First Farmers and Merchants Bank is headquartered in COLUMBIA and is the 14th largest bank in the state of Tennessee. It is also the 657th largest bank in the nation. It was established in 1909 and as of March of 2025, it had grown to 250 employees at 24 locations. First Farmers and Merchants Bank has a B+ health rating.
Overall | |
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FDIC Certificate # | 1487 |
Year Established | 1909 |
Employees | 250 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.04% |
Return on Equity - YTD | 12.82% |
Annual Interest Income | $16.4MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $1.77B$1.88B |
Loans | Q1 2025vs Q1 2024 | $995MM$1.01B |
Deposits | Q1 2025vs Q1 2024 | $1.61B$1.57B |
Equity Capital | Q1 2025vs Q1 2024 | $149MM$124.8MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $8.2MM$7.8MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.3MM$945K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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