Vitals
  • Total Assets
    165.2M -2.0 %
  • Total Deposits
    137.8M -2.8 %
  • Total Net Loans
    144.4M 5.6 %
  • Net Income
    3.3M 38.9 %
  • Book Value
    25.4M 7.0 %
  • Book Value x2
    50.8M 7.0 %
  • Book Value x3
    76.2M 7.0 %
ROAA

1.98

ROAE

13.433

Efficiency Ratio

68.078

Net Interest Margin

4.462

Balance Sheet Highlights
Financial Highlights First Farmers & Merchants National Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 165,165 147,703
Total Net Loans 144,353 97,223
Total Deposits 137,840 126,600
Total Equity 25,411 15,565
Profitability
Net Income 3,323 1,683
Return on Average Assets 1.98 1.08
Return on Average Equity 13.433 9.905
Net Interest Margin 4.462 3.845
Efficiency Ratio 68.078 68.21
Noninterest Income/Revenue 33.619 13.68
Balance Sheet Ratios
Loan-to-Deposit 104.725 75.205
Securities/Assets .032 .174
Total Equity/Total Assets .154 .105
Tangible Equity/Tangible Assets .154 .103
Capital Adequacy
Tier 1 Common Capital 25,379 15,225
Tier 1 Capital 25,379 15,232
Tier 2 Capital 1,463 1,135
Total Capital 26,842 16,386
Total Risk Weighted Assets 158,969 105,251
Leverage Ratio 15.13 10.475
Common Equity Tier 1 Capital Ratio 15.96 15.3
Tier 1 Capital Ratio 15.96 15.308
Total Capital Ratio 16.89 16.398

Timeline for First Farmers & Merchants National Bank

215 Holding Co.

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

View Profile Oct 29 1987

First Bank (N.A.) - Pipestone

Acquisition: First Farmers & Merchants National Bank acquired a new subsidiary, First Bank (N.A.) - Pipestone, 39 years

View Profile Oct 01 1984

U.S. Bancorp

U.S. Bancorp became a new parent organization for First Farmers & Merchants National Bank.

View Profile May 09 1956

First Farmers & Merchants National Bank

First Farmers & Merchants National Bank was established 93 years ago and is currently headquartered in Luverne, MN.

Jan 01 1931
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Bank (N.A.) - Pipestone Seller 29,675 Discontinued 10/1/1984
Relationships Role Relationship Start Relationship End
215 Holding Co. Parent 12/31/2003
215 Holding Co. Parent 12/31/1989 12/30/2003
215 Holding Co. Parent 10/29/1987 12/30/1989
U.S. Bancorp Parent 12/31/1983 10/28/1987
U.S. Bancorp Parent 12/31/1982 12/30/1983
U.S. Bancorp Parent 12/31/1976 12/30/1982
U.S. Bancorp Parent 12/31/1974 12/30/1976
U.S. Bancorp Parent 5/9/1956 12/30/1974
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