First Farmers and Merchants Bank

First Farmers and Merchants Bank is headquartered in Columbia and is the 9^th largest bank in the state of Tennessee. It is also the 633^rd largest bank in the nation. It was established in 1909 and as of March of 2012, it had grown to 256 employees at 20 locations. First Farmers and Merchants Bank has a 4-star health rating.

First Farmers and Merchants Bank CD Rates

Data for Q1 2012

Institution Statistics First Farmers and Merchants Bank FDIC Certificate # 1487 BankRate Report View Year Established 1909 Employees 256 Primary Regulator FED Assets and Liabilities Assets $1.05 billion Loans $498.47 million Deposits $900.44 million Equity Capital $109.26 million Loan Loss Allowance $8.70 million Unbacked Noncurrent Loans $12.96 million Real Estate Owned $7.63 million Historic Data - March 2011 Assets $954.94 million Equity Capital $103.66 million Loan Loss Allowance $7.69 million Unbacked Noncurrent Loans $13.85 million Real Estate Owned $7.72 million Profit Margin - Quarterly Net Interest Margin 3.47% Return on Assets 0.92% Return on Equity 8.7% Interest Income $9.18 million

Institution Health Overall Score: 4 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 Farmers and Merchants Bank had $20.59 million in non-current loans and owned real-estate with $117.95 million in equity and loan loss allowances on hand to cover it. This gives First Farmers and Merchants Bank a Texas Ratio of 17.46% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Farmers and Merchants Bank held steady from 19.16% as of March 31, 2011 to 17.46% as of March 31, 2012, resulting in a positive change of 8.87%.This indicates that the balance sheet and financial strength for First Farmers and Merchants Bank has held steady in recent periods. Deposit Growth In the past year, First Farmers and Merchants Bank has increased its total deposits by $85.12 million, resulting in 10.44% 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 Farmers and Merchants Bank has shown is excellent. 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 Farmers and Merchants Bank has $1.05 billion in assets with $117.95 million in equity, resulting in a capitalization level of 11.23%, which is above average.

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