401k Plan data: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN plan

MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 401k Plan overview

Plan Name	MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN
Plan identification number	002

MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

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

Company Name: MERCHANTS & FARMERS BANK

Employer identification number (EIN): 640202960

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2013-01-01 PATSY BRANDON PATSY BRANDON 2014-07-28
002 2012-01-01 JUDY DAVIS JUDY DAVIS 2013-08-29
002 2011-01-01 JUDY DAVIS JUDY DAVIS 2012-07-23
002 2009-01-01 JUDY DAVIS JUDY DAVIS 2010-10-15

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2013-01-01	PATSY BRANDON	PATSY BRANDON	2014-07-28
002	2012-01-01	JUDY DAVIS	JUDY DAVIS	2013-08-29
002	2011-01-01	JUDY DAVIS	JUDY DAVIS	2012-07-23
002	2009-01-01	JUDY DAVIS	JUDY DAVIS	2010-10-15

Plan Statistics for MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN

401k plan membership statisitcs for MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN

Measure Date Value
2013: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 551
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 380
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 88
Total of all active and inactive participants 2013-01-01 468
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 1
Total participants 2013-01-01 469
Number of participants with account balances 2013-01-01 465
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 572
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 476
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 76
Total of all active and inactive participants 2012-01-01 552
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 1
Total participants 2012-01-01 553
Number of participants with account balances 2012-01-01 542
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 31
2011: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 664
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 494
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 79
Total of all active and inactive participants 2011-01-01 573
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 574
Number of participants with account balances 2011-01-01 558
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 728
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 665
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 129
Total of all active and inactive participants 2009-01-01 794
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 2
Total participants 2009-01-01 796
Number of participants with account balances 2009-01-01 723
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 33

Measure	Date	Value
2013: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	551
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	380
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	88
Total of all active and inactive participants	2013-01-01	468
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	1
Total participants	2013-01-01	469
Number of participants with account balances	2013-01-01	465
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	572
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	476
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	76
Total of all active and inactive participants	2012-01-01	552
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	1
Total participants	2012-01-01	553
Number of participants with account balances	2012-01-01	542
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	31
2011: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	664
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	494
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	79
Total of all active and inactive participants	2011-01-01	573
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	574
Number of participants with account balances	2011-01-01	558
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	728
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	665
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	129
Total of all active and inactive participants	2009-01-01	794
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	2
Total participants	2009-01-01	796
Number of participants with account balances	2009-01-01	723
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	33

Financial Data on MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN

Measure	Date	Value
2013 : MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets	2013-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$-287,238
Total unrealized appreciation/depreciation of assets	2013-12-31	$-287,238
Total transfer of assets to this plan	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$9,089,785
Total loss/gain on sale of assets	2013-12-31	$4,966,695
Total of all expenses incurred	2013-12-31	$2,058,197
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$2,013,729
Expenses. Certain deemed distributions of participant loans	2013-12-31	$0
Value of total corrective distributions	2013-12-31	$36,049
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,764,469
Value of total assets at end of year	2013-12-31	$25,404,651
Value of total assets at beginning of year	2013-12-31	$18,373,063
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$8,419
Total income from rents	2013-12-31	$0
Total interest from all sources	2013-12-31	$74,276
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$229,381
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$184,518
Administrative expenses professional fees incurred	2013-12-31	$0
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Amount of non-exempt transactions with any party-in-interest	2013-12-31	$0
Contributions received from participants	2013-12-31	$820,033
Participant contributions at end of year	2013-12-31	$289,162
Participant contributions at beginning of year	2013-12-31	$292,993
Participant contributions at end of year	2013-12-31	$0
Participant contributions at beginning of year	2013-12-31	$200
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$273,346
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$0
Other income not declared elsewhere	2013-12-31	$15,369
Administrative expenses (other) incurred	2013-12-31	$0
Liabilities. Value of operating payables at beginning of year	2013-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$7,031,588
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$25,404,651
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$18,373,063
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2013-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2013-12-31	$0
Investment advisory and management fees	2013-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$15,469,296
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$13,124,288
Interest on participant loans	2013-12-31	$9,976
Income. Interest from loans (other than to participants)	2013-12-31	$0
Interest earned on other investments	2013-12-31	$64,300
Income. Interest from US Government securities	2013-12-31	$0
Income. Interest from corporate debt instruments	2013-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$4,046,033
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$2,207,557
Expenses. Payments to insurance carriers foe the provision of benefits	2013-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$2,326,833
Net investment gain/loss from pooled separate accounts	2013-12-31	$0
Net investment gain or loss from common/collective trusts	2013-12-31	$0
Net gain/loss from 103.12 investment entities	2013-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Assets. Invements in employer securities at end of year	2013-12-31	$5,600,160
Assets. Invements in employer securities at beginning of year	2013-12-31	$2,672,905
Contributions received in cash from employer	2013-12-31	$671,090
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$75,120
Income. Dividends from preferred stock	2013-12-31	$0
Income. Dividends from common stock	2013-12-31	$44,863
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$2,013,729
Contract administrator fees	2013-12-31	$8,419
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2013-12-31	Yes
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$0
Did the plan have assets held for investment	2013-12-31	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	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Aggregate proceeds on sale of assets	2013-12-31	$7,861,548
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$2,894,853
Liabilities. Value of acquisition indebtedness at beginning of year	2013-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	BKD, LLP
Accountancy firm EIN	2013-12-31	440160260
2012 : MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2012 401k financial data
Unrealized appreciation/depreciation of real estate assets	2012-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$1,176,194
Total unrealized appreciation/depreciation of assets	2012-12-31	$1,176,194
Total transfer of assets to this plan	2012-12-31	$0
Total transfer of assets from this plan	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$5,540,230
Total loss/gain on sale of assets	2012-12-31	$121,296
Total of all expenses incurred	2012-12-31	$1,203,276
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$1,197,676
Expenses. Certain deemed distributions of participant loans	2012-12-31	$0
Value of total corrective distributions	2012-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$2,574,321
Value of total assets at end of year	2012-12-31	$18,373,063
Value of total assets at beginning of year	2012-12-31	$14,036,109
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$5,600
Total income from rents	2012-12-31	$0
Total interest from all sources	2012-12-31	$51,036
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$225,088
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$208,217
Administrative expenses professional fees incurred	2012-12-31	$0
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Amount of non-exempt transactions with any party-in-interest	2012-12-31	$0
Contributions received from participants	2012-12-31	$1,189,144
Participant contributions at end of year	2012-12-31	$292,993
Participant contributions at beginning of year	2012-12-31	$142,070
Participant contributions at end of year	2012-12-31	$200
Participant contributions at beginning of year	2012-12-31	$642
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$575,579
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2012-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$0
Other income not declared elsewhere	2012-12-31	$0
Administrative expenses (other) incurred	2012-12-31	$0
Liabilities. Value of operating payables at beginning of year	2012-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$4,336,954
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$18,373,063
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$14,036,109
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2012-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2012-12-31	$0
Investment advisory and management fees	2012-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$13,124,288
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$11,559,524
Interest on participant loans	2012-12-31	$7,566
Income. Interest from loans (other than to participants)	2012-12-31	$0
Interest earned on other investments	2012-12-31	$43,470
Income. Interest from US Government securities	2012-12-31	$0
Income. Interest from corporate debt instruments	2012-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$2,207,557
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$1,513,981
Expenses. Payments to insurance carriers foe the provision of benefits	2012-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$1,392,295
Net investment gain/loss from pooled separate accounts	2012-12-31	$0
Net investment gain or loss from common/collective trusts	2012-12-31	$0
Net gain/loss from 103.12 investment entities	2012-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Assets. Invements in employer securities at end of year	2012-12-31	$2,672,905
Assets. Invements in employer securities at beginning of year	2012-12-31	$819,583
Contributions received in cash from employer	2012-12-31	$809,598
Employer contributions (assets) at end of year	2012-12-31	$75,120
Employer contributions (assets) at beginning of year	2012-12-31	$309
Income. Dividends from preferred stock	2012-12-31	$0
Income. Dividends from common stock	2012-12-31	$16,871
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$1,197,676
Contract administrator fees	2012-12-31	$5,600
Liabilities. Value of benefit claims payable at beginning of year	2012-12-31	$0
Did the plan have assets held for investment	2012-12-31	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	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Aggregate proceeds on sale of assets	2012-12-31	$236,909
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$115,613
Liabilities. Value of acquisition indebtedness at beginning of year	2012-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	No
Opinion of an independent qualified public accountant for this plan	2012-12-31	Unqualified
Accountancy firm name	2012-12-31	BKD, LLP
Accountancy firm EIN	2012-12-31	440160260
2011 : MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets	2011-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-257,911
Total unrealized appreciation/depreciation of assets	2011-12-31	$-257,911
Total transfer of assets to this plan	2011-12-31	$0
Total transfer of assets from this plan	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$1,125,273
Total loss/gain on sale of assets	2011-12-31	$-27,185
Total of all expenses incurred	2011-12-31	$997,856
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$996,128
Expenses. Certain deemed distributions of participant loans	2011-12-31	$0
Value of total corrective distributions	2011-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,623,624
Value of total assets at end of year	2011-12-31	$14,036,109
Value of total assets at beginning of year	2011-12-31	$13,908,692
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$1,728
Total income from rents	2011-12-31	$0
Total interest from all sources	2011-12-31	$37,114
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$167,899
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$158,845
Administrative expenses professional fees incurred	2011-12-31	$0
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Amount of non-exempt transactions with any party-in-interest	2011-12-31	$0
Contributions received from participants	2011-12-31	$1,141,341
Participant contributions at end of year	2011-12-31	$142,070
Participant contributions at end of year	2011-12-31	$642
Participant contributions at beginning of year	2011-12-31	$38
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$3,902
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2011-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$0
Other income not declared elsewhere	2011-12-31	$0
Administrative expenses (other) incurred	2011-12-31	$0
Liabilities. Value of operating payables at beginning of year	2011-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$127,417
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$14,036,109
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$13,908,692
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2011-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2011-12-31	$0
Investment advisory and management fees	2011-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$11,559,524
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$11,611,242
Interest on participant loans	2011-12-31	$765
Income. Interest from loans (other than to participants)	2011-12-31	$0
Interest earned on other investments	2011-12-31	$36,349
Income. Interest from US Government securities	2011-12-31	$0
Income. Interest from corporate debt instruments	2011-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$1,513,981
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$1,228,983
Expenses. Payments to insurance carriers foe the provision of benefits	2011-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-418,268
Net investment gain/loss from pooled separate accounts	2011-12-31	$0
Net investment gain or loss from common/collective trusts	2011-12-31	$0
Net gain/loss from 103.12 investment entities	2011-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Assets. Invements in employer securities at end of year	2011-12-31	$819,583
Assets. Invements in employer securities at beginning of year	2011-12-31	$1,068,416
Contributions received in cash from employer	2011-12-31	$478,381
Employer contributions (assets) at end of year	2011-12-31	$309
Employer contributions (assets) at beginning of year	2011-12-31	$13
Income. Dividends from preferred stock	2011-12-31	$0
Income. Dividends from common stock	2011-12-31	$9,054
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$996,128
Contract administrator fees	2011-12-31	$1,728
Liabilities. Value of benefit claims payable at beginning of year	2011-12-31	$0
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$213,776
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$240,961
Liabilities. Value of acquisition indebtedness at beginning of year	2011-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	No
Opinion of an independent qualified public accountant for this plan	2011-12-31	Unqualified
Accountancy firm name	2011-12-31	BKD, LLP
Accountancy firm EIN	2011-12-31	440160260
2010 : MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets	2010-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$333,700
Total unrealized appreciation/depreciation of assets	2010-12-31	$333,700
Total transfer of assets to this plan	2010-12-31	$0
Total transfer of assets from this plan	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$3,341,981
Total loss/gain on sale of assets	2010-12-31	$40,874
Total of all expenses incurred	2010-12-31	$1,337,435
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$1,336,285
Value of total corrective distributions	2010-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,522,119
Value of total assets at end of year	2010-12-31	$13,908,692
Value of total assets at beginning of year	2010-12-31	$11,904,146
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$1,150
Total income from rents	2010-12-31	$0
Total interest from all sources	2010-12-31	$37,682
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$160,190
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$149,695
Administrative expenses professional fees incurred	2010-12-31	$0
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Amount of non-exempt transactions with any party-in-interest	2010-12-31	$0
Contributions received from participants	2010-12-31	$1,083,066
Participant contributions at end of year	2010-12-31	$38
Participant contributions at beginning of year	2010-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$129,721
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2010-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$0
Other income not declared elsewhere	2010-12-31	$11,928
Administrative expenses (other) incurred	2010-12-31	$0
Liabilities. Value of operating payables at beginning of year	2010-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$2,004,546
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$13,908,692
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$11,904,146
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2010-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2010-12-31	$0
Investment advisory and management fees	2010-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$11,611,242
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$9,685,628
Income. Interest from loans (other than to participants)	2010-12-31	$0
Interest earned on other investments	2010-12-31	$37,682
Income. Interest from US Government securities	2010-12-31	$0
Income. Interest from corporate debt instruments	2010-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$1,228,983
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2010-12-31	$1,573,604
Expenses. Payments to insurance carriers foe the provision of benefits	2010-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,235,488
Net investment gain/loss from pooled separate accounts	2010-12-31	$0
Net investment gain or loss from common/collective trusts	2010-12-31	$0
Net gain/loss from 103.12 investment entities	2010-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Assets. Invements in employer securities at end of year	2010-12-31	$1,068,416
Assets. Invements in employer securities at beginning of year	2010-12-31	$569,914
Contributions received in cash from employer	2010-12-31	$309,332
Employer contributions (assets) at end of year	2010-12-31	$13
Employer contributions (assets) at beginning of year	2010-12-31	$75,000
Income. Dividends from preferred stock	2010-12-31	$0
Income. Dividends from common stock	2010-12-31	$10,495
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$1,336,285
Contract administrator fees	2010-12-31	$1,150
Liabilities. Value of benefit claims payable at beginning of year	2010-12-31	$0
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$120,466
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$79,592
Liabilities. Value of acquisition indebtedness at beginning of year	2010-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	No
Opinion of an independent qualified public accountant for this plan	2010-12-31	Unqualified
Accountancy firm name	2010-12-31	BKD, LLP
Accountancy firm EIN	2010-12-31	440160260
2009 : MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN

2013: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: MERCHANTS & FARMERS BANK PROFIT SHARING & SAVINGS PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	MERCHANTS & FARMERS BANK
Employer identification number (EIN):	640202960
NAIC Classification:	522110
NAIC Description:	Commercial Banking