Civic Intelligence

CENTENNIAL BANK, INC.

Plan context: Farmers & Merchants Bank Inc Profit Sharing Plan & Trust

EIN 62-0198140 • Trezevant, TN • 26 filings • 4 plans

P O Box 308Trezevant, TN 38258
Current Snapshot

Latest Year

2024

2024 Participants

155

2024 Assets

$11,732,054

2024 Contributions

$1,085,655

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$11,732,054$5,866,027$0199920122024YearValue
$11,732,054Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

155780199920122024YearValue
155Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20241155$11,732,054$1,085,655$7,004iApproximate average salary by contribution assumption: employee only about $175,106 at 4% or $116,737 at 6%; with 50% employer match about $116,737 at 4% or $77,825 at 6%; with 100% employer match about $87,553 at 4% or $58,369 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-155$11,732,054$1,085,655$7,004iApproximate average salary by contribution assumption: employee only about $175,106 at 4% or $116,737 at 6%; with 50% employer match about $116,737 at 4% or $77,825 at 6%; with 100% employer match about $87,553 at 4% or $58,369 at 6%.
20231149$10,444,954$789,409$5,298iApproximate average salary by contribution assumption: employee only about $132,451 at 4% or $88,301 at 6%; with 50% employer match about $88,301 at 4% or $58,867 at 6%; with 100% employer match about $66,226 at 4% or $44,150 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-149$10,444,954$789,409$5,298iApproximate average salary by contribution assumption: employee only about $132,451 at 4% or $88,301 at 6%; with 50% employer match about $88,301 at 4% or $58,867 at 6%; with 100% employer match about $66,226 at 4% or $44,150 at 6%.
20221133$8,518,602$703,570$5,290iApproximate average salary by contribution assumption: employee only about $132,250 at 4% or $88,167 at 6%; with 50% employer match about $88,167 at 4% or $58,778 at 6%; with 100% employer match about $66,125 at 4% or $44,083 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-133$8,518,602$703,570$5,290iApproximate average salary by contribution assumption: employee only about $132,250 at 4% or $88,167 at 6%; with 50% employer match about $88,167 at 4% or $58,778 at 6%; with 100% employer match about $66,125 at 4% or $44,083 at 6%.
20211139$9,823,895$722,801$5,200iApproximate average salary by contribution assumption: employee only about $130,000 at 4% or $86,667 at 6%; with 50% employer match about $86,667 at 4% or $57,778 at 6%; with 100% employer match about $65,000 at 4% or $43,333 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-139$9,823,895$722,801$5,200iApproximate average salary by contribution assumption: employee only about $130,000 at 4% or $86,667 at 6%; with 50% employer match about $86,667 at 4% or $57,778 at 6%; with 100% employer match about $65,000 at 4% or $43,333 at 6%.
20201133$8,074,302$551,092$4,144iApproximate average salary by contribution assumption: employee only about $103,589 at 4% or $69,059 at 6%; with 50% employer match about $69,059 at 4% or $46,039 at 6%; with 100% employer match about $51,794 at 4% or $34,530 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-133$8,074,302$551,092$4,144iApproximate average salary by contribution assumption: employee only about $103,589 at 4% or $69,059 at 6%; with 50% employer match about $69,059 at 4% or $46,039 at 6%; with 100% employer match about $51,794 at 4% or $34,530 at 6%.
20191133$6,605,699$473,159$3,558iApproximate average salary by contribution assumption: employee only about $88,940 at 4% or $59,293 at 6%; with 50% employer match about $59,293 at 4% or $39,529 at 6%; with 100% employer match about $44,470 at 4% or $29,647 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-133$6,605,699$473,159$3,558iApproximate average salary by contribution assumption: employee only about $88,940 at 4% or $59,293 at 6%; with 50% employer match about $59,293 at 4% or $39,529 at 6%; with 100% employer match about $44,470 at 4% or $29,647 at 6%.
20181104$5,275,069$1,111,568$10,688iApproximate average salary by contribution assumption: employee only about $267,204 at 4% or $178,136 at 6%; with 50% employer match about $178,136 at 4% or $118,757 at 6%; with 100% employer match about $133,602 at 4% or $89,068 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-104$5,275,069$1,111,568$10,688iApproximate average salary by contribution assumption: employee only about $267,204 at 4% or $178,136 at 6%; with 50% employer match about $178,136 at 4% or $118,757 at 6%; with 100% employer match about $133,602 at 4% or $89,068 at 6%.
2017179$5,065,181$392,707$4,971iApproximate average salary by contribution assumption: employee only about $124,274 at 4% or $82,850 at 6%; with 50% employer match about $82,850 at 4% or $55,233 at 6%; with 100% employer match about $62,137 at 4% or $41,425 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-79$5,065,181$392,707$4,971iApproximate average salary by contribution assumption: employee only about $124,274 at 4% or $82,850 at 6%; with 50% employer match about $82,850 at 4% or $55,233 at 6%; with 100% employer match about $62,137 at 4% or $41,425 at 6%.
2016181$4,466,169$296,273$3,658iApproximate average salary by contribution assumption: employee only about $91,442 at 4% or $60,962 at 6%; with 50% employer match about $60,962 at 4% or $40,641 at 6%; with 100% employer match about $45,721 at 4% or $30,481 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-81$4,466,169$296,273$3,658iApproximate average salary by contribution assumption: employee only about $91,442 at 4% or $60,962 at 6%; with 50% employer match about $60,962 at 4% or $40,641 at 6%; with 100% employer match about $45,721 at 4% or $30,481 at 6%.
2015178$4,151,691$270,800$3,472iApproximate average salary by contribution assumption: employee only about $86,795 at 4% or $57,863 at 6%; with 50% employer match about $57,863 at 4% or $38,575 at 6%; with 100% employer match about $43,397 at 4% or $28,932 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-78$4,151,691$270,800$3,472iApproximate average salary by contribution assumption: employee only about $86,795 at 4% or $57,863 at 6%; with 50% employer match about $57,863 at 4% or $38,575 at 6%; with 100% employer match about $43,397 at 4% or $28,932 at 6%.
2014171$4,099,433$249,168$3,509iApproximate average salary by contribution assumption: employee only about $87,735 at 4% or $58,490 at 6%; with 50% employer match about $58,490 at 4% or $38,993 at 6%; with 100% employer match about $43,868 at 4% or $29,245 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-71$4,099,433$249,168$3,509iApproximate average salary by contribution assumption: employee only about $87,735 at 4% or $58,490 at 6%; with 50% employer match about $58,490 at 4% or $38,993 at 6%; with 100% employer match about $43,868 at 4% or $29,245 at 6%.
2013171$3,797,005$236,085$3,325iApproximate average salary by contribution assumption: employee only about $83,129 at 4% or $55,419 at 6%; with 50% employer match about $55,419 at 4% or $36,946 at 6%; with 100% employer match about $41,564 at 4% or $27,710 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-71$3,797,005$236,085$3,325iApproximate average salary by contribution assumption: employee only about $83,129 at 4% or $55,419 at 6%; with 50% employer match about $55,419 at 4% or $36,946 at 6%; with 100% employer match about $41,564 at 4% or $27,710 at 6%.
2012170$3,018,867$205,733$2,939iApproximate average salary by contribution assumption: employee only about $73,476 at 4% or $48,984 at 6%; with 50% employer match about $48,984 at 4% or $32,656 at 6%; with 100% employer match about $36,738 at 4% or $24,492 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-70$3,018,867$205,733$2,939iApproximate average salary by contribution assumption: employee only about $73,476 at 4% or $48,984 at 6%; with 50% employer match about $48,984 at 4% or $32,656 at 6%; with 100% employer match about $36,738 at 4% or $24,492 at 6%.
2011168$2,530,838$430,266$6,327iApproximate average salary by contribution assumption: employee only about $158,186 at 4% or $105,457 at 6%; with 50% employer match about $105,457 at 4% or $70,305 at 6%; with 100% employer match about $79,093 at 4% or $52,729 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-68$2,530,838$430,266$6,327iApproximate average salary by contribution assumption: employee only about $158,186 at 4% or $105,457 at 6%; with 50% employer match about $105,457 at 4% or $70,305 at 6%; with 100% employer match about $79,093 at 4% or $52,729 at 6%.
2010159$2,371,508$158,541$2,687iApproximate average salary by contribution assumption: employee only about $67,178 at 4% or $44,786 at 6%; with 50% employer match about $44,786 at 4% or $29,857 at 6%; with 100% employer match about $33,589 at 4% or $22,393 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-59$2,371,508$158,541$2,687iApproximate average salary by contribution assumption: employee only about $67,178 at 4% or $44,786 at 6%; with 50% employer match about $44,786 at 4% or $29,857 at 6%; with 100% employer match about $33,589 at 4% or $22,393 at 6%.
2009161$1,938,005$148,562$2,435iApproximate average salary by contribution assumption: employee only about $60,886 at 4% or $40,591 at 6%; with 50% employer match about $40,591 at 4% or $27,060 at 6%; with 100% employer match about $30,443 at 4% or $20,295 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-61$1,938,005$148,562$2,435iApproximate average salary by contribution assumption: employee only about $60,886 at 4% or $40,591 at 6%; with 50% employer match about $40,591 at 4% or $27,060 at 6%; with 100% employer match about $30,443 at 4% or $20,295 at 6%.
2008157$1,363,586$183,767$3,224iApproximate average salary by contribution assumption: employee only about $80,600 at 4% or $53,733 at 6%; with 50% employer match about $53,733 at 4% or $35,822 at 6%; with 100% employer match about $40,300 at 4% or $26,867 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-57$1,363,586$183,767$3,224iApproximate average salary by contribution assumption: employee only about $80,600 at 4% or $53,733 at 6%; with 50% employer match about $53,733 at 4% or $35,822 at 6%; with 100% employer match about $40,300 at 4% or $26,867 at 6%.
2007154$1,855,372$128,420$2,378iApproximate average salary by contribution assumption: employee only about $59,454 at 4% or $39,636 at 6%; with 50% employer match about $39,636 at 4% or $26,424 at 6%; with 100% employer match about $29,727 at 4% or $19,818 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-54$1,855,372$128,420$2,378iApproximate average salary by contribution assumption: employee only about $59,454 at 4% or $39,636 at 6%; with 50% employer match about $39,636 at 4% or $26,424 at 6%; with 100% employer match about $29,727 at 4% or $19,818 at 6%.
2006138$1,644,235$106,484$2,802iApproximate average salary by contribution assumption: employee only about $70,055 at 4% or $46,704 at 6%; with 50% employer match about $46,704 at 4% or $31,136 at 6%; with 100% employer match about $35,028 at 4% or $23,352 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-38$1,644,235$106,484$2,802iApproximate average salary by contribution assumption: employee only about $70,055 at 4% or $46,704 at 6%; with 50% employer match about $46,704 at 4% or $31,136 at 6%; with 100% employer match about $35,028 at 4% or $23,352 at 6%.
2005134$1,365,303$177,979$5,235iApproximate average salary by contribution assumption: employee only about $130,867 at 4% or $87,245 at 6%; with 50% employer match about $87,245 at 4% or $58,163 at 6%; with 100% employer match about $65,433 at 4% or $43,622 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-34$1,365,303$177,979$5,235iApproximate average salary by contribution assumption: employee only about $130,867 at 4% or $87,245 at 6%; with 50% employer match about $87,245 at 4% or $58,163 at 6%; with 100% employer match about $65,433 at 4% or $43,622 at 6%.
2004132$1,145,642$112,871$3,527iApproximate average salary by contribution assumption: employee only about $88,180 at 4% or $58,787 at 6%; with 50% employer match about $58,787 at 4% or $39,191 at 6%; with 100% employer match about $44,090 at 4% or $29,393 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-32$1,145,642$112,871$3,527iApproximate average salary by contribution assumption: employee only about $88,180 at 4% or $58,787 at 6%; with 50% employer match about $58,787 at 4% or $39,191 at 6%; with 100% employer match about $44,090 at 4% or $29,393 at 6%.
2003131$918,620$114,253$3,686iApproximate average salary by contribution assumption: employee only about $92,140 at 4% or $61,426 at 6%; with 50% employer match about $61,426 at 4% or $40,951 at 6%; with 100% employer match about $46,070 at 4% or $30,713 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-31$918,620$114,253$3,686iApproximate average salary by contribution assumption: employee only about $92,140 at 4% or $61,426 at 6%; with 50% employer match about $61,426 at 4% or $40,951 at 6%; with 100% employer match about $46,070 at 4% or $30,713 at 6%.
2002128$646,651$43,693$1,560iApproximate average salary by contribution assumption: employee only about $39,012 at 4% or $26,008 at 6%; with 50% employer match about $26,008 at 4% or $17,338 at 6%; with 100% employer match about $19,506 at 4% or $13,004 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-28$646,651$43,693$1,560iApproximate average salary by contribution assumption: employee only about $39,012 at 4% or $26,008 at 6%; with 50% employer match about $26,008 at 4% or $17,338 at 6%; with 100% employer match about $19,506 at 4% or $13,004 at 6%.
2001124$710,267$60,768$2,532iApproximate average salary by contribution assumption: employee only about $63,300 at 4% or $42,200 at 6%; with 50% employer match about $42,200 at 4% or $28,133 at 6%; with 100% employer match about $31,650 at 4% or $21,100 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-24$710,267$60,768$2,532iApproximate average salary by contribution assumption: employee only about $63,300 at 4% or $42,200 at 6%; with 50% employer match about $42,200 at 4% or $28,133 at 6%; with 100% employer match about $31,650 at 4% or $21,100 at 6%.
2000121$819,907$100,819$4,801iApproximate average salary by contribution assumption: employee only about $120,023 at 4% or $80,015 at 6%; with 50% employer match about $80,015 at 4% or $53,343 at 6%; with 100% employer match about $60,011 at 4% or $40,008 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-21$819,907$100,819$4,801iApproximate average salary by contribution assumption: employee only about $120,023 at 4% or $80,015 at 6%; with 50% employer match about $80,015 at 4% or $53,343 at 6%; with 100% employer match about $60,011 at 4% or $40,008 at 6%.
1999121$726,349$78,800$3,752iApproximate average salary by contribution assumption: employee only about $93,810 at 4% or $62,540 at 6%; with 50% employer match about $62,540 at 4% or $41,693 at 6%; with 100% employer match about $46,905 at 4% or $31,270 at 6%.
Farmers & Merchants Bank Inc Profit Sharing Plan & Trust-21$726,349$78,800$3,752iApproximate average salary by contribution assumption: employee only about $93,810 at 4% or $62,540 at 6%; with 50% employer match about $62,540 at 4% or $41,693 at 6%; with 100% employer match about $46,905 at 4% or $31,270 at 6%.