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First Farmers & Merchants Bank Locations & Branches Cannon Falls, Minnesota
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First Farmers & Merchants Bank operates 7 branches from its headquarters in Cannon Falls, MN, .
First Farmers & Merchants Bank branch network
All 7 branches are in MINNESOTA, across 5 cities. Cannon Falls, MN has the most of its branches, 3. Its largest office by deposits is its main office in Cannon Falls, MN, with $142.9M (32.7% of its branch deposits). It had the same number of branches on June 30, 2025.
First Farmers & Merchants Bank at a glance
Its CET1 capital ratio was 14.04% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Total assets, Q2 2026
- $486.4M
- CET1 ratio, Q2 2026
- 14.04%
- Deposit insurance
- FDIC
- Regulator
- FDIC
- Latest call report
- Q2 2026, FFIEC 041
- Established
- 1915
Full financial profile · Is First Farmers & Merchants Bank safe? · First Farmers & Merchants Bank call report · Routing number
Deposit market share
Share of all FDIC-insured deposits held in each area, from the June 30, 2026 Summary of Deposits. Rank 1 is the largest holder. Shares are by bank charter, not by holding company.
| Area | Rank | Deposit share | Deposits |
|---|---|---|---|
| City: Cannon Falls, MN (3 branches) | 1 of 3 | 45.7% | $176.0M |
| State: MN (7 branches) | 70 of 277 | 0.1% | $436.8M |
Ranked by total assets among banks headquartered in the state: Largest banks in Minnesota.
Share by county and metro area
First Farmers & Merchants Bank's share of FDIC-insured deposits in the counties and metro areas where it has branches, from the June 30, 2026 Summary of Deposits. Up to the ten largest of each are shown, by the bank's deposits. Rank 1 is the largest holder. Banks only: credit unions are not in the Summary of Deposits.
Counties
| County | Rank | Deposit share | Deposits | County total |
|---|---|---|---|---|
| Goodhue, MN (6 branches) | 1 of 12 | 24.6% | $356.8M | $1.45B |
| Le Sueur, MN (1 branch) | 6 of 8 | 9.9% | $80.0M | $810.4M |
Metro areas
| Metro area | Rank | Deposit share | Deposits | Metro total |
|---|---|---|---|---|
| Red Wing, MN (6 branches) | 1 of 12 | 24.6% | $356.8M | $1.45B |
| Minneapolis-St. Paul-Bloomington, MN-WI (1 branch) | 102 of 124 | <0.1% | $80.0M | $252.68B |
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First Farmers & Merchants Bank (main office) | Cannon Falls, MN | 55009 | $142.9M |
| Goodhue Branch | Goodhue, MN | 55027 | $88.7M |
| Red Wing Branch | Red Wing, MN | 55066 | $87.7M |
| Le Sueur Branch | Le Sueur, MN | 56058 | $80.0M |
| White Rock Branch | Cannon Falls, MN | 55009 | $33.1M |
| Bellechester Branch | Bellchester, MN | 55027 | $4.5M |
| Cannon Falls Family Fare Branch | Cannon Falls, MN | 55009 | $0 |
Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.
Regulator records: FDIC BankFind (cert 10168) · FFIEC NIC profile (RSSD 217059)