Institution Statistics
| First FarmBank | | FDIC Certificate # | 58508 | | BankRate Report | View | | Year Established | 2007 | | Employees | 16 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $76.21 million | | Loans | $51.00 million | | Deposits | $62.18 million | | Equity Capital | $8.28 million | | Loan Loss Allowance | $755,000 |
Historic Data - March 2011 | | Assets | $74.84 million | | Equity Capital | $7.42 million | | Loan Loss Allowance | $677,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.64% | | Return on Assets | 1.02% | | Return on Equity | 9.55% | | Interest Income | $1.01 million |
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Institution Health
Overall Score:
5 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First FarmBank had $0 in non-current loans and owned real-estate with $9.04 million in equity and loan loss allowances on hand to cover it. This gives First FarmBank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, First FarmBank has increased its total deposits by $548,000, resulting in 0.89% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First FarmBank has shown is average. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First FarmBank has $76.21 million in assets with $9.04 million in equity, resulting in a capitalization level of 11.86%, which is above average. |
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