First & Farmers National Bank, Inc.
BankRegReports is independent of First & Farmers National Bank, Inc. and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
First & Farmers National Bank, Inc. is an FDIC-insured commercial bank headquartered in Somerset, KY, established in 1903 (FDIC certificate 2738), and it is supervised by the OCC. At Q2 2026 it reported total assets of $714.2M, up 9.1% from Q2 2025, the 25th largest of 120 banks headquartered in Kentucky. Its CET1 capital ratio was 14.61% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 2738
- Headquarters
- Somerset, KY
- Established
- 1903
- Total assets, Q2 2026
- $714.2M
- Assets vs Q2 2025
- +9.1%
- CET1 ratio, Q2 2026
- 14.61%
- Domestic offices
- 11 FDIC institution directory, current count
- Routing number
- 083903108
- Latest call report
- Q2 2026, FFIEC 051 · First & Farmers National Bank, Inc. call report
- Holding company
- ALBANY BANCORP, INC.
- Asset rank in state
- 25th of 120 in Kentucky
Problem loans are rising at First & Farmers National Bank, Inc.. Based in Somerset, Kentucky, it had $714 million in assets at June 30, 2026, up 9.1% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.77% of loans from 0.27% a year earlier. It grew deposits 13.4% over the year, about triple the median of 4.0% for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 49 cents to bring in each dollar of revenue, lower than about three-quarters of banks its size (median 61 cents).
Net income for the quarter rose 14% from a year earlier, to $2.7 million. Over the same year, loans grew 6.0% and deposits grew 13.4%.
As of June 30, 2026, First & Farmers National Bank, Inc. reported a CET1 capital ratio of 14.61%, a return on assets of 1.53%, a nonperforming-loan ratio of 0.77% and a Texas ratio of 4.59%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First & Farmers National Bank, Inc. is the 25th largest of the 120 banks headquartered in Kentucky. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 5.1% to $714.2M, loans rose 3.0% and deposits rose 6.6%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 57.6% of total loans, ahead of owner-occupied commercial real estate loans at 12.7%. Its 11 offices in the FDIC Summary of Deposits are in 7 cities in KY; its Somerset 3 offices book 34% of its branch deposits. Judged on its Q2 2026 call report, First & Farmers National Bank, Inc. meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 2020 S Highway 27, Somerset, KY 42501
- County
- Pulaski
- Metro Area
- Somerset, KY
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- October 15, 1903
- Domestic offices
- 11 FDIC institution directory, current count
- Employees (FTE)
- 117
- Domestic deposits
- $630.7M
- Allowance for credit losses
- $7.6M
- Net charge-offs (YTD)
- $112K
- Average total assets
- $699.8M
- Average total loans
- $490.8M
- Average interest-bearing deposits
- $430.9M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 2738
- Fed RSSD
- 721949
- Website
- www.firstandfarmers.com →
- Parent Holding Company
- ALBANY BANCORP, INC. (RSSD 2022444)
- Ultimate Parent
- PINE KNOB HOLDINGS, LLC (RSSD 5623570)
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
Over the 12 quarters to Q2 2026, First & Farmers National Bank, Inc.'s total assets ran between $642.6M (Q3 2023) and $714.2M (Q2 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
$714.2M total assets against $654.6M; $635.8M total liabilities against $581.2M.
$487.5M net loans and leases against $459.9M; $630.7M total deposits against $556.0M.
$160.1M securities against $145.0M; $43.5M cash and balances due against $24.7M.
$9.1M total interest income against $8.4M; $2.1M total interest expense against $2.0M.
$7.1M net interest income against $6.4M.
$823K total noninterest income against $767K; $4.4M total noninterest expense against $4.2M.
$95K provision for credit losses against $10K.
$2.7M net income against $2.3M.
1.53% return on assets against 1.41%; 4.23% net interest margin against 4.08%.
14.61% CET1 capital ratio against 14.43%; 11.51% tier 1 leverage ratio against 11.43%.
Inside the full First & Farmers National Bank, Inc. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst & Farmers National Bank, Inc. rankings
Its closest position to the top of a national ranking is 725 of 3,606, for efficiency ratio; its furthest is 972 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.99% (Q3 2024) to 1.53% (Q2 2026) and its net interest margin ran from 3.64% (Q3 2024) to 4.23% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.61% | 1.53% | 0.77% | 4.59% | 4.23% |
| Q1 2026 | 14.73% | 1.47% | 0.81% | 4.84% | 4.16% |
| Q4 2025 | 14.47% | 1.43% | 0.97% | 5.86% | 4.19% |
| Q3 2025 | 14.89% | 1.39% | 0.93% | 5.47% | 4.07% |
| Q2 2025 | 14.43% | 1.41% | 0.27% | 1.63% | 4.08% |
| Q1 2025 | 13.96% | 1.17% | 0.17% | 1.09% | 3.77% |
| Q4 2024 | 13.82% | 1.22% | 0.23% | 1.51% | 3.91% |
| Q3 2024 | 14.11% | 0.99% | 0.20% | 1.25% | 3.64% |
Swipe the table sideways to see every column.
Branch Network
View all 11 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 National Bank, Inc. (main office) | Somerset , KY | 42501 | $153.2M |
| Columbia Downtown Branch | Columbia , KY | 42728 | $100.5M |
| 200 South Washington Street Branch | Albany , KY | 42602 | $97.2M |
| Burkesville Branch | Burkesville , KY | 42717 | $78.4M |
| Wright Drive Branch | Columbia , KY | 42728 | $37.8M |
| Somerset Plaza Branch | Somerset , KY | 42503 | $37.2M |
| Nancy Branch | Nancy , KY | 42544 | $35.6M |
| Albany Branch | Albany , KY | 42602 | $34.0M |
| Somerset North Main Street Branch | Somerset , KY | 42501 | $23.9M |
| Russell Springs Branch | Russell Springs , KY | 42642 | $19.2M |
| Burnside Branch | Burnside , KY | 42519 | $13.6M |
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 |
|---|---|---|---|
| February 16, 2008 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 16, 2008 | Structure Change | Acquired First & Farmers Bank, Inc. 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 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 4 against individuals associated with it
- Period: Most recent action October 12, 2007. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.5% of deposits in KY, rank 38 of 152 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $98K approved, $98K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2000 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows First & Farmers National Bank, Inc.’s latest filed figures and updates each quarter.
Similar banks
Compare First & Farmers National Bank, Inc. with peers
Frequently asked about First & Farmers National Bank, Inc.
What are First & Farmers National Bank, Inc.'s total assets?
As of the Q2 2026 filing, First & Farmers National Bank, Inc. reported total assets of $714.2 million in its FFIEC call report.
Where is First & Farmers National Bank, Inc. headquartered?
It is headquartered in Somerset, KY, United States.
When was First & Farmers National Bank, Inc. founded?
It was established in 1903, per the FDIC institution directory.
Is First & Farmers National Bank, Inc. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #2738). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First & Farmers National Bank, Inc.?
First & Farmers National Bank, Inc.'s primary federal regulator is the OCC.
What is First & Farmers National Bank, Inc.'s CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.61% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First & Farmers National Bank, Inc. operate?
It operates 11 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 National Bank, Inc.'s Texas Ratio?
Its Texas Ratio is 4.59% 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.
Go deeper on First & Farmers National Bank, Inc.
Get an email when First & Farmers National Bank, Inc. files its next call report, and benchmark it against any peer you choose.
Unlock First & Farmers National Bank, Inc., freeFree account