First Farmers Bank & Trust Co.
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Data as of · sourced from FFIEC call reports. How we update
First Farmers Bank & Trust Co. is an FDIC-insured commercial bank headquartered in Converse, IN, established in 1932 (FDIC certificate 12839), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $3.50B, up 5.5% from Q2 2025, the 12th largest of 87 banks headquartered in Indiana. Its CET1 capital ratio was 12.82% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 12839
- Headquarters
- Converse, IN
- Established
- 1932
- Total assets, Q2 2026
- $3.50B
- Assets vs Q2 2025
- +5.5%
- CET1 ratio, Q2 2026
- 12.82%
- Domestic offices
- 37 FDIC institution directory, current count
- Routing number
- 074911578
- Latest call report
- Q2 2026, FFIEC 041 · First Farmers Bank & Trust Co. call report
- Holding company
- FIRST FARMERS FINANCIAL CORPORATION
- Asset rank in state
- 12th of 87 in Indiana
First Farmers Bank & Trust Co. runs leaner than most banks of its size. Its balance sheet stood at $3.5 billion at June 30, 2026, up 5.5% from a year earlier; it is based in Converse, Indiana. It spends about 46 cents to bring in each dollar of revenue, lower than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 58 cents). It also returns 17.7% a year on shareholders' equity, higher than about three-quarters of banks its size (median 12.6%).
Earnings jumped: net income for the quarter was $15 million, 32% above the same quarter a year earlier. Its $428 million non-owner-occupied commercial real estate book is improving, with 0.23% past due or on nonaccrual, down from 1.08% a year earlier.
As of June 30, 2026, First Farmers Bank & Trust Co. reported a CET1 capital ratio of 12.82%, a return on assets of 1.67%, a nonperforming-loan ratio of 1.00% and a Texas ratio of 6.94%. The figures come from its call report filed with the FFIEC.
Of the 87 banks headquartered in Indiana, First Farmers Bank & Trust Co. is the 12th largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 1.6% to $3.50B, loans rose 1.4% and deposits fell 2.8%. Commercial and industrial loans made up 18.2% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 16.6%. Its 37 offices in the FDIC Summary of Deposits are in 31 cities across 2 states; its Kokomo 4 offices book 15% of its branch deposits. Judged on its Q2 2026 call report, First Farmers Bank & Trust Co. meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 123 N Jefferson St, Converse, IN 46919
- County
- Miami
- Metro Area
- Peru, IN
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- January 1, 1932
- Former names
- First Farmers Bank and Trust Company (1995-2020)
- Domestic offices
- 37 FDIC institution directory, current count
- Employees (FTE)
- 442
- Domestic deposits
- $3.03B
- Allowance for credit losses
- $42.3M
- Net charge-offs (YTD)
- -$183K
- Average total assets
- $3.54B
- Average total loans
- $2.53B
- Average interest-bearing deposits
- $2.59B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 12839
- Fed RSSD
- 139843
- Website
- www.ffbt.com →
- Parent Holding Company
- FIRST FARMERS FINANCIAL CORPORATION (RSSD 1249039)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First Farmers Bank & Trust Co.'s total assets ranged from $2.96B (Q3 2023) to $3.55B (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$3.50B total assets against $3.31B; $3.15B total liabilities against $3.02B.
$2.54B net loans and leases against $2.41B; $3.03B total deposits against $2.86B.
$694.8M securities against $627.1M; $115.1M cash and balances due against $130.6M.
$52.6M total interest income against $48.6M; $18.4M total interest expense against $18.7M.
$34.2M net interest income against $29.9M.
$5.0M total noninterest income against $4.1M; $18.2M total noninterest expense against $16.9M.
$2.6M provision for credit losses against $3.3M.
$14.8M net income against $11.2M.
1.67% return on assets against 1.36%; 4.04% net interest margin against 3.80%.
12.82% CET1 capital ratio against 12.18%; 10.06% tier 1 leverage ratio against 9.78%.
Inside the full First Farmers Bank & Trust Co. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
First Farmers Bank & Trust Co. rankings
Its closest position to the top of a national ranking is 363 of 4,196, for total assets; its furthest is 1,462 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.12% (Q3 2024) to 1.67% (Q2 2026) and its net interest margin ran from 3.63% (Q3 2024) to 4.04% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.82% | 1.67% | 1.00% | 6.94% | 4.04% |
| Q1 2026 | 12.45% | 1.60% | 0.89% | 6.19% | 3.83% |
| Q4 2025 | 12.52% | 1.64% | 0.66% | 4.58% | 3.83% |
| Q3 2025 | 12.67% | 1.52% | 0.72% | 4.95% | 3.83% |
| Q2 2025 | 12.18% | 1.36% | 0.99% | 7.08% | 3.80% |
| Q1 2025 | 12.31% | 1.56% | 0.72% | 5.27% | 3.70% |
| Q4 2024 | 12.31% | 1.48% | 0.74% | 5.48% | 3.66% |
| Q3 2024 | 12.00% | 1.12% | 0.55% | 4.24% | 3.63% |
Swipe the table sideways to see every column.
Branch Network
View all 37 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First Farmers Bank & Trust Co. (main office) | Converse , IN | 46919 | $356.3M |
| Kokomo Square Branch | Kokomo , IN | 46901 | $280.6M |
| Logansport Branch | Logansport , IN | 46947 | $211.4M |
| Tipton Branch | Tipton , IN | 46072 | $205.1M |
| Peru River Branch | Peru , IN | 46970 | $124.8M |
| Carmel Branch | Carmel , IN | 46032 | $110.7M |
| Greentown Branch | Greentown , IN | 46936 | $102.6M |
| Marion Branch | Marion , IN | 46952 | $91.5M |
| Kokomo Central Branch | Kokomo , IN | 46902 | $90.4M |
| Paris East Branch | Paris , IL | 61944 | $86.3M |
| Elwood Branch | Elwood , IN | 46036 | $85.2M |
| 32 South Court Street Branch | Sullivan , IN | 47882 | $84.6M |
| Wabash Branch | Wabash , IN | 46992 | $84.2M |
| The Citizens Exchange Bank Branch | Fairmount , IN | 46928 | $83.1M |
| Oakwood Branch | Oakwood , IL | 61858 | $74.6M |
| Hoopeston Branch | Hoopeston , IL | 60942 | $73.6M |
| Culver Branch | Culver , IN | 46511 | $68.9M |
| Galveston Branch | Galveston , IN | 46932 | $68.0M |
| Knox Branch | Knox , IN | 46534 | $58.0M |
| North Judson Keller Branch | North Judson , IN | 46366 | $56.3M |
| Sheridan Branch | Sheridan , IN | 46069 | $55.0M |
| Kokomo South Branch | Kokomo , IN | 46902 | $53.3M |
| Russiaville Branch | Russiaville , IN | 46979 | $52.4M |
| Flora Branch | Flora , IN | 46929 | $49.3M |
| Brazil Branch | Brazil , IN | 47834 | $48.0M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| April 1, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 1, 2016 | Structure Change | Acquired The Citizens Exchange Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 18, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| April 18, 2015 | Structure Change | Acquired Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 26, 2013 | Structure Change | Acquired Bank of Indiana, N.A. Sale of Assets for the acquired bank | FFIEC NIC |
| May 1, 2012 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 1, 2012 | Structure Change | Acquired The Citizens National Bank of Paris Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| December 5, 2009 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 5, 2009 | Structure Change | Acquired Central Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 1, 1995 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 1995 | Structure Change | Acquired another institution Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 1, 1975 | Structure Change | Acquired State Bank of Amboy Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 12 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.2% of deposits in IN, rank 21 of 129 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 1,331 applications, 906 loans originated, $185.7M originated, across 11 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $400K approved, $400K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First Farmers Bank & Trust Co.
What are First Farmers Bank & Trust Co.'s total assets?
As of the Q2 2026 filing, First Farmers Bank & Trust Co. reported total assets of $3.50 billion in its FFIEC call report.
Where is First Farmers Bank & Trust Co. headquartered?
It is headquartered in Converse, IN, United States.
When was First Farmers Bank & Trust Co. founded?
It was established in 1932, per the FDIC institution directory.
Is First Farmers Bank & Trust Co. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #12839). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Farmers Bank & Trust Co.?
First Farmers Bank & Trust Co.'s primary federal regulator is the Federal Reserve.
What is First Farmers Bank & Trust Co.'s CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 12.82% in its Q2 2026 call report, above regulatory requirements.
How many branches does First Farmers Bank & Trust Co. operate?
It operates 37 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Farmers Bank & Trust Co.'s Texas Ratio?
Its Texas Ratio is 6.94% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was First Farmers Bank & Trust Co. previously called?
The charter now named First Farmers Bank & Trust Co. has also operated as First Farmers Bank and Trust Company (1995-2020), per FDIC structure-change records.
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