FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW

GRAND MEADOW, MN | Micro | Est. April 9, 1938, midnight | FDIC #15621 | RSSD #77150 | FDIC
Latest Report: 2025-12-31

FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW is amn micro FDIC-insured commercial bank headquartered in GRAND MEADOW, MN, established in April 9, 1938, midnight. As of 2025-12-31, the bank reported total assets of $98M and total deposits of $88M. Profitability stands at 0.78% ROA and 9.35% ROE, with a net interest margin of 4.33%. The bank's CET1 capital ratio is 11.73%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.60% and a Texas Ratio of 4.71%. FDIC Certificate #15621.

Assets

$98M

Deposits

$88M

Loans

$71M

Equity

$8M

Profitability

Return on Assets (ROA) 0.78%
Return on Equity (ROE) 9.35%
Net Interest Margin (NIM) 4.33%
Yield on Assets 6.34%
Cost of Funds 4.03%

Asset Quality

NPL Ratio 0.60%
Net Charge-Off Ratio -0.01%
Texas Ratio 4.71%
NPA Ratio 0.44%
ACL / Loans 1.39%

Capital & Liquidity

CET1 Ratio 11.73%
Tier 1 Capital 11.73%
Total Capital Ratio 12.98%
Leverage Ratio 8.84%
Loan-to-Deposit 80.27%

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