|
 |
|
|
 First Farmers & Merchants Bank
First Farmers & Merchants Bank
| RSSD ID 217059 | CERTIFICATE 10168 | ABA NUMBER 91912330 |
| 920 4th St S |
Quarter Ended : |
2025-03-31 |
| Cannon Falls, Minnesota, 55009 |
Updated : |
2025-04-22 |
| www.ffmbank.com |
|
| Institution Profile |
| Year Opened : |
1915 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
7 |
Number of Employees : |
47 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 451,445 |
|
Total Interest Income | 5,276 |
| Total Liabilities | 412,862 |
|
Total NonInterest Income | 415 |
| Total Bank Equity Capital | 38,583 |
|
Total Interest Expense | 1,305 |
| Total Deposits | 409,835 |
|
Total NonInterest Expense | 2,379 |
| Net Loans & Leases | 281,337 |
|
Net Income | 993 |
| Loan Loss Allowance | 2,798 |
|
Net Charge Offs | (2) |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 46,559 |
|
Total loans | 279,321 |
| Total assets for the leverage ratio | 450,690 |
|
Loans secured by real estate: | 207,944 |
| Tier 1 Leverage Ratio | 9.69 |
|
Commercial and industrial loans | 44,404 |
| Tier 1 Capital Ratio | 13.33 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.22 |
|
Loans to individuals - Other | 5,394 |
|
|
|
|
:· First Farmers & Merchants Bank
