Overview / Commentary
First Farmers Bank & Trust Company is headquartered in CONVERSE and is the 13th largest bank in the state of Indiana. It is also the 407th largest bank in the nation. It was established in 1932 and as of June of 2023, it had grown to 389 employees at 35 locations. First Farmers Bank & Trust Company has an A health rating.
Related Posts
View all posts from:
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 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12839 |
| Year Established | 1932 |
| Employees | 389 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.65% |
| Return on Equity - YTD | 18.43% |
| Annual Interest Income | $75.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $2.85B$2.48B |
| Loans | Q2 2023vs Q2 2022 | $2.11B$1.82B |
| Deposits | Q2 2023vs Q2 2022 | $2.31B$2.13B |
| Equity Capital | Q2 2023vs Q2 2022 | $254.5MM$237.1MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $35.2MM$21.1MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $20.1MM$24.0MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$64.00K |
