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 First Farmers & Merchants National Bank
First Farmers & Merchants National Bank
| RSSD ID 917854 | CERTIFICATE 5186 | ABA NUMBER 91216007 |
| 303 E Main St |
Quarter Ended : |
2025-12-31 |
| Luverne, Minnesota, 56156 |
Updated : |
2026-01-14 |
| www.ffmbank.com |
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| Institution Profile |
| Year Opened : |
1931 |
Institution Type : |
Commercial bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
Yes |
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 : |
26 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 243,815 |
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Total Interest Income | 12,422 |
| Total Liabilities | 219,141 |
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Total NonInterest Income | 337 |
| Total Bank Equity Capital | 24,674 |
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Total Interest Expense | 3,523 |
| Total Deposits | 215,065 |
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Total NonInterest Expense | 4,846 |
| Net Loans & Leases | 178,155 |
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Net Income | 2,663 |
| Loan Loss Allowance | 1,981 |
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Net Charge Offs | (3) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 29,650 |
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Total loans | 172,688 |
| Total assets for the leverage ratio | 251,243 |
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Loans secured by real estate: | 94,806 |
| Tier 1 Leverage Ratio | 11 |
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Commercial and industrial loans | 25,606 |
| Tier 1 Capital Ratio | 13.9 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.91 |
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Loans to individuals - Other | 1,751 |
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:· First Farmers & Merchants National Bank
