First Farmers Bank & Trust Company is headquartered in Converse and is the 13th largest bank in the state of Indiana. It is also the 473rd largest bank in the nation. It was established in 1932 and as of September of 2020, it had grown to 354 employees at 36 locations. First Farmers Bank & Trust Company has a B+ health rating.
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.
Overall | |
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FDIC Certificate # | 12839 |
Year Established | 1932 |
Employees | 354 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 1.38% |
Return on Equity - YTD | 12.92% |
Annual Interest Income | $61.8MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $2.09B$1.90B |
Loans | Q3 2020vs Q3 2019 | $1.56B$1.37B |
Deposits | Q3 2020vs Q3 2019 | $1.65B$1.50B |
Equity Capital | Q3 2020vs Q3 2019 | $227.7MM$201.7MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $17.8MM$16.8MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $35.5MM$22.9MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $1.1MM$1.2MM |
Always verify rates and promotions with the bank or credit union. We are not First Farmers Bank & Trust Company; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.15% | - | - | 18 Month Variable IRA |