The Farmers & Merchants Bank
Stuttgart, AR — State Member Bank
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Tier 1 Common Capital Over Time
| Tier 1 Common Capital | The Farmers & Merchants Bank | All Insured Commercial Banks in Arkansas |
| 12-31-2016 | 107,344,000 | 33,826,484 |
| 09-30-2016 | 104,088,000 | 34,340,870 |
| 06-30-2016 | 101,254,000 | 33,364,914 |
| 03-31-2016 | 99,203,000 | 32,917,398 |
| 12-31-2015 | 98,048,000 | 32,112,065 |
| 09-30-2015 | 90,850,000 | 32,011,642 |
| 06-30-2015 | 88,969,000 | 31,531,568 |
| 03-31-2015 | 87,066,000 | 31,077,708 |