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FIRST FARMERS & MERCHANTS NATIONAL BANK

Fairmont, MN

Latest Health Report

Latest Update: March 31, 2022

Assets
$134,551,000
Deposits
$113,717,000
Loans
$98,600,000
Loan Loss Provision
$ 20,000
Profit
$354,000
Capital
$16,852,000
Reserves
$1,930,000
Past Due 90 Days
$ 0
Nonaccrual
$2,999,000
Other Real Estate Owned
$0
Capital Plus Reserves
$ 18,782,000
Total Troubled Assets
$ 2,999,000
Troubled Asset Ratio
15.97

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
2021 $130,569,000 $107,705,000 $94,745,000 $1,730,000 $ 18,405,000 $ 3,001,000 16.31
2020 $163,863,000 $136,939,000 $105,366,000 $1,521,000 $ 17,416,000 $ 752,000 4.32
2019 $104,051,000 $77,035,000 $90,213,000 $1,239,000 $ 16,527,000 $ 2,194,000 13.28
2018 $104,985,000 $79,779,000 $85,730,000 $1,488,000 $ 15,956,000 $ 1,669,000 10.46
2016 $110,759,000 $85,966,000 $87,184,000 $1,179,000 $ 14,567,000 $ 2,364,000 16.23