Overview / Commentary
First & Farmers National Bank is headquartered in Somerset and is the 29th largest bank in the state of Kentucky. It is also the 1,449th largest bank in the nation. It was established in 1903 and as of June of 2020, it had grown to 146 employees at 11 locations. First & Farmers National Bank has an A+ health rating.
Health
A+
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 2738 |
| Year Established | 1903 |
| Employees | 146 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.68% |
| Return on Equity - YTD | 5.13% |
| Annual Interest Income | $10.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $567.4MM$518.1MM |
| Loans | Q2 2020vs Q2 2019 | $329.5MM$294.7MM |
| Deposits | Q2 2020vs Q2 2019 | $474.9MM$437.7MM |
| Equity Capital | Q2 2020vs Q2 2019 | $74.4MM$69.2MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $4.7MM$4.3MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $2.0MM$2.1MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |
