FIRST FARMERS & MERCHANTS BANK
FIRST FARMERS & MERCHANTS BANK is an FDIC-insured commercial bank headquartered in CANNON FALLS, MN, established in 1915. As of , the bank reported total assets of $490M and total deposits of $442M. Profitability stands at 1.10% ROA and 12.72% ROE, with a net interest margin of 3.99%. CET1 capital ratio: 13.60%, well above regulatory minimums. NPL ratio: 0.01% · Texas Ratio: 0.07%. Operates 7 domestic branches.
Capital & Liquidity
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Watch flags
Automated conditions triggered on this bank's latest filing. Advisory only — see the source metric pages for full context.
More than half of deposits are uninsured (above the $250K FDIC threshold). Worth understanding the depositor concentration in stressed scenarios.
First Farmers & Merchants Bank rankings
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Quarterly trend — last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| 2025-12-31 | 13.60% | 1.10% | 0.01% | 0.07% | 3.99% |
| 2025-09-30 | 13.10% | 1.11% | 0.01% | 0.07% | 4.00% |
| 2025-06-30 | 13.09% | 1.06% | 0.01% | 0.06% | 3.87% |
| 2025-03-31 | 13.33% | 0.88% | 0.01% | 0.06% | 3.64% |
| 2024-12-31 | 13.13% | 0.77% | 0.01% | 0.06% | 3.34% |
| 2024-09-30 | 12.74% | 0.47% | 0.01% | 0.06% | 3.07% |
| 2024-06-30 | 12.65% | 0.41% | 0.00% | 0.00% | 2.95% |
| 2024-03-31 | 12.86% | 0.46% | 0.00% | 0.00% | 2.81% |
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Frequently asked about FIRST FARMERS & MERCHANTS BANK
What are First Farmers & Merchants Bank's total assets?
As of the Q4 2025 filing, First Farmers & Merchants Bank reported total assets of $489.6 million in its most recent FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is First Farmers & Merchants Bank headquartered?
First Farmers & Merchants Bank is headquartered in CANNON FALLS, MN, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was First Farmers & Merchants Bank founded?
First Farmers & Merchants Bank was established in 1915, per the FDIC institution directory.
Is First Farmers & Merchants Bank FDIC-insured?
Yes. First Farmers & Merchants Bank is an FDIC-insured commercial bank (FDIC Certificate #10168). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Farmers & Merchants Bank?
First Farmers & Merchants Bank's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is First Farmers & Merchants Bank's CET1 capital ratio?
First Farmers & Merchants Bank reported a Common Equity Tier 1 (CET1) capital ratio of 13.60% in its most recent quarterly filing — comfortably above the 7% well-capitalized regulatory floor.
How many branches does First Farmers & Merchants Bank operate?
First Farmers & Merchants Bank operates 7 domestic branches, per the most recent FDIC Summary of Deposits filing.
What is First Farmers & Merchants Bank's Texas Ratio?
First Farmers & Merchants Bank's Texas Ratio is 0.07% — within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; see our /glossary/texas-ratio/ page for the full definition.