The First National Bank of
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Farm Management Services

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Since 1950, the First National Bank's agribusiness officers have provided farm owners with the expertise to solve day to day management problems in order to optimize net farm income. First National Bank Farm Management embraces principled stewardship of agricultural assets--primarily farmland. We manage or supervise the operation of farmland in a complicated and rapidly changing economic environment for farm owners whether they are absentee owners, professionals, retired persons, multiple joint owners, trusts, estates, institutions, or minor children. David B. Reynolds, AFM(1), holds an advanced degree in agriculture from the University of Illinois.  Luke Janosik was educated at Eastern Illinois University.  Both grew up on east central Illinois grain farms.  Together they offer over 35 years of experience in trust and farm management service.

We keep farm owners informed and operators involved while providing the following special services in the management of farm assets:

triangle bullet Selecting tenants or farm operators
triangle bullet Negotiating operating leases
triangle bullet Selecting crop rotations
triangle bullet Analyzing soil test information
triangle bullet Choosing seed varieties and environmentally sound fertilizer and pesticide programs
triangle bullet Maintaining buildings and recommending improvements that will add value to the farm
triangle bullet Establishing conservation measures when needed
triangle bullet Supervising the operation of the farm
triangle bullet Making frequent farm visits and reporting to the owner
triangle bullet Monitoring grain and livestock markets and selling farm production at appropriate times
triangle bullet Reviewing and paying bills when appropriate
triangle bullet Reviewing real estate taxes
triangle bullet Reviewing insurance coverage
triangle bullet Keeping accurate records and providing financial reports to the owner
triangle bullet Representing the owner in boundary disputes, drainage hearings, conservation meetings, government programs, and the like
triangle bullet Providing safekeeping of tax information, paid bills, receipts, leases, and legal documents
triangle bullet Investing funds in short term money market accounts pending distribution to owner or payment of farm expenses
triangle bullet Maintaining environmental records

Farm Management customers have access to a full line of financial management services through the Trust Department. Investment management is available. Estate plans can be reviewed. Alternatives can be explored to ensure that personal and tax objectives are met. Information about these valuable services is free for the asking and given without obligation.

(1) The Accredited Farm Manager (AFM) designation is awarded by the American Society of Farm Managers and Rural Appraisers

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Copyright © 2005

Last Modified: November 23, 2007