BanksFIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW

FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW

GRAND MEADOW, MNMicroEst. April 9, 1938, midnightFDIC #15621RSSD #77150FDIC
Latest · 2025-12-31

FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW is an 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%. CET1 capital ratio: 11.73%, well above regulatory minimums. NPL ratio: 0.60% · Texas Ratio: 4.71%. Operates 3 domestic branches.

Assets
$98M
Deposits
$88M
Loans
$71M
Equity
$8M

Profitability

Return on Assets (ROA)0.78%
Return on Equity (ROE)9.35%
Net Interest Margin4.33%
Yield on Assets6.34%
Cost of Funds2.03%

Asset Quality

NPL Ratio0.60%
Net Charge-Off Ratio-0.01%
Texas Ratio4.71%
NPA Ratio0.44%
ACL / Loans1.39%

Capital & Liquidity

CET1 Ratio11.73%
Tier 1 Capital11.73%
Total Capital Ratio12.98%
Leverage Ratio8.84%
Loan-to-Deposit80.27%

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