First Farmers & Merchants Bank

First Farmers & Merchants Bank


Overview / Commentary
866-733-3444
920 4th Street South
Cannon Falls, MN 55009

First Farmers & Merchants Bank is headquartered in CANNON FALLS and is the 50th largest bank in the state of Minnesota. It is also the 1,871st largest bank in the nation. It was established in 1915 and as of June of 2024, it had grown to 57 employees at 7 locations. First Farmers & Merchants Bank has a B+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+

Health Grade Components

Overall
FDIC Certificate #10168
Year Established1915
Employees57
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.44%
Return on Equity - YTD5.95%
Annual Interest Income$10.3MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$465MM$458MM
LoansQ2 2024vs Q2 2023$283.8MM$276.5MM
DepositsQ2 2024vs Q2 2023$398MM$397MM
Equity CapitalQ2 2024vs Q2 2023$34.9MM$26.1MM
Loan Loss AllowanceQ2 2024vs Q2 2023$2.9MM$2.9MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$0$0
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

Sorry, we do not have rate data for First Farmers & Merchants Bank.

Locations


First Farmers & Merchants Bank Locations
White Rock Branch13313 County 1 BlvdCannon Falls, MN 55009
Goodhue Branch202 3rd AvenueGoodhue, MN 55027
White Rock Bank920 4th St SCannon Falls, MN 55009
Red Wing Branch3141 North Service DriveRed Wing, MN 55066
Le Sueur Branch112 South Main StreetLe Sueur, MN 56058
Bellchester Branch601 1st StreetBellchester, MN 55027
Cannon Falls Econo Foods Branch425 Main StreetCannon Falls, MN 55009

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.