First Farmers Bank and Trust Company (IN)

Overview / Commentary
123 North Jefferson Street
Converse, IN 46919

First Farmers Bank and Trust Company (IN) is headquartered in Converse and is the 14th largest bank in the state of Indiana. It is also the 452nd largest bank in the nation. It was established in 1932 and as of December of 2019, it had grown to 357 employees at 36 locations. First Farmers Bank and Trust Company (IN) has an A health rating.

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Health Grade Components

FDIC Certificate #12839
Year Established1932
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.61%
Return on Equity - YTD15.1%
Annual Interest Income$88.1MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$1.91B$1.74B
LoansQ4 2019vs Q4 2018$1.40B$1.30B
DepositsQ4 2019vs Q4 2018$1.53B$1.41B
Equity CapitalQ4 2019vs Q4 2018$204.2MM$185.6MM
Loan Loss AllowanceQ4 2019vs Q4 2018$16.9MM$15.9MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$23.6MM$20.8MM
Real Estate OwnedQ4 2019vs Q4 2018$1.1MM$208.00K

Rates for First Farmers Bank and Trust Company (IN) are currently being reviewed.



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