|
 |
 |
|
First Farmers & Merchants State Bank
|
First Farmers & Merchants State Bank
| RSSD ID 276654 | CERTIFICATE 1600 | ABA NUMBER 91206703 |
| 106 W Main St |
Quarter Ended : |
2026-03-31 |
| Brownsdale, Minnesota, 55918 |
Updated : |
2026-04-22 |
| www.ffmbank.com |
|
| Institution Profile |
| Year Opened : |
1908 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
|
| Specialization : |
Agricultural Specialization |
| Number of Offices : |
2 |
Number of Employees : |
9 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 96,583 |
|
Total Interest Income | 1,228 |
| Total Liabilities | 87,318 |
|
Total NonInterest Income | 64 |
| Total Bank Equity Capital | 9,265 |
|
Total Interest Expense | 256 |
| Total Deposits | 86,693 |
|
Total NonInterest Expense | 560 |
| Net Loans & Leases | 68,756 |
|
Net Income | 221 |
| Loan Loss Allowance | 1,164 |
|
Net Charge Offs | 9 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Total capital | 11,251 |
|
Total loans | 71,319 |
| Total assets for the leverage ratio | 95,304 |
|
Loans secured by real estate: | 46,021 |
| Tier 1 Leverage Ratio | 10.78 |
|
Commercial and industrial loans | 11,247 |
| Tier 1 Capital Ratio | 13.19 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.44 |
|
Loans to individuals - Other | 429 |
|
|
|
|