First Farmers Bank & Trust Company
Overview / Commentary
First Farmers Bank & Trust Company is headquartered in Converse and is the 14th largest bank in the state of Indiana. It is also the 447th largest bank in the nation. It was established in 1932 and as of June of 2022, it had grown to 358 employees at 35 locations. First Farmers Bank & Trust Company has an A health rating.
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Reviews (1)
Terrible Bank
Posted by: Joetiffkitts | Oct 30, 2020
Do not bank with them. The mobile banking site is never accurate and they will never help you out if they seem to make a mistake. If the bank isn't open and you have an issue you are SOL, there isn't a way to get ahold of anyone. We've banked with them for 30 years and closed our account.
Health
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12839 |
| Year Established | 1932 |
| Employees | 358 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.67% |
| Return on Equity - YTD | 16.6% |
| Annual Interest Income | $45.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $2.48B$2.30B |
| Loans | Q2 2022vs Q2 2021 | $1.82B$1.62B |
| Deposits | Q2 2022vs Q2 2021 | $2.13B$1.97B |
| Equity Capital | Q2 2022vs Q2 2021 | $237.1MM$248.5MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $21.1MM$18.5MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $24.0MM$28.6MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $64.00K$0 |
