First Farmers & Merchants National Bank
Le Sueur, MN — Domestic Branch of a Domestic Bank
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Total Assets111.6M 1.9 %
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Total Deposits92.3M 0.9 %
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Total Net Loans75.8M 4.9 %
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Net Income87000.0000 -89.8 %
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Book Value14.1M 0.5 %
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Book Value x228.3M 0.5 %
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Book Value x342.4M 0.5 %
Financial Highlights | First Farmers & Merchants National Bank | All Insured Commercial Banks in Minnesota |
Balance Sheet $(000) | ||
Total Assets | 111,560 | 124,763 |
Total Net Loans | 75,838 | 77,531 |
Total Deposits | 92,341 | 107,014 |
Total Equity | 14,144 | 12,772 |
Profitability | ||
Net Income | 87 | 633 |
Return on Average Assets | .16 | .963 |
Return on Average Equity | 1.224 | 9.172 |
Net Interest Margin | 4.095 | 3.803 |
Efficiency Ratio | 66.053 | 71.234 |
Noninterest Income/Revenue | 16.513 | 13.592 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 82.128 | 69.452 |
Securities/Assets | .19 | .199 |
Total Equity/Total Assets | .127 | .102 |
Tangible Equity/Tangible Assets | .104 | .101 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 11,038 | 12,339 |
Tier 2 Capital | 861 | 990 |
Total Capital | 11,899 | 13,353 |
Total Risk Weighted Assets | 85,986 | 86,555 |
Leverage Ratio | 10.39 | 9.956 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12.84 | 15.371 |
Total Capital Ratio | 13.84 | 16.501 |
Timeline for First Farmers & Merchants National Bank
First Farmers & Merchants Bank
First Farmers & Merchants National Bank was acquired by First Farmers & Merchants Bank 10 years
View Profile Aug 24 2013Valley Bancorporation, Inc.
Acquisition: First Farmers & Merchants National Bank acquired a new subsidiary, Valley Bancorporation, Inc. , 27 years
View Profile Nov 15 1996215 Holding Co.
215 Holding Co. became a new parent organization for First Farmers & Merchants National Bank.
View Profile Nov 15 1996Valley Bancorporation, Inc.
Valley Bancorporation, Inc. became a new parent organization for First Farmers & Merchants National Bank.
View Profile May 16 1980First Farmers & Merchants National Bank
First Farmers & Merchants National Bank was established 90 years ago and is currently headquartered in Le Sueur, MN.
Oct 28 1933Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First Farmers & Merchants Bank | Buyer | 277,599 | Pooling of Interests | Discontinued | 8/24/2013 |
Valley Bancorporation, Inc. | Seller | Acquisition | Discontinued | 11/15/1996 |
Relationships | Role | Relationship Start | Relationship End |
215 Holding Co. | Parent | 12/31/2003 | 8/23/2013 |
215 Holding Co. | Parent | 4/17/2000 | 12/30/2003 |
215 Holding Co. | Parent | 11/15/1996 | 4/16/2000 |
Valley Bancorporation, Inc. | Parent | 10/17/1995 | 11/14/1996 |
Valley Bancorporation, Inc. | Parent | 3/17/1992 | 10/16/1995 |
Valley Bancorporation, Inc. | Parent | 11/8/1991 | 3/16/1992 |
Valley Bancorporation, Inc. | Parent | 10/8/1991 | 11/7/1991 |
Valley Bancorporation, Inc. | Parent | 12/31/1989 | 10/7/1991 |
Valley Bancorporation, Inc. | Parent | 12/31/1983 | 12/30/1989 |
Valley Bancorporation, Inc. | Parent | 12/31/1982 | 12/30/1983 |
Valley Bancorporation, Inc. | Parent | 5/16/1980 | 12/30/1982 |
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