In 1910, when Millard Fillmore Dunlap and Andrew Russel bought a controlling interest in the business, Ayers Bank was one of the state's leading financial institutions.

[2] The Farmers State Bank & Trust Company bought the building for $53,000 at a foreclosure sale in 1939.

The upper floors were rented to a series of dentists, physicians, and other professionals until 1985, when Farmers renovated the entire building for its exclusive use.

[2] The building is in the Renaissance Revival style with a brick and cut stone exterior and a terra cotta egg-and-dart cornice.

This article about a property in Morgan County, Illinois on the National Register of Historic Places is a stub.