First Farmers Bank & Trust Co., Financial Information

About First Farmers Bank & Trust Co.

 Address:
123 North Jefferson Street
Converse, IN
Miami County, Indiana
 Established:
Jan 1932
 Number of domestic offices:
37
Agriculture bank
Total assets$2,204M
Net income$30M
Net income, quarterly$9M
Total deposits$1,760M
Domestic deposits$1,760M
Equity capital$239M
ROA1.47%
ROAQ, quarterly1.75%
ROA, pretax1.75%
ROAQ, quarterly, pretax2.16%
ROE13.76%
ROEQ, quarterly16.09%
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 Bank and Trust Company have been serving the needs of families and businesses in Central Indiana since 1885. Now called First Farmers Bank and Trust, the institution launched an aggressive growth campaign that resulted in the construction of four new offices and the acquisition of two bank offices in new markets. A dramatic increase in ATM networks and a telephone bank service were established. In early 1998, in cooperation with Raymond James Financial of St. Petersburg Florida, First Farmers Investments was founded, adding the ability to provide a full array of stock, mutual, and other investment products.

Through expansion efforts in the last decade, FFBT purchased 10 branch locations and expanded operations into several new market areas including Wabash, Logansport, Culver, Knox, North Judson, Marion, and Russiaville while adding additional office facilities in Peru to help house an ever-growing operational staff. In 2012, the Bank expanded its footprint to include 3 branches in Illinois.

First Farmers Bank & Trust now serves over 50,000 clients throughout Indiana and Illinois from 27 conveniently located branch offices and has become one of the premier community banks in the Midwest.

With over 300 employees and over $1.3 billion in assets, the bank has come a long way from Mark Tulley’s original Exchange and is now the largest Agricultural bank east of the Mississippi River as designated by the FDIC. But central to the bank focus is the commitment to remain an independent institution, free to change dynamically to meet the needs of its customers and communities.

Amboy
115 South Main Street, Amboy, IN 46911

Bargersville
42 S State Road 135, Bargersville, IN 46106

Culver
101 Main Street, Culver, IN 46511

Dana
129 Maple Street, Dana, IN 47847

Elwood
10077 N State Road 37, Elwood, IN 46036

Galveston
112 S. California, Galveston, IN 46932

Greentown
603 W. Main, Greentown, IN 46936

Hamlet
100 East Short Street, Hamlet, IN 46532

Huntington
244 Hauenstein Road, Huntington, IN 46750

Knox
1402 S. Heaton Street, Knox, IN 46534

Kokomo Central
501 West Lincoln Road, Kokomo, IN 46902

Kokomo North
2041 N. Reed Road, Kokomo, IN 46901

Kokomo South
410 Flint Way, Kokomo, IN 46902

Kokomo Square
101 W Sycamore Street, Kokomo, IN 46901

Logansport
3910 East Market Street, Logansport, IN 46947

Marion
830 North Baldwin Avenue, Marion, IN 46952

North Judson - Keller
302 Keller Avenue, North Judson, IN 46366

North Judson - Lane
310 Lane Street, North Judson, IN 46366

Peru River
120 S. Broadway, Peru, IN 46970

Peru Square
2 N. Broadway, Peru, IN 46970

Russiaville
160 West Main Street, Russiaville, IN 46979

Sheridan
2400 W. State Road 38, Sheridan, IN 46069

Terre Haute
315 East Davis Drive, Terre Haute, IN 47802

Tipton
825 E. Jefferson, Tipton, IN 46072

Wabash
1004 North Cass Street, Wabash, IN 46992

Paris - Main
110 West Court Street, Paris, IL 61944

Paris East
8964 N Terre Haute Road, Paris, IL 61944

Oakland
12 West Main Street, P.O. Box 950, Oakland IL 61943