Vitals
  • Total Assets
    290.9M 5.9 %
  • Total Deposits
    249.4M 6.3 %
  • Total Net Loans
    208.3M 6.4 %
  • Net Income
    4.3M -3.4 %
  • Book Value
    38.2M 4.4 %
  • Book Value x2
    76.4M 4.4 %
  • Book Value x3
    114.6M 4.4 %
ROAA

1.535

ROAE

11.302

Efficiency Ratio

64.956

Net Interest Margin

4.17

Balance Sheet Highlights
Financial Highlights First Farmers & Merchants Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 290,910 147,703
Total Net Loans 208,343 97,223
Total Deposits 249,369 126,600
Total Equity 38,211 15,565
Profitability
Net Income 4,258 1,683
Return on Average Assets 1.535 1.08
Return on Average Equity 11.302 9.905
Net Interest Margin 4.17 3.845
Efficiency Ratio 64.956 68.21
Noninterest Income/Revenue 19.247 13.68
Balance Sheet Ratios
Loan-to-Deposit 83.548 75.205
Securities/Assets .13 .174
Total Equity/Total Assets .131 .105
Tangible Equity/Tangible Assets .122 .103
Capital Adequacy
Tier 1 Common Capital 35,992 15,225
Tier 1 Capital 35,992 15,232
Tier 2 Capital 2,027 1,135
Total Capital 38,019 16,386
Total Risk Weighted Assets 228,655 105,251
Leverage Ratio 12.66 10.475
Common Equity Tier 1 Capital Ratio 15.74 15.3
Tier 1 Capital Ratio 15.74 15.308
Total Capital Ratio 16.63 16.398

Timeline for First Farmers & Merchants Bank

First Farmers & Merchants National Bank

Acquisition: First Farmers & Merchants Bank acquired a new subsidiary, First Farmers & Merchants National Bank, 10 years

View Profile Aug 24 2013

215 Holding Co.

215 Holding Co. became a new parent organization for First Farmers & Merchants Bank.

View Profile Nov 17 2010

Goodhue State Bank

Acquisition: First Farmers & Merchants Bank acquired a new subsidiary, Goodhue State Bank, 27 years

View Profile Sep 21 1996

Bancmidwest Corporation

Bancmidwest Corporation became a new parent organization for First Farmers & Merchants Bank.

View Profile Jun 12 1981

First Farmers & Merchants Bank

First Farmers & Merchants Bank was established 108 years ago and is currently headquartered in Cannon Falls, MN.

Jun 21 1915
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Farmers & Merchants National Bank Seller 111,560 Pooling of Interests Discontinued 8/24/2013
Goodhue State Bank Seller 24,122 Pooling of Interests Discontinued 9/21/1996
Relationships Role Relationship Start Relationship End
215 Holding Co. Parent 11/17/2010
Bancmidwest Corporation Parent 5/17/2002 11/16/2010
Bancmidwest Corporation Parent 9/22/1996 5/16/2002
Bancmidwest Corporation Parent 11/18/1991 9/21/1996
Bancmidwest Corporation Parent 10/3/1988 11/17/1991
Bancmidwest Corporation Parent 6/30/1985 10/2/1988
Bancmidwest Corporation Parent 6/30/1984 6/29/1985
Bancmidwest Corporation Parent 6/30/1982 6/29/1984
Bancmidwest Corporation Parent 6/12/1981 6/29/1982
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