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 First Farmers & Merchants State Bank
First Farmers & Merchants State Bank
| RSSD ID 276654 | CERTIFICATE 1600 | ABA NUMBER 91206703 |
| 106 W Main St |
Quarter Ended : |
2025-12-31 |
| Brownsdale, Minnesota, 55918 |
Updated : |
2026-01-21 |
| www.ffmbank.com |
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| Institution Profile |
| Year Opened : |
1908 |
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 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
2 |
Number of Employees : |
11 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 93,676 |
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Total Interest Income | 4,945 |
| Total Liabilities | 84,638 |
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Total NonInterest Income | 264 |
| Total Bank Equity Capital | 9,038 |
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Total Interest Expense | 1,225 |
| Total Deposits | 81,514 |
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Total NonInterest Expense | 2,414 |
| Net Loans & Leases | 72,070 |
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Net Income | 161 |
| Loan Loss Allowance | 1,097 |
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Net Charge Offs | 705 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 11,059 |
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Total loans | 71,873 |
| Total assets for the leverage ratio | 93,335 |
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Loans secured by real estate: | 46,885 |
| Tier 1 Leverage Ratio | 10.77 |
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Commercial and industrial loans | 11,654 |
| Tier 1 Capital Ratio | 12.52 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.77 |
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Loans to individuals - Other | 462 |
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:· First Farmers & Merchants State Bank
