,294,012
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-06-30	$40,559
Total interest from all sources	2012-06-30	$2,196
Total dividends received (eg from common stock, registered investment company shares)	2012-06-30	$122,837
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-06-30	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2012-06-30	$0
Total dividends received from registered investment company shares (eg mutual funds)	2012-06-30	$111,690
Was this plan covered by a fidelity bond	2012-06-30	Yes
Value of fidelity bond cover	2012-06-30	$5,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-06-30	$0
Were there any nonexempt tranactions with any party-in-interest	2012-06-30	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-06-30	$126
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-06-30	$10,223
Other income not declared elsewhere	2012-06-30	$31
Administrative expenses (other) incurred	2012-06-30	$40,559
Total non interest bearing cash at end of year	2012-06-30	$1,049
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-06-30	No
Value of net income/loss	2012-06-30	$-7,292,837
Value of net assets at end of year (total assets less liabilities)	2012-06-30	$1,175
Value of net assets at beginning of year (total assets less liabilities)	2012-06-30	$7,294,012
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-06-30	No
Were any leases to which the plan was party in default or uncollectible	2012-06-30	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-06-30	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-06-30	$5,496,447
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-06-30	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-06-30	$891,667
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-06-30	$891,667
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-06-30	$2,196
Expenses. Payments to insurance carriers foe the provision of benefits	2012-06-30	$4,338,474
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-06-30	$-111,096
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-06-30	Yes
Was there a failure to transmit to the plan any participant contributions	2012-06-30	No
Has the plan failed to provide any benefit when due under the plan	2012-06-30	No
Assets. Invements in employer securities at end of year	2012-06-30	$0
Assets. Invements in employer securities at beginning of year	2012-06-30	$179,334
Contributions received in cash from employer	2012-06-30	$1,255,301
Income. Dividends from common stock	2012-06-30	$11,147
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-06-30	$4,132,554
Assets. Corporate common stocks other than exployer securities at end of year	2012-06-30	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-06-30	$716,341
Did the plan have assets held for investment	2012-06-30	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-06-30	No
Aggregate proceeds on sale of assets	2012-06-30	$819,515
Aggregate carrying amount (costs) on sale of assets	2012-06-30	$877,382
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-06-30	Yes
Opinion of an independent qualified public accountant for this plan	2012-06-30	Disclaimer
Accountancy firm name	2012-06-30	BKD, LLP
Accountancy firm EIN	2012-06-30	440160260
2011 : THE FARMERS BANK EMPLOYEES' PENSION PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-06-30	$166,123
Total unrealized appreciation/depreciation of assets	2011-06-30	$166,123
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-06-30	$0
Total income from all sources (including contributions)	2011-06-30	$1,496,834
Total loss/gain on sale of assets	2011-06-30	$40,929
Total of all expenses incurred	2011-06-30	$492,991
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-06-30	$450,539
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-06-30	$400,000
Value of total assets at end of year	2011-06-30	$7,294,012
Value of total assets at beginning of year	2011-06-30	$6,290,169
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-06-30	$42,452
Total interest from all sources	2011-06-30	$1,733
Total dividends received (eg from common stock, registered investment company shares)	2011-06-30	$211,160
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-06-30	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-06-30	$173,667
Was this plan covered by a fidelity bond	2011-06-30	Yes
Value of fidelity bond cover	2011-06-30	$5,000,000
Were there any nonexempt tranactions with any party-in-interest	2011-06-30	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-06-30	$10,223
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-06-30	$7,417
Administrative expenses (other) incurred	2011-06-30	$39,107
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-06-30	No
Value of net income/loss	2011-06-30	$1,003,843
Value of net assets at end of year (total assets less liabilities)	2011-06-30	$7,294,012
Value of net assets at beginning of year (total assets less liabilities)	2011-06-30	$6,290,169
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-06-30	No
Were any leases to which the plan was party in default or uncollectible	2011-06-30	No
Investment advisory and management fees	2011-06-30	$3,345
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-06-30	$5,496,447
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-06-30	$5,354,509
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-06-30	$891,667
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-06-30	$139,438
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-06-30	$139,438
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-06-30	$1,733
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-06-30	$676,889
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-06-30	Yes
Was there a failure to transmit to the plan any participant contributions	2011-06-30	No
Has the plan failed to provide any benefit when due under the plan	2011-06-30	No
Assets. Invements in employer securities at end of year	2011-06-30	$179,334
Assets. Invements in employer securities at beginning of year	2011-06-30	$146,966
Contributions received in cash from employer	2011-06-30	$400,000
Income. Dividends from common stock	2011-06-30	$37,493
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-06-30	$450,539
Assets. Corporate common stocks other than exployer securities at end of year	2011-06-30	$716,341
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-06-30	$641,839
Did the plan have assets held for investment	2011-06-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-06-30	No
Aggregate proceeds on sale of assets	2011-06-30	$389,786
Aggregate carrying amount (costs) on sale of assets	2011-06-30	$348,857
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-06-30	Yes
Opinion of an independent qualified public accountant for this plan	2011-06-30	Disclaimer
Accountancy firm name	2011-06-30	BKD, LLP
Accountancy firm EIN	2011-06-30	440160260

Form 5500 Responses for THE FARMERS BANK EMPLOYEES' PENSION PLAN

2011: THE FARMERS BANK EMPLOYEES' PENSION PLAN 2011 form 5500 responses
2011-07-01	Type of plan entity	Single employer plan
2011-07-01	Submission has been amended	No
2011-07-01	This submission is the final filing	No
2011-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-07-01	Plan is a collectively bargained plan	No
2011-07-01	Plan funding arrangement – Trust	Yes
2011-07-01	Plan benefit arrangement – Insurance	Yes
2011-07-01	Plan benefit arrangement - Trust	Yes
2010: THE FARMERS BANK EMPLOYEES' PENSION PLAN 2010 form 5500 responses
2010-07-01	Type of plan entity	Single employer plan
2010-07-01	Submission has been amended	No
2010-07-01	This submission is the final filing	No
2010-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-07-01	Plan is a collectively bargained plan	No
2010-07-01	Plan funding arrangement – Trust	Yes
2010-07-01	Plan benefit arrangement - Trust	Yes
2009: THE FARMERS BANK EMPLOYEES' PENSION PLAN 2009 form 5500 responses
2009-07-01	Type of plan entity	Single employer plan
2009-07-01	Submission has been amended	No
2009-07-01	This submission is the final filing	No
2009-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-07-01	Plan is a collectively bargained plan	No
2009-07-01	Plan funding arrangement – Trust	Yes
2009-07-01	Plan benefit arrangement - Trust	Yes

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Company Name:	THE FARMERS BANK
Employer identification number (EIN):	350302320
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Alabama Secretary of State
Incorporation Date:	1902-11-13
Company Identification Number:	742-253