Vitals
  • Total Assets
    183.1M 0.6 %
  • Total Deposits
    123.9M 0.5 %
  • Total Net Loans
    119.0M -6.4 %
  • Net Income
    1.1M -1.1 %
  • Book Value
    19.3M 3.7 %
  • Book Value x2
    38.6M 3.7 %
  • Book Value x3
    57.9M 3.7 %
ROAA

1.144

ROAE

10.843

Efficiency Ratio

51.45

Net Interest Margin

3.306

Balance Sheet Highlights
Financial Highlights First Farmers State Bank All Insured Commercial Banks in Indiana
Balance Sheet $(000)
Total Assets 183,071 265,504
Total Net Loans 118,954 175,164
Total Deposits 123,948 206,063
Total Equity 19,300 25,263
Profitability
Net Income 1,051 2,083
Return on Average Assets 1.144 1
Return on Average Equity 10.843 10.084
Net Interest Margin 3.306 3.933
Efficiency Ratio 51.45 65.757
Noninterest Income/Revenue 15.705 16.256
Balance Sheet Ratios
Loan-to-Deposit 95.971 83.454
Securities/Assets .229 .416
Total Equity/Total Assets .105 .095
Tangible Equity/Tangible Assets .104 -.185
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 18,828 23,786
Tier 2 Capital 1,542 2,098
Total Capital 20,370 25,882
Total Risk Weighted Assets 122,983 184,557
Leverage Ratio 10.34 9.629
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 15.31 14.401
Total Capital Ratio 16.56 15.562

Timeline for First Farmers State Bank

First Financial Bank, National Association

First Farmers State Bank was acquired by First Financial Bank, National Association 19 years

View Profile Sep 19 2004

Worthington State Bank

Acquisition: First Farmers State Bank acquired a new subsidiary, Worthington State Bank, 32 years

View Profile Nov 15 1991

First Financial Corporation

First Financial Corporation became a new parent organization for First Farmers State Bank.

View Profile Dec 29 1987

Fsb Corporation

Fsb Corporation became a new parent organization for First Farmers State Bank.

View Profile Mar 31 1985

First Farmers State Bank

First Farmers State Bank was established 68 years ago and is currently headquartered in Sullivan, IN.

Aug 13 1955
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Financial Bank, National Association Buyer 2,925,852 Pooling of Interests Discontinued 9/19/2004
Worthington State Bank Seller 36,646 Failure 11/15/1991
Relationships Role Relationship Start Relationship End
First Financial Corporation Parent 12/29/1987 9/18/2004
Fsb Corporation Parent 3/31/1985 12/28/1987
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