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First Farmers & Merchants National Bank, Financial Information

About First Farmers & Merchants National Bank

 Address:
303 East Main Street
Luverne, MN
Rock County, Minnesota
 Established:
Jan 1931
 Number of domestic offices:
2
Agriculture bank
Total assets$216M
Net income$3M
Net income, quarterly$1M
Total deposits$181M
Domestic deposits$181M
Equity capital$32M
ROA1.58%
ROAQ, quarterly1.64%
ROA, pretax1.64%
ROAQ, quarterly, pretax1.64%
ROE10.23%
ROEQ, quarterly10.97%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

First Farmers and Merchants National Bank - community bank, provides banking services for individuals and small businesses.

It offers personal banking services, such as checking, personal money market, savings, and individual retirement accounts; certificates of deposit; online, mobile, and phone banking services; ATM/debit and credit cards; consumer, student, mortgage, and construction loans.

Historical Data