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FIRST FARMERS & MERCHANTS NATIONAL BANK
Fairmont, MN
Latest Health Report
Latest Update: March 31, 2021
- Assets
- $158,472,000
- Deposits
- $129,811,000
- Loans
- $105,978,000
- Loan Loss Provision
- $85,000
- Profit
- $421,000
- Capital
- $15,486,000
- Reserves
- $2,246,000
- Past Due 90 Days
- $0
- Nonaccrual
- $2,091,000
- Other Real Estate Owned
- $0
- Capital Plus Reserves
- $17,732,000
- Total Troubled Assets
- $2,091,000
- Troubled Asset Ratio
- 11.79
Past reports
| Year | Assets | Deposits | Loans | Profit | Capital + Reserves | Total Troubled Assets | Troubled Asset Ratio |
|---|---|---|---|---|---|---|---|
| 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 |
| 2015 | $103,372,000 | $79,245,000 | $82,614,000 | $1,020,000 | $14,015,000 | $2,557,000 | 18.24 |