First Farmers and Merchants Bank is headquartered in Columbia and is the 11th largest bank in the state of Tennessee. It is also the 558th largest bank in the nation. It was established in 1909 and as of December of 2021, it had grown to 244 employees at 24 locations. First Farmers and Merchants Bank has an A health rating.
|FDIC Certificate #||1487|
|Return on Assets - YTD||0.84%|
|Return on Equity - YTD||9.99%|
|Annual Interest Income||$47.7MM|
|Assets and Liabilities|
|Assets||Q4 2021vs Q4 2020||$1.97B$1.80B|
|Loans||Q4 2021vs Q4 2020||$879.5MM$958.7MM|
|Deposits||Q4 2021vs Q4 2020||$1.79B$1.61B|
|Equity Capital||Q4 2021vs Q4 2020||$158.4MM$159.9MM|
|Loan Loss Allowance||Q4 2021vs Q4 2020||$9.6MM$9.7MM|
|Unbacked Noncurrent Loans||Q4 2021vs Q4 2020||$1.2MM$1.3MM|
|Real Estate Owned||Q4 2021vs Q4 2020||$0$0|
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