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 First Farmers & Merchants State Bank
First Farmers & Merchants State Bank
| RSSD ID 276654 | CERTIFICATE 1600 | ABA NUMBER 91206703 |
| 106 W Main St |
Quarter Ended : |
2025-06-30 |
| Brownsdale, Minnesota, 55918 |
Updated : |
2025-07-22 |
| www.ffmbank.com |
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| 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 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
2 |
Number of Employees : |
12 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 95,777 |
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Total Interest Income | 2,467 |
| Total Liabilities | 87,125 |
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Total NonInterest Income | 134 |
| Total Bank Equity Capital | 8,652 |
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Total Interest Expense | 659 |
| Total Deposits | 79,776 |
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Total NonInterest Expense | 1,232 |
| Net Loans & Leases | 73,463 |
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Net Income | (15) |
| Loan Loss Allowance | 1,318 |
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Net Charge Offs | 52 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 10,933 |
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Total loans | 74,826 |
| Total assets for the leverage ratio | 97,192 |
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Loans secured by real estate: | 46,811 |
| Tier 1 Leverage Ratio | 10.16 |
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Commercial and industrial loans | 13,021 |
| Tier 1 Capital Ratio | 11.74 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13 |
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Loans to individuals - Other | 392 |
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:· First Farmers & Merchants State Bank
