Vitals
  • Total Assets
    110.8M 7.1 %
  • Total Deposits
    86.0M 8.5 %
  • Total Net Loans
    87.2M 5.5 %
  • Net Income
    1.2M 15.6 %
  • Book Value
    13.7M 4.3 %
  • Book Value x2
    27.3M 4.3 %
  • Book Value x3
    41.0M 4.3 %
ROAA

1.132

ROAE

8.739

Efficiency Ratio

66.523

Net Interest Margin

4.027

Balance Sheet Highlights
Financial Highlights First Farmers & Merchants National Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 110,759 147,703
Total Net Loans 87,184 97,223
Total Deposits 85,966 126,600
Total Equity 13,658 15,565
Profitability
Net Income 1,179 1,683
Return on Average Assets 1.132 1.08
Return on Average Equity 8.739 9.905
Net Interest Margin 4.027 3.845
Efficiency Ratio 66.523 68.21
Noninterest Income/Revenue 7.13 13.68
Balance Sheet Ratios
Loan-to-Deposit 101.417 75.205
Securities/Assets .1 .174
Total Equity/Total Assets .123 .105
Tangible Equity/Tangible Assets .123 .103
Capital Adequacy
Tier 1 Common Capital 13,628 15,225
Tier 1 Capital 13,628 15,232
Tier 2 Capital 939 1,135
Total Capital 14,567 16,386
Total Risk Weighted Assets 90,133 105,251
Leverage Ratio 12.79 10.475
Common Equity Tier 1 Capital Ratio 15.12 15.3
Tier 1 Capital Ratio 15.12 15.308
Total Capital Ratio 16.16 16.398

Timeline for First Farmers & Merchants National Bank

Fairmont Federal Savings Association

Acquisition: First Farmers & Merchants National Bank acquired a new subsidiary, Fairmont Federal Savings Association, 33 years

View Profile Sep 08 1990

215 Holding Co.

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

View Profile Sep 08 1990

First Farmers & Merchants National Bank

First Farmers & Merchants National Bank was established 33 years ago and is currently headquartered in Fairmont, MN.

Sep 07 1990
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Fairmont Federal Savings Association Seller 34,222 Failure 9/8/1990
Relationships Role Relationship Start Relationship End
215 Holding Co. Parent 12/31/2003
215 Holding Co. Parent 9/8/1990 12/30/2003
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