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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
| 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 |