Vitals
  • Total Assets
    57.8M -3.3 %
  • Total Deposits
    49.8M -4.7 %
  • Total Net Loans
    46.6M 4.2 %
  • Net Income
    622000.0000 12.9 %
  • Book Value
    6.7M 15.0 %
  • Book Value x2
    13.3M 15.0 %
  • Book Value x3
    20.0M 15.0 %
ROAA

1.082

ROAE

9.684

Efficiency Ratio

73.951

Net Interest Margin

4.135

Balance Sheet Highlights
Financial Highlights First Farmers & Merchants State Bank Of Grand Meadow All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 57,792 147,703
Total Net Loans 46,575 97,223
Total Deposits 49,756 126,600
Total Equity 6,655 15,565
Profitability
Net Income 622 1,683
Return on Average Assets 1.082 1.08
Return on Average Equity 9.684 9.905
Net Interest Margin 4.135 3.845
Efficiency Ratio 73.951 68.21
Noninterest Income/Revenue 6.128 13.68
Balance Sheet Ratios
Loan-to-Deposit 93.607 75.205
Securities/Assets .114 .174
Total Equity/Total Assets .115 .105
Tangible Equity/Tangible Assets .115 .103
Capital Adequacy
Tier 1 Common Capital 6,638 15,225
Tier 1 Capital 6,638 15,232
Tier 2 Capital 471 1,135
Total Capital 7,109 16,386
Total Risk Weighted Assets 48,441 105,251
Leverage Ratio 11.28 10.475
Common Equity Tier 1 Capital Ratio 13.7 15.3
Tier 1 Capital Ratio 13.7 15.308
Total Capital Ratio 14.68 16.398

Timeline for First Farmers & Merchants State Bank Of Grand Meadow

215 Holding Co.

215 Holding Co. became a new parent organization for First Farmers & Merchants State Bank Of Grand Meadow.

View Profile Aug 02 1994

Southeast Bancorporation

Southeast Bancorporation became a new parent organization for First Farmers & Merchants State Bank Of Grand Meadow.

View Profile Aug 29 1979

First Farmers & Merchants State Bank Of Grand Meadow

First Farmers & Merchants State Bank Of Grand Meadow was established 86 years ago and is currently headquartered in Grand Meadow, MN.

Apr 09 1938
Relationships Role Relationship Start Relationship End
215 Holding Co. Parent 8/2/1994
Southeast Bancorporation Parent 12/31/1984 8/1/1994
Southeast Bancorporation Parent 8/29/1979 12/30/1984
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