First Farmers and Merchants Bank is headquartered in Columbia and is the 10th largest bank in the state of Tennessee. It is also the 542nd largest bank in the nation. It was established in 1909 and as of June of 2022, it had grown to 240 employees at 24 locations. First Farmers and Merchants Bank has an A health rating.
|FDIC Certificate #||1487|
|Return on Assets - YTD||0.83%|
|Return on Equity - YTD||12.91%|
|Annual Interest Income||$23.8MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$2.01B$1.88B|
|Loans||Q2 2022vs Q2 2021||$933.0MM$900.2MM|
|Deposits||Q2 2022vs Q2 2021||$1.88B$1.70B|
|Equity Capital||Q2 2022vs Q2 2021||$109.2MM$161.6MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$9.4MM$9.6MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$1.6MM$1.1MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$0|
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