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FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW

Grand Meadow, MN

Latest Health Report

Latest Update: Sept. 30, 2021

Assets
$79,196,000
Deposits
$68,813,000
Loans
$51,718,000
Loan Loss Provision
$ 298,000
Profit
$911,000
Capital
$7,321,000
Reserves
$1,202,000
Past Due 90 Days
$ 0
Nonaccrual
$1,977,000
Other Real Estate Owned
$0
Capital Plus Reserves
$ 8,523,000
Total Troubled Assets
$ 1,977,000
Troubled Asset Ratio
23.20

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2020 $78,744,000 $66,857,000 $51,009,000 $-223,000 $ 7,947,000 $ 2,615,000 32.91
2019 $73,181,000 $59,771,000 $54,939,000 $729,000 $ 8,412,000 $ 3,300,000 39.23
2018 $68,336,000 $53,539,000 $53,260,000 $1,121,000 $ 8,097,000 $ 2,750,000 33.96
2016 $57,792,000 $49,756,000 $46,575,000 $622,000 $ 7,109,000 $ 728,000 10.24
2015 $59,742,000 $52,226,000 $44,692,000 $551,000 $ 6,252,000 $ 798,000 12.76